Managing Change Project Of Vodafone Marketing Essay

Managing turn Project Of Vodafone merchandising EssayThis report contains the psyche of administration of rulesal transmute. This compound is wide and non microscopicer potpourris like adding a novel person, structural change and guidance processes, innovation of rising products unexampled techniques and merges (cross border or etc). Change is caused to turn e precise ride off a goal.Background of VodafoneVODAFONE is a global tele dialoguemunication c each(prenominal)er-out and it is the worlds largest fluid telecommunication guild mensurable by revenues and it is the worlds routine largest compe very if measured by subscribers. Head quarter of Vodafone is in Newbury, United Kingdom. Proportionate signifier of nodes of Vodafone is 347 million. Vodafone operates profit in 31 countries and has partner ne devilrks in other(a) 44 countries.The summon of the companionship VODAFONE came from Voice selective instruction fone. This name is chosen by the company to reflect the provision of voice and data works over peregrine phonesThis is the original Logo of Vodafone formerly used. Then in1997 the stark naked logo of Vodafone is introduced i.e. the speech mark logo.This Public Limited gild was founded in 1984, emerged from Racal telecommunication (1983-1991). The chair person of the company was sir. John Bond.Changes in VodafoneHUTCH to VODAFONEWith the entry of VODAFONE, A in the altogether company was emerged named VODAFONE ESSAR, which was formerly known as Hutchison Essar. Vodafone Essar is owned 67% by the company VODAFONE and 33% by Essar group. Vodafone Essar, founded in February 2007, is the second largest mobile operator in shapes of revenue and third largest company in terms of customers. Vodafone Essar, head quartered in Mumbai, Maharashtra, India, provides Mobile interlockings, Telecom function and etc.Initi entirelyy round 1995 Vodafone Essar was MAX TOUCH then around 2000 it was ORANGE. In December 2006, Hutchison Ess ar re-launched the Hutch fault nationwide, consolidating its run under a single identity. Then in 2007, the deal occurred and Hutch is turned to Vodafone.Problems merchandiseServicesNew assembly line handler of VodafoneHow to get new customerHow to introduced new productsLevels of Vodafone change now daysVodafone telecommunication had a new change. It was planned a dominating strategy.And be lieus get a effective opportunity in securities industrys.CharacteristicsThe change in the Hutch to Vodafone redefined existing parameters. in that location is a change in organization structure and technology of telecommunication.Objectives of changeChanges be occurred to encourage the individuals to think and crate whatsoeverthing new. To perform a combative attitude in them to face the global economic and market environment, these changes argon required.The customers argon provided with steady-going attends by this change.Vodafone has changed the internal and external flori culture of the organization.Vodafone has introduced providing continental c every(prenominal) rate to the customers increased sales.To survive in the market they started new technology and packages.Vodafone wants to recruit individuals who concur thorough knowledge of managerial and technological skills that usher out shuffle believe a great impact on their personality and character.To increase unit production, individuals ar encouraged to be a leader to take responsibility efficiently.The change has been occurred to cause a double shift by creating a dynamic and positive learning halo and changing our corporate culture.The change helps Vodafone to adjust with knowledge based economy.To make the staff Knowledge workers they ar provided with basic conceptual training and in vogue(p) managerial concepts skills. Changes help them to take the challenges of modern business.The purpose of changing in Hutch to Vodafone that to get good result in this war-ridden market.P2. organis ational Structure of VodafoneThe function of Vodafone is centralized. The insurance policy and strategy of business administration ar made by the group of chair man and board of directories. They withal shape active changes in the organization.Chief ExecutiveMohammed RizwanManagement calling cardMarten PietersReporting to the Chief ExecutiveArun sarinCustomer and trading operations ExecutiveDolrina ghoshSource www.vodafone.comThe above mentioned people be involved in planning strategies and responsible to carry the policies into effect in the organization and amaze the new break outment in Telecoms industry in Vodafone in this competitive and challenging atmosphere business changes is taking internal and external challenges by which it occupied the headlines of Vodafone change life.P2. SWOT ANALYSIS OF VODAFONEStrengthThe biggest strength of Vodafone is their soil name. Vodafone is a telecom giant and is very old so it is self-evident the brand equity is very high and es tablished. The wide ara of Network of Vodafone is also a strength of this company. It is still covering continuously to a greater extent and more(prenominal) regions and places which be not covered yet. The advertisements and other promotional activities argon also included in the strengths of Vodafone.WeaknessThe weakenednesses of Vodafone surveil are very less. But, weaknesses should not be ignored otherwise they arse turn into disadvantage in incoming. The weakness is the schemes and offers provided by the company. Obviously they are good scarcely looking at the current competitive market of telecom we usher out say they are not up to the mark. Vodafone has the concepts which most of the other brands fool in their company. No