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Strategic Audit of Harley Davidson Inc.

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Strategic Audit of Harley Davidson Inc.
I. CURRENT SITUATION 3
A. CURRENT PERFORMANCE 3
B. STRATEGIC POSTURE 3
1. Mission & Objectives 3
2. Strategies 4
3. Policies 4
4. Summary 4
II. CORPORATE GOVERNANCE 4
A. BOARD OF DIRECTORS 4
B. TOP MANAGEMENT 5
III. EXTERNAL ENVIRONMENT: OPPORTUNITIES AND THREATS (SWOT) 6
A. SOCIETAL ENVIRONMENT 6
1. Economic 6
2. Technological 6
3. Political-legal 6
4. Sociocultural 7
B. TASK ENVIRONMENT 7
1. Threat of new entrants 7
2. Bargaining power of buyers 7
3. Threat of substitute of products or services 7
4. Bargaining power of suppliers 7
5. Rivalry among competing firms 8
6. Relative power of unions, governments, special interest group, etc. 8
C. SUMMARY OF EXTERNAL FACTORS 8
IV. INTERNAL ENVIRONMENT: STRENGTHS AND WEAKNESS (SWOT) 10
A. CORPORATE STRUCTURE 10
B. CORPORATE CULTURE 10
C. CORPORATE RESOURCES 10
1. Marketing 10
a. Product: 10
b. Price: 11
c. Place: 11
d. Promotion: 11
2. Finance 12
3. Research and Development (R & D) 13
4. Operations and Logistics 13
5. Human Resources Management (HRM) 14
6. Information Systems (IS) 14
D. SUMMARY OF INTERNAL FACTORS 15
VI. ANALYSIS OF STRATEGIC FACTORS 16
A. SITUATIONAL ANALYSIS 16
B. REVIEW OF MISSION AND OBJECTIVES 17
1. Are They Appropriate & How Should They Be Changed? 17
2. Damage Control 17
VI. STRATEGIC ALTERNATIVES & RECOMMENDED STRATEGY 18
A. STRATEGIC ALTERNATIVES 18
1. Revision of Objectives 18
2. Alternative Strategies 18
B. RECOMMENDED STRATEGY 18
1. Selected Strategic Alternatives 18
VII. IMPLEMENTATION 19
A. PROGRAMS 19
B. FINANCIALLY FEASIBLE 19
VIII. EVALUATION & CONTROL 20
A. CURRENT INFORMATION SYSTEM 20
B. CONTROL MEASURES 20
BIBLIOGRAPHY 21 Strategic Audit of Harley Davidson Inc.

I. Current Situation A. Current Performance

In 2007, GDP ended at 3.1% in America and 2.1% in Eurozone; and is expected to drop further during 2008. According to Jim Ziemer, Chief Executive Officer of Harley-Davidson, Inc., “these are challenging times in the



Bibliography: Anonymous, (1993) Mandatory Helmet Law, State of California. Retrieved April 10, 2008, from California Motorcycle Safety Program Web site: http://www.bikersrights.com/states/california/california.html Anonymous, (2008, April 07) AP, (2007, November 2007). Business news in brief. Philadelphia Daily News, Retrieved April 02, 2008, from http://www.philly.com/philly/business/11849057.html Arnold, Paul (2007, July) Board of Directors, (2007, December 11). Harley-Davidson Inc. Corporate Governance Policy. Retrieved March 30, 2008, from Harley-Davidson Web site: http://investor.harley-davidson.com/downloads/CG_Policy.pdf Business Week Online, (2007, April 20) Harley-Davidson Chief Compliance Officer, (2006, February 16). Corporate Environmental Policy. Retrieved April 02, 2008, from Harley-Davidson Web site: http://investor.harley-davidson.com/downloads/CG_Environmental_Policy.pdf Harley-Davidson Inc., (2006) http://investor.harley-davidson.com/downloads/CG_HumanResource.pdf Harley-Davidson Inc., (2001-2008) Harley-Davidson Inc., (2003). Everyday values. Harley-Davidson Code of Business Conduct. Harley-Davidson web site, Retrieved April 02, 2008, from http://investor.harley-davidson.com/downloads/CG_CodeConduct.pdf Harley-Davidson, Inc. (2008, March). Hoover 's Company Records,(Ha-Hl), 10706. Retrieved March 19, 2008, from Hoover 's Company Records database. (Document ID: 168158831). Harold Scott, Peter Cheese, Susan Cantrell. (2006, January). Focusing HR on growth at Harley-Davidson. Strategic HR Review, 5(2), 28-31. Retrieved April 5, 2008, from ABI/INFORM Global database. (Document ID: 960969641). REAL D Inc. (2007). Harley-Davidson Looks at Its Machines in REAL D. Retrieved April 13, 2008, from REAL D Inc. Web site: http://www.reald-corporate.com/news_harley_davidson.asp Reuters, (2008, April 08) Simons, Mike (2006, February 14). Harley-Davidson roars in with SAP. Computer Weekly, p6-6, 1/8p, 1c, Retrieved April 03, 2008, from http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=21026098&site=bsi-live Slepicka, Mary (2006, Jun) Standard & Poor 's Compustat, (2007, February 28). THE BUSINESSWEEK 50 RANKINGS + 25. Retrieved March 20, 2008, from Business Week Web site: http://www.businessweek.com/bw50/2007/60.htm SunTotal Systems Inc., (2008) Young, Stephie (2007, March). ON THE MOVE. Black Enterprise, Vol. 37 Issue 8, p68-68, 3/4p, Retrieved April 01, 2008, from http://search.ebscohost.com/login.aspx?direct=true&db=buh&AN=24306748&site=bsi-live Ziemer, Jim (2008, February 18)

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