The significance of strategic planning for organizations in current highly competitive business environment is evident and systematic and strategic planning is required must for companies that aspire to become a major player in the respective industry. Strategic analysis is considered as the objective assessment and understanding the existing market condition of a company and the costs and capabilities that forms a foundation for the development of strategic process (Graham, 2008). This analysis helps in applying creativity with numerous opportunities that can be used to build and enforce a strong strategic plan in a new or existing market.
The Analysis Of Business Strategy and Objectives Of SONYAmelia Jones
Read this report to know about the foundation and development of SONY. It also explains about the business strategy and the development objects of the term.
Corporate Social Responsibility (CSR) of Sony Corporation12inch
Sony Corporation commonly referred to as Sony, is a Japanese multinational conglomerate corporation. headquartered in Kōnan Minato, Tokyo, Japan. Its diversified business is primarily focused on the electronics , game, entertainment and computing etc. The company is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is ranked 87th on the 2013 list of Fortune Global 500.
The Analysis Of Business Strategy and Objectives Of SONYAmelia Jones
Read this report to know about the foundation and development of SONY. It also explains about the business strategy and the development objects of the term.
Corporate Social Responsibility (CSR) of Sony Corporation12inch
Sony Corporation commonly referred to as Sony, is a Japanese multinational conglomerate corporation. headquartered in Kōnan Minato, Tokyo, Japan. Its diversified business is primarily focused on the electronics , game, entertainment and computing etc. The company is one of the leading manufacturers of electronic products for the consumer and professional markets. Sony is ranked 87th on the 2013 list of Fortune Global 500.
Strategic Case Analysis of Domino's PizzaAtacan Garip
In this paper, Company Information, Corporate Governance, Internal-External Environment, Strategic Factor's Analysis and Strategy Formulation for Domino's Pizza are available.
It is a descriptive presentation of Sony's marketing strategies. All you need to know about the strategies of Sony corporation is here in this small presentation.
Strategic Management project on Johnson & Johnson Shobhita Dayal
This presentation talks about the complete framework of the strategic planning of the Johnson & Johnson company. All the topics of strategic management course is been covered, in this ppt starting from SWOT, Strategic Map, External Factor Analysis, and all other major strategic tools.
Sony Corporation is a leading Japanese manufacturer of electronic devices, games and entertainment products which incurred huge amount of loss for four consecutive years. The company declared that it incurred a total loss of 6.4 billion dollars for the year end in March 2012. The company’s main weakness lies in the numerous product lines In addition to this problem, the company also faces both internal and external challenges. Thus, a SWOT analysis and Porter’s Five Forces Analysis is carried out to understand the basic strengths and weaknesses of the organization. This helped to find out the basic reason behind the poor performance of Sony Corporation. Based on the analysis, a-five year recommendation plan have been framed that consist of four basic steps. Following this plan would help the organization to improve it current position in market.
Culture is a word for the 'way of life' of groups of people, meaning the way they do things. ... Excellence of taste in the fine arts and humanities, also known as highculture. An integrated pattern of human knowledge, belief, and behavior. The outlook, attitudes, values, morals goals, and customs shared by a society.
Culture is developed within the individual as well as the outside environment
It is continually changing and dynamic
Culture is not inherited, it is learned
Strategic Case Analysis of Domino's PizzaAtacan Garip
In this paper, Company Information, Corporate Governance, Internal-External Environment, Strategic Factor's Analysis and Strategy Formulation for Domino's Pizza are available.
It is a descriptive presentation of Sony's marketing strategies. All you need to know about the strategies of Sony corporation is here in this small presentation.
Strategic Management project on Johnson & Johnson Shobhita Dayal
This presentation talks about the complete framework of the strategic planning of the Johnson & Johnson company. All the topics of strategic management course is been covered, in this ppt starting from SWOT, Strategic Map, External Factor Analysis, and all other major strategic tools.
Sony Corporation is a leading Japanese manufacturer of electronic devices, games and entertainment products which incurred huge amount of loss for four consecutive years. The company declared that it incurred a total loss of 6.4 billion dollars for the year end in March 2012. The company’s main weakness lies in the numerous product lines In addition to this problem, the company also faces both internal and external challenges. Thus, a SWOT analysis and Porter’s Five Forces Analysis is carried out to understand the basic strengths and weaknesses of the organization. This helped to find out the basic reason behind the poor performance of Sony Corporation. Based on the analysis, a-five year recommendation plan have been framed that consist of four basic steps. Following this plan would help the organization to improve it current position in market.
