In managing company, its important to align the company with
the external forces either the general environment or the industrial
environment. In many cases the key management only look at the external
environment in general such as the economic and the customer behavior changes.
The ultimate analysis is not being done such as PESTEL (Political, Economical.
Social, Technology, Environment and Law). Later the company needs to undertake
the industrial analysis where the company is in which are the Buyers, Sellers,
Incumbents, Rivals and New Entrants. All these five forces could determine the
new way forward for any organization including the general environment forces
(Thomson 2011).
Not neglecting all these forces of the external environment,
the company needs to undertake the internal analysis, which involves the
internal resources that is its availability and capabilities. Besides that, the
value chain analysis and re-evaluate whether the strategy chosen is right or
vice versa. By not practicing right flow of the process the company would not
be able to maintain its sustainability (Thomson 2011). The company might be
lucky to make profit and survive but they are not able to grow in a right or
accurate proportion to the industrial potential growth.
Presentation Questions: Group work
Your group needs to select the company
in an industry as mentioned below (based on your group
Analyze the company and undertake
an analysis on:
a. Is
the company practicing any strategy? (Competitive and beyond competitive
level).
b. What
is the strategy adopted by the company if any. If not, propose what strategy
the company should adopt?
Each group members must present 1-2
slides and each slides is at 2 minutes.
The evaluation will be based on:
Presentations, Contents of the presentations and the flow of the presentations.
Group 1 and 2- F&B (Old Town
White Coffee, Bangsar)
Group 3 and 4 – Textile and fashion
(Modvier Boutique, Bangsar)
Group 5 and 6 – Services (UMCCED)
Group 7 and 8 - Travel and tour (De Palma Hotel Ampang Point)
Group 7 and 8 - Travel and tour (De Palma Hotel Ampang Point)
Assignment: Individual
Select a small business entity of
company in the industry given below which has been given to your group. You are needed to answer below questions in
your assignment.
What do you think on the external
forces of the given industry? What are the most critical factors and what is
the probable future trend? Explain in detail. Provide and example as a point of
reference (example of an industry and a sample company).
Group 1 and 2- F&B
Group 3 and 4 – Textile and fashion
Group 5 and 6 – Services
Group 7 and 8 - Travel and tour
Group 7 and 8 - Travel and tour
Word counts: 2,500 – 3,000
Fonts: Arial
Space between lines: 1.5
References from Journals: 5
journals (Right cross referencing must
be made)
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