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Lg Electronics Report

Autor:   •  December 7, 2012  •  Essay  •  280 Words (2 Pages)  •  1,133 Views

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Physical resources covers wide range of operational resources concerned on process of running business as well as implement new service, such as: Production facilities, Marketing facilities, and Information technology

LG provide facilities for a wide range of research and research-related activities across all programmers and strategy. LG's assets at these sites include cadres of skilled and committed nationally recruited technical and administrative staff.

LG must respond to this rapidly changing environment and to the new expectations, pressures and demands from customers, prospects, employees and partners. In developing an emerging digital strategy, CIOs and IT leaders need to understand what is possible, what is desirable and what is beneficial in order to better support their organization’s key new strategy.

LG Electronics is increasing its focus on "Smart Technology" - technology that adds convenience and joy to customers' lives. Smart Technology is a development philosophy that embraces sensitive communication with customers in order to provide products that everybody wants to use, and easily can. This customer-oriented principle has become the most important development philosophy for LG, a result of collecting customer feedback and applying it to our products.

LG can improve and evolve in order to become a major player in the electronics market. Included in those recommendations was strong advice to the board that they carry out a feasibility study into the implementation of an Enterprise System. It was recommended to LG Electronics in the context of their knowledge management and information flow and how this could lead to sustained competitive advantage. Information resource is a key of figure out where are the potential customers so that LG can prepare strategy on take care of them. Information resources can lead to sustained competitive advantage.

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