Culture is a word for the 'way of life' of groups of people, meaning the way they do things. ... Excellence of taste in the fine arts and humanities, also known as highculture. An integrated pattern of human knowledge, belief, and behavior. The outlook, attitudes, values, morals goals, and customs shared by a society.
Culture is developed within the individual as well as the outside environment
It is continually changing and dynamic
Culture is not inherited, it is learned
This is the PowerPoint presentation of a Marketing/Business Plan me and four of my classmates made for Sony\'s consumer electronics market for our Marketing Management class.
Today news channels are not only providing information about the company but also avails different kind of knowledge. In such context, the present research report is being framed which is emphasizing on strategic analysis of MSNBC. It is the America’s largest broadcasting organization that facilitates different type of information to the customers about several aspects. The present research report is focusing on the strategic analysis of MSNBC in which the marketing strategies of its competitors are mentioned. The company is also provided with some recommendations for the purpose of building the brand image of the company in different markets. The company has been trying to expand the business in other countries in which they are framing different marketing strategies as that will also help in getting greater market share. Based on such analysis, the report is going to use strategic options for business development.
The economic landscape of the world is changing rapidly. The nations which were once categorized as developing are now swiftly emerging with eminent powers and are posing a threat to the already existing superpowers of the world. A superpower is a nation which has both the
capacity and the capability of projecting its dictating influence and power on any place all across the planet. Another definition suggests that a nation having a leading position in the global system in addition to the ability to dominate is a superpower.
The presentation provides information regarding the mission statements of two telecommunication companies located in the United States. A comparison of the two mission statements is taking place as well as the evaluation of their mission statements.
Know how Sony Ericsson perform their Business Strategy for their organization growth. This is sample ppt for Business strategy for university students to learn basic of business and its strategy. For more PPT kindly contact us at given email:help@instantassignmenthelp.com.au or toll free number:+61 879 057 034
1 Outline for Completing the Marketing Plan Assignment .docxfelicidaddinwoodie
1
Outline for Completing the Marketing Plan Assignment
MKT501– Strategic Marketing
Use this format to plan your research and complete the SLP assignments. Your final paper in
module 4 SLP should follow this outline. Note that the letters “a, b, c…” and the numbers “i, ii,
iii, iv…” in the outline below are used to show the major issues you need to include in your
paper and you should not use these letters and numbers to organize your paper.
Cover Page (1 page)
a. Marketing plan title
b. Course title and number
c. Your name and date
d. Name of Instructor
e. Executive Summary (2 pages maximum)
f. Summary of what plan is designed to achieve
g. Summary of key elements of internal environment and external environment
analysis (only points that are relevant to understanding the action plan, only the
point, not the analysis)
h. Summary of prescribed goals and strategic approach to achieving them.
i. Summary of key actions that are outlined.
Table of Contents (as many pages as needed)
I. Product Statement (2 pages maximum)
j. Describe the company/organization
k. Provide brief background of the organization
l. Describe charge you have for this marketing plan
m. Provide a brief overview of what issue you are studying, and how a marketing
perspective can help address the issue.
II. Situation Analysis (3‐6 pages)
NOTE: only include sections which are relevant to your charge. The relevance of
each section of analysis should be clear to the reader.
a. External Environment Analysis
i. Context Analysis
Industry forces that might impact success of any actions taken
ii. Competitor Analysis
Any organization or message which may prevent any actions
taken from being successful
iii. Technological and Economical situation Analysis
iv. Political, legal and cultural Analysis
2
b. Customer Environment Analysis
i. Customer Analysis
ii. Collaborator Analysis
c. Internal Environment Analysis
i. Company Analysis
III. SWOT Analysis (3‐6 pages)
a. Strengths and Weaknesses(Internal)
i. Strengths
ii. Weaknesses
b. Opportunities and Threats (External)
i. Opportunities
ii. Threats
c. SWOT Table
IV. Issues Analysis (2 pages maximum)
a. Given your complete marketing analysis, what are the key issues which the
company/organization must understand in order to address the charge that is
being considered?
i. NOTE: This section concisely identifies the most important issues and
decisions that the organization is likely to face when trying to promote
the product in your charge
Bullet points (or numbered statements) are acceptable.
V. Goals and Objectives (2 pages maximum)
a. The goals and objectives should be stated clearly and concisely
i. (Think S.M.A.R.T.).
b. Do not “Discuss” the goals/objectives. Just present them.
i. Each goal/objective should be easily understood given your ...
