external environmental analysis is done using PESTEL analysis followed by Porters Five forces and Industry Life Cycle. The key drivers affecting IHG are determined by PESTEL. The internal environmental analysis is done using Resources and capabilities‚ VRIN and Value chain analysis. Annual reports are used to measure current strategic position of IHG. SWOT analysis is used to summarise the environmental analysis of IHG followed by Critical analysis to determine IHG’s current strategic position. Conclusions
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questionnaire finding 2.3 Conclusion Theory regarding porters 5 forces framework 3.0 Introduction 3.1 Porters five forces diagram 3.2 Analysis of Porters five forces 3.3 Past analysis of Ryanair 3.4 Conclusion Application of SWOT analysis 4.0 Introduction 4.1 SWOT analysis for Ryanair 4.2 SWOT analysis for Aerlingus 4.3 Conclusion Appendices Figure 1.0 Personal reflection Progress reports References Primary Research 1.0 Introduction: As part of our primary research
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it must not only have resources and capabilities but also have a firm control over it and they must meet certain basic criteria such as being: valuable‚ rare‚ inimitable and non substitutable such that it is impossible to be copied or replicated (VRIN). Although a resource based view strategy sounds like the better way to go‚ others have wondered if this approach is at all necessary or bring any more insight than the traditional understandings into a successful strategy to survive and thrive into
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Strategic Management SIM336 Leadership and Organisational Strategic Change. Student A Student No. xxxxxxxxxx Module Leader: Derek Harwood Hand In Date: 13th January 2012 Word Count. 3047 Contents Pages 1.0 Introduction ....................................2 2.0 Introducing Michael O’Leary and Stelios Haji-Ioannou ............2 2.1 Application of theory to O’Leary and Stelios analysis ............3 2.1.1 Philosophical strategic approach ...........
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6. What are the key success factors in the European airline industry? ---When addressing this question we find it worthwhile to remind students that a KSF is what any firm in the industry must do to be successful. Based on this definition‚ the following KSF’s apply to the European airline industry: (1) A reputation for safety – This is a fundamental KSF for any segment of the airline industry. If a firm is not viewed as safe by potential passengers‚ they will not use the carrier. (2) Offering
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international circuits without realizing the profits in domestic arena. Airports Ryanair: alternative airports for major cities and servicing airports in small cities reduced landing fees and efficient operations. SW: small airports closer to major cities; also began to enter to primary airports. SIA: major international airports. KFA: moved to expensive new terminals in Delhi and Mumbai. Route structure Ryanair: discourages connections‚ and will not accommodate passengers who book two separate
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1. In the book “Management and Creativity” (Bilton‚ 2007)‚ Wilson and Cummings define strategy as two distinctive approaches; strategy as position and strategy as process. The former‚ also referred to as strategy as orientation‚ takes a more top-down approach and is concentrated around a single leader. It attempts to establish a strategic position that will serve as a basis for differentiation‚ which is commonly seen as original and innovative. However‚ a successful implementation of the strategy
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Ryanair Analysis Section A. 1. Analysis of the Business Environment In order to analyze the airline industry‚ we need to conduct the PESTEL Analysis. Political and Legal - Regulations for the air travel industry are getting even more stringent. The European Union authorities demand that airlines operate in an open‚ transparent manner. Any state subsidies to airline companies are prohibited in order to make working conditions equal to anyone and to boost competition in the industry
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Note: Solve any 4 Cases Study’s CASE: I Playing to a new beat: marketing in the music industry Good old fashioned rock ‘n’ roll could be dead. If a mobile phone ringtone in the shape of the vocalizations of the animated Crazy Frog dominates the billboard charts for months on end‚ then it could well signal the death knell for the industry‚ and how it operates. If this ubiquitous amphibian’s aurally annoying song‚ converted from a mobile phone ringtone‚ outsold even mainstay acts such as Oasis
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ARTICLE IN PRESS Journal of Air Transport Management 11 (2005) 259–272 www.elsevier.com/locate/jairtraman Passengers’ perceptions of low cost airlines and full service carriers: A case study involving Ryanair‚ Aer Lingus‚ Air Asia and Malaysia Airlines John F. O’Connell George Williams Air Transport Group‚ College of Aeronautics‚ Cranfield University‚ Bedfordshire‚ MK43 OAL‚ UK Abstract Direct competition between full service airlines and no-frills carriers is intensifying across
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