Group Presentation: Morgan Motors Business Analysis
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This presentation analyzes the business environment of Morgan Motors, focusing on issues faced, strategic proposals, impact on operations, RACE strategic framework, recommendations, and conclusion.
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INTRODUCTION Issues faced by Morgan Motors Strategic proposals focused on operations, networks and partnerships Impact of proposals on operations RACE strategic framework Recommendations of changes in operations CONCLUSION REFRENCES TABLE OF CONTENT
Thepresentationanalysesbusiness environment of Morgan motors where therearevariouspatternsand determinantsenabling us to analyse howmajorbusinesschangesare impactingbusinessscenariofor competitive development and growth within larger business avenues. INTRODUCTION
Motorandautomobilesindustryis globallytransformingontovarious parametersgloballywherenew technology framework , new referral technologyavenuesaimsto potentiallyenhancenewcreative working goals through which diverse paradigms of goodwill are enhanced rapidly within various parameters of competitive strength. CONT….
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The major issues faced by Morgan motor company can be analysed as follows: Morgan motor is not able to work with new functional innovation and use high tech technology framework where it has failed to come up with alternative fuel powered vehicles which will match current demands within consumer market share and for bringing on diverse keen factors of strengths within production. It needs to invest in this fundamental for creating higher diversetechnical efficiency for reaching upon global benchmarks, future potentialities and wide functional focus onto bringing on keen paradigms. Issues faced by Morgan Motors
Morgna Motors being small company has to focus onto building competitive expansion where higher investment is demanded in business and also for scaling up services through media advertising which will make promotion services fast with demands of consumers. CONT….
The Morgan Motor has threat of being taken over within consumers preferences by lafrge players which may hamper vision and control within businessparameters onto which thereshall be wide focus and competitive emphasis pertained for gaining new work synergy within goals. This can be understood by the fact customers within this dynamic competitive business world have demands for cars and engines which are environmental friendly, with new technology which has been highly on demandand alsogiving strong competition to Morgan Motor. CONT….
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The strategic proposalsfocusing on operations, networks and partnerships through which Morgan Motorswillbeabletoworkwithstrategic planning onto various problemsfor gaining on improvedeffectivedevelopmentandnew scenarioframeworkcanbediscussedas followed: Operational efficiency shall be actively enhanced by developing investments on new technology andbusinessinvestingfundamentalsthrough whichwiderbusinessopportunitiescanbe developed onto wider paradigms. Morgan motors shall actively focus to bring on diversecreativityandhightechbusiness expansion by working on electric vehicles where industry as whole shall be focused on Strategic proposals focused on operations, networks and partnerships
The network of business development can be actively done by focusing to bring on keen promotional and marketing activities where Morgan motors shall actively focus and build bon diverse paradigms onto which new functional wider customer segments can be reached on. CONT….
Partnership within business avenues globally holds strong place where companies are actively focusing onto building partnerships with new emerging brands to enter onto untapped business scope where there are various opportunities. It is analysed that partnership goals are actively focused to bring on wider reach amongconsumersbusinessparadigms,byleveragingwiderparadigmsand analysing various goals onto which there shall be active indulgence developed. CONT….
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The impact of most important and best proposals which have the strength and potentialitytofunctionallyenhanceMorganmotorspositionwithinglobal automobile industry can beunderstood with the following points which will develop higher functional ethics onto wider paradigms: Impact of proposals on operations
Morgan motors will be able to engage onto new factors of working strength where proposals will positively impact company profitabilitywithin business scenario where there is wide demand for bringingonkeenfactorsofnew marketingsynergyandproduction goals. CONT….
