Report: Competitive Strategy Analysis of the Sydney Symphony Orchestra

This report presents a case study analysis of the Sydney Symphony Orchestra (SSO), focusing on its competitive strategy within the music industry. It begins with an introduction to business strategy and its application in the context of the SSO. The report then delves into the strategic analysis of the SSO, identifying key issues such as wage costs, musician protection, and the bargaining framework. The core of the analysis proposes the Cost Leadership Strategy Model as the most suitable approach for addressing these issues. The report details the application of this model, including cost reduction through musician analysis and government grants. The expected outcomes, including competitive advantage and continued prominence, are discussed. The conclusion summarizes the analysis, emphasizing the potential of the Cost Leadership Strategy for the SSO's long-term success and concludes that although SSO has immense popularity, the orchestra must sustain their position for the spectators. The references section includes citations from relevant academic sources.