The Hour Glass Case Study

1. Based on the case study above, attempt the following questions : a. Identify and justify three strategies that have been implemented in the organization. From the case study given, The Hour Glass has been facing lots of tough time while they trying to be everlasting in the business world. In making the base of the company will going lasting, this company has been taking lots of the strategy in avoiding their business find the way to be doom in the upcoming years. So, there have three strategies that has been use the by the company in facing the problems. This strategy has been structured in decide, in making the impact of the company will be going advantages to the company soon. The first strategy that has been found in the case study, which is, The Hour Glass has been decide taking this decision as their strategy. Their first strategy is related diversification. The related diversification can be understand as the company has been adding the new diversification in their company and the diversification will be related with their products or services before. The implication by using this strategy in maintaining the company flows, which are, this strategy can make the company will be more understand the business really well. Other than that, the company will know the opportunities and threats that will the company facing in using this strategy. So, from that, the company also can predict the problems that will come in future by preparing to face it. This will puts the company in the save the condition, and on same time, the company is on trying to make the business runs smoothly. The proof has been seen that THG has been deciding to take this decision as their strategy in their business, that is, THG company has been started the business by retailing the watches. So, they structured the initiatives while facing the problem by incorporation with watch making business. This is Swiss, the luxury watches. This business has been changed THG from