Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Solution
This is not the actual case solution. To get the case solution place your order on the site and contact website support.
Home >> Elie Ofek >> Second Thoughts About A Strategy Shift (Hbr Case Study)
Second Thoughts About A Strategy Shift (Hbr Case Study) Case Analysis
Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Solution is a popular name of a New York based, world's leading organization in the food and drink market. company is a prominent brand name in convenient snacks, foods and drinks with its existence in about 200 nations.
The report contains a deep analysis of numerous elements of the social duties of significant companies in the food and beverage industry in basic, and Case Analysis in specific. It likewise provides an analysis of the growing health and environmental issues consisting of weight problems, cardiovascular disease, ecological destruction and so on in the Western nations and the role of the business in the food and beverage market to address these problems. The report also supplies an assessment of the extent of sustainability and CSR in the Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Analysis's company method along with the decision of how Case Study Help produces value for its consumers. Moreover, the report also offers certain tactical alternatives for Case Analysis to include the criticism over its social duty with certain recommendations and an execution strategy.
Case Study Help had taken certain vital actions relating to the ecological effects of its products, but, these actions are not enough to end up the criticism over the business's duty towards social and ecological issues. This is required to take certain strategic steps to alter the market position of its particular famous brand names and present Case Study Analysis as a business producing healthy products in the market. In this regard, business and other food and beverage business should use their power to move the customer taste towards much healthier products to remove the constraints in the development of food market.
The shift from the usage of natural food to made food has actually highly affected the health of the consumers. All of the information related to the health problems with the incorporation of made food in the market explain the prevalence of the health issues related to food system. These problems are indirectly the outcome of different practices of the food and drink companies for creating worth for their consumers.
Worth Creation at Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help
Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help being a giant company in the food and beverage industry, offers high value to its clients by different methods. Value production in the food and beverage market is done through two methods i.e. taste and accessibility of the item. Case Study Help has a competitive advantage in supplying its products everywhere internationally. Its marketing capability makes it able to target a large base of consumers. The business is presented in about 200 countries with a large number of famous international brand names. The everywhere presence of the business items provides high value to customers.
Furthermore, the business creates value for its customers by methods of offering large number of delicious food products including salt, fat and sugar, which are the components that are directly connected with the emotional core of the consumer's brain. The Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Solution together with other huge food and beverages business develop worth for its consumers by controling these components in its products. Case Study Help along with other huge companies is interested in finding methods to increase the consumer value from its items through making use of the vulnerability.
Together with it, the company also produces worth by methods of integrating the healthy point in its items. The business has actually done particular efforts in order to offer healthy products and decrease the share of Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help in total environmental destruction. Case Study Analysis has actually taken specific actions associated with the sustainability of people and environment consisting of the 2009 announcement of the ambitious objectives and commitments associated with Case Study Analysis items, market and the community.
All of these methods have actually been effective at creating worth for the Case Study Help consumers. Increasing health associated concerns have raised the criticism for Case Study Help.
Positive Role of Significant Food and Beverage Business in Dealing With Social and Ecological Expenses Associated with the Industry
Undoubtedly, significant food and drink companies consisting of business, etc. can play an useful function in resolving social and eco-friendly expenses connected with the market. The ecological expenses related to food and drink industry consist of the environmental destruction due to the influx of nitrogen which has actually resulted in the minimized water drinking patterns, river contamination, and increased emission of greenhouse gases from soil etc. All these factors leads to environmental devastation which could be a big hazard to the presence of mankind in future.
Significant reason for these ecological modifications is mass use of nitrogen rich fertilizers and the ingredients by the food and drink business. Food and drink business ought to play an useful function in addressing these problems to remove their development restrictions related to the criticism from the environmental neighborhoods.
The companies must avoid usage of nitrogen fertilizers and need to search out the products of those farmers that do not use fertilizers for their crop. The companies could utilize eco-friendly energy sources at their production plant to compensate the greenhouse gas emissions from the use of nitrogen-rich products.
In addition to the eco-friendly costs there are particular social costs associated with the food and beverage industry which need to be attended to by the giant food and beverage business to attain the market growth and to avoid the criticism from the ecological neighborhoods. Social expenses related to the industry consists of the increasing health issues related to weight problems, cardiovascular disease, diabetes and so on. The giant companies might play a constructive role in addressing these problems.
The business could move towards healthier items by decreasing the amount of harmful compounds in their processed foods i.e. dioxin, which might lead to deadly human diseases. In addition to it, the companies should utilize more healthy components rather than derivatives of Corn and Soy to increase number of calories from their products. The business might also do efforts to shift consumer tastes towards healthy items as they have managed the consumer taste for couple of years. In this way the huge food and beverage business could play a constructive function in attending to social and environmental costs related to the industry.
Evaluation of Sustainability at Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help
There was a prospective shift in the business technique and goals at Case Study Analysis. The brand-new CEO was concentrated on buying healthier items for accomplishing sustainable growth for the company together with offering much healthier future for the people and the planet both. Under the new vision, the motto of the company was likewise altered from the "enjoyable for you" to "better for you".
