Recommendations of Human Capital Development: The Harley-Davidson Way Case Help

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Recommendations of Human Capital Development: The Harley-Davidson Way Case Study Help

On the basis of above internal and external analysis of the business along with the assessment of different options, the business is recommended to think about alternative 3. As alternative 3 would permit the business to expand in global markets without any decrease in its regional revenues and any degeneration of its market position. The business might pursue alternative 1 which would enable the business to focus on potential worldwide markets rather than the regional markets however as the company is highly reliant on the regional markets with 90% of its stores in the US, there fore pursuing alternative 1 would result in the considerable decrease in company's earnings.

Aletrnative-1: Expanding International Brick and Recommendations of Human Capital Development: The Harley-Davidson Way Case Solution Stores

The business has a long term market position in US which can not be generated quickly in the brand-new markets. The choice would assist the business to expand in global markets along with the elimination of concerns raised in its regional markets related to its variety.

Pros:

• Exploration of brand-new worldwide markets.
• Increase in earnings from worldwide markets.
• Elimination of problems associated with diversity.
• Revenue diversity.
• Step towards being a strong international brand.

Cons:

• Loss of comprehensive earnings from the regional markets.
• Increase in competitors.
• Distinctions in cultures might caused a failure of the brand name especially in Asian nations.
• Low revenues at initial levels.
• Increase in marketing expenditures to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Human Capital Development: The Harley-Davidson Way Case Solution Stores

Alternative 2 consists of the introduction of online market locations through generating a proper business's site. With the increased patterns towards online shopping, the online stores like Amazon, Alibaba etc. could position a serious threat to the marketplace share of company. The rivals are shifting towards click and Recommendations of Human Capital Development: The Harley-Davidson Way Case Solution stores with Gap presenting Piperline. This shift towards online markets might minimize the incomes for company. In this circumstance the company could consider presenting Click and Recommendations of Human Capital Development: The Harley-Davidson Way Case Analysis stores. These shops with a low requirement of funds to settle would make it possible for the business to reach global markets, without ending its domestic shops. The benefits and drawbacks of alternative 2 are provided as follows;

Pros:

• Low financial investment
• Minimizing competitors danger
• Access to the world markets
• Increasing the size of customer base
• Easy to manage
• Large Revenues
• Low Operating Expense
• Easy brand-new market entryway

Cons:

• Threat to the market position
• Removal of brand name Originality
• Elimination of the terrific shop experience.
• Threat of decrease in elite sales.

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

Another option that the company might consider, is to expand towards the global markets without closing its domestic shops that adds to the huge part of incomes of the business. The advantages and disadvantages related to Alternative 3 are given below;

Pros:

• Lowering competition hazard
• Access to the world markets
• Expanding consumer base
• Big Profits
• Exploration of brand-new worldwide markets.
• Boost in revenue from worldwide markets.
• Profits diversification.
• Step towards being a strong global brand name.

Cons:

• Continuation of concerns associated with diversity.
• Differences in cultures might led to a failure of the brand name especially in Asian nations.
• Low earnings at initial levels.
• Increase in marketing expenses to acquire market share.



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