Short version_Insights-from-the-effects-of-business-strategies-on-growth-of-market-share-in-the-telecommunications-industry-in-kenya-a-case-study-of-telkom-kenya-2024-3-2-23-10-56.pdf
Purpose:To analyze the business strategies of Telkom Kenya Limited and how this hashelped the company gain market share. Methodology:The study adopted a descriptive research design. Findings:The results from the study show that the effects of strategies to gain market share have been successful. Strategies such as culture change, retrenchment, product differentiation, product modification, and aggressive marketing campaigns have had a major impact on the market share of the company. Further results show that the strategies at Telkom Kenya positively affect the company profits.Unique contribution to theory, practice and policy:The findings of this study will benefit a number of interest groups. Foremost, the management of Telkom Kenya Limited as a reference point will benefit from the research and recommendations on areas to improveon.Secondly, the study will benefit managers of other firms who can learn from the TKL case. For academicians, my research will contribute to the general body of knowledge and form a basis for further research on the effects of business strategies on any given industry. Investors, shareholders, suppliers and the general taxpaying public can also gain insight on the company and its strategic position within the mobile industry which can assist them in determining the viability of their investments.Finally, the government can also use the results to monitor how the industry is performing and help it formulate policies and mechanisms that will assist in expanding it in order to improve revenue collections in terms of taxes.
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Short version_Insights-from-the-effects-of-business-strategies-on-growth-of-market-share-in-the-telecommunications-industry-in-kenya-a-case-study-of-telkom-kenya-2024-3-2-23-10-56.pdf
2. Challenges andVolatility
Political Uncertainties
The telecommunications industry in Kenya is affected by
political uncertainties, which can impact market
conditions and regulatory frameworks.
TechnologicalAdvancements
Rapid technological advancements present both
opportunities and challenges for telecommunications
companies, requiring continuous innovation and
adaptation.
Stiff Competition
The telecommunications industry in Kenya is highly
competitive, with multiple players vying for market share.
Telkom Kenya faces intense competition from other
major telecom companies.
Changing Consumer Preferences
Consumer preferences in the telecommunications
industry are constantly evolving, driven by factors such
as affordability, quality of service, and emerging
technologies.Telkom Kenya must adapt to meet
changing consumer demands.
3. Historical Context
Telkom Kenya's Monopoly
Telkom Kenya once enjoyed a monopoly in various
segments of the telecommunications industry in Kenya.
Intensified Competition
With the entry of Safaricom and other players,Telkom
Kenya faced intensified competition.
Need for Evolution
Despite its historical advantage,Telkom Kenya needed
to evolve its strategies to maintain relevance and
competitiveness.
4. Strategyand Market Share
Culture Change
Telkom Kenya
implemented a culture
change strategy to
transform its
organizational culture
and align it with the
company's strategic
objectives.This shift in
culture has contributed
to improved employee
morale and productivity,
resulting in increased
market share.
Retrenchment
Telkom Kenya undertook
a retrenchment strategy
to optimize its workforce
and reduce costs.This
strategic move allowed
the company to
streamline its operations,
improve efficiency, and
allocate resources more
effectively, ultimately
leading to an expansion
in market share.
Product Differentiation
Telkom Kenya
implemented a product
differentiation strategy to
offer unique and
innovative
telecommunications
solutions to its
customers. By providing
value-added services and
customized offerings, the
company has been able
to attract new customers
and increase its market
share.
Aggressive Marketing
Campaigns
Telkom Kenya launched
aggressive marketing
campaigns to promote its
products and services,
increase brand
awareness, and capture a
larger market share.
These campaigns have
effectively positioned the
company as a leading
telecommunications
provider, resulting in
significant market share
growth.
5. Internal and External Factors
The case study on Telkom Kenya Limited (TKL) identified several internal and external factors that have influenced the
company's market share in the telecommunications industry in Kenya.These factors include organizational culture,
leadership challenges, technological advancements, competition, and regulatory dynamics.
FactorsAffecting Market Share
FactorsAffecting Market Share
6. Impact on Profits andTurnover
Strategic Initiatives
Retrenchment: Telkom Kenya's retrenchment
strategy resulted in cost savings and increased
operational efficiency, leading to higher profits and
turnover.
Strategic Alliances: Collaborating with other
companies in the telecommunications industry
allowed Telkom Kenya to expand its customer base
and diversify its services, resulting in increased
profits and turnover.
•
•
7. Recommendations
Long-term Strategic
Plans
Developing long-term
strategic plans will
provide Telkom Kenya
with a clear roadmap for
growth and help align the
organization's efforts
towards achieving its
goals.
Technology and Human
Resources
To stay competitive,
Telkom Kenya must invest
in technology and human
resources.This will
improve solutions and
customer experiences.
Exploring New Markets
To grow and diversify,
Telkom Kenya can
explore new markets,
identify opportunities,
and meet different
market demands for more
revenue streams and
increased market share.
Advocating for Policy
Support
Telkom Kenya needs
policy support to foster
growth. Engaging with
policymakers and
advocating for favorable
regulations can drive
industry development.
Conclusion
Telkom Kenya's journey underscores the importance of strategic agility and innovation in navigating the complexities of
the telecommunications industry. By embracing adaptive strategies and investing in technology and human capital,
Telkom Kenya can position itself for sustained growth and competitiveness in the dynamic Kenyan market.
8. Andrew Ndambuki Bio
Andrew Ndambuki, a seasoned Sales Director for Strategic Sales, brings over 18
years of invaluable expertise in Business Development,Account Management, and
sales, particularly within the telecommunications sector. With a profound
understanding of Wholesale Voice and Data Business in Africa,Andrew has
consistently demonstrated his ability to drive revenue growth and forge lasting
partnerships.
His journey in the telecommunications industry is not only defined by his
professional achievements but also by his unwavering commitment to excellence
and innovation.Andrew's strategic vision and hands-on approach have played a
pivotal role in shaping the success of numerous initiatives and ventures throughout
his career.
Beyond his corporate endeavors,Andrew is a published author, showcasing his
passion for knowledge sharing and thought leadership within his field. His
contributions to industry literature reflect his dedication to advancing the
discourse on telecommunications and business strategy.
Outside the boardroom,Andrew is a devoted father and husband, cherishing family
values and nurturing meaningful connections in both his personal and professional
life. His multifaceted persona exemplifies a harmonious blend of professional
acumen, intellectual curiosity, and genuine human warmth.
With a track record of driving business growth, fostering innovation, and inspiring
those around him,Andrew Ndambuki continues to make significant contributions
to the telecommunications landscape while embodying the values of integrity,
resilience, and compassion in all his endeavors.