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List of Case Studies on Strategy - Case Catalogue IV

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22<br />

Restructuring estructuring T TTurnaround<br />

T urnaround Strategies<br />

Strategies<br />

Brenneman (Greg) was appointed as the<br />

10 th CEO. The case discuss about Greg<br />

strategies to turn around the ailing<br />

company.<br />

Pedagogical Objectives<br />

• To discuss the dynamics <str<strong>on</strong>g>of</str<strong>on</strong>g> the fast food<br />

industry<br />

• To understand the factors leading to the<br />

downfall <str<strong>on</strong>g>of</str<strong>on</strong>g> Burger King<br />

• To discuss the attempts made by Greg to<br />

make a turnaround.<br />

Industry Restaurant<br />

Reference No. RTS0116P<br />

Year <str<strong>on</strong>g>of</str<strong>on</strong>g> Pub. 2006<br />

Teaching Note Not Available<br />

Struc.Assig. Not Available<br />

keywords<br />

Whooper; Drive Thru; Take outs;<br />

Changing Management; Strategies; Greg<br />

Benneman; Broiler; competitors; Market<br />

Share; Have it your way; Enormous<br />

omelets; Morale Boosting; Service-quality<br />

good; Liquidity & IPO; Investors.<br />

Rejuvenating Samsung<br />

In 2001, Samsung is not c<strong>on</strong>tent with being<br />

<strong>on</strong>e <str<strong>on</strong>g>of</str<strong>on</strong>g> Korea’s most successful companies,<br />

or even with outsmarting its Japanese rivals.<br />

It wants to become Korea’s first great global<br />

company. CEO J<strong>on</strong>g-Y<strong>on</strong>g Yun (Yun) is<br />

trying to put in place internati<strong>on</strong>al systems<br />

and practices to transform Samsung into a<br />

global company. Yun realises that Samsung<br />

can no l<strong>on</strong>ger succeed by gaining market<br />

share at the expense <str<strong>on</strong>g>of</str<strong>on</strong>g> pr<str<strong>on</strong>g>of</str<strong>on</strong>g>its. He departs<br />

from the company’s traditi<strong>on</strong>al Japanese<br />

business philosophy <str<strong>on</strong>g>of</str<strong>on</strong>g> life-time<br />

employment and respect for seniority.<br />

Samsung’s turnaround strategy is based <strong>on</strong><br />

providing leading-edge, stylish products<br />

that can be sold for a premium. To make<br />

itself look and operate more like a<br />

Western-style multinati<strong>on</strong>al, Samsung<br />

opens its operati<strong>on</strong>s to foreigners. Yun<br />

realises that pr<str<strong>on</strong>g>of</str<strong>on</strong>g>its in the Digital Age were<br />

