Lululemon should have used the Five I’s strategic analysis stages: find the issue identification(s), find interested strategic stakeholders, find incentive of stakeholders, find information/objectives for the situation, and find a strategy to resolve the situation. The company should have identified the issue first. This stage could have helped the company deal with the situation. The problem at first was the yoga pants ended …show more content…
This involved a lot of steps like finding the power of the stakeholder, the urgency on the problem at hand, and determining the consequences of the problem. With this, every stakeholder has some people but some have more power than others. The suppliers don’t have a whole lot of power, next would be the employees, then stockholders, and then finally the most important would be the customers. The customers are the ones who can take the most actions against the company over the problem. The customers felt like they were lied to when they bought the yoga pants and were ripped off for some see through pants and the customers were offended when the found blamed the problem on them instead of putting the blame on