Strategies that focus on utilizing technology to ameliorate business performance, creating new products, or restructuring current processes.
Published in Chapter:
Digital Value Innovation and Strategic Management Practices of Adyar Ananda Bhavan
Shakti Chaturvedi (REVA Business School, India), Meenakshi Verma (Symbiosis International University, India), Sonal Purohit (Chandigarh University, India), and Raghava Reddy Varaprasad (REVA University, India)
Copyright: © 2022
|Pages: 26
DOI: 10.4018/978-1-7998-1630-0.ch003
Abstract
This case focuses on the strategic management practices of Adyar Ananda Bhavan (prevalently known as A2B), a quickly developing contemporary sweet chain of Chennai in South India that is currently proclaiming a target of 900 crores turnover from 2021 onwards with 8,000 employees. The case has a close theoretical association with the famous strategic management models, for instance Michael E. Porter's model, Ansoff Matrix, Blue Ocean Strategy, Balanced Scorecard, and Resource-Based View and explains how an organization can strategically grow its business through digital value-based innovation. Contending sources of data, for example print and electronic media, have been utilized to accumulate and report raw facts and figures. The authors analyzed based on insights gained from various academicians from different universities across India, some mid-level managers from industry, and some unofficial conversations with A2B staff in Bangalore. This case is planned to be utilized in the strategic management subject for both undergraduate and postgraduate courses.