preview

Glo Bus

Better Essays

Running Head: TEAM DISTINGUISHED IMAGES ANALYSIS
Strategic Analysis
Analysis 2
The Glo-Bus application was a very challenging and intriguing exercise.
Starting out in the simulation, our team was positioned well with a good strategy and several strengths in our first couple of years. Despite this strong start, we struggled to adapt to the changing market conditions and adapting our strategy accordingly. Ultimately, we gained several new insights that should help us each in our future strategy formation and execution efforts.
Strategy
As a co-management team we quickly formulated our plan of attack.
We decided to plan weekly phone conference with all the managers of
Distinguished Images. We felt that this would be the most …show more content…

We continued to see that our competitors had stronger warranty programs. In Year 7 we chose not to increase our warranty programs, adhering to the strategy we outlined in Year 6.
Years 8 & 9 was the beginning of our downward trend. We tried to continue our action plan to be the high quality, low cost provider of digital cameras. However, especially after Year 9, we had to begin to be reactive to the market conditions. We were losing ground and needed to find a way to re-gain it. We decided that “a sound way to deal with turbulent market

Analysis 5 conditions is to try to lead change with proactive strategic moves while at the same time trying to anticipate and prepare for upcoming changes and being quick to react to unexpected developments” (Thompson, Strickland &
Gamble, 2008, p.242).
We recognized in Years 8 & 9 that we were lacking in our warranty period for both models and our tech support wasn’t sufficient as compared to that of our rivals. This caused us to extend our warranty periods and bolster tech support in these years. Our competitors were also trying to provide a differentiated product in order to increase their market share.
We started to see our competitors increase their products PQ ratings, specifically in the multi-level cameras, as well as, continuing to strengthen their warranties. Thinking back, it seems that we have violated one of
Thompson, Strickland and Gamble’s “10 Commandments for Crafting

Get Access