Recommendations of Cisco Systems Inc: Collaborating On New Product Introduction Case Solution

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Recommendations of Cisco Systems Inc: Collaborating On New Product Introduction Case Study Analysis

RecommendationsOn the basis of above internal and external analysis of the business in addition to the examination of numerous alternatives, the company is recommended to consider alternative 3. As alternative 3 would enable the company to expand in worldwide markets without any reduction in its regional earnings and any deterioration of its market position. By thinking about Alternative 3, the business might preserve its shop experience and brand name uniqueness. It could also consider alternative 2 that could allow the company to access the markets without any potential financial investment. Although, the company could pursue alternative 1 which would allow the company to focus on prospective worldwide markets rather than the local markets but as the business is extremely dependent on the regional markets with 90% of its shops in the United States, there fore pursuing option 1 would lead to the considerable decline in business's income. The company is recommended to think about alternative 3.

Aletrnative-1: Expanding International Brick and Recommendations of Cisco Systems Inc: Collaborating On New Product Introduction Case Analysis Stores

International SegmentsExpansion towards worldwide markets through opening brand-new stores in other Europe and Asian countries with closing domestic stores is although a good choice for increasing the global existence of the company. The closing of domestic stores might extremely impact the earnings of the firm as above 90% of its stores are located locally and closing those shops would ultimately minimize the profits of the company. The company has a long term market position in United States which can not be created quickly in the brand-new markets. The alternative would help the business to expand in international markets in addition to the removal of problems raised in its local markets connected to its variety. The pros and Cons for Option 1 are listed below;

Pros:

• Exploration of new global markets.
• Boost in revenue from international markets.
• Removal of issues connected to variety.
• Profits diversity.
• Step towards being a strong global brand.

Cons:

• Loss of comprehensive earnings from the local markets.
• Boost in competitors.
• Distinctions in cultures might caused a failure of the brand particularly in Asian countries.
• Low earnings at preliminary levels.
• Boost in marketing expenses to acquire market share.

Alternative-2: Introduction of Click and Recommendations of Cisco Systems Inc: Collaborating On New Product Introduction Case Help Stores

Alternative 2 consists of the intro of online market places through generating an appropriate company's website. With the increased patterns towards online shopping, the online shops like Amazon, Alibaba and so on might posture an extreme danger to the market share of business. Moreover, the rivals are shifting towards click and Recommendations of Cisco Systems Inc: Collaborating On New Product Introduction Case Solution shops with Space presenting Piperline. This shift towards online markets might reduce the incomes for company. In this situation the business might consider introducing Click and Recommendations of Cisco Systems Inc: Collaborating On New Product Introduction Case Solution shops. These stores with a low requirement of funds to settle would make it possible for the business to reach worldwide markets, without ending its domestic shops. The benefits and drawbacks of option 2 are provided as follows;

Pros:

• Low financial investment
• Lowering competition threat
• Access to the world markets
• Expanding consumer base
• Easy to handle
• Large Profits
• Low Operating Costs
• Easy brand-new market entrance

Cons:

• Hazard to the market position
• Elimination of brand Individuality
• Removal of the terrific store experience.
• Risk of decrease in elite sales.

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

Another alternative that the company could think about, is to expand towards the worldwide markets without closing its domestic stores that adds to the huge part of revenues of the business. The benefits and drawbacks connected to Alternative 3 are given below;

Pros:

• Minimizing competition hazard
• Access to the world markets
• Enlarging customer base
• Large Revenues
• Expedition of brand-new international markets.
• Boost in revenue from worldwide markets.
• Revenue diversity.
• Step towards being a strong worldwide brand.

Cons:

• Continuation of issues associated with diversity.
• Distinctions in cultures might caused a failure of the brand name specifically in Asian nations.
• Low incomes at initial levels.
• Increase in marketing expenditures to acquire market share.



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