H&M KEY ISSUE Research Paper Example | Topics and Well Written Essays - 1000 words

H&M KEY ISSUE - Research Paper pillowcaseThis is because maintaining this balance in the present truly competitive times translates into gaining a competitive edge over rival companies. Every successful company has its portion of problems, but success is sustained only after finding answers to those problems. H&M is no distinguishable in the sense that the organization gets its fair division of problems related to fast growth. H&Ms rate of success and growth is considered dazzling in nature. Research proves that stores like Hennes and Mauritz (H&M) have grown to fix the largest apparel retailers in the world (Caro & Martnez-de-Albeniz, 2014). Fast growth has helped H&M strike a chord with a broad range of consumers from versatile backgrounds. However on the other hand, this has also been a real source of tension for the company from a management perspective. H&M is known globally as a fast fashion giant due to fast growth which is a good thing, but also this has brought the bra nds hearty responsibility under increased scrutiny (Caro & Martnez-de-Albeniz, 2014).Fast growth also lays emphasis on accelerating the production phase. Growing fast in a safe manner without speeding up the production phase is impossible. This is why H&M has also encountered challenges in the area of getting products reach different stores in different parts of the world as soon as possible. Making lay outy in a short time is important to deliver real value to customers. But, ensuring such a thing when there are so many international stores to look after can be intelligibly daunting. This is why H&M began to invest more wisely in the department of operational agility (Caro & Martnez-de-Albeniz, 2014). Operational agility helps to ensure rapid response or QR which was missing in the way H&M operated. In the absence of QR, there are increased pressures on suppliers which readily restoration overall retailer and supply chain