Preview

Strategic Management

Good Essays
Open Document
Open Document
1252 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Strategic Management
Strategic Plan

Organization Mission GM Holden is seeking to passionately innovate home appliances products, which will satisfy our customers for a reasonable price.

Organization Vision GM Holden vision is to be one of the world leaders in motor and appliances while still ensuring that our customers lifestyle are enhanced by our products.

Organizational values The organization values the following;
Integrity, where the organization values honesty in all of its processes in the organization
Teamwork, the organization values team work as we believe performance and ideas has better results once perform in groups
Customer feedback, the organization values customers and their feedback, as we believe that feedback, whether it is positive or negative, is a mean for organization to obtain improvement.

Strengths & weaknesses of existing and potential competitors and allies

The strengths that they hold are;
The competitors have more experience in producing home appliances products when compared to the GM Holden.
The competitors have great reputation in home appliances products they have customers base who would be loyal to their brand.
They have access to more resources; have a team who are more experienced in the home appliances field who can promote constant innovation of the product.
Their weaknesses are that;
Most of their products are mostly expensive, and become almost unaffordable for large group of customers
Each brand of competitors have the same idea that all products are looking too similar or even the same

SWOT Analysis
Key Strength
Strengths
Importance
- 1. Holden develops and creates great car

engines, which they have been doing for a number of years
- 1. This is really important as

Holden should utilise this in the development of their fridge
- 2. As of 2013, Holden are receiving twice as

much

You May Also Find These Documents Helpful

  • Powerful Essays

    MBA Foundations Copy

    • 1583 Words
    • 8 Pages

    owners have found that demand for their product has outstripped their ability to supply it. They…

    • 1583 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    In the past five years, all of the domestic and global car manufacturers were struggling with the contraction of car demanding. Due to the fears of the future economy, customers postponed to purchase new vehicles in the world. In Australia, smaller and more fuel-efficient cars started to be the first choice for the local consumers while the main stream of the market is second-hand vehicle. Because of these reasons, the sales value of the core products of Holden which traditionally known as large, powerful and fuel-inefficient are declining (Ibisworld 2013).…

    • 1593 Words
    • 6 Pages
    Powerful Essays
  • Satisfactory Essays

    Holden Monaro

    • 417 Words
    • 2 Pages

    The main target is with loyal customers who have brought Holden vihicles in the past, but this marketing plan is aimed at getting the fuel conscious on side, who have never considered buying a V8 due to the amount of fuel consumed by the 6.0 ltre engine capacity. This specific market segment is our ideal target market and now with the cylinder deactivation technology incorporated into the range, consumers can breathe easier when it comes to fuel consumption. The most likely market segment would be the demographic segment of men between the age of 30 and all the way up to 65. These men would certainly have to be wealthy, seeing as the base price for a Monaro would be roughly $60,000. The other segments they are targeting are the environmentally conscious consumers and possibly gain greater interest from the female market by introducing new colour range.…

    • 417 Words
    • 2 Pages
    Satisfactory Essays
  • Best Essays

    Gm Volt Essay

    • 3721 Words
    • 15 Pages

    Our goal is to achieve 100% customer satisfaction so our focus will be on product quality; The Chevy Volt, an advanced technology with standard equipment features. We will be the first automobile company to enter this specific industry so to take advantage of our launch of the most fuel efficient car that we will do substantial promotion to gain maximum market share before any competitors arise.…

    • 3721 Words
    • 15 Pages
    Best Essays
  • Powerful Essays

    Lowes Industry Analysis

    • 2516 Words
    • 11 Pages

    * Two of the largest competitors (Home Depot and Lowe’s) have equal market share and the remainder is consumed by a host of small competitors…

    • 2516 Words
    • 11 Pages
    Powerful Essays
  • Satisfactory Essays

    What separates us from all of our competitors is first and foremost the prices we charge. We also have a wide variety of high end appliances on offer from top brands including…

    • 311 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Home Depot is known by consumers as one of the world’s largest home improvement companies in the world. Home Depot specializes in what customers need for their homes. Lowes is one of Home Depot biggest competitors. Home Depot competes with companies such as Lowes in order to stay atop of the competitive home improvement competition. Companies such as Lowes try to stay competitive with Home Depot, in order to stay on top of the home improvement industry. Home Depot size creates a low-cost position that offers a controlling competitive position in the market. The company's scale generates significant bargaining power with vendors in terms of products, advertisement and rent, among other things. The company looks at ways to establish the customer…

    • 151 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Holden Marketing Mix

    • 1774 Words
    • 8 Pages

    Holden's Vehicle Operations produce 45 variants from two architectures, including HSV, from six vehicle body styles for domestic and export customers. For the Australian market, the facility produces the Commodore V6 range of sedans, Sport wagon and Ute together with Caprice and Caprice V long-wheel base luxury vehicles and the Cruz global small sedan and hatch.…

    • 1774 Words
    • 8 Pages
    Good Essays
  • Powerful Essays

    Tmh(Kpmg

    • 2879 Words
    • 12 Pages

    The retailing of manufactured homes is a highly competitive industry, where new players can constantly enter due to the low barriers of entry and forced to leave due to the fierce competition. Therefore, the merger of small companies has become a new trend in the industry so as to expand companies’ size to compete with the larger competitors. Companies involved in this industry not only compete with each other, but also compete with businesses that deal with other forms of low-cost housing, such as rental housing and conventionally built homes. The competition between businesses is mostly based on price, product features, reputation for quality and service, depth of inventory, merchandising, warranty repair service, terms of retailer promotional programs, and terms of retail customer financing.…

    • 2879 Words
    • 12 Pages
    Powerful Essays
  • Satisfactory Essays

    The two organizations which will be used for comparison are Best Buy and Fry’s. Both companies offer installation on the home theater products each…

    • 496 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    random things

    • 1371 Words
    • 6 Pages

    we are better able to deliver the performance and quality of our products the market…

    • 1371 Words
    • 6 Pages
    Satisfactory Essays
  • Powerful Essays

    | Keen competition with big competitors as they account for the lion’s share of the market…

    • 1943 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    In Your Own Words

    • 1184 Words
    • 5 Pages

    In making a stronger commitment to our customers, General Motors will make more fuel-efficient vehicles by building vehicles that get 30 mpg or more. We will produce a pug in vehicle by the name of the Chevrolet Volt, which will show our consumers and potential consumers we are innovative. The Chevy Volt, with its core technology that will drive a higher volume for electrification of automobiles and we also will be expanding our selling to China and Australia, giving our competitors something to scratch their heads about. Additionally, we want to deliver best quality vehicles and this is a major cornerstone of true commitment to our valued customers.…

    • 1184 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    "The US Major Home Appliance Industry (1996): Domestic versus Global Strategies." In Wheeen, T.L., and J.D. Hunger. Idem.…

    • 3636 Words
    • 24 Pages
    Satisfactory Essays
  • Powerful Essays

    An obvious development in the retailing market of household appliances in China is the growing oligopoly of Suning Appliance Co and Gome. An oligopoly is a market where only a small number of producers dominate.…

    • 1027 Words
    • 5 Pages
    Powerful Essays