Reference no: EM132797936
Global competition implies a global environmental strategy that gives birth to new competency standards. In this condition every company that wants to survive and growth must be able to create and maintain its competitive advantage by continuously improving competitiveness. The increasing business competition requires the company to continuously improve the performance of various elements in the organization of the company. One way to realize such success can be done by using the services of consulting firms. So that the development of companies that provide consulting services in a country, is quite a deal with a very large opportunist. In addition to business competition according to data based on surveys, that there are three main reasons companies use consulting services.
First, consultants in experienced value so that it can be used as a benchmark for the company. Second, consultants can provide guidance. Third, consultants are able to think out of the box because it is outside the system. The first reason was that there are many background companies using consulting services. There are also companies that are aware of the limitations of those who do not have core competencies to manage themselves, so they finally decided to cooperate with consultants.
Case study:
ABC Ltd. is a company engaged in consulting services to help companies or individuals who want to run a business in country. ABC provides full service covering market entry in a Country that allows clients to focus on their main activities on the local market, even to other countries in southeast Asia countries. ABC Ltd provides one stop service which includes: Administration, legal, HR, financial, marketing business development, and even other related business activities. Business-based consulting firms are believed to be increasingly competitive. Today, many companies are developing themselves to face an era of increasingly intense global competition.
Based on data provided , ABC Ltd. experienced a decrease in the number of clients who use its services as a result of many emerging consulting firms dominated the market in the country, the pontensial competition is also increasing sharply, in this condition it is necessary to build a strategy in maintaining the image with the aim of still achieving the company's goals that have been set.
Every company realizes the importance of service diversities, quality, and orientation to its users. You are a manager in ABC ltd. asked to conduct analysis on these points below in order to find out why/how/ what does it takes to make ABC Ltd. to get more clients in the current competitive market.
a. Conduct internal analysis (strengths and weaknesses) owned by ABC Ltd. in order to increase competitive advantage in the consultation industry in general.
b. Conduct external analysis (opportunities and threats) owned by ABC Ltd. using the Michael Porter competition model (the 5 forces model) in the consultation industry in general.
c. What global strategy to choose in order for ABC Ltd. to survive and competitive in the consultation industry in general.
Explain in a straightforward, thorough, and comprehensive way all of the above questions (a,b, and c)