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Strategic Management JD Plc

   

Added on  2020-10-05

15 Pages3754 Words346 Views
STATEGIC MANAGEMENT
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Table of ContentsINTRODUCTION...........................................................................................................................1MAIN BODY...................................................................................................................................1PESTLE Analysis of JD sports Fashion Plc:..............................................................................1Porters Five Forces on JD...........................................................................................................3BCG matrix on JD.......................................................................................................................4SWOT Analysis of JD Plc..........................................................................................................5Diagram in theory:...........................................................................................................................6Explaining porter five force model.............................................................................................6Application to JD:100.................................................................................................................7How the five forces model works in reality or practice .............................................................7Conclusion.......................................................................................................................................8Recommendation.............................................................................................................................9REFERENCES..............................................................................................................................10
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INTRODUCTIONStrategic management can be described as continuous planning, monitoring and analysis ofassessments which is very important as well as necessary for JD Plc to achieve its objectives andgoals. The report will cover PESTLE Analysis, Porters Five Forces and BCG matrix of JD sportsFashion Plc. In addition to this, Bowman’s strategy, SWOT Analysis and Porter’s five forces isalso explained in relation to JD Plc. The report will also describe application of porter five forcesworks in reality and practice along with recommendations to improve its operations and otherbusiness activities to accomplish desired goals and objectives. MAIN BODYPESTLE Analysis of JD sports Fashion Plc:PESTLE analysis is a strategic tool for JD plc, which will help the company to analysethe macro environment of the organisation. Continuous changes in the market will have greatimpact not only on the JD sports plc but also on the whole retail sector of sports. The macroenvironment factors includes Political, Economical, Social, Technological, environment andlegal factors that can impact the JD sports fashion plc. It is important for the marketing team ofJD sports to make effective strategies in order to be competitive in retail market. Political factor:It plays a significant role in planning the strategies for JD Sports Fashion Plc's long termprofitability in certain country or market. As JD plc is operating in more than 10 countries, it hasto face different political environment and risk of that particular countries. Political factor mayaffect the survivability of the company (Kolios and Read, 2013). Some political factors thatshould be considered are:the current political instability in home country UK and EU because of Brexit areaffecting the growth and profitability of the company in UK and EU.Changes in taxation and manufacturing laws in different countries can affect thestrategies for production of the goods.The political conflict between nations, like increasing trading barriers in EU countries aremaking it difficult for import and export of goods.1
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