Marketplace consideration Essays

Marketplace consideration Essays Marketplace consideration Essay Marketplace consideration Essay What are marketplace considerations for implementing ISO 14000? Does implementing ISO 14000 provide a company with a competitive advantage? If so, how? Discuss. ISO 14000 is a standard meeting criteria for any organization. Implementation of ISO 14000 requires some huge considerations. One of them is marketplace considerations; you have to look for the standards of your market and your competitors, it may be very essential to survive in your market place. For example consider food industry and toilet paper industry, if you are a mineral water producer, and 60% of your competitors are ISO certified, you may loose a major chunk of your market share, just because you are in a food industry and people are much conscious of their health standards specially people of 3rd world who drink mineral waters to ensure health and quality of water. Even reduced prices or competitive prices may not do the miracle which an ISO certification can. Yes, the title brings along a competitive edge, but yet it depends on nature of your market, your competitors and your product. Even it may be a necessity more than an edge. What is a GAP analysis? Why is it important to the ISO planning process? Discuss. GAP analysis a technique used to measure the standards of your organization and compare with the standards of ISO implementation. You find the shortcomings, the problems and try to fill in the gaps. A GAP analysis may provide a basis for drastic change, thorough improvements, and radical developments; it may lead to an opportunity also. As a transformer you must apply all the required transformations on an organization in all of the departments to fulfill the specific criteria laid by the ISO. The minimum criteria can only be measured against some benchmark and you have to work at your bottlenecks to improve in all and off course required dimensions. How does a sustainability plan positively affect internal stakeholders? How quickly would they see benefits? Discuss. A sustainability plan serves as a rescuer for sinking organizations, there are many dimensions of sustenance and the internal stakeholders can experience the ways in many dimensions. New horizons to business The benefits are tangible and intangible, they may be visible or invisible, but yet there are many things which are apparent but yes they take time to appear, because after change success comes after a certain while and you can enjoy the results only after the dust of movement has settled upon the road. But often a sustenance plan may cater a prototype limited kind of change in selected business area or functionality. References Eduardo Alvarez, Ian Buchanan, Jong Hyun Chang, Vinay Couto, Peter von Hochberg, David Humenansky, Paul Hyde, Narayan Nallicheri, Gary Neilson, Paolo Pigorini, Joe Saddi, and Akira Uchida, Booz Allen Hamilton (2003). A New take on Business Process Redesign. Accessed on April 30, 2010 from eiltd.net.