BA462-Strategic Manament – Case 1 September 19‚ 2013 After taking in depth tour of Rogers’ Chocolate‚ one may find many strengths and weaknesses in terms of the company’s strategic managements. This case analysis is written to figure out the company’s weaknesses by decomposing company’s current circumstances and strengths by integrating components of strategic management. Good strategic plan is derived from using an
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EXECUTIVE SUMMARY Mr. Steve Parkhill‚ president of Rogers’ Chocolate‚ has been faced with the challenge to double or triple the size of the company within 10 years. Ideas for growth have already been presented by the board‚ and these include franchising‚ online business‚ corporate gift market‚ and focusing on the 2010 Winter Olympics in Vancouver‚ British Columbia. It was suggested to focus its efforts outside of British Columbia‚ but there is no guarantee that they would have the same success
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Key Issues There are multiple issues facing Rogers’ Chocolates. Rogers’ has a dated value proposition. In order to expand they need to compromise the history behind the brand. The service tactics and packaging is old fashioned. The need for a different look was further backed by a consultant hired by Rogers’. Their current traditions may be well received in Victoria but they aren’t working to fully expand markets. Rogers’ brand image was tarnished due to the import of raw materials from
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Roger’s Chocolates | | | Case Analysis | | | | Table of Contents External Analysis A. Chief Economic Characteristics 3 B. Five Force Analysis 8 C. Driving Forces 10 D. Overall Attractiveness of Industry 13 E. Group Map 15 Internal Analysis A. Identification of Business Strategy 15 B. Financial Analysis 17 C. SWOT Analysis 19 Test of Winning Strategy A
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CONSULTANT(S): CONSULTING FIRM: CASE: Rogers’ Chocolates PROBLEM: The Board of Directors have given direction to the new President‚ Mr. Steve Parkhill‚ to triple the size of the company within ten years. Mr. Parkhill is required to devise a strategy that would fit the company’s culture‚ and then gain the support of the board‚ the management team and the employees. SWOT ANALYSIS: Strengths Well-known Product Recognized since 1885 Good Reputation Amongst Customers Established Marketing
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Introduction Rogers’ Chocolates is Canada’s oldest chocolate company and British Columbia’s second oldest company. Steve Parkhill‚ the new president of company is expected to double or possibly triple the size of company within the next 10 years. In the chocolate candy industry‚ Canada’s market size was $167 million and growing 2% annually. Although the growth rate in the chocolate industry is falling as a whole‚ large companies such as Hershey & Cadburys are moving into the premium chocolate market and
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Introduction Rogers’ Chocolate is on a mission to have the company double or triple its size within 10 years. An analysis will be performed to figure out a strategic plan where Rogers’ Chocolate will be able to grow‚ and maintain their image of providing premium chocolates. The issue facing Rogers’ Chocolate is how they will be able to gain new customers and sustain their current customers. To give a thorough analysis‚ I will identify and explain the strategic issue‚ present the results of the analysis‚ and
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“Rogers Chocolates” Introduction Premium Chocolates are like Imported Roses which not consider necessities for one life. People love to have or get one of those products. However‚ if there isn’t a special occasion or surplus cash‚ some people will not buy that unnecessary stuff. In Canada‚ premium chocolates were growing at 20 percent annually and the Canadian market size for Chocolates was US$ 167 million in 2006. An attractive growth from premium chocolates makes the current player like
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Case Study #1 (Roger’s Chocolates) 1. The premium chocolate industry is changing dramatically with the growth rate in the chocolate industry falling as a whole‚ other traditional big name chocolate companies like Hershey’s and Cadburys are moving more towards the premium chocolate industry. The premium chocolate industry growing 20 percent annually and with the baby boomers purchasing more chocolate‚ they put are putting great emphasize on quality and brand when they purchase their chocolates
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EXTERNAL INDUSTRY ANALYSIS The overall chocolate market in Canada was finding itself in a slow-growth environment with only 2% annual growth projections after 2006 and the industry as a whole had been experiencing a decline in growth. The chocolate market has two distinguished sectors – lower quality‚ more affordable mainstream chocolate and premium‚ higher cost chocolate. The lower quality sector was performing poorly‚ whereas the premium sector was experiencing growth around 20% per year‚ leading
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