How to grow market share

Assignment Help Strategic Management
Reference no: EM131008395 , Length:

Need to use the Strategic Management tools, quantify, and future planning, please read the question and let me know if you want me to share any additional guides or resources

The Assignment pulls on your Business Strategy/Business Model preparation for the Workshop and Workshop materials.

For the core SM Course we provide detailed Assignment guidelines. For the ASM Course we leave you to structure your Assignments as you see appropriate. However, you should start your Assignment with:

• A managerial question
• A justification of why the question is important for you to address
• Give the marker enough background to your Business or new Business Model idea so they can read the script in context
• Stress quantification, ‘hard analysis' in your Assignment and utilise tabulations and labelled diagrams

A) Existing Business Model Assignment

The managerial question should stress the ‘How':

• How to grow market share? (or improve financial performance/boost productivity/reduce cycle time/improve innovation capability etc. etc.) - get the Business Model working better in one key area.

The SM Course asks you to systematically audit your Business Strategy/Business Model to deliver improvement. The ASM Course asks you to address a specific managerial question; the emphasis is much more on ‘how to do' for the selected managerial question. The mindset of a consultant or an advisor may be appropriate to adopt.

In answering the managerial question you may include analysis from the Manual Sections on the Competitive Environment, Company Strategy, Aspects of Implementation as well as the Workshop materials. You can pull on other MBA courses (especially the SM Course), your own research, experience and references from the literature.

B) New Business Model Assignment

The managerial question is to investigate the potential for a new Business Model and what needs to be done to launch it successfully (or why the Business Model should not be pursued at this time).

Here we would recommend you apply the Workshop Business Model materials, especially the 9 Building Blocks of Osterwalder & Pigneur's Business Model Canvas (your Course text). All 9 Building Blocks should be covered to provide a holistic overview - but you may want to dwell on certain Blocks longer than others.

In outlining your New Business Model you may include analysis from the Manual Sections on the Competitive Environment, Company Strategy, Aspects of Implementation as well as the Workshop materials. You can pull on other MBA courses (especially the SM Course), your own research, experience and references from the literature.

The Management Agenda/Action Plan

Whichever Assignment 1 you select you should finish with a solid section that outlines what to do and how to move forward specifically (i.e.: key actions, milestones, associated costs, resource allocation, responsibility, etc.)

Assignment Protocol

Assignments in excess of 15 pages/2000 words + diagrams and tabulations will be penalised.

Note: In the ASM pilot and subsequent roll-out we were pleased that many students clearly enjoyed the Assignment stage and ‘went the extra mile'. But this resulted in:

a) Many Assignments being considerably longer than the length guidelines (Project Stage has a guideline of 10,000 words which some Assignments approached!)

b) Some students changed format to adhere to page length guidelines but not word count guidelines

Verified Expert

Solution that contains a proposal for new business model along with the specific details of the project inclusive of operation plan, financial plan as well as company background.

Reference no: EM131008395

Questions Cloud

Find an eigenvector corresponding to one of the eigenvalues : Find an eigenvector v1 corresponding to one of the eigenvalues. Find an eigenvector v3 corresponding to the remaining eigenvalue. Calculate v1 · v3. Are v1 and v2 linearly independent, orthogonal, both, or neither?
Problem regarding the credit card debt : The average household credit card debt has been reported to be between $8000 and $10,000. Often of interest is the average credit card debt carried by college students. In 2008, the average credit card debt for college students was reported to be ..
Differences between cash flows from operating activities : What are the differences between cash flows from operating activities and the elements of an income statement?
Assumptions for inference : a) Suppose one analyst conducts a two-sample hypothesis test to see if memory of brands advertised during violent TV shows is higher 24 hours later. The P-value is 0.00013. What might she conclude? b) Explain why her procedure was inappropriate. W..
How to grow market share : The managerial question is to investigate the potential for a new Business Model and what needs to be done to launch it successfully (or why the Business Model should not be pursued at this time).
Mean number of brand names : Find a 95% confidence interval for the difference in mean number of brand names remembered between the groups watching shows with sexual content and those watching neutral shows. Interpret your interval in this context.
Compositions of the phases in the container : One mol of n-butane and 1 mol of n-pentane are charged into a container. The container is heated to 180oF where the pressure read 100 psia. Determine the quantities and compositions of the phases in the container.
Do cash flows from operating activities report : Do cash flows from operating activities report all the elements of the income statement on a cash basis? Explain.
An adiabatic expansion of ethylene gas : What is the maximum work ( in Btu/lb) obtainable from an adiabatic expansion of ethylene gas through a turbine from  1000 psi and 340 F to a pressure of 100 psi.

Reviews

Write a Review

Strategic Management Questions & Answers

  Do you think the nichepreneur strategy might work

Do you think the Nichepreneur strategy might work for Someone just out of college without any work experience or worldly experience, are they more likelyto find defeat and disappointment? Explain.

  Contribute to planning a session on leadership

Imagine you have been asked to contribute to planning a session on leadership, collaboration and teamwork in a cultural diverse workplace for your organization.

  What are the differences in the design models

What are the differences in the design models? Compare and contrast the standard airline organizational functional structure model with the hybrid structure based on independent business units.

  A motorcycle from big wheel sports center

In June, Ramos entered into a contract to buy a motorcycle from Big Wheel Sports Center. He paid the purchase price of $893

  Two broad goals of a sound compensation plan

Two broad goals of a sound compensation plan.

  Give example that explain importance of strategic thinking

Provide at least one example that demonstrates the importance of "strategic thinking." Support your primary response with at least one scholarly source. Provide in-text citations and complete references for all sources used.

  Rephrase the article

Rephrase each section of the article and critique whether or not agreed with him, and if there are examples to support

  Compare and contrast the impact of the business coverage

Compare and contrast the impact of the business coverage from a technological stand point based on the premise that not all countries are technologically equal.

  Strategic managerial communications

Strategic Managerial Communications

  List hr strategic challenges

List HR strategic challenges that are faced by modern organizations and explain how technology is impacting HR management practices and employees.

  Differentiate between corporate mission and strategic vision

Differentiate between corporate mission and strategic vision by taking corporate illustrations

  Integrating hr strategy into a company''s business strategy

In integrating HR strategy into a company's business strategy, especially as HR is considered an internal function, what customer should the HR strategy be focused on satisfying?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd