Nov 22, · Westlake Lanes Case Study - Westlake Lanes Part 1 Amber This preview shows page 1 - 2 out of 6 pages. Westlake Lanes Part 1 Amber Cowan, Danyil Tuchyn, Oleksandra Makovska, Bohdan Kozachuk, Denis Ishchenko MGMTF October 4 th, 1. Issue Identification Shelby Givens needs to turn a profit to repay the board’s loan of $,% A-1 lanes, a manufacturer of bowling lanes, has grown and expanded greatly since its beginning in The company has dealt with much throughout the years, and it was recently forced to reevaluate based on the economy in its overseas countries, particularly the baht being devalued by 11% in Oct 09, · View Essay - Case Study #1 from MAN at Florida International University. Westlake Lanes: How Can This Business Be Saved? As a recent graduate taking over the /5
Westlake Lanes Case Solution & Analysis
Harvard Case Studies. In most courses studied at Harvard Business schools, students are provided with a case study, a 1 lanes case study. Major HBR cases concerns on a whole industry, a whole organization or some part of organization; profitable or non-profitable organizations.
Case study method guide is provided to students which determine the aspects of problem needed to be considered while analyzing a case study. It is very important to have a thorough reading a 1 lanes case study understanding of guidelines provided. However, poor guide reading will lead to misunderstanding of case and failure of analyses. It is recommended to read guidelines before and after reading the case to understand what is asked and how the questions are to be answered. Therefore, in-depth understanding f case guidelines is very important, a 1 lanes case study.
To have a complete understanding of the case, one should focus on case reading. It is said that case should be read two times. Initially, fast reading without taking notes and underlines should be done. Initial reading is to get a rough idea of what information is provided for the analyses.
Then, a very careful reading should be done at second time reading of the case. This time, highlighting the important point and mark the necessary information provided in the case. In addition, the quantitative data in case, and its relations with other quantitative or qualitative variables should be given more importance.
Also, manipulating different data and combining with other information available will give a new insight. However, a 1 lanes case study, all of the information provided is not reliable and relevant. After reading the case and guidelines thoroughly, reader should go forward and start the analyses of the case. To make an appropriate case analyses, firstly, reader should mark the important problems that are happening in the organization. There may be multiple problems that can be faced by any organization.
Secondly, after identifying problems in the company, identify the most concerned and important problem that needed to be focused. Firstly, the introduction is written. After having a clear idea of what is defined in the case, we deliver it to the reader. It is better to start the introduction from any historical or social context.
The challenging diagnosis for Allen Lane and the management of information is needed to be provided. However, introduction should not be longer than a 1 lanes case study in a paragraph. As the most important objective is to convey the most important message for to the reader.
After introduction, problem statement is defined. However, the problem should be concisely define in no more than a paragraph. After defining the problems and constraints, a 1 lanes case study, analysis of the case study is begin.
SWOT analysis helps the business to identify its strengths and weaknesses, as well as understanding of opportunity that can be availed and the threat that the company is facing. In addition, it also identifies the weaknesses of the organization that will help to be eliminated and manage the threats that would catch the attention of the management. This strategy helps the company to make any strategy a 1 lanes case study would differentiate the company from competitors, so that the organization can compete successfully in the industry.
The strengths and weaknesses are obtained from internal organization. Whereas, the opportunities and threats are generally related from external environment of organization. Moreover, it is also called Internal-External Analysis. In the strengths, management should identify the following points exists in the organization:.
Pest analyses is a widely used tool to analyze the Political, Economic, Socio-cultural, Technological, Environmental and legal situations which can provide great and new opportunities to the company as well as these factors can also threat the company, a 1 lanes case study, to be dangerous in future.
Pest analysis is very important and informative. It is used for the purpose of identifying business opportunities and advance threat warning. Moreover, it also helps to the extent to which change is useful for the company and also guide the direction for the change. In addition, it also helps to avoid activities and actions that will be harmful for the company in future, including projects and strategies.
To analyze the business objective and its opportunities and threats, following steps should be followed:. This will help the manager to take the decision and drawing conclusion about the forces that would create a big impact on company and its resources.
In this model, a 1 lanes case study, five forces have been identified which play an important part in shaping the market and industry. These forces are used to measure competition intensity and profitability of an industry and market. These forces refers to micro environment and the company ability to serve its customers and make a profit. These five forces includes three forces from horizontal competition and two a 1 lanes case study from vertical competition, a 1 lanes case study.