innovative concepts are there with Vodafone. So, it is beneficial for the Company to bring almost innovations and build a distinct image again.OpportunitiesCompany can do many things to remove its weaknesses and enhance the growth of the company . As discussed earlier, company is a bit joint in providing schemes and offers i.e. company is having common schemes so it can be do by the company that they bring some innovations in their brand, they can launch a new sub-brand with a trendy personality as TTSL did with Tata Do Como. And many more. Vodafone also have a great opportunity of entering into CDMA market.ThreatsThe company is surrounded with various threats as it is one of the biggest telecom companies in India. Company has a weak point in innovations. The most promising innovations in offers, operate and schemes are of Tata Do Como a new brand of TTSL and NTT Do Como. Vodafone can be taken over in that particular matter by this company or any other company. So, this should be kept into consideration.P3. Services provided by Vodafone after changesAlternative forms of Organizational get downment7 Ps of serving MARKETINGIn the merchandise Mix of visible products the the main 4 Ps are-ProductPricePlacePromotionAnd t hese 4 Ps are called 4 Ps of Marketing Mix. But as utmost as Service Marketing is concerned, three additional Ps are there. So in the matter of Service Marketing, The authorised Ps are 7. Which are-ProductPricePlacePromotion tribe (actors and audience)Process ( Performance)Physical Evidence (setting, props, dcor, design etc)Transferring the structure into alterFrom Centralized To Decentralized FormFunction driven Purpose drivenC put upd collapseParts WholeTop great dealhearted hierarchical Local nidusControlled EmpoweredBoundary less Centralized Distributed/ NetworkedDepartmentalized ConnectedSameness multifariousnessStability Growth/ ChangeTASK- TWOP4. Reason of change in VodafoneThe chairman and board of direction of the Vodafone are trying to downsize in the organization to develop the organization future and reputation and fame against its competitors. Though for the last a few(prenominal) decades they had enviable place in the market but in the new-fashioned old age they occupy 15 percent of the market of high argument with other services. So they should bring about a huge and pregnant change in Vodafone the main focus to change variable are followed-Reduction in cabin crewInternal and out-of-door changeFinancial lossesDrop in profitIncreased oppositionLoss of Market ShareTechnological developmentCultural changeFactors Forcing changeVodafone are beingness pressurized over the last few years two internally and externally. So the group of chairman and Board of director have decided to bring some chapters likeCommenced a new dimension in lieu of standing still a new corporate identity was introduced, heralding an E6 billion development syllabus and new strategical direction.Change internal and external cultureCost mustiness be cut down engineering science should be changed (new logo, Network, services)Increased competition changing marketInner Factors forcing changeA formal research can identify the internal factors that jampack to creat e a change in organization.DESCRIPTION of 7 Ps OF VODAFONEAs the VODAFONE is a Telecommunication SERVICE, These 7 Ps are applied to Vodafone also. So here is a small description of the 7 Ps of Vodafone.Product- A service product TelecommunicationPrice- Various pricing and plans availablePlace- Availability worldwidePromotion- Advertisements, sponsoring, EventsPeople- Vodafone provides services to 106,347,368 people, service provider Vodafone EssarProcess- It includes the performance of the service.Physical Evidence- Props provided with services. Like in irrelevant countries mobiles phones are available with the telecom services,Impact of gameholders by following FactorsExternal Forcing changeThe external factors that create change in an organization areEconomicIf an economic crisis is created all over the world it will force to cut down the cost of international call. Fluctuation in all sim prices affected consumer spending for 13 years in the age of more acute competition market and business administration, for continuing the long term business disregardd capacity slightly during zoos on a recess plan.PoliticalSufficient security measures must be taken by Vodafone to pass customers confidence and trust because of the threats of miscreants in the past.SocialSocial factors are also providing a good opportunity to Vodafone as intimately as consumers. So a change in cultural stage is prerequisite for potential opportunity for growth.EnvironmentalThe improving environmental quality and ruffle impact on local communities while doing the call of relative side disturbance are there thats why they change there network (change network, changing bill)Resistance against changeVodafone was obstructed by union, Government part of labour and development, local and Environmental conditions who gave the high pressure. Union was displeased with down rising decision of company. Union called for a strike. Many people are unaware of the importance of change. Often there are disagreeing goals in the company. be should be reduced to increase resources and to achieve change. Organizational change very much creates an adverse situation in racing shell of how the members want to do anything. So literature discusses most of the organizational change.Evaluation of new physical process for thoughtfulness for change and successfully death penalty of it is first and foremost priority of the managers of the organizational communication with staff as well stockholders are not all as a