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SWOTT AnalysisDevon Davis, Jasmine Richardson, Lisa Ne.docxssuserf9c51d
SWOTT Analysis
Devon Davis, Jasmine Richardson, Lisa Neathery,
Shemeko Hopkins and Thomas Brantley
BUS/475
December 4, 2017
Dr. Richard Taylor
1
5
Table of Contents
Introduction 3
SWOTT Table 4
Forces/Trends 5
Internal Strengths 5
Internal Weaknesses 5
External Opportunities 5
External Threats 5
External Trends 5
Adapting to Change 8
Supply Chain 6
Potential Issues/Opportunities 7
Conclusion 7
References 9
SWOTT Analysis
Before a company develops strategies, they must take time to assess the positive and negative factors which impact their future. The SWOTT analysis provides a method to consider the internal forces: strengths and weaknesses; and then the external forces: opportunities, threats, and trends. Internal and external audits identify the specific forces the business faces. The SWOTT table segments these forces into positive, negative, and trend buckets. The company may directly impact or influence some factors if the business adapts to change. Although many external forces are out of reach, the supply chain can be a source of significant opportunities and threats which are actionable. Once compiled, the SWOTT analysis provides a synthesized view of the organizational challenges. This framework guides decisions on which issues to mitigate and which opportunities to pursue for a competitive advantage (David & David, 2017). As an example of the process, Sony Corporation is a large organization facing many forces as shown here through a SWOTT analysis.
SWOTT Table
Internal
STRENGHTS
WEAKNESSES
Strategy
To inspire and fulfill curiosity.
Product Pricing, Products are expensive
Structures
Strong marketing analysis and experience and maintains its social networking.
Processes & Systems
The production quality is reliable.
Resources
Uses information technology to grow.
Vulnerability of databases and networks
Goals
Create new and unique cultures and experiences.
Strategic Capabilities
Strong ability to add value to their products.
Culture
Strong Positioning in Emerging Economies.
Technologies
Projected growth in the Consumer Electronics Market.
The lack of dominant mobile devices is a major weakness in Sony’s business.
Innovations
Strong customer demand for products that are innovative.
Imitability of some products
Intellectual Property
Own distribution companies, and they can manage publishing matters.
Leadership
Substantial brand identity.
External
OPPORTUNITY
THREAT
TRENDS
Legal & Regulatory
Suppliers fail to comply
Global
Foreign trade policies; political unrest
Economic
Maximize best cost country supplier sourcing; favorable foreign currency exchange;
Unfavorable foreign currency exchange
Technological
Access to supplier technical resources;
Innovation
Leverage supplier innovation
Social
Supplier social violations
Environmental
Supplier green initiatives
Supplier environmental violations
Competitive Analysis
Forces/Trends
Internal Strengths
Son ...
CONTEMPORARY BUSINESS STRATEGY - THE BIG ISSUE FOUNDATIONMaxie Tran
This report consists of three main sections that focus on analyzing and evaluating the current situation of "The Big Issue Foundation" (a non-profit organization which will be referred in short as 'TBI' in the report). Through answering the requests, the report also offers a number of suggestion for TBI' strategy that they should concern to keep promoting the value of their brand and image in the future of next 5-7 years.
Methods of analysis include the use of analytical business models as SWOT, Porter's Five Forces, McKinsey 7S to have a specific look for internal capabilities of TBI as well as apply PESTEL to assess factors affecting from the external environment. Then by using TOWS model, the report proposes some recommendation for business strategies of TBI (e.g. how to maximize the company' strengths to take advantage of their opportunities).
Results of data analyzed show that TBI can face the most with the impact from the changes of technology in the present time as also in near future, when more and more customers are moving towards the digital products. Nonetheless, the report also indicates that TBI, with their unique distribution model, accompanied by the distinct brand values, along with an excellent leadership team would have the solution even for the worst case scenario to their business. The general conclusion is that the current situation of the company has no bad sign but their financial issues need to be considered further when most the funding of TBI depends mainly from the external sources' contribution.
The report also investigates the fact that the analysis conducted has limitations. All data and information were searching from the Internet and analysis has mainly been focused on the financial statement of the business; therefore, the report may not avoid some shortcomings as well as the subjective perspectives. In addition, the most recent information in the present time has not been announced and the predictions of the TBI's business in the future are based on past performance.
