Innovative Organisations Essay Example | Topics and Well Written Essays - 2500 words - 2

Innovative Organisations - Essay Example Its global business far outstretches total sales, leading by about 74% of the total Topcon sales, as per the 2008 fiscal year annual report. Topcon produces many No. 1 products in the international market in the line of Positioning business, Eye Care business and Finetech business. Electronic Total Station in the Positioning business segment is holding the largest share in the global market for providing functionality and performance; it is cost-effective and has product range. The company’s major competitive strategy, according to the company President, Takashi Yokokura, is providing the No. 1 products worldwide quicker than its competitor companies. It has followed â€Å"TM-1† (Time to Market No. 1) business functions to minimise operational processes time to half, speed up business and set benchmarks in quality. Focus is more on increasing technological acumen and marketing functions. Operational processes in R&D, product quality and cost competiveness will be speeded up to attain the specific target of TM-1 Company. Topcon Group’s future growth depends on speeding the product in as less time taken as possible to reach market. Only by following this strategy, Topcon can boost its profit by exactly predicting market requirements and delivering products hassle-free, exceedingly satisfying its customers. In positioning business, Topcon is integrating different technologies – electronic and laser technology into its backbone technology – optical technology, thus, enlarging its business domain with machine control, image analysis and GPS technologies for high-accuracy 3D position information. Topcon has once again set standards by introducing GPT-9000A Series in Total Station. Topcon’s total station is a positioning tool that exactly marks measuring points, offering correct and graphic 3D position displays. The