OFF THE cHAIN bIKES | Strategic Plan | Off The Chain Bikes Business Strategy | | Sean Miller, Joshlin Martinez, Catrina Phelps, and Feng Zhang | 4/6/2013 |
At Off The Chain Bikes our mission is to be a profitable provider of high quality bicycles that provide value to our customers and create a company that can attract, recruit and retain smart and talented employees. Our vision is to be established as one of the top Bicycle Manufacturing companies in the country and provide innovative and quality products to our customers. Outlining our goals, analyzing and strategizing for our internal and external environment, staying on top of our financial health, taking care of our investors, and effectively marketing our products will
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Being aware of our external environment and constantly striving to adaptation and customer satisfaction will allow Off The Chain Bikes to maximize our revenue, shareholder value, and brand popularity. These maximized components will allow us to stay at the top of the industry and create healthy longevity for our company and its employees. Starting from a company of less than 75 workers and owning less than 20,000 SCU for production, research, quality assurance and conduct warranty work Off The Chain Bikes has doubled the plant capacity and hearing doubling the workforce within two short years. The company is successful by targeting and capturing lucrative market shares by heavily investing in the desired technical specs and design styles of one of the most influential Racing bikes. Our keen ability to thoroughly research market demands, predicting competitive strategies between the four market majority shareholders by reviewing and interpreting the marketing reports and our aggressive design and development plans have significantly increased our market share and increase shareholder value. Our core competencies and strategic goals will be realized by carefully following our established plans and aggressively price our bikes to increase total market share.
Strengths
* Off The Chain Bikes’ aggressive strategic plan to introduce new
our business. As the president and the CEO of Bikes Bikes Bikes, I am proud to present to you the
National bicycle needs to improve the efficiency and reliability if the customized bicycle product is going to be successful.
Access-based positioning: The popular designs were changed over time to appeal to existing customers who enjoyed the bikes of the olden days; customer loyalty. [p 34 What is Strategy?]
Externally, Kootenay must compete with the low cost mass-manufacturer, custom bike makers at all levels and unexpected demands in the market.
The main key characteristic of this organization is dirt bike, high significant for “racing”. Their significance to the market is metal test,
Analyzing Competition Bikes Inc.’s financial status requires evaluating its internal operations reflecting the horizontal, vertical, ratio, and trend analysis, as well as its working capital. These reviews provide profit margins allowing for projecting any necessary budget restraints in overhead costs and sales potential. Yearly production performance comparisons, based on overhead
Presently, the key stakeholders are the government, the suppliers of the bikes, the employees, the costumers and the community. Each of these groups contributes in some way and has their own opinions, views and suggestions for the project. These stakeholders are crucial for Citi Bike and therefore their interests must be recognized in order to facilitate the development of the project.
The balanced scorecard has four perspective and strategic objectives that can be important to Mountain High Bikes. The first perspective is the financial, which determines Mountain High Bikes’ goal of providing returns on their customers’ investment. The strategic objectives of Mountain High Bikes are the financial status and cost of the products. The second perspective, which is the customer and it is concerned with identifying what the customers’ wants and develop ways to keep them. Mountain High Bikes strategic objective is focused on their customer satisfaction and their loyalty. The third perspective is internal business and it is concerned with improving the process of customer’s satisfaction and improving the efficiency of the operations of Mountain High Bikes. The strategic objective of MHB is the product cycle and the maximum use of the facility. The final perspective is
In this capstone integrated project report, the project team explored the firm Ride More Innovations Ltd. (RMI) and its first product, Mac Ride . Mac Ride is a unique, front mounted, child seat for mountain bicycles. This report begins by analyzing the child bike seat industry. Subsequently, RMI’s current strategy, potential markets and competitors across various geographical locations are investigated in detail. Based on this analysis, different strategies are analyzed before a final recommendation is suggested. The report also includes an implementation guide for the recommended strategy as well as a description of the finance required to execute the strategy and expected results of the strategy execution.
Founded in 1903 by Arthur Davidson and William S. Harley to supply racing motorcycles. When the business began Harley-Davidson began producing small engines fixed to frames. Being very successful in business, Harley-Davidson invented a V-Twin engine which was larger and much more efficient than previous models. This new invention formed an integral part in developing what is considered to be the modern day motorcycle. After the wars when soldiers were coming home soldiers found motorcycles to provide a cheaper form of transportation. This research paper will discuss the general business environment, risks and uncertainties, corporate strategy, and viability of Harley-Davidson forming a co-operative strategy along with recommendations for the company.
Ducati began as a small company manufacturing electrical components for radios. Twenty years later, after World War II, they launched a small motor to augment bicycles. Soon thereafter, Ducati began producing a frame to pair with their small engine. Increasing popularity of their small motorcycle encouraged the development of two different engine sizes. Within the next few years, Ducati introduced the Desmodromic system to increase power and performance. This innovation has remained central to Ducati’s product lines to this day. Much of their niche success has drawn on notions of high performance, emotional response, nostalgia, and style. There have been ups and downs in Ducati’s history, but this analysis will focus on the “Turnaround” period from 1996 to 2001 and their possible strategic options for the future.
The sales and marketing for all bike manufacturers is to make the bike appealing to the eye and to fulfill a dream of being able to ride as fast as their heroes in the Tour de France.
EDC is the leading cycle manufacturing company in USA with 30% market share. Ann Reardon, CEO of the Eldora Co. (EDC), has led her organization to become the largest and most profitable bicycle maker in the U.S. market. When her competitionwas moving its operations overseas because of lower labour costs, she chose to keepEDC's plant on the same campus as corporate headquarters in Boulder, Colorado. Two of company’s major strengths were company culture and common campus for alldepartments such as marketing, manufacturing, sales etc. which helps EDC in fastercommunication and changes in the style, production plan and making responsive supplychain. EDC specializes in producing good quality bicycles at a cheaper price than othercompetitors in the market.
The release of new products for the industry proved to have a neutral effect for the KHMJ Company. While the company managed to mirror the market share upgrades of competitors, the firm unanimously agreed on being less than pleased with the lack of relative movement along the industry performance standings. The industry as a whole did a poor job at researching the marketplace and its needs as all companies decided to enter the youth segment rather than diversifying and satisfying the road bike segment. This left an entire market untapped and free for the taking. KHMJ could have capitalized on this opportunity by communicating better with competitors and securing more accurate data. The best indicator for to show the
“Avanti bicycles is an Australasian organization starting from New Zealand and now circulates bikes to numerous nations inside Oceania, Asia and Europe. Avanti put its first bike into the New Zealand advertise in 1985 and from that point forward has manufactured its range to 100+ models cooking for all zones of cycling from kid 's bicycles directly through to Olympic bicycles. “ (www .avanti.com)