From Analysis to Strategy

Slides:



Advertisements
Similar presentations
Market Analysis Learning Unit 3.
Advertisements

Company Analysis.
Assignment Eleven Insurer Strategic Management. Strategic Management Process Strategy formulation – creating a plan Strategy implementation – putting.
Why Do a Situation Analysis
Exploring Corporate Strategy 8e, © Pearson Education The Focus of Part 1: The Strategic Position  How to analyse an organisation’s position in.
1 Pertemuan Kesepuluh Industry and Competition Analysis.
Strategic Planning Strategic planning is the managerial decision process that matches the organization’s resources and capabilities to its market opportunities.
Strategic Planning Chapter 5 Revitalizing Bermuda.
COPYRIGHT MARKETING STRATEGIES LTD. 1 “GOOD EVENING”
MANAGING PRODUCTS TOOLS FOR DECISION MAKING. BUSINESS STRATEGY MATRIX VERTICAL AXIS: TODAY’S BUSINESS STRENGTHS WITH CUSTOMERS: - SHARE OF BUSINESS -SHARE.
Marketing Planning Management 'The art of getting things done through and with people' (Kountz)
Marketing. Marketing Principles >> 1.Introduction To Marketing Definitions of marketing Implications of marketing The marketing concept The marketing.
Conducting an Industry Analysis. Seven Questions for Industry Analysis 1. What are the industry dominant economic traits? 2. What competitive forces are.
 Source of sustainable competitive advantage. ◦ Intellectual Property ( Patents, brands).  No competitors can access the same intellectual property.
I. Identification of Strategy (includes but not limited to SWOT) A. Firm Situation 1. General macro environment 2. Industry and Competitive analysis 
An Approach to Case Analysis
Ms. Hanan Hayat. Environmental Scan /\ Internal Analysis External Analysis / \ Strengths Weaknesses Opportunities Threats | SWOT Matrix.
SWOT Analysis. A scan of the internal and external environment is an important part of the strategic planning process. Environmental factors internal.
(see also Chapter 13).  Sustainability is being able to endure and survive in an environment into the future.
Key Issues What is retail strategy statement
Approach to Strategy Development EXTERNAL ANALYSIS Customer Analysis Competitor Analysis Market Analysis Environment Analysis INTERNAL ANALYSIS Performance.
Strategic Planning: Making Choices in a Dynamic Environment
PharmaSim COMPETITIVE STRATEGY
The Strategy Environment Session 2 Business Strategy.
Principles and Practice of Marketing
Market-Based Management, 4th edition
P4.
FORMULATION OF STRATEGY: ANALYSING THE PRODUCT PORTFOLIO
Marketing Plan. Industry Analysis Industry Analysis Industry Analysis National/local trends National/local trends Competitor Analysis Competitor Analysis.
Introduction to Management LECTURE 17: Introduction to Management MGT
Chapter 11: Marketing. Marketing  Process for creating, communicating, delivering offerings that have value for customer.
1 Business and Marketing Strategies
Kelley Fall 2001 Marketing Management1 Questions to Structure Competitor Analysis Who are the competitors? Who are our most intense competitors? Who are.
© 2012 Pearson Education, Inc. publishing Prentice Hall. Note 25 SWOT Analysis.
Marketing Planning Ms. Smith. Good Marketing Relies on Good Plans…  Therefore, it’s critical to look at itself and its business environment.  Companies.
 Unit 6  The Internal Environment: Capability Risk Management and Strategic Planning.
Paper Three: SWOT, Target Market, Positioning MKTG 241 Due: March 8, points.
MARKETING STRATEGY Segmenting Business Markets. Competition 2  Identify competitors‘ strategies, objectives, strengths, weaknesses and reaction patterns.
“Business has only two basic functions - marketing and innovation.” - Peter Drucker.
Analysis and Tools In Which Major Markets Does The Firm Desire To Compete?
Principles and Practice of Marketing David Jobber Chapter 2 Market Planning: An Overview of Marketing.
STRATEGIC FOCUS AND COMPETITIVE ADVANTAGES. STRATEGIC PLANNING: EVALUATE THE ENVIRONMENT: SWOT ANALYSIS SWOT Analysis Assessment of Organization’s Internal.
Copyright 2000 Prentice Hall2-1 Chapter 2 Strategic Planning: Making Choices in a Dynamic Environment.
STRATEGIC MANAGEMENT ACCOUNTING The Balanced Scoreboard Companies must mobilize and deploy intangible assets to create and sustain competitive advantage.
Marketing Management 18 April 2011.
1 of 12 Defining the Organization’s Business, Mission, and Goals Business Definition (Who are we?)  scope of the organization’s operations  customers.
Marketing Principles Marketing Plan Prepared by Kathleen Porter.
Elements of a Marketing Plan situational analysis including SWOT and product life cycle establishing market objectives identifying target market developing.
Market Planning Standard 2. Situational Analysis The situation analysis is the foundation of the strategic planning process. The situation analysis includes.
P a g e | 1 Channel Strategies
4.06 ASSESS MARKETING STRATEGIES TO IMPROVE RETURN ON MARKETING INVESTMENT Monitor and evaluate performance of marketing plan.
Performance Evaluation System. A Situation Analysis A situation analysis identifies strategic options and opportunities A situation analysis involves.
MARKETING MIX. What is Marketing Mix? The marketing mix is the combination of marketing activities that an organisation engages in so as to best meet.
APPLIED MARKETING STRATEGIES Lecture 7 MGT 681. Review of Concepts Part 1.
Cover slide Project, course, team, date. Outline welcome  1 slide introducing the key sections/ information items in this presentation.
What is it, why is it important?. Objectives  Understand the importance of marketing to a business.  Understand and detail target market and the components.
Chapter 5 Entrepreneurial strategy. Learning Outcomes On completion of this chapter you will be able to: Define and explain why strategic management is.
The Marketing Strategy Process
MARKETING PROCESS OVERVIEW
6/16/2018 Marketing Plan Your Name.
Pertemuan Keduabelas Segmenting Markets.
You & your business idea Market segments & value proposition
الفصل السادس التخطيط الاستراتيجي الأنشطة التسويقية
כלי אבחון.
التخطيط الاستراتيجي الأنشطة التسويقية
Behind the Numbers Better information More current information
You & your business idea Market segments & value proposition
EXTERNAL AND INTERNAL CONTINGENCIES
Strategic Analysis.
Chapter 1: INTRODUCTION TO STRATEGIC MARKETING
Presentation transcript:

