Entrepreneurial Strategy Report: Analysis of Business Technologies

Verified

Added on  2022/12/30

|44
|6834
|433
Report
AI Summary
This report provides a detailed analysis of the entrepreneurial strategy of Southern Business Technologies. It begins with an introduction to entrepreneurial strategy and then delves into several key analytical frameworks. The report uses SWOT analysis to assess the company's internal strengths and weaknesses, and external opportunities and threats. The VRIO framework is applied to evaluate the company's resources and capabilities for sustainable competitive advantage. PESTLE analysis examines the political, economic, social, technological, legal, and environmental factors impacting the business. Porter's Five Forces model assesses the competitive intensity and attractiveness of the industry. The report also discusses change management strategies, including the Kurt Lewin model, and includes a handoff matrix. The report concludes by summarizing the key findings and offering recommendations for the company's strategic direction. References and an appendix are included to support the analysis.
Document Page
Entrepreneurial strategy
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Table of Content
INTRODUCTION...........................................................................................................................4
SWOT analysis...........................................................................................................................4
VRIO framework........................................................................................................................6
Pestle analysis.............................................................................................................................7
Porter five force model...............................................................................................................9
Change management.................................................................................................................11
Handoff matrix..........................................................................................................................12
CONCLUSION..............................................................................................................................14
REFERENCES..............................................................................................................................16
APPENDIX....................................................................................................................................17
Document Page
Document Page
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. The research will be further
focusing on research towards models related to business analysis within external and internal
environment domains for generating larger range of productive diversity, which also keenly
brings on competent innovation rapidly.
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 Versilia, 2020). Weaknesses: It also faces competition from various range of new start-ups and
companies coming on within business world with advanced digital technologies aspects,
where Southern business technologies faces customer’s goodwill competitively declined.
Weakness of internal resources in less competent surge there comes factors of innovation
diversity at lack, also the untapped business scale horizons brings on pressure for
competencies expansion. 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
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
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 (Melany and Zlotnik,
2020).
Threats: Southern Business Technology faces threats of new wider competent innovation
coming on within consumer market preferences, higher range of larger scale diversity on
demand and also for evolving on new metrics which bring on varied diverse growth.
There is threat of extensive competitive factors within business practices where it has
threat of data theft also, and also extensive scale connective efficacy bring on threat of
untrained employees. As it is variably competently lacking for upscale work growth
demands Southern business technologies are lacking innovation imperatively. \
The above analysed factors have analysed that SWOT model brings forward specific functional
growth aspects and also deliver scale operative growth for more enhanced vision oriented goals
into future domains, strategic revenue targets developing scenarios.
Document Page
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 (Homer, 2020). Value: The value is created by being competitively innovative and new scale functional
growth widely at present where Southern Business Technology solutions is lacking
functional domains imperatively. The value factor is not effectively present on which it
can be understood that value has to be strengthened forward for evolving on new domains
of efficacy parameters. Rarity: The rarity factor can be understood as the widely essential aspect where varied
competent scale connective paradigms are to be focused on for gaining keen efficacy
scope end largely focused on. The rarity also comes in as factor where new scale
innovation shall be profoundly developed on to evolve on new horizons of productive
efficacy imperatively. Imitable: 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. Imitable 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 imitability will enable business
competitive functional horizons to be explored widely and also focus further for
enriching new varied competent innovation (Nikole. and Stošić-Mihajlović, 2020).
Organized: Southern Business technology has factored of organize present where there
is varied imperative demand among business scale horizons for generating new digital
strategies at working pace widely. Unused competitive advantage factors can be
explored widely and also new quest horizons which bring on demand for new scale
Document Page
diverse metrics on demand. The organized factor has been analysed to be competently
evident for analysis where future scale growth into digital pace where business solutions
can be more specifically consumer oriented.
Pestle analysis
The pestle analysis is external factors analysis which brings forward detailed aspects
where business competency is 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 Bruit 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. Economic factors: The new scale external economic changes bring on focus towards
upscale market scenarios for international expansion, where changing tax rates and
economic factors have strong impact on varied new scale efficacy horizons. It also
enables us to identify that Southern Business technology shall focus on economic
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
parameters for evolving on varied growth aspects and larger competent strategies further
for more specific growth structured on (Berdiyorov, Berdiyorov and Berdiyorova, 2020). 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. Technological factors: Southern business technology faces extensive competition form
external factors within business domains where new scale innovations on digital
platforms have been imperatively growing. This has been found to be widely strong
aspect impacting large diverse demands and also competencies growth, on which varied
demands shall be governed on. Technological aspects form new varied scenarios within
external business world bring on varied demand for revenue target growth, specific
functional growth avenues and also upscale scenarios on which varied competencies can
be reached on (Kaufman, Barry and Gomez, 2020). 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 upscale 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.
Environment factors: The environment factors within external business world have
varied scope for bringing on new scale efficacy aspects where company shall focus on
towards new vision oriented CSR activities. Southern Business Technology will be able
to enhance business reach imperatively towards vision oriented goals on which CSR
activities strategies development will enable varied growth to be generated on.
Document Page
The above discussed factors have enabled us to analyse pestle factors where external business
world bring on new larger scale connective diversity and also leverage keen strengths identified
as within competitive business world.
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. Porter 5 force model will enable Southern Business Technology to evolve on varied
new domains within competitive aspects, which can be discussed as follows (Kaufman, Barry
and Gomez, 2020). 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
consumer’s 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.
Document Page
Bargaining power of suppliers: The buying power of suppliers is also limited to effect
on business standards where Southern Business Technology has been found to have good
stable rates. There has been negligible impact on company performance levels due to
independent growth goals, also independent functional standards have made supply chain
to be diversified widely (Gallic, 2020), Industry rivalry: Southern Business Technology faces competition within external
business world when it comes to providing digital solutions and also there is varied
scenarios competitively expanding towards new horizons. Industry rivalry is strong
within business domains on which various new start-ups are also coming in, to yield on
new scale functional growth evolvement. It can be also understood that practically
industry rivalry may impact further varied new scale innovation where businesses are
heading towards productive functional scale growth.
Threat of new entrants: This has been analysed to be strong where new entrants have
been competently strong and also functionally impacting new scale functional demand
for which there is varied scope measured. New entrants with experts being strategic
vision towards new scale technical efficacy brings on demand for larger impact full
services digitally. Southern Business Technology shall explore into untapped market
scenarios for further growth domains, by which varied new competency can be enriched.
tabler-icon-diamond-filled.svg

