Overall Objective
To develop understanding and practical application skills of key frameworks and approaches for industry level analysis - with a specific focus on the Mintzberg - Five P's of Strategy framework.
Task
Using the attached as a GUIDE you are to consider the strategy of a company that you all have some relatively strong understating of.
It is suggested that you apply this framework to an airline e.g. JETSTAR or SINGAPORE AIRLINES.
You are to evaluate the strategy of e.g. one of the above firms against the five areas i.e.:
- Plan
- Ploy
- Perspective
- Pattern
- Position
You might want to apply this framework to a selection of companies operating in the same industry.
This assists in better understanding how company's strategies do differ - despite being in exactly the same industry etc.
This exercise will require to develop your understanding and ideas about the firm - rather than expecting to locate the answers via an internet search. Often - some well developed thinking and discussion about the firm will generate a lot of ideas etc.
For this reason it is probably better that the exercise be applied to firms that have high current general profile.