Business Strategy Essay Example | Topics and Well Written Essays - 1000 words - 4

Business Strategy - Essay Example Here it is essential to note that Bord Gais has a wide range of options to choose from in terms of the suppliers. Hence if one the arrangements with the suppliers do not work effectively, the company has a choice to change over the suppliers. Considering the threats of the new entrants, it is clear that the company has built a strong brand image for itself and has also been able to effectively retain its customers by staying in track with the latest market changes and requirements. Hence here the company faces Low to medium levels of threats. Although new entrants can enter into the markets, the company’s current customer base as well as the goodwill will permit Bord Gais to effectively fight against the newer entrants. The company however faces a High and Very High levels of threats in terms of the substitute products and the rivalry respectively in the current markets. The current trend in the markets where customers are opting for the ‘debt hopping’ option, the rivalry and substitute products prove to be a major level of threat for the company. However although the company does lose out on customers, they do gain customers who have hopped from other companies as well. The above figure provides a clear overview of the threats faced by the company and the intensity of the threats has also been displayed. The strategic group analysis helps the management to gain a better idea of the direct competition for the company. Here the main competitors for Bord Gais are: a) Mott MacDonald Group Limited, b) Papierfabrik Palm GmbH & Co. KG, c) Tembec Inc., d) Mainstream Renewable Power Ltd., and e) Phoenix Natural Gas. The figure below provides a clear view of the position of each of these companies in terms of each other and their strategies. It is essential to note that not all of the above mentioned companies act as direct competition to Bord Gais as this is determined more so by the size and the market position of the companies (Kotler, Keller,

Decision in Paradise part III Case Study Example | Topics and Well Written Essays - 1250 words

Decision in Paradise part III - Case Study Example Given the technological opportunities available to the company, it is believed that it would be in a position to make a significant contribution to the economic rehabilitation and restructing in the island, Kava. The company which employs Nik has a large organizational structure and a wide capital base which could take care of the massive investments needed in Kava, both in terms of preventive and rehabilitation interventions, mainly intended to enhance the standard of living of the people, through improved use of natural resources. Besides effective and result-oriented executives like Nik, the company also possesses the expertise of the technical savvy and widely experience Director of Strategic Planning, Alex, who is familiar with all aspects of life and living on this island. (Strategies in Decision Making). Moreover, the local government and the military would also be in a position to extend the needed support and guidance to the company. While the cultural aspects are, no doubt, important, it is imperative that the company is able to harness the potencial of the local natives, through vocational guidance, counseling and training, in order to make them productive and utilize the natural resources and wealth for the benefit of the natives, through the organizational and technical skills of the company. In order to further reestablish and consolidate its position, it is necessary to improve the skill sets of the natives and translate it into profits for the company. The profits that accrue to the company could be partly utilized for welfare schemes for the natives, and for investments in advanced technologies that would bring quicker and larger profits for the company in the future. For attaining this, the company also needs to take into close confidence the religious and social groups functioning in the island, so that socio-economic developments could be translated into economic gains for the country.Action plans needed for implementation of the decisions: 1. Since the island Kava is susceptible to natural calamities and disasters, it is first of all necessary to set into place an effective Disaster Management Program Committee to effectively address and counter these issues. This committee would comprise of international experts on natural calamities and would also have sub-committes having functional heads, on various important aspects like funding, administration, training and losses assessment, rehabilitation and Recovery. It is necessary that these committes report regularly to the company and are well managed and supervised by it. The