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Distinguished Images

• Amber Carpenter
• Andrea Carroll-
Glover
• Belinda Bach
• Michael Daniels
• Myra Roldan
GLO-BUS SWOT Analysis
• Strengths: • Weaknesses:
• Company A: NA-leader and # of retail dealers,
NA/EA-price for both models, EA/AP-tech Company A : NA/LA Budgets for tech support
support and advertising budgets, AP-warranty and advertising, LA/AP # of retail dealers,
period entry level # models

• Company B: AP/EA/LA-Tech support budget, Company B: NA/LA # of retail dealers AP only


entry models, AP/NA/LA-warranty period, p/q local dealers, LA – advertising budget, multi
rating for multi-features, EA- price both models feature models

• Company C: AP-advertising budget, EA/AP- Company C: NA/LA # retail dealers and multi-
tech support budget, p/q rating multi-feature, feature models, EA-price and advertising
AP-# retail dealers, promotions, warranty budget
periods, and entry level models

Company D: all geographical areas- short


• Company D: LA-leader in both models, warranty period, low tech support budget, p/q
models for all geographic areas, EA-price, LA- rating for multi-feature cameras except in AP,
#retail dealers and advertising budget EA/AP – low advertising budget, AP-lack of
retail dealers
Net Revenues
Earnings Per Share
Return on Equity
Stock Price
Credit Rating
Image Rating
Strategic Vision

• Our vision is to become the most


recognizable brand in digital cameras by
offering the highest quality products and
accessories at competitive prices. We
intend to become the global leader in the
production and marketing of the world's
most premier camera supported by
innovative technological standards and a
world renound culture among team
members.
Performance Targets

• EPS Target for year 16 is $4.25


• EPS Target for year 17 is $4.50

• ROE Target for year 16 is 25.3


• ROE Target for year 17 is 25.8

• Credit Rating Target for both years is A+


Performance Targets

• Image Rating Target for year 16 is 70


• Image Rating Target for year 17 is 72

• Stock Price Target for year 16 is $52


• Stock Price Target for year 17 is $55
Entry Level Strategy
Our strategy was differentiated in
that we tried to focus on the highest
quality camera at a low price.

We realized that this was too costly


in both production and labor
therefore, we experimented in
latter years with a best cost
provider strategy.
Multi Level Strategy

Our strategy was a differentiated


strategy. We focused on providing
the highest quality camera to the
most exclusive retailers.

Similar to our entry-level strategy we


experimented with several business
models before finding our niche.
Which resulted in a higher priced
camera with a higher return on
revenue.
Production Strategy
We preferred employing enough labor to produce our product in
house, and found that paying our employees overtime was more
cost effective than outsourcing in most instances.
Financial Strategy

We self-funded our venture avoiding loans and not issuing stock to


raise capital. As our EPS and ROE experience a deep drop, we cut
back on issuance of dividends, attempted repurchasing stock and
paying down loans.

This strategy did not suit our needs, our EPS and ROE continued
to drop. In the end, we refocused our strategy and began focusing
on raising capital in order to strength our business and begin re-
building our brand.
Entry Level Competition
As the exercise progressed, we were forced to
evaluate our cameras, as our competitors were
offering products with a higer PQ rating at a cost
that was competitive with our own.
Multi-Level Competition
We felt that competition changed throughout the
course of the game. All teams were considered
strongest competitors. It appears all teams took the
same approach, by offering a high quality camera
but at a lower price point.
Actions to Take
Entry-Level Cameras Multi-Feature Cameras

• Produce at least a 3 star • Produce a least a 4.5-5 star


camera camera
• Keep production costs low • Provide competitive pricing to
• Possibly reduce pricing to undercut the competition
grasp competitive edge. • Keep warranty claims low
• Control labor costs while • Keep outsourcing costs
increasing productivity low/maximize overtime
Actions to Take
• We will continue to seek out ways to trim cost in our product and
labor, while maintaining or improving our PQ rating
• We will continue to use PQ rating as our primary differentiator
• We plan on putting more money into quarterly Research and
Development and advertising to gain increased market share
against our competitors.
Lessons Learned…
• You cannot become enamored with your successes nor depressed with your
failures
• Stick to the fundamentals
• Keep your eyes on the competition
• Build towards brand equity
• Strategies are living plans-subject to change to meet new criteria
• We have learned that it is better to slowly & strategically build business instead
of trying to aggressively capture the market share from the beginning.
• It is important to monitor and respond to the actions of the competitors in order
to be successful.

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