This website uses cookies to ensure you have the best experience. Learn more

Strategic Management Essay

345 words - 2 pages

Rivalry among the Competitors – High
There are many hospitals and institutes competing in this industry. This includes the Aga Khan Hospital, Liaquat National Hospital, Ziauddin Hospital, IBP (Institute of behavioral psychology). These are well established and well known hospitals. These hospitals and institutes are continuously developing their services and innovating ideas to make competing even harder. The above mentioned hospitals are main rivals of our stammering club because they are long established brands.
PEST ANALYSIS:
...view middle of the document...


Political: Legislations and regulations imposed by the government normally affect the industry. But in this industry there are no such governmental regulations that have to be considered. Apart from that the government is in fact supporting this kind of move which would be in betterment of people. However laws are implemented to ensure the quality of equipment used in health care Centre. Keeping our political factor in mind, it would increase the strength of rivalry as more people will be encouraged to compete with us.
Socio-Cultural: Socio cultural issues are also shaping the industry. People are becoming more health conscious. Parents encourage their children to take speech therapy classes. This tilt towards a healthy life would increase the rivalry amongst the firms as now more firms will be engaging in rivalry.
Technological: Technology is also one of the important factors in shaping this industry. Competing in this industry it would be required to keep up to date therapy machines and equipment. However in Pakistan we lack modern machines and this may require importing them too. Keeping this factor in mind, it would be affecting in negative way to the rivalry as not all the institutes will be able to get hold of modern machines.

Other Papers Like Strategic Management

Implementing Strategic Management Processes Essay

2900 words - 12 pages Implementing Strategic Management Processes to Manage Change within the Canadian Forces Military Police Scott A. Shannon MMPA 6465 - Strategic Planning: Collaboration, Cooperation & Coordination Walden University 25 November 2012 Abstract As a public organization, the Canadian Forces Military Police exist to deliver services defined by public policy. As an organization designed to deliver public services, this organization

Strategic Management Apple Efas Essay

751 words - 4 pages Title: Name: Institution: An External Factors Analysis Summary (EFAS) table also in some instances referred to as the External Factor Evaluation (EFE) matrix is a tool used in the assessment of external conditions of the business in strategic management (Wheelen, Hunger, Hoffman, & Bamford, 2015). To put this into perspective; the following is an EFAS table for Apple Inc.: Apple Inc. EFAS Table | External Factors | Weight | Rating

Developing Strategic Management And Leadership

1788 words - 8 pages 1. Understand the relationship between strategic management and leadership Q: Explain how has leadership been used to support such strategy and develop an organizational culture that could accept and how the link worked between strategic management and the leadership? 1.1 (Criteria 1.1 Explain the link between strategic management and leadership) To discuss the relation between the strategic management

Strategic Management & Business Policy (Starbucks)

1739 words - 7 pages Strategic Management & Business Policy Week Two Assignment: Starbucks From its humble beginning to multi-billion dollar corporation, Starbucks has had its fair share of ups and downs. Many of which can be associated with the constant changes in public demand. By utilizing the SWOT, the company was able to not only tackle each of the obstacles it in countered, it managed to strengthen organization and stay ahead of the competition. SWOT is

Strategic Management And Cost Management Concepts

3143 words - 13 pages John Molson School of Business Strategic Management and Cost Management Concepts April 8, 2010 Section G Table of Contents Introduction 2 1. Overview of Cost Management and Strategy 3 2. Implementing Strategy 5 3. Basic Concepts 10 Conclusion 14 References 15 Appendix I: Product & Period Costs 18 Appendix 2: Balanced Scorecard 19 Companies are constantly trying to improve their

Mgt 499 Strategic Management: Mission, Vision & Stakeholders

870 words - 4 pages daughters and moms, dads and sons. Genevieve Schmitt, founding editor of WomenRidersNow.com, noted. (Strategic Finance) Key suppliers have access not only to Harley’s facilities but also to its internal management system, dubbed “Ride.” They have access to minutes of meetings, plans, schedules, and other internal processes, facilitating dialogue with Harley managers and employees in product design and manufacturing. In the spirit of openness and

