Saturday, May 11, 2019
Competitve Capability Research Paper Example | Topics and Well Written Essays - 2500 words
Competitve Capability - Research Paper ExampleAlthough it is the market leader in sell industry, Wal-Mart now faces several challenges as competition increases and its superstore business model becomes irrelevant (Banjo, 2014).B. The main weaknesses be weak online and e-commerce strategy, the superstore retail model is losing ground among customers, limited global presence and competitiveness and lack of strategic customer relationships.The SWOT analytic thinking, SPACE matrix analysis and BCG matrix provides a glimpse into the internal capabilities of Wal-Mart and the international threats and weaknesses, how to align internal capabilities to external environment and how to leverage a Wal-Marts strategic business units (Kozami, 2002).The retail industry in the U.S. continues to have trouble amidst the growing competition, maturing markets and entry of global retailers. Although Wal-Mart retains the market leadership position, because of its tumescent market share and low-cost m arket leadership position, the growing competition and the increasing international intricacy strategies have been a cause of concern even as its superstore model looses ground among retail consumers. The bloom management at Wal-Mart is therefore considering whether to maintain the same strategies or implement new strategies that would not hardly hold onto the market share but also drive performance and growth even in future.The first lesson learned from this study is that internal capabilities and strength are very important in determining, implementing and ensuring victor of competitive strategies. The SWOT analysis is an effective tool for determining the internal strength and weaknesses and identifying the external opportunities and threats (Markgraf, 2014). An analysis of the external environment using the Porters five-factor model suggests that the stiff rivalry in the retail industry remain a key driver for strategic
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