Preview

Pest Analysis of Foster Beer

Satisfactory Essays
Open Document
Open Document
2704 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Pest Analysis of Foster Beer
Exhibit 3.1

Strategic capabilities and competitive advantage

Exhibit 3.2

Strategic capability: the terminology

Exhibit 3.3

Sources of cost efficiency

Exhibit 3.4

The experience curve

Exhibit 3.5

Criteria for inimitability of strategic capabilities

Analyzing Resources & Capabilities
OUTLINE
• The role of resources and capabilities in strategy formulation. • The resources of the firm • Organizational capabilities • Appraising the profit potential of resources and capabilities • Putting resource and capability analysis to work—a practical guide • Creating new capabilities.

Shifting the Focus of Strategy Analysis: From the External to the Internal Environment

THE FIRM Goals and Values Resources and Capabilities Structure and Systems

THE INDUSTRY ENVIRONMENT

STRATEGY
STRATEGY

•Competitors •Customers •Suppliers

The Firm-Strategy Interface

The Environment-Strategy Interface

Rationale for the Resource-based Approach to Strategy

• When the external environment is subject to rapid change, internal resources and capabilities offer a more secure basis for strategy than market focus.

• Resources and capabilities are the primary sources of profitability

The Evolution of Honda Motor Company
Honda Technical Research Institute founded 1st Competes in Isle of Man TT motorcycle races 4-cylinder 750cc motorcycle 1st gasoline-powered car to meet US Low Emission Vehicle Standard Civic Hybrid (dual gasoline/ electric)

motorcycle: 98cc, 2-cycle Dream D

Portable generator

405cc motor cycle 1955 1960 1965 1970

Power products: ground tillers, marine engines, generators, pumps, chainsaws snowblowers

Civic GS (natural gas powered)

1946 1950

1975

1980

1985

1990

1995

2000

4 cycle engine

The 50cc Supercub

N360 mini car Honda Civic 1000cc Goldwing touring motor cycle

Acura Car division

Home cogeneration system

First product: Model A clip-on engine for bicycles

Enters



Links: The World’s Most Valuable Brands, 2006 Rank Company Brand value ($bn.) Rank Company Brand value ($bn.)

You May Also Find These Documents Helpful

  • Powerful Essays

    BUSI 610 Group DB Forum 1

    • 2057 Words
    • 6 Pages

    Grant, R. (1991). The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991). California Management Review, 33, (3) 114-135…

    • 2057 Words
    • 6 Pages
    Powerful Essays
  • Best Essays

    References: Barney, J.B. (2001) “Is the resource based ‘view’ a useful perspective for Strategic management research? Yes.” Academy of Management Review 21, 41-56…

    • 3399 Words
    • 11 Pages
    Best Essays
  • Satisfactory Essays

    Identify those resources and competences of the firm (or SBU) that are likely to provide sustainable competitive advantage. Justify why these resources and competences can be regarded as strategic capabilities using the four criteria covered in the textbook.…

    • 836 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Coach Inc

    • 610 Words
    • 3 Pages

    Resources and capabilities include firm’s financial, physical, human, and organisational assets used by them for…

    • 610 Words
    • 3 Pages
    Good Essays
  • Good Essays

    First, it is important to understand what a good corporate strategy is. According to the authors, it is not a random collection of individual building blocks, rather a fully constructed system of interdependent parts. In order for the organization to thrive, executives must actively direct decisions about resources the corporation will develop, and the business in which it will compete. During this, the executives must make sure all elements are aligned with one another. By applying the triangle of corporate strategy, the strengths of all special assets, skills and capabilities will illustrate how each element "fits." The Resource Continuum is another model that shows the basis for corporate advantage along a continuum. This model can be applied differently to different business, as one size does not fit all. Many companies choose to integrate other businesses based on products rather than resources, and end up with a "plain vanilla" infrastructure. By following this continuum it will constrain the set of businesses to compete in while limiting th…