Dr Pepper Snapple Group Strategic Management

1934 words - 8 pages Strategic Management Project/Presentation The Dr. Pepper Snapple Group History Overview From the invention of the first soft drink more than 200 years ago to some of the industry's most beloved beverage brands, Dr Pepper Snapple Group (DPS) has a proud legacy of innovation, bold and distinct flavors, and entrepreneurial spirit. On May 7, 2008, DPS became a stand-alone, publicly-traded company on the New York Stock Exchange as the

Management Strategic

644 words - 3 pages BANYAN TREE HOLDINGS LIMITED Introduction Founded in 1994 by Singaporean Ho Kwon Ping, Banyan Tree Holdings (BTH) Limited has developed into a multi-national operator with 30 hotels and resorts, over 60 spas 80 retail galleries and 3 golf courses in 27 countries. Banyan Tree has several operating business segments namely hotel investment, hotel management, spa operations, gallery operations, hotel residences, property sales, design and

Strategic Management

2366 words - 10 pages shaving razors that will closely shave even against the grains Emotional Benefits: Feeling fresh, rejuvenating and a feeling of a best a man can get. Self expressive: It is generated by a “The best a man can get” phrase that man always thinks that whenever he is using the Gillette is it something which expresses his values Strategic Brand Analysis Customer Analysis: Trends: We have looked down the shaving category and

Strategic Management

776 words - 4 pages organization, a competency superior in some aspect than the competencies of other organizations, which enables the production of a unique value proposition in the function of the business. A distinctive competency is the basis for the development of an unassailable competitive advantage. The uniqueness differentiates this competency from all others, whether a core competency or simply a competency. To develop a successful business model, strategic

Strategic

2900 words - 12 pages . (Thompson, A.A. and Strickland, A.J. 2003) These strategies are very effective as customers prefer the order on online system as opposed waiting for the phone in line or sales people to call in. Same goes for the Company under discussion. Also, it has the facility of Stock control system and host of other applications on the local area network and the email and other facilities on the wide area network. Read more: http://www.ukessays.com/essays/marketing/applying-analytical-tools-in-strategic-management-in-ebusiness-marketing-essay.php#ixzz3wDUFoMdW

Related Essays

Strategic Management Essay

901 words - 4 pages Strategic Management Article on: Tech Mahindra By Pratik Deshpande J010 MBA TECH EXTC Tech Mahindra’s Successful Strategy Towards its Vision Nowdays it’s a digital era and the whole world has a vision of IOT (Internet of Things) on the Machine To Machine Platform (M2M) . A recent small invention to it is the smart watches which are connected to your mobile platform and you can do the function through that medium. So here the Tech

Strategic Management Essay 4301 Words

4301 words - 18 pages truth. Financial world , 37-39. Levitt, T. (1975). Marketing myopia. Harvard business review , 26-40. Retrieved  October 7, 2010 from http://www.casadogalo.com/marketingmyopia.pdf Mullins, J., Walker, J. O., & Boyd, H. W. (2010). Marketing management: a strategic decision making approach. Boston: A McGraw-Hill Irwin. http://books.google.co.ke/books?id=u_UJAQAAMAAJ&q=Marketing+management:+a+strategic+decision+making+approach.+Boston:+A+McGraw

Strategic Management Essay 730 Words

730 words - 3 pages same time, I don’t want to be in the same position for lifetime I serve the company. I want to improve myself by taking professional levels in Accountancy such as ACCA or CIMA. SWOT ANALYSIS A) Strengths I found myself possess some quality that can be my strengths. Firstly, time management. I like to plan my future job or activities rather than have it happen unplanned. Second is confidence. My friends see me to have confidence to lead a

Strategic Management Essay 2307 Words

2307 words - 10 pages consumer preferences as too costly. Absolute Cost Advantages: Lower absolute costs give established companies an advantage that is difficult for potential competitors to match. Absolute cost advantages can arise from superior production techniques. These techniques can be due to past experience, patents, or secret processes, control of particular inputs required for production, such as labor, materials, equipment, or management skills, or access