The five forces are discussed below:. Vrio analysis for Allen Lane case study identified the four main attributes which helps the organization to gain a competitive advantages. The author of this theory suggests that firm must be valuable, rare, imperfectly imitable and perfectly non sustainable.
Therefore there must be some resources and capabilities in an organization that can facilitate the competitive advantage to company.
The four components of VRIO analysis are described below: VALUABLE: the company must have some resources or strategies that can exploit opportunities and defend the company from major threats. If the company holds some value then answer is yes. Resources are also valuable if they provide customer satisfaction and increase customer value, a 1 lanes case study.
This value may create by increasing differentiation in existing product or decrease its price. Is these conditions are not met, company may lead to competitive disadvantage. RARE: the resources of the Allen Lane company that are not used by any other company are known as rare. Rare and valuable resources grant much competitive advantages to the firm. However, when more than one few companies uses the same resources and provide competitive parity are also known as rare resources.
Even, the competitive parity is not desired position, but the company should not lose its valuable resources, even they are common. COSTLY TO IMITATE : the resources are costly to imitate, if other organizations cannot imitate it, a 1 lanes case study. However, imitation is done in two ways. One is duplicating that is direct imitation and the other one is substituting that is indirect imitation. Any firm who has valuable and rare resources, and these resources are costly to imitate, have achieved their competitive advantage.
However, resources should also be perfectly non sustainable. The reasons that resource imitation is costly are historical conditions, casual ambiguity and social complexity. ORGANIZED TO CAPTURE VALUE : resources, itself, cannot provide advantages to organization until it is organized and exploit to do so. After completing the analyses of the company, its opportunities and threats, it is important to generate a solution of the problem and the alternatives a company can apply in order to solve its problems.
To generate the alternative of problem, following things must to be kept in mind:. Once the alternatives have been generated, student should evaluate the options and select the appropriate and viable solution for the company.
It is very important to select the alternatives and then evaluate the best one as the company have limited choices and constraints. Therefore to select the best alternative, there are many factors that is needed to be kept in mind. Alternatives should be measures that which alternative will perform better than other one and the valid reasons.
In addition, alternatives should be related to the problem statements and issues described in the case study. If the selected alternative is fulfilling the above a 1 lanes case study, the decision should be taken straightforwardly. Best alternative should be selected must be the best when evaluating it on the decision criteria. Another method used to evaluate the alternatives are the list of pros and cons of each alternative and a 1 lanes case study who has more pros than cons and can be workable under organizational constraints.
The decision that is being taken should be justified and viable for solving the problems, a 1 lanes case study. To make a detailed case analysis, student should follow these steps: STEP 1: Reading Up Harvard Case Study Method Guide: Case study method guide is provided to students which determine a 1 lanes case study aspects of problem needed to be considered while analyzing a case study.
Harvard Case Study Solutions. Pest analysis. case study solutions. Search for:. Categories Harvard Case Studies HBR Cases.
Reading Instruction Practice Test 1 - Assignment E (Case Study)
, time: 21:39A-1 lanes | Case Study Solution | Case Study Analysis
Nov 22, · Westlake Lanes Case Study - Westlake Lanes Part 1 Amber This preview shows page 1 - 2 out of 6 pages. Westlake Lanes Part 1 Amber Cowan, Danyil Tuchyn, Oleksandra Makovska, Bohdan Kozachuk, Denis Ishchenko MGMTF October 4 th, 1. Issue Identification Shelby Givens needs to turn a profit to repay the board’s loan of $,% Jan 23, · Westlake Lanes Harvard Case Study Solution & Online Case Analysis. Harvard Case Studies. Westlake Lanes Problem Statement. The problem statement refer to the concise description of the issues that needs to be addressed. It identifies the issues or gap between the current and desired type of the organization, and thus requires to be stated in Oct 21, · 1. Westlake Bowling Lanes (Westlake) has struggled to stay profitable. The biggest issue facing Westlake is the plummeting annual revenue generation, falling from $1,, to $, over the past five years. The revenue problem can be primarily attributed to the business’ decline in appeal to its’ customers, increase in competition, below expectation employee performance, as well as outdated
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