Charles Schwab
Title: Charles Schwab in 2008
Name: Gingco, John Mar N. February 05, 2013
Executive Summary
Charles Schwab is a son of an assistant district attorney in California. He sttudied in Stanford University where he received degree in economics, which was followed by an MBA from Stanford Business School. In 1971, he set up his own stock brokerage firm, First Commander which was later on changed to Charles Schwab and Company Inc.
At first, his company was a conventional brokerage that charged clients fixed commissions for securities trades. Over the next 25 years, the company experienced strong growth, fueled by a customer-centric focus, savvy investments in information technology (IT), and a number of product innovations, including a bold move into online trading in 1996.
Purpose
To find out how Charles Schwab reverse the decline in revenue and profit of his brokerage company and attain its goal of 20% a year revenue growth and a profit margin greater than 12%.
Statement of the Problem
During the year 2000, Charles Schwab and Company felt the negative effect of the slowdown in the US economy. Schwab’s revenue, net income and stick price were all declining.
Methods of Analysis
1. Strengths, Weaknesses, Opportunities and Threats (SWOT) Analysis
2. Porter’s Five-Forces Industry Attractiveness Analysis
Alternative Courses of Actions
Disney needs to encourage managers of all its businesses to continue innovation by giving more value to their perspectives on how to improve their respective operations.
1. Entertainment and Recreation Disney needs to offer more kinds of attractions and rides inside existing theme parks.
2. Motion Pictures and Home Videos Disney must focus its resources in producing low cost but quality movies wherein the whole members of the family can watch it together and not just the children which was there main target audience before.
Name: Gingco, John Mar N. February 05, 2013
Executive Summary
Charles Schwab is a son of an assistant district attorney in California. He sttudied in Stanford University where he received degree in economics, which was followed by an MBA from Stanford Business School. In 1971, he set up his own stock brokerage firm, First Commander which was later on changed to Charles Schwab and Company Inc.
At first, his company was a conventional brokerage that charged clients fixed commissions for securities trades. Over the next 25 years, the company experienced strong growth, fueled by a customer-centric focus, savvy investments in information technology (IT), and a number of product innovations, including a bold move into online trading in 1996.
Purpose
To find out how Charles Schwab reverse the decline in revenue and profit of his brokerage company and attain its goal of 20% a year revenue growth and a profit margin greater than 12%.
Statement of the Problem
During the year 2000, Charles Schwab and Company felt the negative effect of the slowdown in the US economy. Schwab’s revenue, net income and stick price were all declining.
Methods of Analysis
1. Strengths, Weaknesses, Opportunities and Threats (SWOT) Analysis
2. Porter’s Five-Forces Industry Attractiveness Analysis
Alternative Courses of Actions
Disney needs to encourage managers of all its businesses to continue innovation by giving more value to their perspectives on how to improve their respective operations.
1. Entertainment and Recreation Disney needs to offer more kinds of attractions and rides inside existing theme parks.
2. Motion Pictures and Home Videos Disney must focus its resources in producing low cost but quality movies wherein the whole members of the family can watch it together and not just the children which was there main target audience before.
Bibliography: Books Strategic Management text and cases 4th edition by Dess Lumpkin Eisner Strategic Management Competitiveness and Globalization 9th edition Hitt, Ireland, Hoskisson Websites http://freelancerconsulting.com/business-frameworks/porter-five-forces-model-external-analysis.html http://www.investopedia.com/features/industryhandbook/porter.asp#axzz2InvcGSWx http://www.mindtools.com/pages/article/newTMC_08.htm