By: Courtney Hughes Natalia Kravtsova Mario Massimino Luther Yee enTourage eDGe.

Slides:



Advertisements
Similar presentations
2 External Analysis: The Identification of Industry Opportunities and Threats.
Advertisements

TOM NICK DIEM-SANG HOVANES Team Pear’s iPad. Mission and Vision Mission  To improve computing experience to students, educators, creative professional.
Industry and Competitive Analysis
Industry Analysis - Porter's Five Forces
Competitive Advantage in the Marketplace Chapter 5.
Preview: Environmental Analysis 4 PEST Analysis 4 Industry & Market 4 Porter’s Five Forces Model 4 Generic Strategies 4 Environmental Analysis Overview.
External Analysis: The Identification of Opportunities and Threats
What Tools Are Useful in Identifying Opportunities and Threats?
Conducting a Feasibility Study and Crafting a Business Plan
Presented By:- Dharm Jeeta Singh
EVALUATING A COMPANY’S EXTERNAL ENVIRONMENT
Lecture 2 External Environment Analysis & Globalisation.
Chapter 2: Information Systems and Strategy Copyright © 2013 Pearson Education, Inc. publishing as Prentice Hall Chapter
Exploring Corporate Strategy 8e, © Pearson Education The Focus of Part 1: The Strategic Position  How to analyse an organisation’s position in.
Components of the General Environment
2 Chapter 2: External Analysis: The Identification of Industry Opportunities and Threats BA 469 Spring Term, 2005 Professor Dowling.
2 External Analysis: The Identification of Industry Opportunities and Threats.
IPad Team iPear - Group 6 Tom Doan Nicholas Gustitus Hovanes Kanbourian Diem-Sang Tran.
1 Strategic Compensation. 2 The Challenge To align the deployment of human capital with company strategy.
Seminar Pemasaran. Element’s of A Theory of Your Business What business are you in What is your desired market positioning What is your basis for differentiation.
Yum! Brands, Pizza Hut, and KFC Jeffrey A. Krug
How to Do an Industry and Competitive Analysis Dr. Stan Abraham MHR 423Spring 2010.
Chapter 2: The External Environment: Opportunities, Threats, Industry Competition and Competitor Analysis Overview: The firm’s external environment.
GENERIC COMPETITIVE STRATEGIES COST, LEADERSHIP, DIFFERENTIATION & FOCUS MMM SEM V.
BUSINESS DRIVEN TECHNOLOGY Identifying Competitive Advantages
Strategic Management Strategic management requires an understanding of: Strategic management process How to develop an overall strategy Intended targets.
Strategy Integrates STRATEGY EnvironmentFirm Determine appropriate strategies to maintain alignment between key drivers in the external environment and.
CourseSmart By: Brett Boliver, Tyler DiBella, Lynn Judge, Marilena Mitkonis and Despina Tsatsopoulos.
TEAM #5 Taylor Kucera Cassandra Pastore Nicole Coumou Kara McDonald Pavel Lubov.
McGraw-Hill/Irwin © 2006 The McGraw-Hill Companies, Inc. All rights reserved. 2-1 BUSINESS DRIVEN TECHNOLOGY Chapter Two: Identifying Competitive Advantages.
Copyright © 2012 Pearson Canada Inc. 0 Chapter 4 Exploring the External Environment: Macro and Industry Dynamics.
The Strategy Environment Session 2 Business Strategy.
1 UNIT 7: STRATEGIC ANALYSIS: INDUSTRY, COMPETITORS, CUSTOMERS.
TEAM 2 : Alex Antounian Isabel Menendez Sonia Read Houachua Vue.
3. Competitive Forces Model Companies must contend with five competitive forces which you need to analyse (Figure 4-6) : 1Threat of new entrants 2Bargaining.
1-1 McGraw-Hill/Irwin ©2008 The McGraw-Hill Companies, All Rights Reserved C H A P T E R SIX Targeting Attractive Market Segments 6.
Caroline Abbott Nicolo Beccalossi Raphael Lacava Theresa Holt.
Learning Objectives To learn to identify the different types of environments that affect a firm To learn to identify the different types of environments.
Social Biz Nuts and Bolts Environment Analysis General / External / Internal.
TEAM 2 : Alex Antounian Isabel Menendez Sonia Read Houachua Vue.
Team 2: SONY eReader Alyssa Walsh Amanda Arvin Mark Leaver Xavier Ortiz Alyssa Walsh Amanda Arvin Mark Leaver Xavier Ortiz.
McGraw-Hill/Irwin Copyright © 2010 by The McGraw-Hill Companies, Inc. All rights reserved. Evaluating a Company’s External Environment.
The Entrepreneurial Process: Model of Competitive Forces Patterns of Entrepreneurship Analytical Tools.
Adriana Masnyj Raquel Flores Andrew MacDonald Christofer Russo.
Chapter 6 Analyzing the Industry and Market. Copyright © Houghton Mifflin Company. All rights reserved.6 | 2 Learning Objectives Explain the industry.
McGraw-Hill/Irwin Copyright © 2011 The McGraw-Hill Companies, All Rights Reserved. Chapters 3 & 5 Driving Forces, Porter’s 5 Forces, Generic Competitive.
Competitive Advantage The Value of Winning © 2008, James H. Biteman, DBA.
COMPETITIVE ADVANTAGE UNIT – II. EXTERNAL ENVIRONMENT Any organization before they begin the work of strategy formulations, it must scan the external.
Copyright 2003 Jack M. Kaplan Analyzing the Market, Customers, and Competition Patterns of Entrepreneurship Chapter 3.
STRATEGIC MANAGEMENT II Porter’s five forces module.
Adriana Masnyj Raquel Flores Andrew MacDonald Christofer Russo.
P3 Business Analysis. 2 A1. The need for, and purpose of, strategic business analysis A2. Environmental issues affecting the strategic position of an.
Copyright © 2014 Pearson Education Ch. 4: Feasibility Analysis & Business Plan.
Lecture # 8 & 9 Chapter 7 – Strategic Management.
Shad Valley Entrepreneurship Business Strategy This presentation contains material adapted from Hill, C. & Jones, G. (2004). Strategic Management Theory:
ANALYZING THE INDUSTRY AND MARKET
Introduction to Business Concepts
The External Environment
The Entrepreneurial Process: Model of Competitive Forces
EXTERNAL (TASK) ENVIRONMENTAL SCANNING 1
Introduction to Strategy
BUS662 SMALL BUSINESS CONCEPTUAL ISSUES. Learning Outcome: To conduct environmental analysis and thereby analyse requirements of a strategic Chapter 3:
Industry and Competitor Analysis
Caroline Abbott Nicolo Beccalossi Raphael Lacava Theresa Holt.
The External Environment
McGraw-Hill/Irwin Copyright © 2009 by The McGraw-Hill Companies, Inc. All rights reserved.
Industry and Competitor Analysis
Strategic Management B O S.
STRATEGIC ANALYIS OF BUSINESS
What affects our business from the outside?
Presentation transcript:

