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Research in Motion: Managing Explosive Growth

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Submitted By Elaine1122
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1. Vision and Mission Statement:
Vision: To be recognized as the world’s best telecommunication and wireless devices company, by infinite the possibility of the innovation and creation to produce our product and software devices; to ensure and enhance product quality as well as to satisfy our customers’ unlimited demand in future.
Mission: Research In Motion (RIM) is a leading designer, manufacturer and marketer of innovative wireless solutions for the worldwide mobile communications market.
Through the development of integrated hardware, software and services that support multiple wireless network standards, RIM provides platforms and solutions for seamless access to time-sensitive information including email, phone, text messaging (SMS and MMS), Internet and intranet-based applications. RIM technology also enables a broad array of third party developers and manufacturers to enhance their products and services with wireless connectivity to data.
2. Environmental scanning and competitor analysis summarized in EFE and CPM matrices.
EFE Matrix Opportunities | Weights ( 0-1) | Responses (1-4) | Weighted Score | 1.Global Market | 0.2 | 3 | 0.6 | 2.Joint venture with Universities (Co-op) | 0.05 | 3 | 0.15 | 3.New employees from Waterloo | 0.05 | 4 | 0.2 | 4.Direct wireless carriers around the world | 0.1 | 3 | 0.3 | 5.Acquisition | 0.1 | 2 | 0.2 | Threats | | | | 1.Competing with other companies | 0.1 | 2 | 0.2 | 2.Local Law and regulation | 0.1 | 3 | 0.3 | 3.Local inflationary pressures | 0.1 | 3 | 0.3 | 4.The potential of China is ignored | 0.2 | 1 | 0.2 | Total | 1 | | 2.45 | The Results of EFE matrix:
From this matrix, RIM makes good responses for all the opportunities, but not enough in threats, especially the potential of China is ignored, and RIM does not prove available solution to make response.

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