StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Phillips Matsuhisha case analysis - Essay Example

Cite this document
Summary
PESTLE Analysis, SWOT as well as Porter’s five forces can be used as management tool to analyze and identify issues in the case. PESTLE will be more appropriate in terms of explaining and identifying the external causes of the changes that took place over the period of time…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Phillips Matsuhisha case analysis
Read Text Preview

Extract of sample "Phillips Matsuhisha case analysis"

1. PESTLE Analysis, SWOT as well as Porter’s five forces can be used as management tool to analyze and identify issues in the case. PESTLE will be more appropriate in terms of explaining and identifying the external causes of the changes that took place over the period of time within both the companies. Over the period of time, not only political changes forced the restructuring within these companies but also other factors such as technological changes also forced companies to reconsider their options.

SWOT as a tool is critical too because it allow organizations to evaluate their strengths and weaknesses against the external threats and opportunities. One of the strengths of SWOT lies in the fact that it is easier to use and provides a comprehensive analysis of the key drivers of changes that organizations must take into account to deal with the emerging changes. Further, Porter’s five forces is also one of the most effective management tools to use as it provides a very comprehensive overview of the different factors affecting the firm at the same time.

What is also important to understand is the fact that Porter’s five forces provides an opportunity to analyze the factors which are unique to each industry or firm thus each firm can tailor its strategies according to relative influence of each factor its success and failure.2. The facts provided in the case study indicate that there are various symptoms which are leading towards a common cause of the problem. What is critical to note here is the fact that both the companies made changes into its organizational structure and refocused their strategic direction due to changes taking place externally i.e. most of these changes were reactive rather than proactive therefore strategic management at both the companies was relatively weak and reactive.

Thus what were corrected during all this period were the correction of symptoms and not the correction of actual root cause of the problem.3. Ford is one of the companies which faced extreme volatile market conditions in the wake of current credit crunch and have to face the ultimate reality. Since 2006 it was not only slashing its number of employees but was closing its plants too.1 Similarly, HSBC’s US operations also suffered huge losses due to market conditions and inability of the bank to anticipate the changes taking place in the market.

HSBC’s mortgage portfolio in US suffered huge losses due to too much focus on short term gains rather than focusing on delivering long term value.2 Kodak was once a pioneer in its industry however; it is also facing the tough competition from different sources and as such struggling to reclaim its lost legacy. Over the period of time, it has struggled to meet the rapid innovative change due http://www.businessweek.com/magazine/content/06_48/b4011421.htmto its bureaucratic style of management and lack of anticipating the future strategic changes that took place especially with the introduction of digital camera.34. In order to overcome the problems, it is important that both the firms must learn to be proactive in nature.

Anticipating the changes that are going to take place in future is the key to success and management must develop abilities to be more proactive.

Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Phillips Matsuhisha case analysis Essay Example | Topics and Well Written Essays - 500 words”, n.d.)
Phillips Matsuhisha case analysis Essay Example | Topics and Well Written Essays - 500 words. Retrieved from https://studentshare.org/miscellaneous/1556657-phillips-matsuhisha-case-analysis
(Phillips Matsuhisha Case Analysis Essay Example | Topics and Well Written Essays - 500 Words)
Phillips Matsuhisha Case Analysis Essay Example | Topics and Well Written Essays - 500 Words. https://studentshare.org/miscellaneous/1556657-phillips-matsuhisha-case-analysis.
“Phillips Matsuhisha Case Analysis Essay Example | Topics and Well Written Essays - 500 Words”, n.d. https://studentshare.org/miscellaneous/1556657-phillips-matsuhisha-case-analysis.
  • Cited: 0 times

CHECK THESE SAMPLES OF Phillips Matsuhisha case analysis

Financial Management Degree

I.... In a takeover bid, a business may wish to adopt methods such as cash, loan or share exchange.... Discuss the merits and demerits of each of these methods from the viewpoint of (a) the bidding business shareholders, and (b) the target business shareholders. … Cash purchase provides both advantages and disadvantages to both the bidding business shareholders and the target shareholders....
12 Pages (3000 words) Case Study

The Rise of Philip as the Leading Consumer Electronics in the World

The present case study "The Rise of Philip as the Leading Consumer Electronics in the World" highlights that today's business environment has increasingly become more turbulent, chaotic and challenging than ever before.... nbsp;To survive, it is vital that a firm can do something better than its competitors....
10 Pages (2500 words) Case Study

Philip Morris USA v. Williams

Williams” the author discusses the case of Williams who was the widow of a man who was a chain smoker for the last four decades, smoking three packs of cigarettes daily and eventually died due to lung cancer in the year 1997 at an age of 55 years.... The Court had to decide that if compensatory and punitive damages are made out in the case and if they are maintainable and to be awarded then to what extent.... The case had been in the litigation process for ten years....
2 Pages (500 words) Case Study

Philips Maps Out a New Direction

Philips Maps Out a New DirectionPhilips: A Need for Change:The case presents a strategy undertaken by Philips CEO Gerard Kleisterlee to reorganize and refocus the operations and business units of the company.... As is mentioned in the case, Philips faces problems when it comes to brand recognition, as Philips products are marketed in North America under a variety of names....
2 Pages (500 words) Case Study

Marketing Case Philadelphia Phillies

Using the 4 Ps analysis, services will also differ with products, specifically in terms of promotion and sales.... How does marketing the “quality” dimension of the Philadelphia Phillies differ from marketing a consumer product such as a breakfast cereal or a cake mix?... This question asks you to consider the unique aspects of marketing a service versus a tangible product in the… The relationship marketing can be observed in both the tangible products such as toothpaste and soap and the intangible products such as the Philadelphia Phillies....
4 Pages (1000 words) Case Study

Analysis of Brians and Alberts Tort Case and Jamess Dismissal and Subsequent Recourse

this paper is an analysis of what happened and: i) what the outcome should be for the injuries sustained by Brian and Albert at the skating rink on 29th October; and ii) what the implications are for the dismissal of James.... In one case of product liability, “[an individual] helped his mother attach [a] product to his younger brother's pushchair....
8 Pages (2000 words) Case Study

Problems that NASA Encountered during Its Decision-Making Process

government formed the National Aeronautics Space Administration (NASA) in 1958 as a response to Soviet Union's launch of Sputnik.... The initial rationale for the establishment of NASA was to offer civilian exploration services, but the program was later dominated by the… Eventually, the government started using NASA to establish its dominance over the Soviet Union in the field of space exploration....
5 Pages (1250 words) Case Study

Strategic Management of Philips NV

The case of Philips NV stands as a burning example of what an organisation's apathy in implementing change in accordance with the environment can do to erode its very existence.... This case can be used to study the implication of various factors that are responsible for the decline of an enterprise.... The current topic will aim at shedding light upon this domain from the perspective of phillips – the Amsterdam based electronics behemoth....
11 Pages (2750 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us