Analysis of Entrepreneurial Strategies: Southern Business Technologies

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Added on  2022/12/30

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This report provides a comprehensive analysis of entrepreneurial strategies for Southern Business Technologies, a communication services provider in England. It utilizes various strategic models including SWOT analysis to assess internal strengths and weaknesses, and VRIO framework to evaluate resources. External factors are examined using PESTLE and Porter's Five Forces models to understand the business environment and competitive landscape. The report further explores change management using the Kurt Lewin model and strategic growth options via the Ansoff matrix. The analysis offers insights into the company's strategic positioning and provides recommendations for future growth and innovation within the digital technology industry, considering both internal capabilities and external market dynamics. The report concludes by summarizing key findings and emphasizing the importance of adapting to evolving market conditions and consumer needs.
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Entrepreneurial
strategy
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Table of Content
INTRODUCTION4
SWOT analysis 4
VRIO framework 5
Pestle analysis 7
Porter five force model 9
Change management 10
Ansoff matrix 11
CONCLUSION 12
REFERENCES 13
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INTRODUCTION
Entrepreneurial strategy can be understood as one of the most widely essential aspect for bringing on
business developed efficacy among competitive aspects and also to evolve on new functional aspects for bringing
on larger revenue goals.
Southern Business Technologies is located in England where the company line of business includes providing
communication services, based on best digital technology networks and also for wide new scale evolving
competitive domains.
The report will be discussing range of models which are used to analyse company strategic capabilities and its
position in environment where it operates, which also brings in competitive demand among corporate functional
scenarios.
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SWOT analysis
The SWOT analysis can be understood as essential model for internal
factors analysis which brings on detailed functional record within various
avenues, which enables business complexity to be analysed further and also
evolve on new parameters. Southern Business Technology brings internal
analysis can be understood as follows:
Strengths: Southern Business Technologies Limited has been actively known
for incorporations and active new functional aspects at work, for which brand
has been analysed to be widely known for serving customers with varied scale
efficacy. The quality digital services have been found to be one of the
component strength for pertaining higher revenue targets and goodwill aspects
(Semenchu and Vasiliha, 2020).
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CONT….
Opportunities: There is advanced competitive scope to evolve on new metrics of functional innovation
where there are varied scale competent innovation demand which raises larger scale opportunities widely.
Technology solutions shall be more informatively used on for up scaled efficacy domains which will enable
new revenue growth to be competent evidently, also untapped market domains shall be focused on.
Digital solutions and technology innovation has specifically analysed to be widely at demand for
consumers oriented scale efficacy on which new functional strengths can be enriched. There shall be
specific training provided to all employees based on new scale functional horizons where new scale
innovation has varied scope (Melny and Zlotnik, 2020).
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VRIO framework
The VRIO framework is one of the most advanced
company strategic analytical model on which strategic
procedures can be analysed, by focusing towards vision
statement and larger scale objectives based on internal and
external analysis for strategic implementation imperatively.
VRIO shall enable in depth analysis towards new scale
profound efficacy domains and enriched larger scale profound
metrics , where Southern Business Technology is competently
strong (Hofmeyr, 2020).
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CONT….
Immitable: Temporary competitive advantage can be availed if company services and products have been
found to be widely strong, creative and functionally imperative which has been analysed to be not present
within business of Southern Business Technology aspects. Immitable factor is lacking at present where
above found analysis shows competitive factors are raising within digital solutions on which companies
shall focus further to be competent widely. The strength of immitability will enable business competitive
functional horizons to be explored widely and also focus further for enriching new varied competent
innovation ( Nikolić. and Stošić-Mihajlović, 2020).
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Pestle analysis
The pestle analysis is external factors analysis which brings forward detailed aspects where
business competency are hit forward widely, for which varied competent functional standards are to be
focused on. Southern Business Technology will be able to focus on vision oriented growth by heading
towards aspects of external business environment , where pestle factors are as follows (Burgess, 2020).
Political factors: The political factors bring on focus towards international expansion where UK Brexit
has been fundamentally impacting business strategies, also there is up scale efficacy evolving domains on
which Southern Business technology shall focus on. This has been found to be widely crucial also for
analysing new strategies which positively impact on varied political strength positioning.
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CONT….
Social factors: Consumers oriented services shall be adopted further for keeping divergent business technology
services by which further scale connective domains can be worked on. The social factors bring on competencies
within varied industry levels where Southern Business technology has scope to evolve on new domains
imperatively further, for generating new scale evolving domains imperatively. The social factors competitive
compilations will enable business keenly to evolve on new aspects of varied domains and also raise varied scale
growth synergies. Southern business technology will be able to evolve on new aspects within social factors
compilations, for harnessing new quest goals vividly and also raise varied benchmarks on longer levels.
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CONT….
Legal factors: The legal factors such as various health and safety laws,
discriminative and equality laws for larger corporate strengthened positioning
will enable business complexity to be at check and also up scale fundamental
diversity.
By abiding to varied legal factors business goodwill is maintained
fundamentally, also there is larger focus on new avenues of efficacy domains
by which quest horizons can be reached on. Southern Business Technology
will be able to enhance its legal functional standards for evolving on new
domains of expertise and varied scale growth horizons.
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Porter five force model
The porter five force model can be
understood to be widely focused on varied new
scale external factors avenues on which keen
efficacy domains shall be operatively analysed
where company economics, can be analysed
variably for determining new positions within
industry domains.
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Threat of substitutes: The quality of services offered within digital technology has been strongly improving
of Southern business technology, where threat of substitutes is low as consumers goodwill is strength by
which new scale functional horizons can be reached on. This can be understood that quality factor and new
profound diversity has been found to be one of the aspect which will enable business diversity to be explored.
Buying power of customers: The buying powers of customers is moderate as being serving good quality and
instant digital services there is established goodwill among company business domains. This enables us to
analyse that customers are ready to pay amount at which new scale efficacy can be reached on productively,
where customers strengths also enhance business reach widely.
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