manager one have concentrate on judging the situation also before providing a step towards slaying of the new strategy. They need to judge the delivered message effectively with some var. of readiness. It is essential to acknowledge the people related to the organization about the destiny of change and provide them a crystal clear ideal about the strategy, they are going to adopt. It will be surely increase the thirst arrange the shareholder. Communication should by do which keeping the business policy in the mind and convey the risk factor associate with it without creating any panic. In every step of the evaluation procedure as a manager they need to keep the customer up-to-date about the each step so the procedure can provide them feel good atmosphere. They need to establish a communication plan at all level of their employees whether it would be frontline employees on it be supervisor. This will provide them mitigate idea about the situation. They also have to organize training program along with awareness program to make their employees used to with the changed process and future strategy. Training program must features points like skill, knowledge and behavior un bendable for the implementation of the new strategy. After implementation of each step analysis should be done thoroughly to identify the mistakes and adopt proper measures to avoid the repetition of further. Training program should be conducted in the beginning of the implementa tion procedure to avoid the interruption while going on. As a manager it is duty of an individual to rectify the suitable approach to tint the target of the adopted plan. Forecasting policies with flexible mode can be helpful in case of crisis.Financial Situation of the Company VODAFONEVodafone earns decent money as it is a telecom giant in the world. any(prenominal) figures related to their earnings are as prone below.Voice services 5,011 croresMessaging 175 CroresData services 350 CroresOther services 560 CroresVodafone Essars revenues are more than twice that of IDEA Cellulars Rs 2,987 crores for the quarter ended on June 30, 2009.The receipts of the company is 44.47 billion as per the records of 2010.The Operating Income of the company is as per 2010 data is 9.480 billion.Profit of the company is 8.645 billion as per the data of 2010Total assets of the company as per 2010 data is 156.98 billionTotal Equity of the company as per 2010 is 90.38 billion.P5. Evaluation of change management and Research analysis in Vodafone-ChangesEngineering, design, structure, new call rates and new technology equipment are the types of issues that are to be changed.Changes in market sharesAfter changes in hutch to Vodafone there is some effect on the market shares for one month market shares of Vodafone was down and after one services launched by Vodafone its bullish.Change in TechnologyTechnological changes are required in the company to improve both attributes of organic and mechanic conditions to acquire creativeness and effectiveness.RESEARCH AND ANALYSISThe burst(p) way of getting an idea about whether the product is appreciated by the people or not, is to ask people themselves here(predicate) is a contemplate made to know the views of the customers about the telecom service. What are their views about the service and what they like and what they dont like about the service.I passed the same interrogativenaire to 50 VODAFONE users. They gave their views on all the points so that we can have an idea about the stipulation of the brand in the outlooks of the customers.Here is a Research result for VODAFONE. People have to RANK Vodafone out of 10 in Network, Offers, Advertisements, Services, Customer propitiation activities of the company and over all rank for the company. The top 10 countries fairish connection speeds are as follow.Source https//www.myciscocommunity.com/servlet/JiveServlet/showImage/38-2677-21576/connection-speed-country.pngAs we can behold Vodafone customers are highly satisfied with network provided by the company. But they are a bit dissatisfied with the offers provided by the company. So company call for to provide some more attractive and beneficial offers to the customers to turn them into true-blue and delighted customers. Otherwise people like their advertisements and giving good response. In addition, services provided by the company are also good to attract the customers towards the company. An overall ranki ng is also good for the company. And more than 10 countries are speedy connected with the Vodafone.But a main point is of the charges of the service. peerless more question is asked to the people that Is VODAFONE a costly service?Here is the output47 people said yes, Vodafone is a costly telecom service. In a developing country like India, the main question of the life is of money. And if the service is costly then the company will lose that part of the people as their customers. So it is advisable for the company to reduce the charges of the services and also include lower budgeted people.TASK- THREEP6. Model of Change managementHow to become theCENTRE OF ATTRACTION?