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2020 •
The field of strategy has substantially evolved over the years and firms have developed an understanding of their competitive environment to develop corporate and competitive advantages and sustain their advantage in facing competitive threats (Casadesus-Masanell & Ricart, 2009). Globalization, deregulation and other drivers are profoundly changing the competitive game and companies are constituting their business models and redefining strategy to meet contemporary demands. Wal-Mart Stores, Inc (referred to as Walmart henceforth) is a wholesale/retail business that operates through: Walmart US, Walmart International and Sam’s Club, as cited in (CNN Money, 2017). The following research work will use strategic analysis tools (specifically a SWOT analysis) to extensively examine Walmart’s current position; useful frameworks will be utilized in this process, with reasons for selecting the frameworks used. The report will further identify Walmart’s current strategy and briefly evaluate i...
The purpose of this study is to identify and compare the Business strategies and Business models adopted by two big discount retailers in the United States which are Target Corporation (" Target ") and Costco Wholesale Corporation (" Costco "). The study also examines the characteristic of the competitive environment in which both companies operate in. The SWOT analysis shows that the discount retail industry is highly competitive and is affected by key strategic factors as Technology improvement, innovation in product design and promotion, employee welfare, internet, multi-channel distribution and communication. Target follows an Integrated Cost Leadership and Differentiation strategy expressed in its promise of " Expect More, Pay Less ". It provides high quality, trend-forward merchandize with lower margin. Target achieves its strategies with core co mpetencies and resource such as superior guest experience, corporate culture, systems, strong supply chain, technology infrastructure, innovation, and disciplined management approaches. On the other hand, Costco adopts a Cost Leadership strategy. It uses economies of scale to buy in bulk at low cost and pass the discount to the customer. Costco achieves its strategy with core resource and competencies that include efficient supply chain management, pleasant shopping experience, strong bargaining power, motivated highly paid employees.
Nonprofit Management and Leadership
From comparative advantage to damage control: Clarifying strategic issues using swot analysis1992 •
2011 •
This paper’s main objective is to give an in-depth view of strategic management theory, emerging issues in strategic management and show the link between the Agency and the organizations’ competitive advantage. A review of the relevant available literature will be carried out and the linkage among the three basic concepts of strategic management theory, emerging issues and Agency theory will be identified. An explication of Agency theory will be done in order to unravel its main contribution to the organization’s competitive advantage which leads to the optimum performance of an organization.
Strategic Change
What's swot in strategic analysis?1998 •
This paper reports on experience with managers on business and management programmes and ‘action’ research which has shed light on the use of SWOT and on its practical difficulties and limitations. Warning is given that a too simplistic adoption of the SWOT activity can lead to damaging consequences and suggestions are made as to how organisations can introduce this form of analysis to avoid its potential pitfalls through the use of Performance-Importance, Opportunity and Threat matrices. While recognising some of the limitations of SWOT analysis, the paper also acknowledges its benefits, the value of which is not only seen in its outputs (which may be used in the development of sound strategic business plans) but also in the very process of carrying it out. Highlighted are the extra benefits to be gained in the use of SWOT not just as a static analytical tool which helps generate an understanding of business activity but, also, as a dynamic part of the management process which can actually facilitate management development and which can be harnessed to the advantage of all involved. It can be seen as a valuable management tool which may be easily absorbed with good effect into the realities and practicalities of an organisation’s existing planning and strategy formulation processes.
Revista Pensamento Contemporâneo em Administração
In the practice, how does customer service ensure competitive advantage?Customer service is an essential element for the success and growth of companies in general. In this context, this study sought to analyze this service as an element of competitive advantage in a retail company in the optical industry. To reach the proposed objective, qualitative research was performed with a single case study and data collection through interviews, observation, and document analysis. The results show that to be a competitive advantage, customer service must be the subject of strategic actions, must use of social networks, be associated with loyalty tools, and be established as an instrument of organizational competitiveness.
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2014 •
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