Business Group work
Assignment Cover
Sheet
STUDENT DETAILS
Assignment: Individual Assignment:
Assignment: yes
Name & Student ID: Tameka Taylor Name & Student ID: Rosh
20234705 20226262
Name & Student ID: Deandrea Dennis Name & Student ID: Brian
20234634 & Shiphania Rowe 20235
Name & Student ID: Keana Massias Peer review:
20235025
COURSE DETAILS
Course Code: BUS102 Course Title: Introduction to
Administration
Programme: School of Business, Department:
Management and Entrepreneurship.
Choose a Department
Campus: kingston Lecturer: Kadeen Dennie
ASSIGNMENT DETAILS
Assignment title: )
. In your assigned group, select a company and prepare a
maximum 20 pages (not including UCC cover page, tab
and reference page).
(Example of company: Grace Kennedy, Red Strip
JWN/Campari, Lasco Distribution, Digicel, Flow
Guardian Life, BNS, NCB, FCIB, ATL Automotiv
UWI, JTB, FedEx, PriceSmart, or any other com
choice).
The project should use referenced scholarly articles to s
points.
The questions below are merely a guide to the content ex
report. It is not intended that the group will be using a
question/answer format for the report.
1. Describe the firm: How old is the business? W
the firm active in?
What products or services does it offer? Describe
market. Who are its principal competitors? Is it
internationally? The form of the business (sole p
[CLO 1]
2. What do the firm’s stated mission, values, and
the business? [CLO 1]
3. Describe the basic organizational structure of
1]
4. Describe the nature of the business environme
business operates. What are the firm’s strengths a
What are the opportunities and threats? [CLO 1]
5. What is the firm's approach to management? D
relate to Scientific Management or any other the
learned in the course? [CLO 1]
6. Who is the CEO? How long has s/he been in t
What has been the career track of the CEO? Com
prevailing leadership style. Describe the culture
organization. [CLO 2]
7. How important is the Planning function and w
in Strategic Planning undertaken by the firm? [C
8. Provide at least two (2) examples of how the C
performed the basic tasks of management—strat
planning, organizing, controlling, developing, an
organization. [CLO 1/CLO 2]
9. Contrast the firm’s style with the four (4) way
decisions. [CLO 1]
10. Can you find any evidence that managers at t
might have made any significant planning or dec
errors? Briefly describe the main methods top m
control the organization. Suggest any change in c
for the organization. [CLO 1]
11. What is the organization’s approach to Corpo
Responsibility and Ethical Practices? Discuss the
engaging in such practices, supported by relevan
6]
12. Briefly describe the company’s approach to W
Diversity. [CLO 3]
13. Comment briefly on the firm’s accounting an
situation and outcome. [CLO 1]
14. Summarize your findings and indicate wheth
team thinks this is a successful company and just
conclusion. [CLO 1/CLO 2/CLO 3/CLO 4]
Word Count/Length: (N/A) Submission Due: (2/4/2024
DECLARATION:
I certify that I have read and understood the implications of the Ac
Copyright guidelines on my Course Outline.
I certify that the assignment submitted is my own work and that all
reference sources have been fully acknowledged.
For Instructors Only
Course Learning Outcomes (CLO)
Question # CLO CLO CLO CLO CLO CLO Lecturer’
1 2 3 4 5 6 Total
Total
Lecturer’s/Examiner’s Comments: Comments: 2nd Marke
Vetter: [ ]
Name: Name:
Signature: Signature:
Date:
2024 Business
Report
Done by: Group 6
TABLE OF CONTENT
Title
Executive Summary………………………………………
Introduction………………………………………………
Body………………………………………………………
10
Conclusion………………………………………………
Recommendations………………………………………
References………………………………………………
13-14
Appendices………………………………………………
Executive Summary
Digicel provides a vast range of communication like
SMS, internet, and home entertainment such as TV
services. Digicel's strength lies in its services, fast
technology, and the fact that there is one competitor.
