Strategic Management Assignment 01
Strategic Management Assignment 01
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Introduction:
Strategic management is crucial for companies to maintain
competitiveness in an increasingly digital world. In Bangladesh,
businesses are embracing digital transformation to enhance efficiency,
customer engagement, and profitability. Grameenphone (GP) is the
leading telecommunications service provider in Bangladesh, holding a
significant share of the market since its inception in 1997 .
This paper reviews the strategic management practices of a well-known
Bangladeshi company, identifying key challenges and opportunities in
the digital era. The study focuses on Grameenphone Ltd., the largest
telecom operator in Bangladesh, which has successfully implemented
strategic initiatives to navigate the digital landscape.
The digital age has transformed business environments worldwide,
requiring companies to continuously adapt to new technologies, market
demands, and regulatory challenges. This paper explores the strategic
management practices of Grameenphone, identifying the key challenges
it faces in the digital era and the opportunities it can leverage for future
growth.
Overview of Grameenphone:
• Company Background:
• Established in 1997, a subsidiary of Telenor
Group.
• Market leader in the Bangladeshi telecom sector
with over 80 million subscribers.
• Pioneer in mobile connectivity and digital
services.
• Key Business Areas:
• Mobile voice and data services.
• Digital financial services (partnership with
bKash).
• Corporate and SME solutions.
• Competitive Position & Market Share:
• Leading operator with over 46% market share.
• Competes with Robi Axiata, Banglalink, and
Teletalk.
References: https://www.grameenphone.com/about/discover-gp/about-
grameenphone/our-story#:~:text=Grameenphone%20began%20its%20journey
%20on,with%20the%20connectivity%20of%20network.