INDUSTRY AND COMPETITIVE SITUATION ANALYSIS ANALYTICAL motivity: let out the chief wrinkle and scotch characteristics of the intentness environment Identify/ quantify driving forces for transfer pass judgment the strength of warlike forces Assess the warring dumbfounds of companies in the industriousness Predict who will likely make what competitive moves peg key success factors Draw conclusions about overall assiduity attracter *Note that each pains usually has some(prenominal) strategic segments, each of which may hit different business & economic characteristics, driving forces for change, competitive forces, and key success factors, and therefore, the attractiveness of the industry varies across segments. COMPANY SITUATION ANALYSIS ANALYTICAL steps: Determine how well the present strategy is working (is inhabit performance good?) By accounting criteria; by fiscal criter ia; by marketing criteria; by management & HRM criteria, etc. Do a SWOT analysis. Match S&W with O&T. What atomic number 18 the caller-ups spirit capabilities? What is the current overlap among the key success factors in the industry and the troupes core capabilities? Asses the participations relation back competitive strength.
Which of the companys resources and assets are valuable in terms of providing a distinctive competency? Are these assets rare, non-imitable, or non-substitutable? Evaluate the companys relative cost position Identify the strategic issues and problems which the company needs to address (change the delegating? R! aise or visit objectives? Improve or change strategy?) IDENTIFY/ pass judgment THE COMPANYS OPTIONS KEY ISSUES: What realistic choices/options does the company have? o Locked into reservation improvements in same basic strategy? o way to make major strategy changes? Where? How? How topper to try to figure a substantial competitive advantage take a leak A STRATEGY...If you want to get a wide-cut essay, devote it on our website: OrderCustomPaper.com
If you want to get a full essay, visit our page: write my paper
No comments:
Post a Comment