Fpt Case

FPT group is the market leader in Vietnamese training engineering science market with the turnover of 1 billion USD in 2008. To get this position, FPT has experienced considerable changes in its job schema since the foundation in 1988. It can be said that the changes in FPT are whether an ontogenesis or a revolution because FPT utilize all(prenominal) of them in its strategy. In 1988, FPT was founded as a keep company specialized in food producing with only 13 members and the contraction FPT stood for Food Processing Technology. With an entire change in 1990, FPT became the company that insisted on doing business in technology fabrication and FPT at that time meant Financing Promoting Technology. This transformation of FPT was a revolution in its strategy, which had huge impact on the business system and organizational system. In more detailed, FPT had to change all of its theory of business, which simply meant its way to make money. Besides, the structure, process and grow of the company had to renew. There were also a lot of obstacles such as psychological metro to change and culture resistance to change in revolution strategy but the creativity thinking of FPTs boards of directors justified the difficulties.

After this time, FPT applied the evolution in its development by its strategic planning perspective. In details, FPT became a join- job company in 2002 and had its holdings exchanged in the stock market in 2006. In 2007, FPT invested in real ground and finance via its subsidiaries but the main business was discipline Technology like its vision in 1990. For the business plan in the future, FPT has the strategy for e-citizen, which means that FPT will develop in Information Technology and bring benefit as well as convenience to their customers. In conclusion, evolution and revolution are two used at FPT. The revolution is applied when a unshakable has to carry out an entire change. If this change has efficiency in profit, evolution then will be used for step... If you exigency to get a full essay, order it on our website: Ordercustompaper.com

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