In a case study solution produced by HBR Case Solutions, we are given an insight into how it makes decisions. We learn that the company takes into account certain key factors, such as the competitive environment, capital expenditure, operating profit margin, risk-taking attitude of employees, business growth, capital structure, and operational efficiency. Of course, all these factors are interdependent.
We also learn that the Company makes use of forecasting tools like computer models, weather patterns, weather forecast services, historical patterns, etc. to come up with a trend analysis. This trend analysis helps the Company to determine what will happen in the future.
Another section in the HBR Case Solution on the Disney Company is on strategic planning. Strategic planning is done on different aspects of the Company’s operations. Here, we learn that the Company has a wide range of objectives and plans in operation, including expanding its current operations, furthering its growth and scope, generating greater profits, building strategic partnerships, and enhancing customer loyalty.
The strategic plan objectives include creating shareholder value, increasing operational efficiencies, enhancing quality and safety standards, maintaining quality control systems, and increasing productivity. The Company is also involved in research and development. Through their research projects, they strive to provide innovative and advanced entertainment products.
It appears that HBR Case Solutions’ Case Study Analysis of the Disney Company in Disney World suggests that the Company seeks to achieve the same objectives as other businesses do. Moreover, it aims to grow and prosper. This aspect seems to be highlysignificant when planning a corporate strategy.
Some of the elements in the strategic plans include providing creative entertainment, enhancing performance, enhancing customer service, and capitalizing on new and existing consumer relationships. It also aims to attract customers and generate higher levels of sales, lower operating costs, and enhance the success of its franchisees. With the emphasis on attracting, developing, and retaining customers, the Company manages to stay at the forefront of its industry.
The Company also makes use of “word of mouth” advertising and other social media. The management clearly identifies the need to ensure that consumers are aware of the things that the Company has to offer. It also seeks to make its customers satisfied and stick with the brand.
The HBR Case Solution on the Disney Company shares one important finding: “The company stresses that high quality is of prime importance, but that quality and cost are not mutually exclusive.” We can clearly understand that quality and cost do not necessarily go hand in hand.
The HBR Case Solution on the Disney Company concludes that high levels of quality are needed to establish and maintain a brand. This factor helps establish a “franchise” relationship between the Company and its customers. Furthermore, the benefits of high quality extend beyond the Company’s brand image and improve the Company’s profitability.
The HBR Case Solution on the Disney Company lays out the importance of proper planning when trying to plan a strategy for the Company. And the importance of ensuring that every move the Company makes is based on sound business judgment is acknowledged.
How the corporate strategy is formulated depends on how well the leaders identify and exploit competitive strengths, while minimizing or eliminating areas that could negatively impact future profit and growth. The strengthof the Company’s brand is also critical to the success of its strategic planning and execution of its plans. The HBR Case Solution on the Disney Company is an excellent example of a Case Study Help and recommends this case study solution for schools, corporations, and for leadership development programs.