Evaluating the Company’s Internal Situation

Slides:



Advertisements
Similar presentations
Company Analysis.
Advertisements

Analyzing a Company’s Resources and Competitive Position
EVALUATING A COMPANY’S RESOURCES, CAPABILITIES, AND COMPETITIVENESS
Student Version.
McGraw-Hill/Irwin Copyright © 2011 The McGraw-Hill Companies, All Rights Reserved. Chapter 4 Internal Situation Analysis: Evaluating a Company’s Resources,
Why Do a Situation Analysis
Unit 5 Strategy Discussion Outline
What are the industry’s business and economic traits?
Presented By:- Dharm Jeeta Singh
COMPETITIVE STRATEGY - Dolly Dhamodiwala.
EVALUATING A COMPANY’S EXTERNAL ENVIRONMENT
Industry and Competitive Analysis
CHAPTER 5 Internal Analysis.
Topic 3 Internal Analysis
Chapter 4 Internal Analysis: Distinctive Competencies, Competitive Advantage, and Profitability.
AMERICAN UNIVERSITY OF BEIRUT
Conducting an Industry Analysis. Seven Questions for Industry Analysis 1. What are the industry dominant economic traits? 2. What competitive forces are.
I. Identification of Strategy (includes but not limited to SWOT) A. Firm Situation 1. General macro environment 2. Industry and Competitive analysis 
STRATEGIC MANAGEMENT. The Dynamics of Strategic Planning Strategy Strategy –large-scale action plan that sets the direction for an organization Strategic.
Presentation and Discussion
Strategic Planning: Making Choices in a Dynamic Environment
Essentials of Health Care Marketing 2nd Ed. Eric Berkowitz
SWOT ANALYSIS.
LMU Graduate School MBAH 673—New Product Design Spring 2014 Customer Needs Analysis & Multiple Strategic Demand Matrix.
The Internal Environment: Understanding how a Firm’s Resources and Capabilities Lead to a Competitive Advantage Agenda Resource-based View of Strategy.
University of Cagliari, Faculty of Economics, Business Strategy and Policy A course within the II level degree in Managerial Economics year II,
Introduction to Management LECTURE 17: Introduction to Management MGT
Situational Analysis SWOT Analysis.
Lecture No: 11 ENTREPRENEURSHIP Malik Jawad Saboor Resource Person:
Copyright © 2009 South-Western, a part of Cengage Learning All rights reserved. Power Point Presentation by Dr. Leslie A. Korb Georgian Court University.
4-1 Analyzing a Company’s Resources and Competitive Position 44 Chapter Screen graphics created by: Jana F. Kuzmicki, Ph.D. Troy State University-Florida.
The Situation Analysis - SWOT Anthony Santella Tulane University School of Public Health.
Internal Scanning Organizational Analysis
SWOT Understanding SWOT Analysis. What’s Coming Up What is SWOT SWOT Overview Strengths Weaknesses Opportunities Threats.
STRATEGIC FOCUS AND COMPETITIVE ADVANTAGES. STRATEGIC PLANNING: EVALUATE THE ENVIRONMENT: SWOT ANALYSIS SWOT Analysis Assessment of Organization’s Internal.
4-1 Week 3 – Introduction to Management. 4-2 Topics Planning Process Planning Steps Levels of Planning Strategic Planning Strategic Planning Process.
Copyright 2000 Prentice Hall2-1 Chapter 2 Strategic Planning: Making Choices in a Dynamic Environment.
Strategic Management.
STRATEGIC MANAGEMENT ACCOUNTING The Balanced Scoreboard Companies must mobilize and deploy intangible assets to create and sustain competitive advantage.
McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Evaluating a Company’s External Environment.
Strategic Management Session : 8.
McGraw-Hill/Irwin Copyright © 2011 The McGraw-Hill Companies, All Rights Reserved. Driving Forces, Porter’s 5 Forces, Market Positioning Maps, and SWOT.
The Marketing Environment and Competitor Analysis
1-1 Chapter 5 Analyzing a Company’s Competitive Strength and Cost Structure McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights.
THE EXTERNAL ENVIRONMENT Chapter 2. The Organization Owners & Directors Managers Employees The Task Environment Gov’t agencies Competitors Unions Suppliers.
Strategic Marketing, 3rd edition
Lim Sei cK.  SWOT analysis is a method for analyzing a business, its resources, and its environment.
STRATEGIC MANAGEMENT II Porter’s five forces module.
Performance Evaluation System. A Situation Analysis A situation analysis identifies strategic options and opportunities A situation analysis involves.
INTERNAL ANALYSIS  How can we assess the resource capabilities? –Resource Based View  Each firm has three basic kinds of resources  Tangible assets.
Chapter 4: Evaluating a Company’s Resources, Capabilities, and Competitiveness TEAM 5 Jamie Bowlin, Christopher Williams, Kristine Kauneckas, & Kristen.
Internal Analysis Evaluating a Company’s Resources and Competitive Position Pages
Strategic Marketing, 3rd edition
3 Analyzing a Company’s External Environment Chapter
Evaluating a Company’s Resources and Competitive Position
Creating Business Advantage with IT
The external environment
Analyzing internal environment (internal capabilities, resources)
What Is Strategic Management?
Situational Analysis SWOT Analysis.
The external environment
Define strategic management and explain why it’s important
CHAPTER-9 Strategic Management
Strategic Management Chapter 8
Internal Analysis Evaluating a Company’s Resources and Competitive Position Pages
Principles of Management Learning Session # 26 Dr. A. Rashid Kausar.
Analyzing internal environment (internal capabilities, resources)
Chapter 8 – Strategic Management
GENERAL FRAMEWORK FOR INTERNAL ANALYSIS
What affects our business from the outside?
Presentation transcript:

Evaluating the Company’s Internal Situation Is the Firm’s Strategy Working? Improving financial condition / profitability Revenue growth, stock price, earnings improvement Improving market standing Customer retention, customer growth, process improvement Financial analysis – Example: Costco – 2013 Company A’s financials? SWOT analysis Value chain analysis Benchmarking Competitive strength analysis

Typical Resource Strengths / Capabilities : Competence, Core Competence, Distinctive Competence Skills, expertise ex: product innovation, customer service, etc. Physical assets Natural resources, facilities, etc. Human assets Highly motivated workers, effective groups, etc. Organizational assets Proprietary technology, distribution network, etc. Intangible assets Brand name, goodwill, etc. Competitive advantage Leading market share, product line breadth, R&D leader, etc. Alliances / partnerships

Assessing How Competitive (Essential) the Resource is Does it have competitive value? Does it help to win customers from rivals? Do rivals have it also? It may be necessary to survive but will not win. Can it be easily copied? Competitive value is increased when resource is rare Are rival resources more competitive? Can they make it the same quality for lower cost?

Typical Resource / Capability Weaknesses Resources not developed Resources do not match industry KSFs Strategy not clear Performance shortfalls – financial, market, etc. Weak brand / reputation

Typical Opportunities Rivals’ missteps / mistakes Increasing product demand New demographic trends Unserved / underserved geographic markets New / developing product lines New technologies Potential organizations with needed expertise alliances / partnerships integration (backward, forward) – aquire, merge

Typical External Threats Intense rivalry Slowing / shrinking market growth Pressure from all five industry forces Adverse demographic changes / trends Dynamic regulatory / political environment

The Customer Value Proposition: Value Chain Analysis Nike Value Chain Analysis