Strategic Management for Aldi in Australia: Porter's Five Forces Analysis

Running head: STRATEGIC MANAGEMENT
Strategic management
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Table of Contents

1
STRATEGIC MANAGEMENT
Introduction......................................................................................................................................2
Five Forces analysis.........................................................................................................................2
Key findings and recommendations................................................................................................6
Conclusion.......................................................................................................................................7
References........................................................................................................................................8

2
STRATEGIC MANAGEMENT
Introduction
The report is prepared to focus on the development of business strategies and
management of those to ensure successful business functioning and generation of better revenue
in business as well. The business organization chosen here, as the case study is Aldi in Australia,
which is a supermarket chain offering good quality products and services to the customers for
fulfilling their needs and preferences. The strategic management allows for formulating various
strategies and implementing those to accomplish the business goals and objectives. The top
management is allowed to make decisions and undertake initiatives for managing the resources
properly and at the same time, assessing the international and external environments within
which the company operates. (Aldi.com.au 2018)
Five Forces analysis
The concept of strategic management is useful for making the business organizations
develop a proper vision and at the same time assess the internal and external environments. This
would help in creating value for the customers and provide various benefits to the stakeholders
as well. The corporate strategies are set for understanding the functionalities of the organisation
and determine where the company wants to be in the future. The strategic management would
allow the company to gain a better market share by promoting the products and services in the
market properly as well as adopt strategies that would the costs incurred while managing the
business operations and processes (Hair et al. 2012). The strategic management at Aldi has
helped in lowering the costs and managed proper design and architecture for delivering the new
products and services to the customers on time. The company’s best strategy is the cost