This presentation analyzes the potential impact of the environment on Wesfarmers and its risk management model. It also focuses on the company's core competencies, use of advanced technologies, and strategies for reducing costs and improving retail services.

ASSESSMENT 1 BRIEF

Develop a 5-minute video presentation on how strategic management and core competencies can build and sustain competitive advantage in different organizational contexts, considering the external environment and potential market opportunities.

Analyzing Wesfarmers' risk management model, core competencies, technology use, and retail strategies for cost reduction and service improvement amidst environmental impact.

Strategic Management Analysis of Wesfarmers for Competitive Advantage

Sustaining Competitive Advantage in Market: A Strategic Management Analysis of Wesfarmers

This presentation focuses on the strategic management sustaining competitive advantage in market. It also analyses the potential negative and positive impact of the environment which company would have from the market. The presentation emphasizes upon the business risk and risk management model. The Wesfarmers Company is the retail business operation which has been selected for the strategic business management. It has developed core competency and product leadership strategy to compete in the market. The core value of the company is related to its experienced staff employees. With the increasing GDP rate of Australia by 2.5%, it will be beneficial for the Wesfarmers to penetrate the market with its cost leadership and product differentiation strategy. Company has faced high competition from the big rivals so it has to install the advance technologies to compete with the rivals. Wesfarmers should focus on the quality of its retail services. It needs to strengthen its value chain process by re-engineering of its business activities. Company should hire more expert IT employees who will increase the effectiveness of the process services.

Leadership Management

Data Science and Big Data

Strategic Management for Sustaining Competitive Advantage in Market

The Balance Scorecard approach helps companies run their business effectively and implement long-term planning. It reveals the four processes of an organization that need improvement and assists in improving performance. This presentation evaluates the effectiveness of the Balance Scorecard approach in three companies and analyzes its strengths and weaknesses. It also discusses the benefits of the BSC approach, including structured strategy and easy communication. Subject: Business Management, Course Code: BMGT101, College/University: Not mentioned.

Hartpury University and Hartpury College

Balance Scorecard Approach for Strategic Planning | Desklib

organizational analysis

This report evaluates the business values, marketing strategies and core competency of Wesfarmers plc Company. The report focuses on corporate objectives, market orientation and core competency strategy of the company.

Rogationist College 

Organizational Marketing Analysis of Wesfarmers plc Company

This presentation discusses the role of cyber computing system in Woolworths, benefits of adopted cyber computing system, organizational management aspects, use of IT in strategic management, implementation of IT and its impact on organizational management aspects, changes in the strategic management of Woolworths after adopting cyber computing enterprises resources planning, analysis of organizational management of Woolworths after advancement in its system, recommendations and conclusion.

Business Development

Statistics and Probability

Impact of Cyber Computing Enterprises Resources Planning System on Organizational Management Aspects in Woolworths

This article discusses the sustainable strategies of four organizations including Walmart, Amazon, Microsoft, and Unilever. It explores how they focus on improving work experience, economic opportunity, and innovation while maintaining market leadership and diversifying their portfolios. The article also highlights the importance of the triple bottom line performance and how these organizations are contributing to the social, environmental, and financial aspects of sustainable development.

Sustainable Development: Four Organizations with Sustainable Strategy

This presentation provides an overview of Pritchard Francis Consulting Pty Ltd, including its goals, survey results, strengths, weaknesses, and recommendations. It covers principles related to employee behavior, leadership, values, and planning. The strengths of the organization include developing plans for success, constant learning, proper risk management, and quality management. The weaknesses include corporate social responsibility, technical approach, and communication. The presentation concludes with recommendations for establishing clear strategies, using a pool of talented people, and keeping staff motivated.

Sustaining Competitive Advantage in Market: A Strategic Management Analysis of Wesfarmers

End of preview

Strategic Management for Sustaining Competitive Advantage in Market

Balance Scorecard Approach for Strategic Planning | Desklib

Organizational Marketing Analysis of Wesfarmers plc Company

Impact of Cyber Computing Enterprises Resources Planning System on Organizational Management Aspects in Woolworths

Sustainable Development: Four Organizations with Sustainable Strategy

Pritchard Francis Consulting Pty Ltd: Goals, Survey Results, Strengths, Weaknesses and Recommendations

Sustaining Competitive Advantage in Market: A Strategic Management Analysis of Wesfarmers

End of preview

Strategic Management for Sustaining Competitive Advantage in Marketlg...

Balance Scorecard Approach for Strategic Planning | Deskliblg...

Organizational Marketing Analysis of Wesfarmers plc Companylg...

Impact of Cyber Computing Enterprises Resources Planning System on Organizational Management Aspects in Woolworthslg...

Sustainable Development: Four Organizations with Sustainable Strategylg...

Pritchard Francis Consulting Pty Ltd: Goals, Survey Results, Strengths, Weaknesses and Recommendationslg...

Strategic Management for Sustaining Competitive Advantage in Market

Balance Scorecard Approach for Strategic Planning | Desklib

Organizational Marketing Analysis of Wesfarmers plc Company

Impact of Cyber Computing Enterprises Resources Planning System on Organizational Management Aspects in Woolworths

Sustainable Development: Four Organizations with Sustainable Strategy

Pritchard Francis Consulting Pty Ltd: Goals, Survey Results, Strengths, Weaknesses and Recommendations