    • 454 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Smithfield Foods

    • 1729 Words
    • 7 Pages

    Cited: Gable, J. E., Strickland III, A. J., & Thompson Jr., A. A., (2007). Crafting & Executing Strategy: The Quest for Competitive Advantage: Concepts and Cases (15th ed.). New York, NY: McGraw-Hill/Irwin.…

    • 1729 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In the last two decades, one of the most fundamental questions emerging in strategic management is how firms achieve and sustain competitive advantage. In a simplified world, understanding how firms achieve and maintain superior or abnormal returns means comprehending how firms position themselves in a certain market, what they produce and how they use resources at their disposal to do so. In this sense we may distinguish between the positional perspective, developed by Michael Porter, according to which achieving competitive advantage is the result of exploitation of imperfections in the market, the resource based perspective, which states that competitive advantage lies in the ownership of valuable resources, and the dynamic capabilities view, which follows the resource based view but also adds the dimension of time in the equation. In this essay, I will compare and contrast these three views after having described them, and will end by illustrating how they can all be brought together.…

    • 2407 Words
    • 8 Pages
    Good Essays
  • Good Essays

    zara essay

    • 3746 Words
    • 12 Pages

    The resource-based view has emerged over time as one of the significant theories of strategic management (Barney 1986). The resource-based view is centered on the notion of sustaining a competitive advantage primarily through the application of a bundle of resources at the firms’ disposal (Wernerfelt 1984). The concept of resources is all encompassing of organisations assets, capabilities, firm attributes, information and knowledge (barney 1991). Usually divided into two categories, tangible resources are objects within the…

    • 3746 Words
    • 12 Pages
    Good Essays
  • Powerful Essays

    Google Analysis

    • 2673 Words
    • 11 Pages

    The firm’s external environment is challenging and complex. Because of the external environment’s effect on performance, the firm must develop the skills required to identify opportunities and threats existing in that environment.…

    • 2673 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Collis, David J., and Cynthia A. Montgomery. Corporate Strategy: A Resource-based Approach. Boston, MA: McGraw-Hill/Irwin, 2005. Print.…

    • 3738 Words
    • 15 Pages
    Powerful Essays
  • Best Essays

    Review of Core Competence

    • 1859 Words
    • 8 Pages

    The underlying debate that the article reveals refers to the contradictory statements of Resource-based View (RBV) and Positioning perspective. Kogut and Zander (1995, p420) claim, “Strategy is much more than the selection of product markets and technologies of production. Above all, it is the creation and maintenance of superior organizational routines that reproduce and develop the strategy and the organization over time”. In the citation, the organizational routines refer to the management of internal resources, with the purpose of creating competitive advantages in the volatile environment (Jansson, 2008).…

    • 1859 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    • Priem, R. L., & Butler, J. E. (2001), “Is the resource-based "view" a useful perspective for strategic management research?”, Academy of Management Review, Vol. 26, No. 1, p22-40.…

    • 2634 Words
    • 11 Pages
    Powerful Essays
  • Best Essays

    Shangri-La

    • 2331 Words
    • 10 Pages

    References: 1. Thompson, Arthur A., A. J. Strickland, and John Gamble. Crafting and Executing Strategy: the Quest for Competitive Advantage : Concepts and Cases. 17th ed. Boston: McGraw-Hill/Irwin, 2010. Print.…

    • 2331 Words
    • 10 Pages
    Best Essays
  • Good Essays

    Bajaj Pulsar Market Study

    • 3865 Words
    • 16 Pages

    Bajaj was known for Bajaj Scooters “Hamara Bajaj” Kawasaki Bajaj failed to make a mark. No success in the motorcycle segment whereHero-Hondawas the undisputed leader…

    • 3865 Words
    • 16 Pages
    Good Essays
  • Satisfactory Essays

    1. Visión de conjunto sobre el desarrollo de la industria de bicicletas eléctricas en Alemania…

    • 5529 Words
    • 23 Pages
    Satisfactory Essays