(EFFECTIVE MARKETING OF VODAFONE)The most important task of a businessman is to Market his product in such(prenominal) a way that people get a clear idea about all the factors which were actually meant to be conveyed. The product should be presented as a unalike and beneficial from others. If the product is not proved different from other products in the same category, than the product will be unaccompanied a commodity and will not be able to create a brand name.Creating a brand name is a very important task of an entrepreneur. A brand name creates loyalty in the hearts of the customers. A distinct image of the product is created in the mindset of the customers. But how to create a brand name? What should be done to have good brand equity for the product? That depends not moreover on Logo, Name, Label and Punch line but also on how you present your product in front of the customers. And that is nothing but the merchandise of the product.In case of telecommunication companies, the point will be of selling a SERVICE. Vodafone cellular operator is not providing products but it is called SERVICES. So, in this case the main point would be of putting the most effective and elicit schemes so that the customer gets attracted and New Customer Addition goes high with the rush of time.The principal t ask of a telecommunication company is to provide services only but to provide it in the most effective fashion is a sign of a good trafficker. A good marketer forms a good marketing strategy. What are the best things about the marketing of Vodafone? Why this brand attract the subscribers more?These are some points which make them popular and CENTRE OF ATTRECTION for the customers.VODAFONE in India (Vodafone Essar)Vodafone is serving in India also. Vodafone has acquired HUTCH (Essar group) of India up to some extent. Vodafone Essar, which is made from Vodafone Group and Hutchison Essar Group, has decided to sell their products on the name of VODAFONE only. And then the product name is changed from HUTCH to VODAFONE.Headquarter of Vodafone EssarPeninsula Corporate ParkGanpatrao Kadam oleomargarineLower Parel,Mumbai 400 013 IndiaSource Created by own after studding information from www.vodafone.comP7. Implementation procedure of Technology changeLatest technology Vodafone Essar, In dias third-largest mobile carrier will launch third-generation (3G) services in the country in the January-March quarter of 2011 and plans to spend up to $500 million at heart two years on its 3G networks.Mobile money transfer servicesIn March 2007, Safaricom, which is part owned by Vodafone and the leading mobile communication provider in Kenya, launched a mobile payment solution create by Vodafone.M-PESA is aimed at mobile customers who do not have a bank account, typically because they do not have access to a bank or their income is insufficient to justify a bank account. The M-PESA system allows customers to deposit and withdraw cash via local agents, and transfer money to other mobile phone users via SMS.By February 2008, the M-PESA money transfer system in Kenya had gained 1.6 million customersand Vodafone announced that it was to extend the service to Afghanistan. The service here was launched on the Roshan network under the brand M-Paisa with a different focus to the Kenya n service. M-Paisa was targeted as a vehicle for microfinance institutions (MFI) loan disbursements and repayments, alongside business to business applications such as salary disbursement.Other Plans for implementationEducation the employee must educate properly in order to cope with the organizational changes that has occurred within Vodafone to have a proper knowledge about the change management. check in the employee must take part in the decision reservation and hassle solving procedure in VodafoneStake holders troth The stake holders should be provided with proper feedback about the management change that has taken place with Vodafone.Communication A transparent communication will led to better implementation procedure and this will facilitate proper negotiation procedure within the organization.RecommendationThere are different processes of training programs which adopts new technology and help the company to attain success. People can slow communicate with each other if t he structure of the company is divided into some(prenominal) parts. To break the bureaucratic system power must be given away in hierarchy level. To create a change in the organization an experienced consultant can be applied. The company should get more feedback from its employees so that it can be able to understand the problem and take decision to resolve it. Employee should work altogether in squad to manage the change.Contingency Plan-Strong business rational with develop business plan increasing of employee satisfaction is needed.Proper effective involvement of employee plays key role for change.Vision leadershiphip Proper commitment from leaders guidance from link manager help the change agenda to follow the organization.Empowerment Employment of maximum eligible employee develops the productivity as well as progress.Charging of working environment involving culture management of people develop performance of business also improve the quality of employees lives.SUG GESTIONSVodafone can be called as a leading company of telecom industry because this is the brand which is still growing and covering more and more areas. But, the company should also watch out for the new coming companies which are quite promising. Currently, it is limpid that Vodafone is far ahead of the other companies. But it should also be considered that some of the company which is running behind Vodafone has the concepts, schemes and facilities which Vodafone dont have in spite of being such a successful company. And undoubtly the innovations brought by some companies which are new say Do Como, MTS and etc are fantastic and effective. So Vodafone can hearten the services provided by the mind attract the new customers.CONCUSIONTo conclude the report, it can be said that Vodafone is one of the leading companies today in the telecommunication industry, promising company considering its speed of growth, New Ideas, Young generation learning ability and Identification of needs of the customers.