The business announced certain goals and commitments connected to human sustainability and the ecological sustainability. Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Solution obtained Quake Oats producing TrueNorth nut snacks and SoBe, and Naked Juice producing soy beverages and organic drinks to introduce numerous much healthier products in its portfolio. However, despite of being thought about a Case Study Help's healthy brand, the items of Quake Oats included several ingredients which were dangerous to health. These hazardous components were not marketed which have actually ended up being the base for criticism over the healthy brand names of Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Solution.
Together with the inculcation of healthy brand names in its portfolio through acquisitions, Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Analysis has taken certain sustainability actions for its market places. One of major examples in this regard is the Company's marketing technique associated to schools. The company markets only low calories and healthy beverages choices in schools.
Another step taken by Case Study Solution towards human sustainability is the shift of its focus towards research and development for presenting brand-new and healthy items in its portfolio. The company has actually increased its research and development budget plan and has presented an army of health scientists to create certain healthy products.
In this regard, the business devoted to lower its product packaging by millions of tones to prevent high quantity of wastages. The business has actually committed to lower greenhouse gas emissions along with the achievement of effectiveness in the energy use.
On the basis of above analysis, it could be determined that the company has actually taken a number of actions towards human and ecological sustainability. However these steps are still not enough to attain the desired commercial growth and to decrease the criticism over the social responsibility of Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Analysis.
Specific long term strategic alternatives could be obtained for the company on the basis of above analysis. These options can be examined on the basis of the truth that how the alternative would enable the business to achieve its goal of potential growth and lower the criticism over the business. The alternatives might be examined on the basis of the time frame that would be taken by an option to be executed along with the cost and dangers related to the option
Alternative-1: introduction of a New Line of product Associated with Healthy Foods and Beverages
The first step that Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help could take is to introduce a brand-new product line related to healthy food and drinks. The company should introduce a wide range of much healthier items by using its substantial research study and advancement expenditures.
• Ability to target large number of customers i.e. health mindful customers.
• Decrease of the criticism of ecological worried societies and community development organizations.
• Fulfillment of the social responsibility by payment of the dangerous products with healthy items.
• Could be executed within few years i.e. 3 to 5 years.
• Risk of failure of the new items in the market i.e. consumers might not like the taste and may not accept the healthier products due to the addictive nature of dangerous items.
• The dangerous products in the item portfolio might make the incorporation of healthy items fail to lower criticism.
• Big cost of research and development needed to construct new healthy items.
Alternative-2: High level Acquisition of Health related Companies
Another alternative option to accomplish the potential development and decrease the criticism is to get the health associated business at a high level. Financial investment in these type of companies would enable Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Analysis to introduce a big range of healthier products within a short time period without any requirement of considerable research study and advancement expenditures. The benefits and drawbacks related to alternative 3 are given below:
• Conserving of substantial quantity of research and development costs for new product advancement.
• Incorporation of brand-new products within two years.
• Ability to target a great deal of consumers i.e. health conscious customers.
• Reduction of the criticism of environmental concerned societies and neighborhood development companies.
• Fulfillment of the social responsibility by compensation of the dangerous items with healthy items.
• The acquisition might not prove to alter the image of Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help as in case of Quake Oats.
• Requirement of big quantity of capital.
• Threat of failure of the brand-new items in the market i.e. customers may not like the taste and may decline the healthier products due to the addictive nature of dangerous products.
• The dangerous products in the product portfolio may make the incorporation of healthy products stop working to decrease criticism.
Aletrnative-3: Replacement of Hazardous Products with Healthy Products in the Portfolio
Another alternative option for Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Solution is to change all of its hazardous items with healthier items. This might be a big shift in business strategy and the business model at business. The replacement of hazardous items with much healthier items would completely change the marketplace position of the business and would need a a great deal of necessary steps to be taken. The pros and cons related to alternative 3 are provided listed below:
• Change of market position of Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Help
• Ability to target a great deal of customers i.e. health conscious customers.
• End of all of the criticism of ecological worried societies and community development companies.
• Fulfillment of the social responsibility
• Threat of failure of the brand-new items in the market i.e. customers might not like the taste and may not accept the much healthier items due to the addicting nature of harmful items.
• Substantial expense of research and development required to build brand-new healthy items.
• Worker might resist over the change in the business model and business strategy.
• Number of years required for the application.
• Shift of focus from the core proficiencies.
With the deep analysis of the business's CSR, issues faced by the company and the current industry situation, Second Thoughts About A Strategy Shift (Hbr Case Study) Case Study Analysis is suggested to think about alternative 2 of high level of acquisition of health related companies. As the acquisitions would enable the business to save of huge amount of research study and advancement costs for new item development. Together with it, acquisitions would allow incorporation of new items within 2 years in addition to the ability to target a great deal of consumers. The acquisitions would result in the reduction of the criticism from the concerned organizations.However, the option would require substantial amount of financial investment funds. Furthermore, the companies might not be able to minimize the criticism. With a careful analysis of the acquisition with an aggressive marketing campaigns, business might prove to be successful in accomplishing the targets.
This Second Thoughts About A Strategy Shift (Hbr Case Study) case study is writen by : Elie Ofek
|Executive Summary||Swot Analysis||Vrio Analysis||Pestel Analysis|