Oxford Brookes ACCA applied account RAP THESIS (OBU) The Business and finan...Academic Mania
Oxford Brookes ACCA applied account RAP THESIS (OBU) The Business and financial performance of an Organization over a three years’ period .
For Oxford Brooks project help you can contact us: uniquewritinghelp@gmail.com Skype www.academicmania.com
Running Head MARKET PLAN AND MEMORANDUM .docxjeanettehully
Running Head: MARKET PLAN AND MEMORANDUM 1
MARKET PLAN AND MEMORANDUM 6
Week 1 Assignment
MEMORANDUM
To: Senior Vice President of Marketing (Professor)
From: Dennis Gamarra
CC: MKT/571
Date: 12/8/2016
RE: MARKETING ANALYSIS
Summary Analysis
In a review of the summary analysis completed by our marketing analyst, I have put together some insights from the report that will help further explain the story in detail. The information provided includes details on the significant areas of increase and decrease in revenue. It will also include trends in terms of revenue and insight that will further grow as well as any additional analysis I can provide.
Revenue Details
In looking at the year to date numbers of January – June 2015 versus January – June 2016, revenue generated during this time frame did increase the year of year. Additionally, in all three-time frames of the overall report, revenue increased, with the majority of it coming from domestic sales. These sales are the strongest in the company and average between all time tables around 87 percent of the business. This does, however, lead to a negative trend in international sales explained later in the memo. There overall are no significant drops in revenue by any specific customer class. However, there were small drops in revenue from particular clients such as Delta Appliance. Overall the company is showing average gains but could compete more and increase profits through a few suggestions found in the additional analysis.
Trends
Gross Profit is an issue with the top customers as for the Month to date figures. It has decreased significantly, with many of the top customers showing a negative gross profit percent. Though the bottom-line total profit percent is unchanged, continuous negative percentages will result in a negative effect on the bottom line. Additionally, international sales across the board are down in comparison to domestic sales as these two in all prior months averaged a close to 50-50 spilled but now are heavily leaning towards the local markets with an almost 90-10 split. The reasoning behind the change is not clearly explained by the report, but it does give provide insight as to where to make future adjustments.
Additional Analysis
It is recommended that Marketing begin to research and focus on the trends going on internationally and focus on impacting those markets. With gross profit being relatively close for either market, driving sales globally will increase sales to the company as a whole. Goals should be set in an effort to maximize the reach of the company and improve the customer base to coincide with businesses generating the most revenue for the company.
Yours Faithfully.
MARKETING PLAN: NINTENDO
History: Nintendo is most known for the creation of one of the most successful firms providing video games, the Ni ...
This assignment needs to be based on my last paper. I have put up GrazynaBroyles24
This assignment needs to be based on my last paper. I have put up my last paper below.
Learning Outcome 3: Promote the business entity’s compliance in accordance with internal and external requirements.
Key Elements
a) Internal and external compliance requirements of the business entity.
Internal compliance: quality management, health and safety, privacy, strategic and risk management, audits and reviews; reporting; and other industry-specific compliance.
External compliance: laws and regulations, external evaluations and immigration.
Range: Evidence of promoting at least one internal and external compliance requirement of the business entity is required.
Submission Requirements
HOW TO SUBMIT ASSIGNMENTS
ICL Assessment Instructions
Word Count: 1500 WORDS (+/-10%)
Report: Minimum 750 words per section
1. Discuss how you would promote internal compliance (a practical plan or policy that you would implement) within the organization you have chosen in assignment 1 (one), ONE of the following or other relevant one:
· quality management,
· health and safety,
· privacy,
· strategic and risk management,
· audits and reviews; reporting; and other industry specific compliance
30 marks
This is an example. For this assignment, we need do the table on question 1 and question 2 like this. About PB TECH.
2. Discuss how you would promote external compliance (a practical plan or policy that you would implement) within the organization you have chosen in assignment 1 (one) of the following or other relevant one:
· laws and regulations,
· external evaluations and
· immigration
30 marks
This is my last assignment.
PB Tech Business Environment
Introduction & Background of the selected organization
PB Tech is founded in 1993, it is New Zealand's largest computer and electronic technology information company and retailer. With a team of over 600 employees, including service centers nationwide, PB tech is primarily responsible for selling electronic products and repairing electronic equipment systems. Over the past 25 years, the company has built a strong and trusted brand and reputation for providing leading technology products and services to customers in the home, business and government sectors.