By: Courtney Hughes Natalia Kravtsova Mario Massimino Luther Yee enTourage eDGe

enTourage Manufacturer of the world’s first dualbook Established 2008 Specialize in consumer electronics Operating with 25 employees ◦ Asghar Mostafa – President and CEO Privately held company

the eDGe The eDGe is the main product of enTourage Dual book combining an eReader and tablet Features Android tablet eReader Technology integrated (USB, SD) Integrated screens WiFi, , audio/video recorder, Color choice Price: ◦ eDGe - $ ◦ Pocket eDGe - $349.00

Mission and Vision To evolve methods of traditional learning and increase the use of eReaders To assist students reach their highest potential through improved technologies

Strategy and Winning Maintain significant and stable growth in the eReader market Winning Methods:  Create new market segment  Attractive product at affordable price  Targeted marketing with increased endeavors  Hybrid Disruption Strategy  Create new value curve Markets of Focus: ◦ Educational ◦ Professional ◦ Mass

Opportunities and Risks Opportunities:  Technology  Expanding market - eReaders and tablets  eBooks marketplace - Cost advantage to company and consumers  Google powered OS  Consumer awareness/Marketing Risks:  Limited brand recognition and trust  Economic instability  Competitor position in market  Large variety of similar products  Design and operating system improvement

VRINE Values: high  Cost, Convenience, Capabilities (features) Rarity: high  Dual book and features Inimitability: mid-range  New and advanced technologies Non-substitutability: low  Competitors with similar and comparable products Exploitability: mid-range  Market importance and convenience  Target both students and professionals

PESTEL Political:  Increased investment in industry  Industry incentives Economic:  Decrease in consumer confidence  Consumers less inclined to purchase Sociocultural:  Targeted market  teenagers, students, & young adults  Significant portion of market spending Technological:  Continuously growing and advancing  Increased focus in industry  Resources given for technology upgrade Environmental:  Increased guidelines and regulations  Eco-friendly products demand Legal:  Regulations and laws  Piracy, copyright, and trademark

Five Forces and Compliments Five Forces Rivalry:3.70 Power of Suppliers: 2.75 Power of Buyers: 3.90 Threat of Substitutes: 3.80 Threat of Entrants: 3.50 Compliments  Case  screen protectors  head phones  SIM cards  Bluetooth headsets  Android and eBook marketplace

Strategic Positioning Focused Differentiation Economic logic: Higher prices but desired product Scope of Arenas: Niche marketing

Industry Profit Pool

eDGe Profit Pool

Value Curve User Friendly Size/Weight Cute/Appeal Capabilities Energy Efficient Cost

Balanced Scorecard

Balanced Scorecard Continued