Please answer the following question based on Mondelez International case from C
ID: 2824728 • Letter: P
Question
Please answer the following question based on Mondelez International case from Crafting and executing strategy the quest for competitive advantage 21st edition
1) Draw up a strategic plan of this industry and include all major players.
2) What are the key success factor in this industry?
3) Which of the five generic strategies best describes the organization's strategy? Why?
4) What is the financial condition in this industry and where it will go in future?
The case is following:
Explanation / Answer
It is necessary to conduct a thorough industry analysis to address the market segment & also changing customer needs. The following are the various things to be considered namely the current market leaders & their brand strategy, if the market is in bell curve or saturated, profit margins etc.
Developing a manufacturing plan requires a deep analysis of physical facility, materials, equipment, personnel, storage, logistics & other processes in manufacturing. This will ensure to meet the sales goals. It also helps to identify the areas of improvement to ensure efficiency.
This relates to planning for the future like how the food processing facility will be in the future. This can help the companies to make good decisions on their capital. They can also conduct feasibility studies to optimize their assets, maximize the income & increase the productivity of existing assets.
The following can be the key success factors:
In order to ensure success in the food industry the following factors are considered to be important. This can include service, facilities, quality of the food product / service, sales incentive program developed by the company with a view to increase the sales. These factors can be used by the managers to study the market as well as changing consumer behavior.
Mondelez international is a company that holds a leading position in chocolate, candy, biscuits, and beverages & is the second largest manufacturer in gums & coffee. The three appropriate strategies for mondelez are cost leadership, differentiation & preemptive strategy. Recently it has started to focus on media & redesigning strategy to ensure that a link is developed between digital & traditional marketing channels. All these indicate that the company is mainly focusing on differentiation strategy as it wants to have a strong brand portfolio & optimize the portfolio.
Considering the financial statements & the information in the case there has been revenue growth in the business. But there are some places where the financial results are not satisfactory. But from the CEO’s message, it is indicative that the company has good confidence, operational efficiency, brand power which will help the company to have a better future by improving its revenues & profits gradually.
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