Universal
Group Inc. is a consulting firm that
specializes in formulating e-business strategies and
the management of technology to improve organizations
and operations. We bring together business experience
and technology skills in analyzing a client’s
business operations and objectives and propose well
thought out strategies hinged on technologies.
Create
Opportunities
Entrepreneurs
are faced with new competitive challenges brought about
by the current economic conditions and the changing
consumer landscape. Traditional markets have merged
with, or completely given way to, the “new economy”.
This emerging order created a need for some traditional
companies to take a look again at their marketing strategies
and introduce the Internet in their business models.
Rather than an obstacle, the Net became a company’s
other channel for direct selling to customers.
A
client who began his organic soap business as a small
backyard operation was able to establish a distribution
network in Johannesburg, Kuala Lumpur, Seoul, and several
other countries. Another cosmetic manufacturer makes
$2,000 a week selling products on-line. These successes
came from a well-formulated strategy to integrate the
Internet as an integral part of their businesses. From
their successful experiences in merging business and
technology, our consultants are able to unlock these
opportunities for your company.
Click
here to know what we can do to help you create business
opportunities on the Internet. (when clicked, the page
will go to What we do page.)
Maximize
Resources
“Doing
more with less” has become more important an adage
in today’s business environment. Economic conditions,
stiffer competition, and rising costs of operations
are making businesses take a look at their expenditures
and current practices. With its unique global network
capability, the Internet infrastructure has provided
entrepreneurs with more cost-effective alternatives
that eliminate inefficient or cost-laden processes.
Foremost
use of the Internet realized by entrepreneurs is the
e-mail. Instantaneous, effective, and economical, e-mailing
is an instant hit in business operations. In today’s
networked economy, secured e-mail is a key way to drive
efficiencies and accelerate business processes. Presence
in the Internet has likewise lowered the traditional
marketing expenditures. With websites, printed materials
such as brochures and catalogues are dramatically reduced.
Customers who need more product information are pointed
to the corporate website. It is also cheaper to update
a company website instead of printing new materials
every time new products, price change or move premises
are introduced.
For
larger enterprise, electronic data interchanges (EDI)
offer major efficiency and savings. With Internet, EDI
permits thousands of companies worldwide to communicate
and process secure business transactions. Secure electronic
data transmission, especially over the Internet, allows
organizations to conduct business much more quickly
compared to paper transactions. For example, turn-around
times of business transactions are decreased when conducted
electronically. With greater efficiency and productivity,
improve business transaction processing can be translated
into savings.
Click
here to know what we can do to help you maximize the
resources of your company. (when clicked, the page will
go to What we do page.)
Develop
Innovations
The
Internet presented opportunities to create and implement
new ways of doing business. For a relatively low-entry
investment, several companies were able to integrate
the Internet as a new tactical approach to delivering
its services. Many others completely transformed their
business using the Internet in creating new values and
business models.
One
client added an innovation with its business model using
the Internet. From a largely paper-based company dependent
on local clients and local supply of talent, this personnel
recruitment firm was able to dramatically expand its
operations. Through its innovative website, the company
became the prime destination for foreign firms seeking
professionals for their executive needs. With an online
submission feature, the website was also able to build
up their pool of talents from a more expansive field.
Tech-savvy professionals were able to submit resumes
to the firm by submitting these online. Due to the specific
needs and requirements posted on their website, the
firm was able to match talents for specifically and
at a shorter timeframe.
The
need for innovation in the current business environment
is more essential now. apparent As product life cycles
shorten, competitive pressure increases, and customer
expectations continue to rise. Traditional methods of
finding and developing new business ideas have often
become less effective. Firms are discovering that their
ability to compete will depend upon their willingness
to discard a “not invented here” mentality
in favor of practices that encourage extensive networking,
collaboration, and the ability to pursue external sources
of expertise and knowledge.
The
Internet provides a unique opportunity to meet these
challenges. Open, standards-based Internet applications
allow firms to explore multiple sources of new business
ideas while providing the ability to manage innovation
in a productive, rational manner.
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