Recommendations of Changing The Role Of Top Management: Beyond Strategy To Purpose Case Analysis

Home >> Hbr >> Changing The Role Of Top Management: Beyond Strategy To Purpose >> Recommendations

Recommendations of Changing The Role Of Top Management: Beyond Strategy To Purpose Case Study Analysis

On the basis of above internal and external analysis of the business in addition to the evaluation of different options, the business is advised to think about alternative 3. As alternative 3 would permit the business to broaden in worldwide markets with no reduction in its regional profits and any deterioration of its market position. By thinking about Alternative 3, the business might preserve its store experience and brand uniqueness. Nevertheless, it could also consider alternative 2 that might permit the company to access the marketplaces with no potential investment. The business could pursue alternative 1 which would allow the business to focus on possible worldwide markets rather than the local markets but as the company is extremely dependent on the regional markets with 90% of its shops in the United States, there fore pursuing option 1 would result in the considerable decline in business's profits. The business is advised to consider alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Changing The Role Of Top Management: Beyond Strategy To Purpose Case Help Stores

The company has a long term market position in United States which can not be produced soon in the new markets. The option would help the business to broaden in international markets along with the elimination of problems raised in its regional markets related to its variety.

Pros:

• Exploration of new worldwide markets.
• Boost in revenue from international markets.
• Elimination of issues connected to variety.
• Income diversification.
• Step towards being a strong worldwide brand.

Cons:

• Loss of comprehensive revenues from the regional markets.
• Increase in competitors.
• Differences in cultures could caused a failure of the brand especially in Asian countries.
• Low earnings at preliminary levels.
• Increase in marketing expenses to get market share.

Alternative-2: Introduction of Click and Recommendations of Changing The Role Of Top Management: Beyond Strategy To Purpose Case Solution Stores

With the increased patterns towards online shopping, the online stores like Amazon, Alibaba and so on might pose a serious risk to the market share of company. In this scenario the business could consider presenting Click and Recommendations of Changing The Role Of Top Management: Beyond Strategy To Purpose Case Help stores. These stores with a low requirement of funds to settle would enable the business to reach international markets, without ending its domestic shops.

Pros:

• Low investment
• Reducing competition danger
• Access to the world markets
• Expanding customer base
• Easy to manage
• Big Incomes
• Low Operating Costs
• Easy new market entryway

Cons:

• Threat to the marketplace position
• Removal of brand name Individuality
• Removal of the great shop experience.
• Risk of decrease in elite sales.

Alternative-3: Expansion towards International Markets Without closing Domestic Stores

Another option that the business could consider, is to broaden towards the worldwide markets without closing its domestic stores that adds to the major part of earnings of the business. The pros and cons associated with Alternative 3 are offered listed below;

Pros:

• Lowering competition hazard
• Access to the world markets
• Increasing the size of consumer base
• Big Earnings
• Expedition of new worldwide markets.
• Increase in earnings from global markets.
• Income diversity.
• Step towards being a strong global brand.

Cons:

• Extension of concerns connected to diversity.
• Distinctions in cultures might resulted in a failure of the brand especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenses to get market share.



This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.