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Strategic Orientation of Business: Analysis of Bain and Company

   

Added on  2023-06-15

13 Pages4482 Words90 Views
Leadership ManagementPolitical Science
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Business strategy
Strategic Orientation of Business: Analysis of Bain and Company_1

Table of Contents
INTRODUCTION...........................................................................................................................3
PART-A...........................................................................................................................................3
PESTLE and SWOT....................................................................................................................3
Porter’s Five Forces model..........................................................................................................6
Potential competitive advantage..................................................................................................8
Tactical objectives to achieve overall strategic objectives..........................................................8
PART-B...........................................................................................................................................9
Types of strategic directions........................................................................................................9
Most appropriate growth platform/s and strategies...................................................................10
Chosen strategies.......................................................................................................................10
CONCLUSION..............................................................................................................................11
REFERENCES................................................................................................................................1
Strategic Orientation of Business: Analysis of Bain and Company_2

INTRODUCTION
The strategic orientation that is in the midst of an organisation to be one of the important
formulation that will have to be analysed to because the business is composed of several
challenges and it is not until when the organisation is strategic enough in order to move ahead
with the principles of work that it get to establish the standards. Any number of activities that are
happening in the organisation will have to make sure that the organisation is able to capture all
the policies of development and it is only then it can stand as a steady pace of unique conception.
Strategic business environment will also affect the choices of an organisation with respect to
internal and external entities that would encroach over the choices which will also help it to grow
more in terms of technological implementations as well as the pertaining varieties of the world
(Grab and et.al, 2019). One might not be able to deal with the extravagance of any strategic
orientation in the organisation unless and until the capability to control over the internal and
external process of development is particularly ensured. The entire report focuses upon strategic
orientation of business along with the formulations and techniques that are identified as a part of
its orientation. The report will also discuss about the internal and external factors along with the
competitive variations that are happening in the organisational context. The company that is
chosen in this regard is Bain and company. This organisation is one of the top most out of which
the operations are into deriving the marketing pace and helping organisation to accomplish their
goals. The strategic orientation of this particular organisation is included in this report.
PART-A
PESTLE and SWOT
The strategic business environment in the organisation would obviously depend over the choices
that are occurring externally as well as internally. The external factors that are pertaining with
respect to organisation play a predominant role by dealing with the circumstances of the
organisation because it is not until when the external factors are on a durable basis that the entire
place of the company will go ahead in terms of maintaining its strategic orientation (Oehlhorn
and et.al, 2020). The process of bringing forth the necessary measures would eventually have to
be applied by analysing external environment because it comprises of factors that are varied. The
external environment of the organisation would eventually be tackled by a tool called Pestel
analysis. The Pestel analysis stands for political economic social technological environmental
and legal factors that would contribute for the betterment of the organisation. When the external
Strategic Orientation of Business: Analysis of Bain and Company_3

analysis is done on a proper basis then it can be an added advantage for the entire organisation to
develop. While dealing with the consultation form it is always essential to aim for the external
factors because there will be several means of barriers that exist in the path of its growth.
Analysing in depth about the Pestel analysis is as follows:
Political factors: the first form of Pestel analysis are the political factors that would eventually
occur as a part of the organisation space with respect to the country and the existing law that is
enacted. Since organisation is operating in London which is in United Kingdom there are several
rules and regulations are cutting with respect to the government of United Kingdom. There will
be change in government policies as well as the sudden enforcement of different rules and
regulations that will impact the entire organisation. These rules and regulations food of an act as
a barrier for the growth of the company because it is operating in the new formulation and the
existing formulation when change to would obviously act as a barrier. What this it is always
essential for the organisation in order to make sure that the strategic orientation will have to be
pre-planned such that it can be applied as and when necessary (Straková and et.al, 2018).
Economic factors: there are several conditions that are pertaining with respect to the economic
policies. The taxation as well as different service policies are varying at different levels and that
would often contribute for being the barrier for the entire organisation. In a consultation form it
is therefore one of the important criteria in order to attain for economic policies to make sure that
it will not stand as one of the implication for its performance.
Social factors: the big leaves as well as the traditions would obviously rely on our different
social factors. The organisation acting in the societal format it is also essential to arrange for the
belief and the policies of people around. While dealing with the consultancy it is not every
individual perception to go for a consultation send their privacy issues and the ethical
considerations that are enacted. This is one of the important criteria where every individual will
not be accessed with the right set of formulations (Mio and et.al, 2020). The organisation in this
regard will have to develop strategies such that the social factors will not come in the way with
which the organisation is moving ahead.
Technological factors: technology is at the brim of being the best and therefore technological
factors are also oriented in such a way that would bring about profitable result. As a part of
existing organisational strategy the technological factors are very much important in order to
inculcate the digital format which will help the organisation to go online. Since there are several
Strategic Orientation of Business: Analysis of Bain and Company_4

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