Choosing The Right Metrics For Listerine Brand Management in Brazil Case Analysis and Case Solution
Choosing The Right Metrics For Listerine Brand Management in Brazil Case Analysis and Case Solution
Choosing The Right Metrics For Listerine Brand Management in Brazil Case Analysis and Case Solution
In the first step, a growth path of the company can be formulated that
lays down its vision, mission and strategic aims. These can usually be
developed using the company history is provided in the case. Company
history is helpful in a Business Case study as it helps one understand
what the scope of the solutions will be for the case study.
The next step is of understanding the company; its people, their
priorities and the overall culture. This can be done by using company
history. It can also be done by looking at anecdotal instances of
managers or employees that are usually included in an HBR case study
description to give the reader a real feel of the situation.
Lastly, a timeline of the issues and events in the case needs to be
made. Arranging events in a timeline allows one to predict the next
few events that are likely to take place. It also helps one in developing
the case study solutions. The timeline also helps in understanding the
continuous challenges that are being faced by the organisation.
These are the threats that the industry faces due to new entrants.
It includes the threat of substitute products.
It includes the bargaining power of buyers in the industry.
It includes the bargaining power of suppliers in an industry.
Lastly, the overall rivalry or competition within the industry is
analysed.
This tool helps one understand the relative powers of the major players in
the industry and its overall competitive dynamics. Actionable and practical
solutions can then be developed by keeping these factors into perspective.
The internal resources of Choosing the Right Metrics for Listerine Brand
Management in Brazil are listed down.
Each of these resources are assessed in terms of the value it brings to
the organization.
Each resource is assessed in terms of how rare it is. A rare resource is
one that is not commonly used by competitors.
Each resource is assessed whether it could be imitated by competition
easily or not.
Lastly, each resource is assessed in terms of whether the organization
can use it to an advantage or not.
The analysis done on the 4 dimensions; Value, Rareness, Imitability, and
Organization. If a resource is high on all of these 4, then it brings long-term
competitive advantage. If a resource is high on Value, Rareness, and
Imitability, then it brings an unused competitive advantage. If a resource is
high on Value and Rareness, then it only brings temporary competitive
advantage. If a resource is only valuable, then it’s a competitive parity. If it’s
none, then it can be regarded as a competitive disadvantage.
Recognizing value creating activities and enhancing the value that they
create allow Choosing the Right Metrics for Listerine Brand Management in
Brazil to increase its competitive advantage.
The strategies identified from the Choosing the Right Metrics for Listerine
Brand Management in Brazil BCG matrix and included in the case pdf. These
are either to further develop the product, penetrate the market, develop the
market, diversification, investing or divesting.
The organization can penetrate into existing markets with its existing
products. This is known as market penetration strategy.
The organization can develop new products for the existing market.
This is known as product development strategy.
The organization can enter new markets with its existing products. This
is known as market development strategy.
The organization can enter into new markets with new products. This is
known as a diversification strategy.
The choice of strategy depends on the analysis of the previous tools used
and the level of risk the organization is willing to take.
This involves a detailed analysis of their actions and how these would
affect the future strategies of Choosing the Right Metrics for Listerine
Brand Management in Brazil.
It involves looking at the current market share of the company and its
competitors.
It should compare the marketing mix elements of competitors, their
supply chain, human resources, financial strength etc.
It also should look at the potential opportunities and threats that these
competitors pose on the company.
The case study analysis and solution, and Choosing the Right Metrics for
Listerine Brand Management in Brazil case answers should be written down
in the Choosing the Right Metrics for Listerine Brand Management in Brazil
case memo, clearly identifying which part shows what. The Choosing the
Right Metrics for Listerine Brand Management in Brazil case should be in a
professional format, presenting points clearly that are well understood by the
reader.