2. INTERNAL ANALYSIS (7S) McKinsey’s 7s framework will be utilized to analyze AirAsia’s internal environment. By using this framework‚ companies can understand their current situation and strategies so that they can improve company performance. Table 1 McKinsey’s 7s framework 2.1 Shared values The common shared value of AirAsia is to be the largest low cost airline in Asia by continually insisting on the development of the low-cost carrier model. AirAsia always tries
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Dangers of Parabens in Beauty and Body Care Products Problem with Parabens 30 companies‚ amongst then L’Oreal‚ Oriflame‚ Revlon‚ Lancome‚ Yves St Laurent‚ Vichy‚ Maybelline‚ Molton Brown and the Body Shop‚ will not commit to removing parabens from their products In contrast a recent report from the Danish Consumer Council show that What is a paraben? Parabens are a group of chemicals used as preservatives in lotions‚ conditioners‚ shampoo‚ deodorant and even food and drinks. This material
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The 7s model is only a theory The 7s Model was introduced for the first time in 1981‚ by Richard Pascale and Anthony Athos. McKinsey‚ an American consultancy bureau‚ adopted the model‚ used it frequently and made it one of the best-known management models in the world. The 7s Model stands for seven aspects where an organization should pay attention to‚ in order to function successfully: Staff‚ Style‚ Structure‚ System‚ Strategy‚ Skills and Shared Values. These 7 aspects have to support and
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center of sustainability. (n.d.). Retrieved august 27‚ 2012‚ from http://www.centerforsustainability.org/: http://www.centerforsustainability.org/resources.php?root=96&category=96 loreal. (n.d.). Retrieved AUGUST 29‚ 2012‚ from http://www.loreal.com: http://www.loreal.com/_en/_ww/html/our-company/company-overview.aspx lOREAL sustainable development. (n.d.). Retrieved august 29‚ 2012‚ from http://www.sustainabledevelopment.loreal.com/: http://www.sustainabledevelopment.loreal.com/DD/default.aspx quebec
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6. Strengths‚ Weaknesses‚ Opportunities and Threats STRENGTHS • Percentage penetration of fragrances and some cosmetics‚ particularly lipstick‚ is high. • Many women use more than one fragrance. • There is a high brand loyalty but a willingness to try new products. • The leading competitors are huge multinationals with the necessary resources to spend on research‚ development and advertising. • Either from vanity or insecurity‚ many consumers readily succumb
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In the book counting by 7s‚ by Holly Goldberg Sloan‚ one of the big themes is that everyone changes‚ for better or worse. This big theme is supported by the incredibly constant‚ lifelike character development. A part of this theme about everyone changing is that one person can have a big impact on others. Dell‚ the middle school guidance counselor‚ changes a lot. His outlook on life and his motivations are much different by the end of the book. In the beginning‚ he is a total slob; he is unorganized
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should do research to identify how the diversity program would bring necessary improvements to each country unit‚ not just to the corporation on the whole. Managers should be able to identify where the strategy fits in to their local framework‚ and how the framework needs the strategy in order to gain the competitive advantage in the local market. In L’Oreal’s case‚ as CEO Jean-Paul Agon illustrates‚ “the very nature of our business makes diversity absolutely vital”. Because L’Oreal is multinational
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competitive advantage and successfully compete in the market. What does a well-aligned strategy mean in 7s McKinsey model? In general‚ a sound strategy is the one that’s clearly articulated‚ is long-term‚ helps to achieve competitive advantage and is reinforced by strong vision‚ mission and values. But it’s hard to tell if such strategy is well-aligned with other elements when analyzed alone. So the key in 7s model is not to look at your company to find the great strategy‚ structure‚ systems and etc. but
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Empresa B2B: L’ORÉAL Situación del Mercado: La evolución del sector de productos de tocador‚ cosmética y perfumería mostró que durante la convertibilidad –tras la apertura comercial de los ’90 favoreció la entrada de empresas multinacionales y generó una alta concentración de las ventas en pocas firmas. Asimismo‚ el crecimiento ininterrumpido de las importaciones durante esos años‚ la reducción y posterior eliminación de los impuestos internos y el proceso de transformación de las vías de comercialización
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Principles of Marketing L’Oreal 1. The core‚ tangible and augmented products L’Oreal sells. The core product of the hair care products sold by the company includes the customers feeling good about themself after using the product. The tangible is he physical hair care product e.g. bottle‚ what the product claims to do for e.g. more shiny hair. 2 L’Oreal’s marketing managers have key branding decisions they must make. These include selecting a brand name and going onto getting a brand
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