Question 1
1.1 3 Key internal concepts
Vision & Mission
The company is mainly established as a leading supplier of technology products for homes, the public sector, and similarly private ventures. Moreover, the vision is found to be able to count the many different companies as the customers for PB Tech. So the company wants to establish a more robust command of the market so that the large companies operating within the New Zealand market, such as the government, the large companies, and the academic institutions, as part of their customer base. The company's mission is mainly to combat the high prices through the call-up of significant computer businesses to establish a more robust interaction and create group buys. ...
Tourism can be seen as one of the key industries in world as it contributes more than 10% in global economic output along with one out of ten jobs, (WTTC, n.d). This statement of World Travel & Tourism Council indicates the importance of tourism industry in world economy. In current scenario world tourism industry is booming and so as in Britain. It is the key competitor for this industry and rated 7th in the world for number of visitors as well as their spending.
This report will provide the understanding of the environment under which this industry operates. This report includes the study of history and structure of travel and tourism, national policies about this sector and effect of changes in policies. This study also includes impacts of industry developments as well as effects of supply and demand.
Canada is known as being diverse, very progressive and multicultural. Although the Canadian, until the year of 1940s were just considered in terms of French and English language, cultural and political identities as well as to some extent also aboriginal. Ukrainian and German Canadians ethnicity were suspects at the time of First World War, as they were initially enemy states citizens. There was an issue about Anti-semitism in Quebec, Jewish Canadian were believe that Quebec Catholic Church connected Jews with liberalism, radicalism and several other objectionable values on their according (PALMER, 2012). While the United States black ex-slave refugees were tolerated, Asian or African racial minorities were usually believed “beyond the pastel” by missing a morality sense. The mood started shifting dramatically at the duration of Second World War. Nonetheless, the Japanese Canadians were jailed in war as well as their properties were also confiscated. Earlier to the Canadian Multiculturalism advent in Canada, in the context of equal acceptance of religions, races and cultures was accepted as the Canadian government official policy in the 1970s and 1980s, in the prime ministership of Pierre Elliot Trudeau (Canadian Multiculturalism Act, 2012). The government of Canada has been described the multiculturalism instigator as a philosophy, for the reason its public concentrates on social importance of immigration rights in 1960 plus its successor in 1982 the Canadian Charter of Rights and Freedom. The Canadian laws did not give much in the path of civil rights as well as it was generally a concern of courts. From the period of 1960s the Canadian has placed prominence on inclusiveness and equality for all people.
Managing Financial Principles and Techniques Assignment SampleAssignment Desk
The true knowledge of financial information in today’s competitive scenario is very important so that the companies will not only know about their financial position as well as compete with their rivals. The present business environment is changing at a very fast pace so the corporate, now, strongly feel that working on the same traditional principles would not be fruitful so there is a need to adopt newer and modern strategies to gain profits (Drury, 2009).So, the financial data provides enough information on the working conditions of the business. In this report, techniques such as capital budgeting, activity based costing, budgets, forecasting techniques are discussed which helps to increase the productivity
As the modern businesses faces pressure of competition and globalization, the roles and responsibilities of Human Resources managers has transformed completely (Storey, 1999). The long-term demand of the HR manager has increased significantly, however the global supply of talent is becoming very short. In this competitive market place for labor and product, the major challenge or gap is the problem of manpower everywhere (Deb, 2006). Now each and every organization, in order to succeed in the market is in great need to place more emphasis on human resource managers (The strategic importance of human resource development, 2004). This is because of the fact that they are playing a strategic role in this contemporary business world. In this changing global labor market conditions, HR managers along with the firms should be able to adapt their human resource practices accordingly. Here, in this research report the strategic role of Human Resource Manager for the success of the organization is being reflected by taking a case Hotel Holly House (Kapur, n.d).
With the collapse of US mortgage market due to sub-prime lending, the global financial system is completely shattered. The UK financial markets were also not able to resist to this economy fall-down. The combination of credit crunch and falling housing market resulted in a recession in the UK market (Richardson, 2011). Recession can be defined as fall in real GDP of a country. Alternatively, it can be defined as, for the two consecutive quarters, if economic growth shows negative trend; i.e. if there is a fall in the real output of the country for consecutively six months (King and Cushman, 1997).
