Strategy Management - A Case Study of Volvo Trucks

   

Added on  2023-04-22

11 Pages2170 Words167 Views
Running head: STRATEGY MANAGEMENT - A CASE STUDY OF VOLVO TRUCKS
STRATEGY MANAGEMENT - A CASE STUDY OF VOLVO TRUCKS
Name of the Student
Name of the University
Author Note
Strategy Management - A Case Study of Volvo Trucks_1
1STRATEGY MANAGEMENT - A CASE STUDY OF VOLVO TRUCKS
EXECUTIVE SUMMARY
The following report dealt with the implementation of the strategic management tools on Volvo
Truck Corporation. The report discussed the various strategic management tools like the Ansoff
Matrix, the competitor analysis, the competitive intelligence, the GAP analysis, the McKinsey 7S
framework, the Porter’s Five Forces analysis, the scenario planning, the SWOT analysis and the
value net on the Volvo Truck Corporation.
Strategy Management - A Case Study of Volvo Trucks_2
2STRATEGY MANAGEMENT - A CASE STUDY OF VOLVO TRUCKS
Table of Contents
Introduction..........................................................................................................................3
Porter 5 Forces Model.....................................................................................................3
GAP Analysis..................................................................................................................3
Competitive Intelligence..................................................................................................4
SWOT..............................................................................................................................4
McKinsey 7S Framework................................................................................................5
Scenario Planning............................................................................................................5
Competitor Analysis........................................................................................................5
Ansoff Matrix..................................................................................................................6
Value Net.........................................................................................................................6
Conclusion...........................................................................................................................7
References............................................................................................................................8
Strategy Management - A Case Study of Volvo Trucks_3
3STRATEGY MANAGEMENT - A CASE STUDY OF VOLVO TRUCKS
Introduction
The following report deals with the implementation of the strategic management tools on
the organization that the given case study deals with. The report deals with the implementation of
the various strategic management tools like the Ansoff Matrix, the competitor analysis, the
competitive intelligence, the GAP analysis, the McKinsey 7S framework, the Porter’s Five
Forces analysis, the scenario planning, the SWOT analysis and the value net on the organization
in discussion, the Volvo Truck Corporation.
Porter 5 Forces Model
The concerned company in discussion, Volvo Truck Corporation, faces a low threat from
the new entrants due to a high control over the distribution and the procurement of the raw
materials. The major buyers of the company are the consumers of the industry therefore leading
to the lower bargaining power in case of the clientele. The bargaining power of the suppliers are
however on the moderate level due to the materials that they supply1. The substitution threat that
is faced by the company is low due to the absence of the proper number of the manufacturers of
heavy trucks. However, owing to the low growth rate, the company faces a high industry rivalry.
1 Zhao, Zhen-Yu, Jian Zuo, Pan-Hao Wu, Hong Yan, and George Zillante. "Competitiveness assessment of
the biomass power generation industry in China: A five forces model study." Renewable Energy 89 (2016): 144-153.
Strategy Management - A Case Study of Volvo Trucks_4

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