Political
The political changes are likely to influence Whirlpool only insomuch it can affect the markets the company sells to , causing political instability that will wreak havoc in the economy . The company has already sustained , for instance , losses in South America - it can suffer more if the region experiences riots or major political upheavals
Economic
The organization is affected by the prosperity of people in the markets it targets that will translate into changes in both
replacement purchases and level of activity in construction companies
Economic activity will affect the relative weight of upscale brands such as KintchenAid as c compared to Frigidaire or Rapor brands
Social
Increase in importance of family values can drive sales up
Adolescents leaving home earlier can also contribute to sales revenue
Technological
Speed of innovation in electronic appliances
Possible merging of digital , information , and household appliances technologies
Environmental
Demands of environmental groups can affect manufacturing
Government regulations for environmental reporting
Legal
Safety issues in production that can cause lawsuits
Non-discrimination in the workplace
Safety of equipment usage
Strategic capability (CSFs , value chain , resources and competences
Critical Success Factors (CSFs ) of Whirlpool are
Operational Excellence
Marketing Power
The organisation has to preserve its advantage in the first , as proficiency in operations will drive its profits even in the face of stagnating or even declining revenues
On the other hand , it has to realize that in the contemporary market for consumer appliances , it fell behind competitors in terms of building the power of its brands , and now is the time to overcome this drawback
The value chain of an organization includes
Suppliers of Inputs Manufacturing Operations Sales and Marketing Logistics Distribution through Retail
In this chain , the