Digicel only has one main competitor. This can be
both a disadvantage and an advantage, it can
overwhelm the market and cause pressure within the
business environment but it can also help to gain
more profit, help attract customers, and maintain
brand loyalty. The role of this company is to deliver
the best service to customers and to enhance
customers' phones, homes, and business
environments. In addition to its core services, Digicel
continues to innovate and expand its offerings to
meet the needs of its customer base. With a focus on
technological advancements and customer
satisfaction, Digicel strives to stay ahead of the curve
in providing communication solutions. Digicel
remains dedicated to delivering value to its customers
while driving growth and sustainability in an
increasingly competitive market landscape.
Furthermore, Digicel's commitment to corporate
social responsibility plays a vital role in its
operations. Digicel aims to foster a more connected,
empowered, and sustainable future for individuals
and societies across its operating regions. Ways for
Digicel to improve are to improve its marketing
strategies, hop onto recent trends, improve
financially, and advance its technological services.
Introduction
In today's fast-paced and competitive
telecommunications environment, the ability to make
informed judgments is fundamental to success. This
report attempts to uncover opportunities for Digicel.
Digicel is a Jamaican-based mobile phone network
and home entertainment company that has grown to
become one of the largest mobile network operators in
the Caribbean. With a strong focus on innovation and
customer satisfaction, Digicel has built a reputation
for providing reliable and affordable communication
services. Overall, Digicel plays a pivotal role in the
telecommunications industry, offering essential
connectivity services to millions of customers across
multiple countries and territories, but like every
organization, there is always competition. Flow, also a
Caribbean connection provider based in Jamaica, is
Digical's biggest competitor. Flow is Digicel's biggest
competitor primarily due to its comprehensive range
of telecommunications services, spanning mobile,
broadband, and digital TV, which directly challenges
Digicel's dominance in these markets. However, given
Digicel’s poor operating and financial performance
over the past years, Digicel is not able to access the
funding it would like at reasonable rates in global
capital markets. As a result, Digicel has resorted to
both asset sales and cuts in capital expenditure over
the past few years, which is counterproductive as
continuous investment in capital is required to remain
relevant and competitive in the telecommunications
sector. Digicel operates in a capital-intensive industry
in markets where competition is fierce. Jamaica is
Digicel’s largest market in terms of revenue share and
has seen regulators introducing number portability
which has led to mobile subscribers numbers falling
by over 120,000 in the 12 months ended September
2019. Further erosion of Digicel’s operating
performance is not out of the question given the need
for capital investment to stay competitive but the lack
of access to
funding for capital projects, optimization, and
improvement by examining the processes and
strategies that drive Digicel's decision-making
machinery.
Background
Digicel was established by The Irish entrepreneur,
Denis O’Brien Digicel .It was first launched in
Jamaica in 2001 when Jamaica had opened its phone
market for competition with its biggest competitor
Flow. Digicel began its operations as a
telecommunication company before branching out to
home entertainment which is now recognized as
Digicel Play. After its commercial launch in Jamaica,
Digicel expanded through the Caribbean in places
such as St. Lucia, St. Vincent, Grenada, and Barbados.
Digicel provides innovative technology to enrich our
customer's mobile, home, and business experiences
with an unmatched network and services and is active
locally throughout the Caribbean.
Mission Statement
“Working through the sharing of information,
expertise and coordinating efforts to facilitate the
provision of quality telecommunications services for
regional, economic, social and cultural development
for the Caribbean.”
Body
Market Segmentation
Digicel's customer base is divided into two primary
categories: personal and business. Additionally, users
can be further classified as prepaid or postpaid. Prepay
customers pay for their services in advance using
credit vouchers or top-ups. This group currently
makes up the largest portion of the customer base,
accounting for 69% of the St. Lucian mobile market,
while postpaid customers pay their bills at the end of
each month(Unknown, n.d.).
Digicel strengths, weaknesses, opportunities, and
threats.
DIGICEL SWOT ANALYSIS by
(Prezi, n.d.)
Strengths
Technology
➢ Fiber optic cables in their services such as
internet connections.
Duopoly
➢ One competitor
➢ Strong control of price setting
Services
➢ Data plans
➢ Call rates
Weaknesses
➢ Sales
➢ Financial structure
Opportunities
New technological advancements
➢ Fiber optics
Expansions
➢ Landline services
Threats
Intense competition
➢ Bmobile
➢ Advertising Wars
Intel Competition
➢ Price knowledge from competitors
➢ Similar prices between both companies
Digicel is governed by the board of directors and its
three committees -the Audit, Remuneration, and
Nomination committees-as well as the Board of
Directors who oversee the Digicel Group(Investor
Relations | Our Team, n.d.).
