End of module project – requirements • Executive report for the Board of Directors • An organisation or SBU you are familiar with Ø Analyse its current position Ø Evaluate the sustainability of its current strategy Ø Make recommendations for future strategic development Use appropriate theories, frameworks and models • Details in the appendices • Summary of key points in the main report Tools and frameworks • Analyse the current position – external Ø Opportunities and threats Ø Porter’s 5 competitive forces Ø PEST analysis • Analyse the current position – internal Ø Strengths and weaknesses Ø Porter’s value chain analysis Ø Competencies and capabilities • There may be overlap so place the detail in the appendices and the key points in the main report Analyse the current position Appendix 1- PEST analysis Political § Trade barriers in USA § Regional development subsidies withdrawn Economic § Economic recession Social § Local residents demand for clean air – furnace fumes not environmentally friendly, though legal Technological § Increased use of automation (CAM) by competitors § Rise of the internet Appendix 2 - SWOT analysis Strengths § Talented design team Weaknesses § Small senior management team (downsized) § Inefficient manufacturing processes § Increasing debt and losses Opportunities § Overseas markets Threats § Competitors exploit new technology § Closure /divestment by parent company An organization you are familiar with If confidentiality is a concern, assume an alias 1. Introduction HA Ltd is a wholly owned subsidiary of QR Ltd, a family owned business. HA Ltd operates in a number of industry sectors in the UK: agricultural utensils and accessories, manufacture of go-karts and catering trolleys, and the design and manufacture of bespoke machinery, principally for its parent company. This report analyses and prioritises the main issues facing HA Ltd. It identifies and evaluates the sustainability of its current strategy, and makes recommendations for HA Ltd’s future strategic development Analyse the current position 2. Strategic analysis – current position 2.1 Threats Combines (SW)OT, 5 forces, PESTEL from the appendices The economic downturn generated slow or negative market growth in all sectors that HA Ltd operates in, and it is faced with increasing direct and indirect costs causing rising selling prices and lower margins. HA’s customers in the agricultural sector now wield greater buyer power (Porter, 1980) through the formation of co-operatives and elimination of the need for intermediaries, including HA Ltd. The parent company, faced with its own problems, has no plans to place further orders for machinery. This further weakens the product portfolio (Appendix N). Analyse the current position 2.2 Strengths and weaknesses Combines SW(OT), value chain analysis, portfolio analysis, competencies and capabilities from the appendices HA Ltd has a loyal workforce, most of whom have been employed for over 25 years. With the exception of the development and design of bespoke machinery, the work is unskilled or semi-skilled and new employees can be easily trained if necessary. Engineering knowledge for R&D resides in the CEO and one other employee. HA Ltd’s brand is well established in its sectors, but there is no obvious possibility to leverage the brand in other industries. Consider Ø Methods and directions of growth (e.g. Ansoff) Ø Corporate parenting Ø Culture Ø Organisation structure Ø CSR Evaluate the sustainability of its current strategy Ø What is the current strategy? § Porter; Bowman; Hill and Jones Ø Does it provide competitive advantage? Ø Can it maintain or create competitive advantage? • Suitability, Acceptability, Feasibility (SAFe) Identify the current strategy 3. Current strategy 3.1 Agricultural utensils and accessories HA Ltd’s competitive strategy has been one of cost leadership (Porter, 1980) based on the buyer power (Porter, 1980) generated by high volume purchases from approved suppliers. HA’s growth has been organic, but there has been no organisational growth during the past 4 years. 3.2 Design and manufacture of machinery The CEO is insistent that the company’s future now lies with the automatic calf feeder, for which research and development costs are escalating, whilst HA’s technical engineers have stated that their time would be better spent on product innovation. Sustainability of the current strategy 3.3 Evaluation of the sustainability of the current strategy Draws on the earlier analysis of the current position Feasibility Suitability Acceptability Recommendations for future strategic development Ø Conclusion to the report Ø Continue or change? Why? Ø Draws on the previous sections • Executive report for the Board Ø Remember to think at strategic level Ø 2,500-3000 words (excluding list of references and appendices) Ø Maximum 6 appendices Ø Referencing