Académique Documents
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Spence Travels
Competitive Labor environment
Vulnerable of IT system
Issues
Competitive dynamics Competitive Labor
environment
Providing training and development opportunities to fresher
with the aim, end of the training program other competitors
hunting heads of best performers of the program by offering
high salary and high position in their organizations.
Competitive dynamics differ in slow-cycle, fast-cycle, and
standard-cycle markets, and in here competitors are using
slow cycle.
Reason why competitors practicing slow-cycle, In Aitken
Spence travel providing T & D program time period is 2
years of time.
For this issue having highly impact to the company and high
probability to the company. Because head hunting is
common in the business world and it will be a huge lose to
the company, because quality of the T & D they are giving.
Cont..
Strategy implementation Vulnerable of IT
system
Aitken Spence travels need to implement new strategy to
the company by using IT based system, but the thing is by
paying money hackers can be found in internally and
externally.
External wise it can be happen but the most dangerous
thing is cheaters found in the internally.
Mean while competitors paying huge amount to big shots of
the company and through that competitors having the data
base of the Aitken Spence.
If hacker vulnerable to comprehensive network , it will be a
major impact for the company.
Systems failure events by sending anti-virus to the system.
For this issue having medium Impact and medium
probability. Because as a company Aitken Spence travels
paying salary and giving offers to best they can.
Cont..
Mergers and acquisitions