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The Future Bases
For Competitive Advantage in the Telecommunications Industry: An
Evaluation of Drivers For Change, Critical Success Factors, and
Competitive Advantage in the Telecoms Industry
25,000
words –
140 pages in length
Excellent
use of
literature
In
depth
analysis
Outstanding
MBA dissertation
Over
the past
decade, the communications industry has changed dramatically due to
deregulation, technological changes, increasing convergence of
previously
unrelated services and, more recently, rapid advancements in Internet,
broadband and wireless technologies.
The
global
telecommunications market went through a fundamental transition from
national
state owned monopolies to privatised, deregulated competitive markets. Simultaneously,
the new technologies made
possible new, innovative services, created new markets and reduced the
barriers
to entry.
Together
deregulation, competition
and new technology created strong downwards pressures in prices. In
essence,
there was a new paradigm - a significant change in the balance between
Porter’s
Five Forces, producing a high degree of dynamism and complexity in the
telecommunications industry. Together this created one of the largest
‘booms’
of modern times and utterly
transformed the
telecom landscape by introducing a host of new players.
This
dissertation evaluates the hypothesis that successful operators will
meet
customer needs through solutions and services not technology and that
key
success factors will include speed, flexibility and outstanding quality
and
reliability. The purpose of the dissertation is (a) to make sense of
the forces
driving change in the telecom industry and (b) identify future areas of
opportunity for industry players and the key success factors that will
be
necessary to enable them to compete. Primary data was collected through
customer questionnaires and interviews with managers associated with
the companies
that were the subject of the case studies. Secondary data was collected
from
sources such as relevant literature, trade, business and academic
journals,
informal discussions, market research, the media and the internet. The
current
position and strategies of Vodafone and Cable & Wireless were
examined with
a view to determining how they intend to best meet market demands
– and develop
sources of competitive advantage. The fieldwork and case studies were
compared
in Section 6 with the theoretical framework derived from the literature
review
and conclusions drawn about the validity or otherwise of the hypothesis. The
hypothesis was considered proven.
1.
Introduction
An
era of transformational change
The
aftermath
Debt
Overcapacity
Where
next?
The
end of the internet revolution?
Emerging
trends
Pest
analysis
Understanding
uncertainty
2.
Aims, Objectives and Methodology
Personal
objectives
Purpose
Critical
Literature Review
Primary
Research
Evaluation
of Research, Comparison
with
Literature, Discussion
3.
Literature Review
Industry
analysis
Forces
Driving Change
Short
to medium term options
Managing
Innovation
Competitive
Strategy
What
is a core competence?
Planning
for uncertainty
Scenario
Planning
Chaos
Theory
Summary
4.
Primary Research
Overview
of respondents
Customer
views & attitudes
What
is important in choosing a service provider
Customer
Churn
Long-term
commitment
Services
analysis
Broadband
Mobile
3G
Interest
in other new services
Views
of the industry
Pricing
trends
How
telecoms improve quality of life
Recommending
a telecoms provider
General
comments
Summary
5.
Case Studies
Vodafone
Overview
An
inside view
Cable
& Wireless
Overview
An
inside view
Summary
6.
Conclusions
Introduction
Testing
the hypothesis – what do
customers want?
What
do customers think of providers?
How
do providers get out of their post boom hole?
How
can telecoms providers develop and sustain competitive
advantage?
Managing
an uncertain future
Bibliography
Appendices
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