PESTLE and Porter's Five Forces Analysis of Marks and Spencer
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This presentation provides an analysis of Marks and Spencer using PESTLE and Porter's Five Forces frameworks. It covers the key drivers of change and how they impact the organization.
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2 Table of Content •Introduction •Porters five forces •Pestle Analysis •Key drivers of change •Conclusion •References
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4 Introduction Every business organisation is neededtomanagetheir resourcesinaneffectiveand efficientmannersothatthey can face the competition. These resources should be utilised in a effective way so that they yield better results. There are various frameworksthatcanhelpin identifying the factors that can impact adversely and lowers the performanceofthe organisation. This project report is based on MarksandSpencer,a multinationalfoodchain groceryretailstore, headquartered in London, UK (Hongcheng,andJunchao, 2020). This PPT will cover the porter's five forces along with PESTEL analysisinorderto identify the competitiveness in the market. In addition to that it willalsoincludehowitcan impact on business organisation with the key drivers.
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6 Porters Five Forces •Competition in the industry •Potential of new entrants •Power of Suppliers •Power of customers •Threats of substitute It may be defined as the framework tool that vis used to analysetheoperatingenvironmentofabusiness's competition. These five forces can be used to direct the business strategy in order to increase the competitive advantage. They are used in understanding both corporate strategy and industry structure. It has been analysed that thesefiveforcesarenon-deniablethatcontributesin shaping the market and industry. Click icon to add picture
7 PESTLE Analysis •Ithelpsinconstructivecorporate strategy for business by telling the pros andconsofanexternalfactors.the contextofM&Sthefactorswhich influence the business of a company. •Political •Economic •Social •Technological •Environmental •Legal Click icon to add chart
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8 Key drivers of change In order to manage the growth and the general adequacies key drivers are the most important element as this helps inmaintainingthegrowthandthe general production of the company. this generally helps in progressing the general operations and the positions with which the transparency and the performance pf the company can be obtained.
9 Conclusion From this above PPT it is showcased that, it is important to evaluate the external and the internal models as it analyse the current changes in the market and also the requirements with which the company can hinder and make optimum changes. PESTLE and Porters five forces evaluates the macro environmental factors through which the core strength and the weakness of the company can be addressed and managed.
1 References •Bhattacharyya, S.S. and Thakre, S., 2021. Coronavirus pandemic and economic lockdown; studyofstrategicinitiativesandtacticalresponsesoffirms.InternationalJournalof Organizational Analysis. •Boateng, R. and Sarpong, M.Y.P., 2019, June. A literature review of mobile payments in Sub- Saharan Africa. InInternational Working Conference on Transfer and Diffusion of IT(pp. 128- 146). Springer, Cham. •Hongcheng, W.A.N.G. and Junchao, C.H.E.N., 2020. Research on the Land Consolidation Strategy of Dalian City Based on PESTEL Analysis Model.Meteorological & Environmental Research,11(4).