This report analyzes Canada Goose Holdings Inc., a winter clothing manufacturer, through a SWOT analysis, PESTLE analysis, and stakeholder identification. It examines the organization's structure, employee motivation strategies, and provides recommendations for improvement.
Contribute Materials
Your contribution can guide someone’s learning journey. Share your
documents today.
RESEARCH AND ANALYSIS PART 2
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
TABLE OF CONTENTS SUMMARY.....................................................................................................................................1 SWOT.........................................................................................................................................1 Environmental constraints...........................................................................................................1 Stakeholders................................................................................................................................3 Organisational structure and design............................................................................................4 Motivating employees.................................................................................................................5 Recommendations.......................................................................................................................5 Controls and Recommendations.................................................................................................5 REFERENCES................................................................................................................................6
SUMMARY Canada Goose Holdings Inc. is a winter clothing manufacturer of Canada and designs, sell and manufacturer premium outdoor apparel for every category (men, women, children, youth and babies). This operates in two segments as direct to consumer and wholesale as well and offers jackets, vests, knitwear and accessories for winter, fall and spring seasons. The present report would be addressing implications to formulate strategies with SWOT analysis and environmental constraints would be extracted with Pestle analysis and biggest challenge to organization. Similarly, there will be identification of key stakeholders of this organization and formation of organizational structure and design. In this aspect, for purpose of motivating there employees there would be implication of motivating strategies and theories with specific action plan. Lastly, this project would give recommendations on basis of both Part I and Part II for improving the organizations SWOT On basis of identified strengths related to Canada Goose has presence of the best resources and capabilities for attaining unique service positioning in Canada and in neighbouring countries as well. It has presence in each product line so with this consideration, it would offer mostinnovativeaspectofcustomisedgoodswithin48hourswiththebestquality. Simultaneously, to be highly customer oriented service as they are offering customised products so apart from this, they could adopt customer oriented strategies such as resolving complaints and work on feedback by their customers as soon as possible (Abdel-Basset, Mohamed and Smarandache, 2018). For completing this task, they must invest in hiring personnel for customer relationship management. With context of opportunities as increment in online services, as with above service there order could be made online with minimum advance amount and offers discount on specific package of products which will lead to high sales. For purpose of protecting organization with threat of strong market player, as of this they will be offering unique service which might turn to increase in demand and apart from this, labours must be given the best facility for training and development for attaining skills and knowledge regarding their job role. Environmental constraints PESTEL 1
Political Political stability in exiting markets Governance systems Alterations in government policies Governmenttimescaleandresource allocation (Wiederhold and Martinez, 2018). Economic Downwardpressureonconsumer spending Availability of core infrastructure Economic cycles Efficiency of financial markets Skill level of workforce Social Power structure Leisure interests Attitude for health and safety Media outlets Technological InvestmentinResearchand development Empowermentofpartnerinsupply chain Decreasing cost of production Disseminationanddevelopmentof mobile technology Legal Environment laws and guides Data protection laws Health and safety norms Business laws Environmental Waste management Renewable technology Extreme weather Recycling Environmental norms The environmental constraints such as waste management as Canadian government come up with strict norms in urban areas as raises importance for Canada Goose. The environmental norms are also changing priorities for innovation of product so in this aspect, Canada Goose has designed its products on basis on environmental standards along with expectations instead of catering to tradition value propositions (Choi and et.al., 2018). Moreover, extreme weather has aggregates operation cost so it has to invest for flexible supply chains and recycling is emerging for adhering its expectations and regulations in Consumer Cyclical sector. 2
Secure Best Marks with AI Grader
Need help grading? Try our AI Grader for instant feedback on your assignments.
