MEMORANDUM TO: Shelby Givens (General Manager, Westlake Bowling Lanes - here onwards "WBL") FROM: Kumar Gaurav (Candidate # 75745133, UBC) SUBJECT: Recommendation towards business planning for WBL DATE: 2nd September 2013 Key Issues: Shelby Givens, G.M of WBL could not get the business on track to repay the funds the board had loaned it 16 months before. In Jan 2010, the business profited for the 1st time in two years. But, now she wants to decide on a future direction for the business, so
Porter’s five forces analysis of the Personal Computer (PC) industry In his article “The five competitive forces that shape strategy“, Michael Porter (2008) updates and extends his “five forces” framework he first introduced in 1979 and which has influenced the academic and business research for decades. He reaffirms that “THREAT OF ENTRY”, “THE POWER OF SUPPLIERS”, “THE POWER OF BUYERS”, THE THREAT OF SUBSTITUTES”, and “RIVALRY AMONG EXISTING COMPETITORS” are the forces that shape every
1.0 Literature Review 1.1 The research based view 1.2 Porter’s five forces framework In 1980, Michael E. Porter wrote the book “Competitive Strategy: Techniques for Analyzing Industries and Competitors”. The book proposed an analytical framework for understanding the effects of the business environment on the performance of firms within an industry. Porter’s model for assessing the business environment was a significant contribution to the field of industrial economy and is still considered a powerful
In this article on Industry Analysis, it explored the economics of the firm’s relationship with its upstream and downstream trading partners as well as with its competitors. The article highlights the Industry Analysis framework by using Michael Porter’s Five Forces and Brandenberger and Nalebuff’s Value Net, provide a structure that “enables us to systematically work through these wide-ranging and often complex economic issues.” Therefore, it is in the student’s ability to understand all these important
hospitality industry. The contributions made by the firm donate towards the performance and achievement of the company. The purpose of this paper is to analyse the strategies of the hotel, which serves as the basis of success. This paper is divided into five different tasks each of which is focusing on various aspects of the hotels performance. The organisation that is selected in order to answer the tasks is InterContinental Hotel Group. Different models and strategies are used for analysing external
In this discussion be careful to explain what you mean with “sustainable competitive advantage” and how it relates to Barney (1991) and Porter (1996). Thus you should either defend or critique the views on competitive advantage offered by Porter and/or Barney in relation to the Aldi case. Note that you only have 1000 words at your disposal. Note also that there is no need to summarise the papers or the case (you can assume the reader is
This is a case analysis of Wal-Mart, the largest retailer in Mexico and North America. Wal-Mart controls a large portion of the markets in which its products are sold, enabling Wal-Mart to maintain its core value of delivering low prices through eliminating the bargaining power of suppliers and buyers, developing innovative technology to maintain competitive advantage, and thus creating incredibly high barriers for new entrants. Wal-Mart’s core value - delivering low prices - has proved successful
Introduction The porter forces model was first developed in 1979 by Michael .F. Porter of the Harvard as structure for assessing and evaluating the competitive position and power of an organization, the model is grounded on the concept that there are five forces which ascertain the competitive intensity of the market (Porter, 2008). Figure 1.1 shows a diagram of the five forces model, (Flesicher, 2007) Porter’s five forces model is quite useful and it provides a number of benefits , its most
Introduction 4 Current Strategic Position 4 Figure One: Financial Analysis for Harvey Norman 5 External Factors 6 PESTLE Analysis 6 Economic Forces 6 Technological Forces 6 Political-Legal Forces 6 Ecological/Environmental forces 7 Socio-cultural forces 7 Porters Five Forces 7 Figure Two: Porters Five Forces 7 Figure Three: External Factor Analysis Summary 8 Internal Analysis 8 Figure Four: Internal Factor Analysis Summary 9 Recommendations 10 Conclusion 11
health club companies and Singapore as the chosen country. The purpose of this report is to provide the PESTLE analysis on Singapore along with the Porter’s 5 forces analysis on fitness industry in the country, to understand how the company entered the industry’s market. The structure of this report will be as following; company background, country background, PESTLE analysis, Porter’s five forces, strategic recommendations, and the conclusion. COMPANY BACKGROUND Fitness First was born in 1993 in Bournemouth