Assignment 2: Scanners And Xerox With The Advent Of S 079695
Assignment 2 Scanners And Xeroxwith The Advent Of Scanners And The Un
Research the issues faced by Xerox from 2000–2010 and the solutions found using the assigned readings, the Argosy University online library resources, and the Internet. Specifically review the company’s annual report at the following: Xerox Corporation. Respond to the following: Identify multiple business pressures on Xerox. Describe some of the company’s response strategies. Identify the role of IT as a contributor to the business technology pressures (for example, obsolescence). Identify the role of IT as a facilitator of Xerox’s critical response activities. Support your positions with reasons and examples based on your research. Write a 3–5-page paper in Word format. Apply APA standards to citation of sources.
Paper For Above instruction
Introduction
During the first decade of the 21st century, Xerox Corporation faced significant challenges driven largely by technological evolution, changing consumer preferences, and intense market competition. The advent of digital technologies, including scanners, mobile devices, and the increasing adoption of portable document formats (PDF), profoundly impacted the traditional copier and printing business model that Xerox once dominated. As a company historically reliant on selling hardware—particularly photocopiers and fax machines—Xerox had to adapt swiftly to maintain its relevance and profitability in a transforming landscape. This paper examines the primary business pressures Xerox encountered between 2000 and 2010, the strategic responses undertaken, and the integral role of information technology (IT) both as a driver of pressures and as a facilitator for strategic initiatives.
Business Pressures Faced by Xerox (2000–2010)
Xerox’s primary external and internal pressures during this period stemmed from rapid technological innovation, market saturation, and evolving customer needs. The decline of analog copier sales, driven by the proliferation of digital imaging and scanning technologies, directly challenged Xerox’s traditional revenue streams. Additionally, the rise of competitors offering multifunction printers (MFPs) and integrated document solutions increased market competition, reducing Xerox’s market share (West et al., 2007). Intense price competition from rivals such as Canon, Hewlett-Packard, and Ricoh further pressured profit margins.
Internal pressures included operational inefficiencies and the need for a cultural shift toward innovation and customer-centric solutions. The shift towards paperless offices placed additional pressure on Xerox’s core hardware sales, necessitating a move towards service-oriented models, such as managed document services (MDS). Moreover, organizational resistance to change and the need for substantial investments in new technologies posed internal challenges (D’Aveni & Dagnino, 2010).
Response Strategies Implemented by Xerox
To counter these pressures, Xerox adopted a multi-faceted strategy focusing on diversification into services and software, leveraging technology to offer innovative solutions, and strengthening its global presence. A key response was the development of digital multifunction devices, integrated with IT-enabled services that transitioned focus from hardware to document management solutions (Xerox Annual Report, 2010). This shift was complemented by acquisitions of software firms specializing in document management, workflow automation, and cloud-based solutions (Hitt, Ireland, & Hoskisson, 2011).
Xerox also invested heavily in research and development (R&D) and innovation in digital imaging and printing technologies to stay ahead of competitors. The company adopted a customer-centric approach, using IT to personalize services, improve customer experience, and build long-term relationships. Furthermore, Xerox expanded its service offerings, including managed print services (MPS), which provided recurring revenue streams independent of hardware sales (Goolsbee & Koepke, 2009).
Role of IT as a Contributor to Business Technology Pressures
IT played a dual role in shaping the pressures Xerox experienced. On one hand, technological advancements accelerated obsolescence within Xerox’s existing product lines. The proliferation of digital scanners, portable devices, and PDF technology reduced the demand for traditional photocopiers and fax machines, forcing Xerox to reevaluate its core product strategy (Lyytinen & King, 2004). Furthermore, the rapid pace of technological change created a dilemma of continuous obsolescence, requiring constant innovation and investment to stay relevant.
On the other hand, IT also contributed to these pressures by enabling competitors to develop and deploy advanced digital solutions rapidly. The accessibility of cloud computing, mobile technologies, and open-source software lowered barriers to entry, intensifying competition (Porter, 2008). The need for Xerox to keep pace with these technological changes demanded significant investments in IT infrastructure, R&D, and talent development.
Role of IT as a Facilitator of Critical Response Activities
Despite these pressures, IT served as a vital facilitator of Xerox’s strategic responses. The company's adoption of enterprise resource planning (ERP) systems streamlined operations and improved supply chain management. Implementing customer relationship management (CRM) platforms enabled personalized marketing and improved customer engagement. Moreover, IT-enabled service platforms facilitated the deployment of managed print and document services, generating new revenue streams and enhancing customer loyalty.
Xerox’s emphasis on digital transformation involved integrating cloud-based solutions, mobility platforms, and data analytics to optimize operations and develop innovative offerings. For example, the use of data analytics helped Xerox better understand customer usage patterns, enabling tailored solutions that improved efficiency and customer satisfaction (Bharadwaj et al., 2013). Additionally, IT infrastructure supported remote diagnostics and maintenance, decreasing downtime and increasing device reliability.
Conclusion
Between 2000 and 2010, Xerox faced a landscape characterized by rapid technological change, market competition, and shifting customer expectations. These pressures were driven significantly by advancements in IT and digital technologies that both challenged and enabled the company’s strategic responses. Xerox’s shift from reliance on hardware sales to service-based solutions, backed by robust IT-enabled platforms, exemplifies effective adaptation to a disruptive environment. The company’s ability to leverage IT as both a source of challenge and a crucial facilitator of innovation was instrumental in its survival and growth during this period, highlighting the critical role of strategic IT management in navigating industry transformations.
References
- Bharadwaj, A., El Sawy, O. A., Pavlou, P. A., & Venkatraman, N. (2013). Digital Business Strategy: Toward a Next Generation of Insights. MIS Quarterly, 37(2), 471–482.
- D’Aveni, R. A., & Dagnino, G. B. (2010). No Competition, No Growth: The Challenge of Strategic Flexibility in a Disruptive Environment. California Management Review, 52(2), 98–116.
- Goolsbee, A., & Koepke, D. (2009). The Impact of Technology on Business Models. Journal of Business Strategy, 30(2), 54–65.
- Hitt, M. A., Ireland, R. D., & Hoskisson, R. E. (2011). Strategic Management: Competitiveness and Globalization. Cengage Learning.
- Lyytinen, K., & King, J. L. (2004). The Challenges of Digital Innovation. MIS Quarterly Executive, 3(2), 57–66.
- Porter, M. E. (2008). Competition in Global Industries: A Conceptual Framework. Strategic Management Journal, 9(5), 309–331.
- West, J., et al. (2007). Digital Technologies and Change in the Office Equipment Industry: The Case of Xerox. Journal of Business and Technology, 15(4), 272–290.
- Xerox Annual Report. (2010). Xerox Corporation. Retrieved from https://www.xerox.com