In the recent market, there is a growth in the project management aspects. Many of the company are handling the project on the basis of the tools and the techniques of the project management. Project management is the process through which the company is able to plan the task or the activity involved in a project and can manage the resources required for every task. The time taken by every task or activity is the biggest issue that is managed by the company administration for future benefits. Due to the implementation of the project management concept, the company is able to deliver the product at the right time to the customers. The management of the resources is done in such a way that the company is able to utilize the available resources efficiently and effectively. Every task in the process of production is interconnected to each other. The delay of one activity can hamper the whole process of production. It is the major aim of the project management to provide the special quality of the product to the market at a reasonable price and at correct time. Due to the project management, it becomes easy for the management to prepare the budget of the project before the processing it.
Quantitative Data AnalysisReliability Analysis (Cronbach Alpha) Common Method...2023240532
Quantitative data Analysis
Overview
Reliability Analysis (Cronbach Alpha)
Common Method Bias (Harman Single Factor Test)
Frequency Analysis (Demographic)
Descriptive Analysis
Chatty Kathy - UNC Bootcamp Final Project Presentation - Final Version - 5.23...John Andrews
SlideShare Description for "Chatty Kathy - UNC Bootcamp Final Project Presentation"
Title: Chatty Kathy: Enhancing Physical Activity Among Older Adults
Description:
Discover how Chatty Kathy, an innovative project developed at the UNC Bootcamp, aims to tackle the challenge of low physical activity among older adults. Our AI-driven solution uses peer interaction to boost and sustain exercise levels, significantly improving health outcomes. This presentation covers our problem statement, the rationale behind Chatty Kathy, synthetic data and persona creation, model performance metrics, a visual demonstration of the project, and potential future developments. Join us for an insightful Q&A session to explore the potential of this groundbreaking project.
Project Team: Jay Requarth, Jana Avery, John Andrews, Dr. Dick Davis II, Nee Buntoum, Nam Yeongjin & Mat Nicholas
Show drafts
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Empowering the Data Analytics Ecosystem: A Laser Focus on Value
The data analytics ecosystem thrives when every component functions at its peak, unlocking the true potential of data. Here's a laser focus on key areas for an empowered ecosystem:
1. Democratize Access, Not Data:
Granular Access Controls: Provide users with self-service tools tailored to their specific needs, preventing data overload and misuse.
Data Catalogs: Implement robust data catalogs for easy discovery and understanding of available data sources.
2. Foster Collaboration with Clear Roles:
Data Mesh Architecture: Break down data silos by creating a distributed data ownership model with clear ownership and responsibilities.
Collaborative Workspaces: Utilize interactive platforms where data scientists, analysts, and domain experts can work seamlessly together.
3. Leverage Advanced Analytics Strategically:
AI-powered Automation: Automate repetitive tasks like data cleaning and feature engineering, freeing up data talent for higher-level analysis.
Right-Tool Selection: Strategically choose the most effective advanced analytics techniques (e.g., AI, ML) based on specific business problems.
4. Prioritize Data Quality with Automation:
Automated Data Validation: Implement automated data quality checks to identify and rectify errors at the source, minimizing downstream issues.
Data Lineage Tracking: Track the flow of data throughout the ecosystem, ensuring transparency and facilitating root cause analysis for errors.
5. Cultivate a Data-Driven Mindset:
Metrics-Driven Performance Management: Align KPIs and performance metrics with data-driven insights to ensure actionable decision making.
Data Storytelling Workshops: Equip stakeholders with the skills to translate complex data findings into compelling narratives that drive action.
Benefits of a Precise Ecosystem:
Sharpened Focus: Precise access and clear roles ensure everyone works with the most relevant data, maximizing efficiency.
Actionable Insights: Strategic analytics and automated quality checks lead to more reliable and actionable data insights.
Continuous Improvement: Data-driven performance management fosters a culture of learning and continuous improvement.
Sustainable Growth: Empowered by data, organizations can make informed decisions to drive sustainable growth and innovation.
By focusing on these precise actions, organizations can create an empowered data analytics ecosystem that delivers real value by driving data-driven decisions and maximizing the return on their data investment.
