Porter’s Five Forces Model.
Expected
to receive :24/04/2020
Words
= 2000
Assessment
Details:
You
will choose one existing incumbent that is being beaten by a
challenger in business. In other words, identify and choose one
incumbent that is struggling to survive in the market. Conduct a
thorough analysis of the current conditions of this incumbent by
referring to following relevant strategic analysis frameworks:
1.
Porter’s Five Forces Model (refer to lecture 7)
a.
Degree of existing rivalry
b.
Threat of potential entrants
c.
Bargaining power of suppliers
d.
Bargaining powers of buyers
e.
Threat of substitutes
2.
Stakeholders analysis (refer to lecture 7)
a.
Strategic stakeholder analysis
b.
Normative stakeholder analysis
4.
PESTEL (Political, Economic, Social, Technological, Environmental,
Legal),
5.
SWOT (Strength, Weaknesses, Opportunities and Threats)
You
will have to use at least 4 strategic analysis frameworks, identify
and evaluate the current position of the incumbent and synthesise the
findings. . In technology cycle and 3 phases of Innovation model, you
will have to explain at which phase does the current position of the
incumbent of your choice fall on. After assessing the incumbent’s
current position, provide a detailed solution for this incumbent to
re-emerge in the market. The solution has to be linked to innovation
and new disruptive technologies. This will help you to explain about
the firm’s strategic intent. This solution should help you to
identify and explain resources and capabilities required by the
incumbent that helps to close the gap between its current position
and its strategic intent. As part of your assessment, you will have
to create a mind map to show the possible solutions
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