PPT-Industry and Competitive Situation Analysis

Team 6 Kyle Kunkel John Barron Parker Teddy Lathrop Thor Fink General Electric History Founded in Schenectady New York in 1892 Thomas Edison  Elihu Thomson Charles Coffin and Edwin Houston. YOU’RE NOT CURRENTLY OPERATING IN THIS INDUSTRY, BUT YOU WOULD LIKE TO ENTER.. NECESSARY STEPS:. 1. COMPLETE AN ENVIRONMENTAL ASSESSMENT. Industry overview. Competitive environment. Macro environment. Competitive Advantage of Nations. Michael Porter. Key to high productivity is the development of leading industries able to compete and dominate sectors at the international level. . 4 self-reinforcing necessities for competitive industries referred to as the diamond model. . Specification. section. The Relationship between Businesses and the Competitive Environment. Contents. • assessing the effects of changes in competitive structure. • evaluating responses of businesses to a changing competitive environment.. BSAD 141. Dave Novak. BDIS: 1.2 (13-26). Lecture Outline. Business Strategy. Competitive Advantage. Goals versus Objectives. Porter’s 5 Forces Model. Value Chains. How do . information systems . fit in? . Focus. Dr. Ananda . Sabil. Hussein. SWOT Analysis. (Strengths, Weaknesses, Opportunities, Threats). “. A widely used framework for organizing and utilizing the pieces of data and information gained from the situation analysis…. Chapter 4. LEARNING OBJECTIVES. By the time you have completed this topic you will be able to :. understand the meaning of the term ‘competitive advantage’ and identify the circumstances in which a firm can create a competitive advantage over a rival;. Team 4. Industry and Competitive Situation Analysis. Why we chose Best Buy. Electronics and Appliance Stores industry, NAICS 443. Major chains use superstore format. Sell wide variety of electronic devices. Team #1. Andrew McDaniel. Brad Schaefer. Brandon Christian. Robert Pace. Ryan Schafer. Chief Business and Economics Characteristics . The industry is driven by an infusion of technological innovation and long term sustainability.. 2. 2. Situation #2 (Cont’d). 3. SITUATION #2 (Cont’d). OBJECTIVE:. This practical exercise is designed to prepare you for the performance test on Prepare Claims and Inquiry Forms..  . CONDITIONS:. Analyzing the External Environment. Today. Competitors, Indirect/Direct. Strategic Maps. Key Success Factors (KSF’s). Value Chain Assessment. Porters 5 Forces. Dominant Economic Traits of the Industry. Chapter 3. “Give Me Real Data, I Want Solid Grounding.”. Copyright 2014 Pearson Education, Inc. for Prentice Hall. Competitive strategy: To provide absolute lowest, rock-bottom prices on everything we sell. Resources, Capabilities, and Core Competencies. ChapterCase. 4. Nike’s Core Competency: . The . Risky Business of Fairy Tales. Nike,. . a . company created by Bill . Bowerman. and Phil Knight in 1964, today has . on..........................................................................................................3r CI Profe.....................................................5 Professionals............. YOUR. LOGO. COMPETITIVE ANALYSIS | OVERVIEW. OBJECTIVES. [Describe why an analysis is important and what you hope to find through it.]. Point . Point. Point. Point. LANDSCAPE ANALYSIS. ANALYSIS QUESTIONS.