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Business Analysis of John Lewis Partnership - Outline Example
Gender & Sexual Studies
Pages 10 (2510 words)
Introduction The John Lewis Partnership is renowned throughout the UK for holding several retail stores and providing assistance to small business owners interested in selling the products. The approach of the John Lewis Partnership is to create a main retail store then to allow suppliers and individuals to take part in the main initiatives for sales…
This paper will examine the methods that have been used by the partnership as well as how these have led to initiatives that have moved ahead of competitors in the UK. The several areas of analysis performed in relation to the John Lewis Partnership will provide insight into strategies which businesses can apply to begin to move forward in the retail sector. SWOT Analysis The relevance of the SWOT analysis is to work into new strategies that will help to monitor and change the aspects within the corporation. The main ideal is to work toward a sense of knowledge management which can be applied within the organization while moving forward with different strategies and approaches that are associated with the corporation (Zhiping, Yonghong, 2002). When looking at the strategies of the John Lewis Partnership, it can be seen that the strengths of the corporation should be a continuous feature. This is based on the diversity of products that are offered with the retail store, ranging from wine shops to business solutions and insurance (Felicitta, 2009). This diversity is followed by finding partners and small business owners that can tap into the retail store as a part owner. This allows the internal environment to have a spirit of entrepreneurship, while creating more opportunities for growth and support within the community. ...