Global Strategy Intro & Walmart case setup [2 week agenda]

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Lecture Slides to accompany WalMart China Strategy Case (Discussion Questions and Logistics)

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Global Strategy Intro & Walmart case setup [2 week agenda]

  1. 1. Seminar in International Business<br />Global Strategy (A)<br />
  2. 2. Today’s Agenda<br /> Preview of Global Strategy & Course Remainder<br />MediaWhat is Strategy Intro M E Porter London 2008 [HBS Strategy].flv<br /> Strategy Primer (A)<br /> Group Listing<br /> Wal-Mart Introduction<br />
  3. 3. Preview of Final Third of Course<br />Today <br />General Strategy Lecture I <br />Wal-Mart Preview <br />What is Strategy?<br />Assignment: What is Wal-Mart’s Strategy?<br />Due Next week<br />Student Analysis of Wal-Mart Strategy<br />Wal-Mart Stores, Inc Case<br />Mini-Presentations on Wal-Mart Discussion Q’s<br />Global Strategy Lecture II<br />Two weeks: <br />Wal-Mart China, 2006 Case Analysis<br />Normal Case Discussion & Student Write-Up’s<br />
  4. 4. Strategy<br />
  5. 5. Group Finalization <br />Leave your name/number on the list at Desk<br />Choose one of X groups<br />Group 1<br />Group 2<br />Group 3…<br />
  6. 6. Wal-Mart Stores, Inc<br />Worlds Biggest Company<br />Prior to Oil Ramp-up<br />>1M employees<br />Became most profitable<br />Selling at lower margins<br />Originally Lead by Highly Charismatic Leader<br />Sam Walton<br />Looking for it’s next Growth Markets<br />To maintain its 8% YOY Earnings Growth<br />
  7. 7. Wal-Mart Stores, Inc<br />Original Case<br />Covers Firm’s Strategy and Competitive Advantage<br />Prelude to our international transferability analysis of Wal-Mart China.<br />
  8. 8. Wal-Mart Stores, Inc [HBS 9-794-024] <br />Group Mini Presentations :<br />10 Minutes Maximum<br />Group 1:<br />What are the sources of Wal-Mart’s Competitive Advantage?<br />Group 2: <br />How Sustainable are those sources of Wal-Mart’s Competitive Advantage<br />Group 3:<br />What is Wal-Mart’s unique Fit? Describe it in detail.<br />
  9. 9. Next Week<br />Global Strategy & Organization (B):<br />Required Readings: What is Strategy? M. E. Porter, Harvard Business Review, November – December, 1996.<br />Supplemental Readings: The Five Competitive Forces That Shape Strategy, M. E. Porter, Harvard Business Review January, 2008.<br />Mini Group Presentations<br />
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  12. 12. Seminar in International Business<br />Global Strategy (B)<br />
  13. 13. Today’s Agenda<br />I Analysis of Wal-Mart Strategy<br />Group 1:<br />What are the sources of Wal-Mart’s Competitive Advantage?<br />Group 2: <br />How Sustainable are those sources of Wal-Mart’s Competitive Advantage<br />Group 3:<br />What is Wal-Mart’s unique Fit? Describe it in detail.<br />Group 4:<br />What is Wal-Mart’s International Presence<br />II Global Strategy Concepts II<br />
  14. 14. Global Strategy Concepts II<br />
  15. 15. Wal-Mart Stores, Inc [HBS 9-794-024]<br />Group Mini Presentations <br />15 Minutes + 5 Minutes Q & A<br />Group 1:<br />What are the sources of Wal-Mart’s Competitive Advantage?<br />Group 2: <br />How sustainable are those sources of Wal-Mart’s Competitive Advantage<br />Group 3:<br />What is Wal-Mart’s unique Fit? Describe it in detail.<br />Group 4:<br />What is Wal-Mart’s International Presence?<br />
  16. 16. Next Week<br />Wal-Mart, China<br />CEO Interview 2007<br />Final Project Planning<br />
  17. 17. Seminar in International Business<br />Wal-Mart 2005/2007Growth & International Transferability<br />
  18. 18. Today’s Agenda<br />I Analysis of Wal-Mart China Growth Strategy<br />Group 4:<br />Can Wal-Mart build the same competitive advantage in China using its US domestic model?<br />Group 5: <br />How Transferable are Wal-Mart’s resources internationally, how would you analyze/evaluate them?<br />Group 6: <br />Should Wal-Mart Copy it’s US strategy in China? Why or Why Not?<br />II Wal-Mart Stores: “Everyday Low Prices in China”<br />Case Discussion<br />Video Interview (25 min.)<br />Written Write-Up Due (you may add hand written comments from discussion to your margin)<br />III In-Class Planning for Final Project<br />
  19. 19. “Break Out” Group Analysis<br />I Analysis of Wal-Mart Global Strategy<br />Group 1:<br />How can Wal-Mart Continue it’s 10% Y/Y Growth<br />Group 2: <br />How Transferable are Wal-Mart’s resources internationally, how would you analyze/evaluate them?<br />Group 3: <br />Should Wal-Mart Copy it’s US strategy in China? Why or Why Not?<br />Group 4: <br />Can Wal-Mart build the same competitive advantage in China using its US domestic model?<br />
  20. 20. Lee Scott, CEO<br />Wal-Mart CEO Charlie Rose David Glass Interview 56min [2007].flv<br /> Advantage<br /> Growth<br /> International<br /> Trends<br />01:30 – 26:00<br />
  21. 21. Wal-Mart, 2005 [HBS 9-705-460]<br />WalMart Stores & 2005[HBS SAV NOTES].ppt<br />
  22. 22. Change, Transformation…for Growth<br />Broaden the Reach…(into customers wallets)<br />Shoppers purchase a few things, would like to sell more things (clothes and toys and groceries and cosmetics)<br />Maintain a good Corporate Image<br />Stores that the community would like <br />Operate in a more complex world<br />Indication that the strategy is being tested<br />Back to Theory: Tradeoff’s (1) Global versus Local and (2) New Market Analysis<br />
  23. 23. Next : Final Project Presentations<br />Specific Country / Specific Product or Service<br />SWOT Framework<br />How this Country & Product Fit’s into it’s present strategy<br />30 Minutes<br />Written Summary Due the Following Week<br />Country Overview<br />Culture Briefing<br />Marketing Practices<br />Management Scene<br />Financial and Currency<br />Business Feasibility Study<br />PowerPoint's due at presentation<br />This is only a suggestion, your outline/flow may be different.<br />
  24. 24. Evaluation Criteria<br />Professor 50%<br />Class 50% <br />Total =100%<br />Basis:<br /> International Strategy Evaluation Form<br /> (available at eLearning)<br />
  25. 25. Questions????<br />Visit my office anytime….<br />M615B<br />Have a good weekend;.<br />

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