directly linked to being first to market.<br />

The case outlines Samsung’s initiatives to<br />

become a global brand.<br />

Pedagogical Objective<br />

• The case outlines Samsung’s initiatives<br />

to become a global brand.<br />

Industry C<strong>on</strong>sumer electr<strong>on</strong>ics<br />

Reference No. RTS0115P<br />

Year <str<strong>on</strong>g>of</str<strong>on</strong>g> Pub. 2006<br />

Teaching Note Not Available<br />

Struc.Assig.<br />

keywords<br />

Not Available<br />

Global Branding <strong>Strategy</strong>; Global<br />

Marketing; Product Design; Innovati<strong>on</strong>;<br />

R&D; Restructuring; Advertising <strong>Strategy</strong>;<br />

www.ibscdc.org<br />

Work Culture; Streamlining Product Line;<br />

Time to Market; Product Development<br />

<strong>Strategy</strong>; Empowering Design Department;<br />

Most Powerful Brand.<br />

Reinventing Samsung<br />

Samsung wants to become the most<br />

powerful c<strong>on</strong>sumer brand in the world. The<br />

case outlines Samsung’s R&D initiatives,<br />

global marketing strategy and holistic<br />

brand campaign to reinvent brand Samsung.<br />

Samsung has changed the processes and<br />

procedures in its design department and<br />

given its designers more power to influence<br />

not just how products look but also the<br />

products’ functi<strong>on</strong>ality and applicati<strong>on</strong>.<br />

The case traces brand Samsung’s emergence<br />

as the world’s most powerful brand.<br />

Pedagogical Objectives<br />

• The case outlines Samsung’s R&D<br />

initiatives, global marketing strategy and<br />

holistic brand campaign to reinvent<br />

brand Samsung. Samsung has changed the<br />

processes and procedures in its design<br />

department and given its designers more<br />

power to influence not just how products<br />

look but also the products’ functi<strong>on</strong>ality<br />

and applicati<strong>on</strong><br />

• The case traces brand Samsung’s<br />

emergence as the world’s most powerful<br />

brand.<br />

Industry C<strong>on</strong>sumer Electr<strong>on</strong>ics<br />

Reference No. RTS0114P<br />

Year <str<strong>on</strong>g>of</str<strong>on</strong>g> Pub. 2006<br />

Teaching Note Not Available<br />

Struc.Assig. Not Available<br />

keywords<br />

Global Branding <strong>Strategy</strong>; Global<br />

Marketing; Product Design; Innovati<strong>on</strong>;<br />

R&D; Restructuring; Advertising <strong>Strategy</strong>;<br />

Work Culture; Streamlining Product Line;<br />

Time to Market; Product Development<br />

<strong>Strategy</strong>; Empowering Design Department;<br />

Most Powerful Brand.<br />

Six Flags: The Turnaround<br />

Management<br />

Six Flags headquartered at New York,<br />

owned and operated a chain <str<strong>on</strong>g>of</str<strong>on</strong>g> amusement<br />

and theme parks in the US. Since 2001,<br />

the company had posted annual losses and<br />

around $2.6 billi<strong>on</strong> was lost during the<br />

years. It was cited that heavy expansi<strong>on</strong><br />

and improper marketing insight were the<br />

causes for the losses. So in order to revive<br />

back its positi<strong>on</strong>, the new management<br />

took several initiatives to turnaround Six<br />

Flags. There was a mixed reacti<strong>on</strong> in the<br />

industry and analysts opined that<br />

restructuring would be a costly affair. The<br />

case focuses <strong>on</strong> the management turnaround<br />

at Six Flags.<br />

Pedagogical Objectives<br />

• To discuss about how theme parks were<br />

performing in the US<br />

• To understand the background <str<strong>on</strong>g>of</str<strong>on</strong>g> Six<br />

Flags and its turnaround plan.<br />

Industry Entertainment<br />

Reference No. RTS0113B<br />

Year <str<strong>on</strong>g>of</str<strong>on</strong>g> Pub. 2006<br />

Teaching Note Available<br />

Struc.Assig. Not Available<br />

keywords<br />

Amusement; Theme Park; Struggle;<br />

Turnaround; US Amusement Park Industry;<br />

Marketing <strong>Strategy</strong>; Cross Promoti<strong>on</strong>s;<br />

Acquisiti<strong>on</strong>; Discounts; Credit Card<br />

Programmes; Competiti<strong>on</strong>; Debt.<br />

Levi Strauss in the US (Part B): The<br />

Great Turnaround Plan<br />

Levi Strauss, the original blue jeans<br />

manufacturer, has been steadily losing<br />

market share in the US. since 1996. When<br />

the industry trend was to move<br />

manufacturing facilities to developing<br />

ec<strong>on</strong>omies in order to save <strong>on</strong> labor costs,<br />

Levi dragged its feet. It was also said to<br />

have been sloppy in terms <str<strong>on</strong>g>of</str<strong>on</strong>g> keeping up<br />

with the latest trends in fashi<strong>on</strong> and hence<br />

lost its market leader positi<strong>on</strong> to Tommy<br />

Hilfiger, VF, Gap… and a whole lot <str<strong>on</strong>g>of</str<strong>on</strong>g> new<br />

entrants in the industry. Part A <str<strong>on</strong>g>of</str<strong>on</strong>g> the case<br />

talks about this phase <str<strong>on</strong>g>of</str<strong>on</strong>g> Levi, from its<br />

birth. The issue here is: “How will Levi<br />

stem the decline in its sales and catch up<br />

with the industry trends?”<br />

In the 21st century the company has<br />

initiated a series <str<strong>on</strong>g>of</str<strong>on</strong>g> comeback efforts aimed<br />

at recapturing its lost glory. Levi’s president<br />

and CEO, Phil Marineau, who joined the<br />

company in 1999, has engineered “The<br />

Great LS & Co. Turnaround Plan”, to<br />

revive the company. Part B <str<strong>on</strong>g>of</str<strong>on</strong>g> the case<br />

details these efforts by Levi and tries to<br />

answer the questi<strong>on</strong>s raised in Part A.<br />

Levi expected 2003, its 150th anniversary<br />

year, to be a significant year in the Plan.<br />

But due to the declining market, deflating<br />

prices and tax return errors, the company<br />

suffered a setback in its efforts. Since then<br />

it looks like the company is plodding <strong>on</strong><br />

determinedly <strong>on</strong> its comeback trail.<br />

Pedagogical Objective<br />

• To understand the importance <str<strong>on</strong>g>of</str<strong>on</strong>g> keeping<br />

in pace with the changing trends in<br />

business.<br />

Industry Apparel Industry<br />

Reference No. RTS0112B<br />

Year <str<strong>on</strong>g>of</str<strong>on</strong>g> Pub. 2006<br />

Teaching Note Not Available<br />

Struc.Assig. Not Available

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