From Analysis to Strategy EXTERNAL ANALYSIS Customer Analysis Competitor Analysis Market Analysis Environment Analysis INTERNAL ANALYSIS Performance Analysis Determinants of Strategic Options Opportunities Threats Trends Uncertainties Strengths Weaknesses Problems Constraints STRATEGY IDENTIFICATION & SELECTION

Evaluating & Selecting the Market Segment

For Segment Attractiveness Size of Segment Rate of Growth Customer Needs & Satisfaction Levels Competition: Size, Positioning Profitability Key Success Factors Environmental Impact

For Competitive Position Market Share R & D Quality of products and services Customer Perception / Associations / Loyalty Customer Loyalty Relative Costing / Margins Distribution Channel Marketing Capability Financial Muscle

Target market options

Single Segment Concentration M1 M2 M3 P1 P2 P3

Selective Specialisation M1 M2 M3 P1 P2 P3

Product Specialisation M1 M2 M3 P1 P2 P3

Market Specialisation M1 M2 M3 P1 P2 P3

Full Market Coverage M1 M2 M3 P1 P2 P3

Crafting the Value Proposition MARKET NEEDS / ATTRACTIVENESS Strategic Investment Defining the TG Crafting the Value Proposition Creating the Mix to Deliver the Value Proposition Communicating the Value Proposition COMPETITORS STRENGTHS / WEAKNESSES ORGANISATIONAL STRENGTHS / WEAKNESSES