The proposal of new marketing and networking parameters will positively impact Morgan motors to be strongly active towards reaching wider consumer segments with enhanced working strength and new synergy goals which will promote wider functional ethics . Thiswillpositivelyworkontoproductionmarketingfundamentalswithin consumer metrics and new working operational goals which will build on new relative extension onto new paradigms. CONT…
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The Race digital marketing plan is one of the most used innovative marketing model ontowhichtherearewidebusiness parameters focused which will enable to yield onto wider goals for strong marketing performance within industry. The following 4paradigmsare discussedwhich areas follows: Reach:Thisfactorexplainsbuilding awarenessandfactorswithinbusiness scenario where online digital media holds widespaceandnewwebpresencefor gaining stronger scope onto yielding new goals which will potentially enhance wider paradigms of reach among customers within global metrics. RACE strategic framework
Act: Engaging and communication with audience on websites is highly important where this factor explains new scale digital marketing fundamentals for creating diverse goals and communicating onto potential new customer segments. Morgan motor shall reach onto new attracting, communicating strategies while working on actions within business world through which innovation shall be programmed further. CONT….
Convert: The conversion factor will focus onto bringing actioneffectivelyontocovertfundamentals throughwhichefficacyisdeterminedand visionformulateddiverselyontostronger actions through which profitability shall be enhanced widely. Morgan motors shall enter into new space of communication,newscalemarketingphase withnewscaledevelopmentbyusing innovative scale of services and also gain new goodwill parameters. CONT…
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Engage: This factor will focus onto engaging with customers by analysing various factorsofcommunicationand functionalgovernanceontowhere thereiswidescopefortechnical efficiency,higherpotential developmentasfocusedwithin consumer strengths. CONT…
OperationsatMorganmotor companyshallbefocusedfurther withuseoflatestmonitoringand workingmetricsontowhich innovationishighthroughwhich automobileindustryisactively heading to pertain onto higher goals andnewrelativegoodwillis developed. Recommendations of changes in operations
The brand shall also work for bringing on eco friendly engines and machinery where new scale governance shall be actively enabled to reach new competitive standards. The Morgan motorshall also build new partnerships with newbrands and companies through which new scale services will be focused for reaching wider consumer segments within world levels. CONT…
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The report can be concluded with detailed explanation about how various new workingefficiencyandoperationalgovernancewithnewinnovationand technology is highly importantthrough whichMorgan motor will be able to develop strong place within wide competitive industry. CONCLUSION
Report also concludes that use of digitalplatformsandpromotional avenues shall be actively focused for technical governance for gaining new effective arenas of actions onto whichconsumersarewidely competitively growing. CONT….
Bohnsack, R., Kolk, A., Pinkse, J. and Bidmon, C.M., 2020. Driving the electric bandwagon:Thedynamicsofincumbents'sustainableinnovation.Business Strategy and the Environment,29(2), pp.727-743. Chaubey, A. and Sahoo, C.K., 2019. Enhancing organizational innovation in Indian automobile industry.International Journal of Innovation Science. Füreder, F., 2019. Electric Mobility-Innovation and Growth Driver for the Plastics Industry.ATZproduction worldwide,6(4), pp.50-50. Halili,Z.,2020.Identifyingandrankingappropriatestrategiesforeffective technology transfer in the automotive industry: Evidence from Iran.Technology in Society, p.101264. REFRENCES
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Mustapha, A., Abubakar, A.K., Ahmed, H.D., Ndakara, I.A., Idris, A.M., Egigogo, A.R. and Abdulkadir, M., 2019, October. Problems and Prospects of Internet of ThingstotheAutomobileIndustryinNigeria.In20192ndInternational Conference of the IEEE Nigeria Computer Chapter (NigeriaComputConf)(pp. 1- 4). IEEE. Yu, X., Lan, Y. and Zhao, R., 2019. Strategic green technology innovation in a two- stage alliance: Vertical collaboration or co-development?.Omega, p.102116. Zhang, X., Ming, X., Liu, Z., Zheng, M. and Qu, Y., 2019. A new customization model for enterprises based on improved framework of customer to business: A case study in automobile industry.Advances in Mechanical Engineering,11(3), p.1687814019833882. Khan,M.T.andKumar,N.,2019.TechnologyEntrepreneurshipCapability Developmentin Indian AutomotiveIndustry.InAdvances in Interdisciplinary Engineering(pp. 561-567). Springer, Singapore. CONT….