The newly appointed CEO of Digicel Jamaica Stephen
Murad 2023-2024, throughout the years he found time
to give back to the community by serving as a very
active member of the Digicel Jamaica Foundation
board. Stephen Murad, a longtime Digicel leader, has
taken over as CEO of Digicel Jamaica. Murad has
been with the Digicel family in the Caribbean for
eight years, having held several senior commercial
roles for the Group based in Jamaica and has held
CEO roles for Digicel at the regional level, in the
Turks & Caicos Islands, and most recently in Bermuda
(Scott, 2023).
Digicel’s mission, goals, and values play a huge role
in growing the company to further success. In
addition, they provide good customer service and fiber
fast internet to users locally, creating a good
relationship between the company and the different
Caribbean countries.
Strategic Planning
In order to accomplish their mission, The Ceo uses the
Strategic Planning Technique.
Strategic planning is a process through which business
managers map out their vision for their organization’s
growth and how they’re going to get there. This
planning process informs your
organization’s decisions, growth, and goals. Planning
is important in a business firm because it helps to keep
a business on track for both short term and long term
goals.
The use of strategic planning allows the company
Digicel to concentrate its resources on optimal
opportunities with the goals of increasing sales,
driving revenue, profit, service levels, achieving a
sustainable competitive advantage and maintaining its
position as market leader. The marketing strategy
seeks to create customer awareness regarding the
products and services that they offer, develop the
customer base, and work toward building customer
loyalty and referrals.
The strategic planning process involves 6
steps;
1. State organizational objectives
2. list alternative ways to achieve the
objective
3. develop premises upon which each
alternative is based
4. choose the best alternative for
reaching objectives
5. Develop plans to pursue chosen
alternatives
6. Put the plans into action.
In a letter written to many public and private sector
stakeholders on Wednesday afternoon, Digicel
Jamaica CEO Stephen Murad reassured customers
about the company's health in light of
recent developments affecting its parent. Murad states
that practically speaking, nothing will change on a
day-to-day basis and that Digicel employees will
continue to be employed and
receive their salaries and benefits as usual(Campbell,
2023).Stephen Murad’s leadership style is fun yet
empowering and influential with a goal-driven attitude
toward the company.
However,by keeping the same implementations of the
past CEO Kayumov, Scott (2023) November 2020,
this can make the working environment likely to not
develop and remain static because a company needs to
be up to date with the new trends and technology for
the success of the business.
The Business Environment
Mobile private networks are networks that offer speed,
privacy, and connectivity for people, machines,
objects, interests of things, and clever solutions in
particular locations. Mobile private networks enable
us to detect events in microseconds and trigger alerts.
They also enhance and improve efficiency within
these locations to increase productivity and safety, and
allow users to perform daily tasks in an unhindered
network environment. This creates an environment
where speed is not just important, but critical to
operations and potentially even life-saving(Digicel
Business - Brochure 2023, 2023). Digicel aims to
cultivate the working environment with respect to
diversity creating a safe, accepting, and healthy
environment for all.
Corporate Social Responsibility &
Ethical Practices
Digicel’s incredibly diligent, hardworking
management team constantly finds amazing ideas to
give back to the community. Partnerships are an
effective way to address pressing development needs
and are especially important in developing nations
with limited resources.
Government, business, and non-governmental
organizations are increasingly collaborating to identify
and develop appropriate solutions for significant
social and infrastructure challenges. The communities
and citizens are taking control of their development
needs thanks to these alliances.
The accomplishments of the Digicel Foundation over
the last five years are a testament to the outstanding
collaborations they have built with individuals,
groups, and communities throughout Jamaica, each of
whom contributes unique concepts, abilities, and
resources to the initiatives(Digicel Foundation, n.d).
Creating good ethical practices by being open-minded
and honest to their peers while also abiding by the
rules and regulations of the government.
This practice of approach corresponds to the Scientific
management approach and the Behavioral approach in
management by taking into consideration how each
individual's emotions and ideas of employees, by