Part One Situation Analysis A. External Analysis: Political/legal Economic Social/Cultural Demographic Technology
Part One Situation Analysis A. External Analysis: Political/legal Economic Social/Cultural Demographic Technology
Part One Situation Analysis A. External Analysis: Political/legal Economic Social/Cultural Demographic Technology
EXTERNAL ANALYSIS
Level of Analysis Time of case Industry Definition Market size Growth Market/Industry External Environment
Implications
Industry Analysis
Industry trends Industry attractiveness
Threat of substitutes
So What?
Summary: How attractive to incumbents and why and how attractive to newcomers and why?
Conclusion Is this an industry to compete in? What changes are likely to occur and how is the company positioned against these changes?
Yes but ..
Distribution Analysis.
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Channel
Competition
Power
So What?
Company
Brand
Target market
M/S
SBUs
Mkt Position
strengths/w
So what?
Indirect Competitors
Substitutes
Customer Analysis
Consumer segmentation. Segment
Variables used Segment Segment Segment
INTERNAL ANALYSIS
Organisational Health Some internal problems identified with company response to change and new ideas. Mgt skills Leadership capability Culture Innovation capacity R&D etc etc
Primary Distribution
Promotion
Positioning
Evaluation Does the current offering to current segments achieve satisfactory outcomes? Will it be sufficient for future?
Financial analysis
Implications Actions
What does it mean to organisation? What must be done to overcome or take advantage if positive?
Weakness
Opportunity
Threats
SOLUTION 2 Pros
Risks -
SOLUTION 3 Pros
Cons
Evaluation Criteria
Criteria Strat1 Strat2 Strat3
Total 100.00%
3. Financial Analysis Project estimated sales and costs for each strategy
Justify extensively
SPELL IT OUT LIKE YOU TELLING THE BOARD HOW CLEVER YOU ARE. THIS SHOULD LINK OR DRAW FROM CRITICAL PARTS OF SITUATION ANALYSIS AND SWOT,.
Implementation
What else must change to make it happen.
Contingency Plans
What if?
More
Criteria Evaluation
1. Sustainable in the long term 2. Achieve corp. objectives of sales growth and op profit growth? 3. Fit with current strengths/skills 4. Risk This approach lacks insight as criteria selection indicates an understanding of running the businesses.
Sustainable 3 LT Achieve 3 Corp ob Skills 2 Fit Risk 2 total
7. IMPLEMENTATION
Impact on Marketing Mix or future corporate strategies
8. CONTINGENCY PLANS
What happens if? Consider the threats of your swot.
10