The biggest challenge is related to economic factors as skilled workforce but on the contrary, environmental factors had created opportunity for entering in segment of customised products. Stakeholders The key stakeholders within Canada Goose are employees, customers, suppliers, CEO and investors as well. The most important stakeholder of organization are customers and employees as with absence of customer they could not survive so with reference to every situation, needs of customers come first. Moreover, second priority is given to employees as they are one who deliver and create services and products that are consumer by customer. If customer's need are fulfilled by other company, then this will create competition to organization so for this context, employees should be efficient for best customer service. For purpose of retaining top talent employees at every level, terms and conditions offered must be very attractive (Mausumi and Rahman, 2018). Thirdly, suppliers, distributors and other partners of business as they have essential expertise in skills which one lacks. Then can give both positive and negative impact as if they properly perform and underperform respectively. 3
Organisational structure and design The above organizational structure is on basis of hierarchy structure within particular organization because organization is made up of various departments who are performing different roles. The topmost position is of chairman as initial set up and hiring other employees and then managing director who closely operates via every operation and functions of the organization. The organization is operating is unstable business environment as it possess capability for changing accordingly. There is presence of ability for process, distribute and analyse information and knowledge in very quick aspect. Henceforth, these characteristics are comprised in organic structure. Generally, this structure helps in communicating quick and effective through spreading information as it is done through departments and various functional areas which are integrated to each other. With implementation of decentralised decision making, employees with low ranking would have ability for undertaking important decisions and empower employees leading to better problem solving and creativity (Pedersen, Gwozdz and Hvass, 2018). Further, employees are encouraged for developing new products and creative problem solving and in Canada Goose it will play very efficient role for attaining success. 4
Motivating employees On basis of motivating employees, there would be application of Maslow's Hierarchy of needs as it relies on fact that people desire for increasing about attainments in life and their requirements must be prioritized as per importance. The initial priority of workers is all about survival and this is very hard for them for being motivates with unfair pay and if jobs are in jeopardy (Bauman, 2018). Pay, job security and benefits are very important but for motivating team work rewards are meaningful. These must originate both through company and work itself. Recommendations On basis of analysing Canada Goose, it has been recommended that they must incentivize suppliers for advance economic empowerment of women and even strengthen access to fund especially for women factory owners. It would provide major impact as, participate in through industry efforts which advocates for inclusive, responsible sourcing and sharing best practices. Simultaneously, they should invest in building capability of supplier along with empowerment programs and workplace training which would lead to skilled labour as they are very important for CanadaGoose because of giving customised productsand onlineservice which has requirement of technological advancement. In the same series, employees require change with time as for promoting workplace motivation, the effective leaders continually adapt to these alterations as per need. Controls and Recommendations Controls could focus on event prior, during or after a process. In this organization, there would be implication of concurrent and feedback control (Types of organizational control., 2019). Concurrent control is activity being performed and feedback control is activity has not yet performed. In this employee activity has been monitored ongoing for ensuring consistency with quality standards with reliance on performance standards, rules and regulations for employee behaviour and task with context to concurrent control (Haghighi and Pang, 2018). Further, feedback control engages to review information to identify that performance attain established standards as products are customised in 48 hours are not. It should be consistently monitored for 3 months and then plans must be designed as per schedule. 5
Paraphrase This Document
Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
REFERENCES Books and Journals Abdel-Basset, M., Mohamed, M., & Smarandache, F. (2018). An extension of neutrosophic AHP–SWOT analysis for strategic planning and decision-making.Symmetry.10(4). 116. Bauman, A. A. (2018). Online consumer trust research and Maslow's hierarchy of needs.International Journal of Electronic Customer Relationship Management.11(4). 315-331. Choi, T. M. & et.al. (2018). Used intimate apparel collection programs: A game-theoretic analytical study.Transportation Research Part E: Logistics and Transportation Review.109.44-62. Haghighi, R., & Pang, C. K. (2018). Robust concurrent attitude-position control of a swarm of underactuated nanosatellites.IEEE Transactions on Control Systems Technology.26(1). 77-88. Mausumi, N., & Rahman, M. (2018). Impact of Stakeholder Initiatives: Bangladesh Garment Industry.SCMS Journal of Indian Management.15(2). Pedersen, E. R. G., Gwozdz, W., & Hvass, K. K. (2018). Exploring the relationship between business model innovation, corporate sustainability, and organisational values within the fashion industry.Journal of Business Ethics.149(2). 267-284. Wiederhold, M., & Martinez, L. F. (2018). Ethical consumer behaviour in Germany: The attitude‐behaviour gap in the green apparel industry.International Journal of Consumer Studies.42(4). 419-429. Online Types of organizational control.2019. [Online]. Available through <https://www.cliffsnotes.com/study-guides/principles-of-management/control-the-linking- function/types-of-organizational-controls>. 6