Reference no: EM133323777
Question 1- Resources and capabilities: What according to you are the core competencies of BBB, and why? Given the current competitive landscape of the retail sector, should BBB hold on to its core competency or is it time to move out and develop new competencies to compete?
Question 2- Competition and imitation: While imitating the competition is sometimes good - it pushes the boundaries of innovation, but sometimes it backfires. Indeed, imitating the right way is a capability. Why didn't following the winning playbook of creating private labels work for BBB? Where did BBB falter in taking this approach -where is Mikasa (think for the perspective of BBB's business strategy and value offering)?
Question 3- Meme me up, Scotty: The Reddit investors took note of BBB plunging stock price and memefied BBB shares with share price jumping nearly 500 percent in a matter of weeks. How does stock price of companies struggling to stay afloat rise suddenly -what is the mechanism behind it? As an investor, is it prudent to put money behind such stocks? Does this sudden rise and fall in meme stocks put to question the efficiency of stock market - why or why not?
Question 4- Leadership: With the roller coaster ride BBB is traversing has ramifications on the leadership leading to the death of the CFO. Did BBB make decisions in haste in ousting Mark Tritton as the CEO? What leadership qualities/attributes are essential for a company struggling to keep its business operational?
Question 5- Recommendations: What actionable recommendations would you give Sue Gove (the current CEO) and her team to address the challenges faced by BBB? Be specific? Briefly explain your recommendations.
• Your recommendations should flow logically from your analyses.
• What are the potential caveats (pitfalls) to your recommendations?