Explain strategic business plan, Operation Management

Assignment Help:

You have been working for some time at Unique Shoes, a local shoe store that specializes in unusual shoe designs and custom fitting. Currently, customers come to the store to select their shoe designs and have their measurements taken for the custom fitting. The shoes are then manufactured by a supplier in another state and shipped to the store for pickup by the customer. The owner, Bill, is very interested in expanding his successful business. He has just bought Sassy Shoes, a shoe store in a good location across town, and has hired a store manager. He plans to continue selling the brands of shoes that the Sassy Shoes has been selling, but he wants to add his "unique shoes" to that store's offerings. Bill's research shows that, in addition to all of the online sources for shoes, there are many other local stores that sell shoes: outlets for major shoe store chains, mall stores that carry popular brands, small outlets and specialty shops, and department stores. While Bill has been keeping all his records of orders and sales on paper, the records at Sassy Shoes are located on the manager's PC in Excel files. Bill realizes that he must treat the two stores as a single business, with one set of accounts, one billing system, etc. He thinks this is also a good time to stop using paper records for his orders and sales. Bill really hopes to continue to expand his business by buying other shoe stores, but he will need good information about his current businesses to know when he should make his next acquisition. He has asked you to help him develop the business strategy and IT Plan to accomplish his goals. You know that there are methodologies for analyzing the business environment and that there are multiple ways to expand the business. You also recognize that IT is an important component for achieving that goal. 1. Explain Porter's Five Forces Model and how Bill can use it to analyze his current business and his expansion. Be sure to address each of the 5 forces and explain to Bill what they mean for his business. 2. Based on your analysis in 1, select one of the five forces and explain how Bill can incorporate his analysis of that force into his Strategic Business Plan (SBP).


Related Discussions:- Explain strategic business plan

Bloomsday Outfitters produces T-shirts for road races. They , 1.How many st...

1.How many stamping machines are required? 2.what would be the quantities that would need amendment as far as Distribution Manager is concerned to service for week two and onwards?

Explain motivating employees, What are some effective ways companies are mo...

What are some effective ways companies are motivating employees for (retention and best return). Will rate accordingly. Thanks

Explain in a cellualr network advancement cells must use, In a cellualr net...

In a cellualr network advancement cells must use the same or nearly the same frequencies for their voice signal channels in order to work properly?

Explain the employer-sponsored sales process, Describe the employer-sponsor...

Describe the employer-sponsored sales process? What is the goal of this process once it is completed? Why is accreditation important?

Explain what is strategic human resources management, What is Strategic Hum...

What is Strategic Human Resources Management and how does it link the people with the strategic needs of the business?

Describe what is the value creation frontier, 1. What is the value creation...

1. What is the value creation frontier? How does each of the four generic business models allow a company to reach this frontier? 2. How can companies' pursuing cost leadership

Qn, a firm whether to make or buy a part required in its operation. cost an...

a firm whether to make or buy a part required in its operation. cost and volume estimate are as follows annual fixed cost make $15000 buy none, variable cost make $60 buy $80, annu

Calculate annual breakeven number of meals, The restaurant would serve dinn...

The restaurant would serve dinner Tuesday through Saturday. Brian has noticed a restaurant for lease. The restaurant has seven tables, each of which can seat four. Tables can be mo

Jumpin jack flash case study, What management skills did Jack use as market...

What management skills did Jack use as marketing manager for travel products company? And management skills did he use as VP the consumer products firm?

Write Your Message!

Captcha
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