Company Case MINI
Company Case MINI
Company Case MINI
ADMN 3126 - A
Algoma University
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The Memo
Date: 12/03/2024
To: Manager
Recommendation:
I recommend implementing a comprehensive strategy that mixes mini's heritage with modern
innovations and sustainability initiatives to create evolving customer preferences. This approach
aims to differentiate mini in the market, appeal to a wider demographic, and strengthen the
brand's image.
Action plan:
Conduct market research analysis: to gain insights into emerging trends, customer
preferences, and competitor strategies for informed decision-making.
Identify opportunities for differentiation and innovation: to innovate and differentiate
mini, attracting new customers and retaining existing ones.
Develop sustainability initiatives and eco-friendly practices: to align with consumer
values, enhance brand image, and appeal to environmentally conscious customers.
Integrate findings with brand strategy: to align market research insights with heritage,
modern technologies, innovation, and sustainability for a cohesive approach.
Contingency plan:
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Executive summary
Mini's brand identity and market positioning can be enhanced through a strategic blend of
heritage, innovation, and sustainability initiatives. Mini can effectively address changing
consumer preferences and establish its market position by utilizing these components. In this
report I will discuss how to enhance Mini’s brand identity and market positioning.
Recommended solution:
Action plan:
Key performance indicators (KPI’s): Measure progress through KPI’s such as sales
growth, market share, customer satisfaction ratings, and brand awareness metrics.
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Measurement tools: Utilize data analytics software and customer feedback platforms to
gather and analyze relevant data.
Measurement accuracy: Ensure accuracy in data collection and analysis to make
decisions. Regular audits and quality checks should be conducted to maintain data
integrity.
Frequency of measurement: Monitor KPI’s and feedback mechanisms on a monthly basis
to track progress and identify areas for improvement.
Maximum allowable deviation: Define thresholds for deviations from set KPI’s and
benchmarks. Any deviation beyond the acceptable limit should trigger corrective action.
Contingency plan:
Rapid response team activation: In case of unexpected challenges or deviations from the
plan, activate a rapid response team to address issues promptly.
Strategy adjustment: Adjust strategies based on feedback and market dynamics to stay
agile and responsive to changing conditions.
Flexibility in action: Maintain flexibility in alternative courses of action to adapt to
unforeseen circumstances or shifts in consumer behavior.
Transparent communication: Ensure transparent communication with stakeholders about
any changes or adjustments made to the plan, fostering trust and alignment with
organizational goals.
Conclusion:
In conclusion, our plan to improve MINI's brand and its place in the market by mixing its
historical roots, new ideas, and care for the environment is a strong chance for the company. By
using insights from the market, putting important plans into action, and keeping a good system to
check and adjust based on feedback, MINI can move forward in a changing world of what
customers want and boost its position against competitors. With a backup plan ready for any
unexpected problems and a promise to keep communication clear, MINI is on its way to reach its
goals and do well in the always changing car market.