1. Assignment
Strategic Analysis on Sony
Type of Documents : Assignment
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STRATEGIC ANALYSIS ON SONY
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Table of Contents
Introduction...................................................................................................................................................1
Strategic Analysis .........................................................................................................................................2
External Analysis..........................................................................................................................................2
PEST Analysis...............................................................................................................................................2
PORTER’s Five Force Analysis..................................................................................................................4
Internal Analysis ..........................................................................................................................................5
Value Chain Analysis...................................................................................................................................7
Conclusion ..................................................................................................................................................10
4. 4
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Figure 1: Five Force Analysis of Sony .........................................................................................................4
Figure 2: Value Chain Analysis....................................................................................................................7
5. 5
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INTRODUCTION
The significance of strategic planning for organizations in current highly competitive business
environment is evident and systematic and strategic planning is required must for companies that
aspire to become a major player in the respective industry. Strategic analysis is considered as the
objective assessment and understanding the existing market condition of a company and the costs
and capabilities that forms a foundation for the development of strategic process (Graham, 2008). This
analysis helps in applying creativity with numerous opportunities that can be used to build and enforce a
strong strategic plan in a new or existing market. Strategic analysis begins with a vast description of
different strategic goals of an organization and its enforcement is then assessed in terms of the
company’s functional and operational abilities and the consequential competitive and financial
performance. For the accomplishment of organizational vision and missions an effective business
strategy is required to succeed. Featuring from this fact the present research report gives attention on
carrying out a strategic analysis of a firm (McDonald, 1996). In this respect an assessment would be
carried out on Sony and the various strategies adopted by this organization would be analyzed.
Strategic analysis in a business organization is one of the most important tools for enforcing a
proper planning process in the business. A strategic analysis mainly includes the SWOT analysis,
PEST analysis of company etc. These areas define the position of organization relative to the
competition and operational external and internal environment. Strategic analysis if properly implemented
a productive result could be derived by the organization in different levels of an organization. Sony is
a Japanese multinational conglomerate organization which is having it’s headquarter in Konan
Minato, Tokyo, Japan. The company is one of the leading manufacturing units of electronic goods for
professional and consumer markets (Henry, 2008). The diversified business Sony is mainly focused
towards games, entertainment, electronic and financial service sectors. This organization has been ranked
at 87th
position in electronic goods in the 2012 list of
Fortune Global 500. Sony has been rated has one of the most comprehensive entertainment firm in the
world. It is the third largest television manufacturing company and is among the worldwide top
20 semiconductor sales leaders. Numerous strategies has been adopted by Sony from time to time with
an aim to acquire a outstanding position in the international market.
Strategic Analysis
Strategic analysis is the process through which mangers make a set of choice of different strategies for the
organization that will help in to attain better performance. Strategic analysis is comprised up of a set
framework that is utilized for accomplishing out an internal and external business environment analysis of
an organization (Powell, 1995). It is mainly done to develop a beneficial strategy and assess the factors
that could affect in the functioning of a business. Strategic analysis is used for the entire firm and is
conducted from time to time and mainly puts emphasis on distinguished factors that are external to the
business and impacts on the organization. The framework mainly includes three major assessment i.e.
industrial analysis, business strategy analysis and strategic evaluation.
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External Analysis
It is defined as the technique which involves analyzing the market factors that could impact on the
organization. External analysis is designed to provide an idea to the organization in respect to the intricacy
and measures for a specific industry (Boulton, 2010). The main factors that are being analyzed in it are
political, economical, social and technological issues.
PEST Analysis
The major decision of an organization is influenced by many external environmental factors. In
order to present assistance to managers in making an effective decision PEST analysis is conducted. The
analysis for Sony is as follows;
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Threat of Market Entrants – It defines the factors that act as a barrier for the organization in new entrants.
In this industry threat from market entrants are large economies of scale and high requirement of capital to
enter into this market. None of the competitors could beat Sony in this respect because of strong brand
loyalty and various barriers through patents (Suttle, n.d).
Threats From Substitutes – The major threat for Sony in this area are due to short product life cycle and
high cost involved in research and development activities. Other factors could be lack of differentiation
in the product and introduction of all in one device in which every application could be found
(Crossan and et. al., 2011).
Bargaining Power of Buyers – It reflects on the advantage that the customers possess, in this area factors
that acts as barrier for firm are high rate of price sensitivity, large number of customers and low
switching costs.
Bargaining Power of Suppliers – It focuses on issues that act as hindrance for firm in terms of suppliers.
Sony faces low concentration of suppliers on technological products, numerous joint ventures and
in house production of high valuable components.
Degree of Rivalry – It reflects the points that are responsible for rivalry in the industry itself, in respect to
Sony Corporation the degree of rivalry it faces are due to oligopolistic market, decreasing market sales
growth, high innovation required in the industry and price competition (Sony Corp. Info, 2011).
The battle for market share across vast range of product of Sony is mainly based on continuous
launching of innovative products and changes in price. However, Sony has a major advantage over its
competitors by having the chance to achieve synergy affects across its business units like music and
films.