Paraphrase This Document

Need a fresh take? Get an instant paraphrase of this document with our AI Paraphraser
Document Page
Change management
The change management plays crucial role within business horizons for bringing on our
scaled new domains efficacy and also generate new scale connective domains which enables new
scope horizons to be implemented vividly. The change management model, Kurt Lewin change
management model can be understood to be one of the most innovative vision oriented model
that is divided into 3 steps where Southern Business Technology will be able to evolve on new
competencies space. Unfreezing: At this step of model old steps and factors which needs to be changed are
analysed, where diverse vision and innovation are lacking, by which new creative
domains can be further explored functionally. The unfreezing aspect also brings on focus
towards new changes and aspects that needs to be adopted by business scenarios
imperatively, on which Southern Business Technology will be able to evolve on new
domains' expertise. The Unfreezing aspect also brings forward new pertaining surge
practically among employees by motivating their visions forward for new changes within
varied larger scale. It will keenly bring on focus towards varied aspects where
competitive efficacy is lacking, also to evolve on new domains where investments needs
to be planned forward (Cola pinto, Jayaraman and La Torre, 2020). Freezing: The second step brings forward focus towards implementation of new changes
strategically on which new trainings and vision orientation brings forward, for harnessing
larger domains' expertise. The freezing will enable business scale to be competently
brought forward, also to deliver strategic growth and also for scaling new diverse range
of innovation within longer run. The freezing will enable business complexity to be
functionally analysed forward for keeping new diverse range of avenues further. This
step brings forward demand to evolve on already strategically evolved strategies
practically and also generate specific functional targets widely.
Refreezing: At the last step of model Southern Business technology will be focusing
towards monitoring all new functional changes strategically implemented vividly, by
which varied new scale profound changes can be analysed. It will enable to functionally
analyse long term effective implementation within performance based avenues and
gaining feedbacks from people, on which responsive future change strategies can be
analysed competitively. This step will enable business diversity to be enriched vividly,
Document Page
upscale functional horizons and also promote new profound domains towards which
higher targets revenue and goodwill can be developed. Refreezing will enable business
leaders and mangers to be optimistic towards various new changes imperatively for
longer scale productive diversity and also new evolving synergies for competitive
advancement (Haddad. and et.al 2020).
The above discussed factors of change management model brings on factors
where Southern Business Technology will be able to focus practically forward new changes
imperatively and also harness longer term goodwill, revenue targets competitively.
Handoff matrix
The Handoff Matrix can be understood as one of the most advance strategic planning
model on which framework focuses on practical marketing focused strategies within future
growth aspects and also implement new vision oriented innovation. The Southern Business
Technology will be able to evolve on new domains, and also upscale networks for which larger
scale horizons can be reached on.
chevron_up_icon
1 out of 44
circle_padding
hide_on_mobile
zoom_out_icon
[object Object]