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BRL Hardy - Essay Example

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Summary
BRL Hardy is an established wine company from Australia that started to focus on becoming global in the period of late 1990s. The essay carries out the critical assessment and interpretation of the case study regarding the approach of Steve Millar for handling the challenge of leading BRL Hardy…
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BRL Hardy

Download file to see previous pages... Further, there is discussion of the strategy developed by Christopher Carson, the marketing manager for the European segment to build and sustain BRL Hardy’s competitive advantage in the European wine market in 1995-1998. It also analyses the outsourcing challenges and strategic options available for meeting the challenges.
Evaluation of Steve Miller’s approach
Steve Millar’s approach of making BRL Hardy one of the world’s first truly global wine companies was based on the is based on the focus on three most important aspects of the company i.e. the world class production facilities of the companies, global brands of the company and its international distribution. Millar has the approach of making BRL hardy a true international company through the capability of global branding (Voelpel et al 2005). As the focus of Steve Millar is to establish the brand as truly international and global, integrated wine production is the approach followed that includes global branding strategy with strong marketing capability and distribution system. Strategic alliance is the model applied for executing global strategy of the company. The dynamic nee organizational capabilities are built through targeted strategic alliance building with companies situated in various parts of the world, such as Italy, USA and Spain (Bartlett and Beamish 2011). Critically evaluating the approach of strategic alliance for following the globalization, there are several advantages of this approach. Firstly, the company gets the access to supplementary services. It is important as well as quite critical for the success of the business that the business focuses on the core competencies (Stonehouse et al 2004). A strategic alliance enables the company to offer its clients a range of new services without making the client lose its focus on the capabilities and the specialized services. Secondly, the company gets the opportunity to reach new markets. When a company enters the strategic alliance, it automatically increases the brand awareness in an entirely new market venture which the company could not reach before because of the availability of the limited resources. It allows the business to expand the business and increase the market share (Frynas and Mellahi 2011). Thirdly, there is an increase in the brand awareness. When there is an opportunity to grow the size of the market with the alliance, it also presents an additional opportunity of increasing the brand awareness. One of the most important elements of the success of the business is constant as well as growing brand awareness (Campbell et al 2011). If there is no growth in brand awareness, then there is no growth in the business as well. Without putting extra cost and time, the brand awareness is grown among the wider audience. Fourthly, there is an increase in the number of customers and the clientele as strategic alliance exposes the company to new customer base in the target market (Dewit and Meyer 2010). As in the BRL hardy case, the company experiences huge success as strategic alliances with companies situated in Spain, USA and Italy, etc. has added essential infrastructure, expertise and finance including technological infrastructure. The main objective of the company i.e. global branding with strong distribution and marketing is attained through this approach of strategic alliances followed by Steve Millar (Voelpel et al 2005). Although, there are several ...Download file to see next pagesRead More
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