Internal Analysis
A strategic analysis is required to conduct to identify the strengths and weaknesses of business by
analyzing the various competencies of organization. It includes highlighting the competitive
advantage that an organization possesses and which will help in achieving profitability for
business. In this respect SWOT and Value Chain analysis of Sony would be conducted as follows;
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Ericson joint venture as it will give opportunity to perform its work actively and innovate in the tablet and
smart phone market. Sony can also enter into the health care imaging sector in a important way through a
possibility to attain 30%share in Olympus (Strategic analysis, 2010).
Threats – The organization faces stiff competition from firms like LG and Samsung which is
attaining grip with low cost products such as TV and mobile apps. Apple could also give Sony a
tough competition by bringing its all new version in TV. Sony also faces threats from online hackers
recently the play station of firm was hacked that resulted into leakage of various customer information.
Value Chain Analysis
The value chain analysis is defined as a set of framework that aids in understanding the various activities
through which a firm could attain competitive advantage over its competitors in the same market. It also
aids in creating value for shareholders and main aim of it is to provide value to customers. It is divided
into primary and supporting activities. The primary activities include factors like inbound and
outbound logistics, operations, marketing, sales and services.
The supporting functions include human resource management, firm’s structure, technology and
procurement.
Figure 2: Value Chain Analysis
(Source: The value chain, 2010).
Sony’s financial position which is a supporting activity in for the management is considered as
the major factor for future success. The credit ratings of Sony outs the organization in a long term rating
and helps to earn a recovery in the electronic segment. Sony has adopted a multidivisional firm structure
and each of its division is divided into smaller specialized units.
The organization focuses to serve its customers with a range of distinguished products; one of the chief
factors for success of this organations is its employees (Fatakia, 2012).
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It offers a range of training programs for its workforce and provides them a career building
program. In addition to this the corporation also established a Sony University in Singapore in
2000 that is especially designed to grow managers globally. In the area of technology Sony is the
beginner of Walkman, Trinitron and Camcorder. The mangers of Sony focuses on in and outbound
logistics efficiently and they chose only those suppliers who obey the laws, financially strong and are
innovative and safeguard the environment.
The organization also introduced a green procurement and implemented various policies to protect the
nature. Other than all these in order to lower down the production costs, Sony is producing in low income
nations like China, Thailand and Indonesia. The firm has programmed out bound logistics activities i.e.
efficiently managed and is distributed in all networks. Hence, Sony is recognized as one of the best known
and valuable company in the world of innovation and technology development (The value chain, 2010).
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Conclusion
By analyzing the above report it could be said that Sony has been successful in maintaining a
strong position in the market and plans to develop it in future as well. The different external and internal
analysis has shown the current market position of firm and the way through which it could build
competitive advantage in the market place. Strategic analysis aid in attaining several benefits for an
organization as it assists in maintaining a clear idea of organizational vision and where does it
seeks to go (Business Strategy Analysis, n.d). It encourages a benchmark of the firm’s current
operations strategy against the desired goals and gives priority to projects and process to most effectively
allocate resources.
Sony is a corporate brand whose identity is deeply embraced and very well established in the minds of its
customers. The brand is still healthy in-spite of drooping of some of its market share (Sony Corp. Info,
2011). The goods and services of Sony are available all around the world in nearly 200 countries and
different territories. The market of US accounts for 17.9% of the profit, UK 13.9% and others 25%, Japan
consists of its largest number of shares. Therefore, it could be said that the corporation should focus on its
core business areas as it is having range of customers in this sector and the consumer electronic market is
anticipated to grow at a rate of 7.2% yearly in order to reach into a value of $136,700 million
in 2014. The organization is exclusively positioned in large global market and maximizes the
potential seen in growth probabilities.
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References
Books, Journals and Articles
Crossan, M. M., and et. al., 2011. Strategic Analysis and Action. 8th
ed. Pearson Education Canada.
Graham, H., 2008. Marketing Strategy and Competitive Positioning. 4th
ed. Pearson Education India.
Henry, A., 2008. Understanding Strategic Management. Oxford University Press.
Kumar, R., 2010. Human Resource Management: Strategic Analysis Text and Cases. I. K.
International Pvt Ltd.
McDonald, M., 1996. Strategic marketing planning: Theory, practice and research agendas. Journal
of Marketing Management, 12(1), pp.4-27.
Simons, R., 2011. Operations Management: A Modern Approach. CRC Press.