Nobody downloaded yet

Irish Ferries Strategic Management - Case Study Example

Comments (0) Cite this document
Summary
This section analyses of the company Irish Ferries, its goals, objectives, competitiveness, and strategies. The report also explores its business environment, and tries to identify its critical success factors.
Irish Ferries is part of the Irish Continental Group plc., a public limited company incorporated in Ireland…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.6% of users find it useful
Irish Ferries Strategic Management
Read TextPreview

Extract of sample "Irish Ferries Strategic Management"

Download file to see previous pages 1.4 PESTLE Analysis:


Political
No adverse legislation in Ireland/ EU. Adverse legislations not expected in future.
Possibility of government subsidies to some routes in future.
Future legislation in foreign countries could benefit local ferries.
The company operates in peaceful zone; threat due to war and conflict is minimal.
Inter-country relationships are generally supportive; no major threat expected.
Economic
Global economic situation is adverse. Effect is less severe in EU; situation could improve in 18 months.
This could be an opportunity as users may prefer low cost ferries, which benefits Irish Ferries.
The customer segment varies from general industrial cargo to leisure travel; as such, business risk is diversified.
Taxation rates are mostly uniform across EU; double taxation avoidance treaty amongst most countries. However, differences exist in VAT rates; can be minimized by setting up a multi-national corporation structure.
Interest and exchange rate differences between EU countries (European Central Bank).
Social
Roll-in roll-out segment promotes the trend of travelling with cars.
Consumer attitudes/ opinions and media views positive.
Established low cost plus quality brand image; "Best Ferry Company" eight years in a row.
Management style/ work culture of the company is professional.
Technological
The company has invested heavily state-of-the-art vessels.
The company provides web-based booking option to leverage sales.
Future bridge/ under water tunnel between Ireland England is a threat.
Technological advancement in operational aspects can generate more value.
Strategic tie-up with partners to enable seamless travel between Ireland and EU.
Legal
Changes in laws can affect business. However, no adverse laws...
It has invested over 500 million (Irish Ferries 2) in new fleet and port facilities, and has the most modern fleet in Europe. The fleet includes the Ulysses (world's largest car ferry), the Dublin Swift (high speed catamaran), the Isle of Inishmore, and the luxurious Oscar Wilde. During 2007, Irish Ferries carried 1.57 million passengers, and 405,000 cars with a total number of 4,289 sailings.
For eight years in a row, Irish Ferries has been voted Ireland's "Best Ferry Company". Its motto is "The Low Fares Ferry Company", reflecting its determination to offer customers the very best value ferry fares.
Taxation rates are mostly uniform across EU; double taxation avoidance treaty amongst most countries. However, differences exist in VAT rates; can be minimized by setting up a multi-national corporation structure.
The company sources services from several suppliers, whose collective bargaining power is not expected to be high. The company also sources high quality shipping equipment and spares from suppliers. Since these equipments (and especially spares) can be sourced only from limited sources, suppliers would posses some bargaining power. The overall bargaining power of suppliers is Medium-Low.
The customers are not organized in groups, and are not expected to have strong col ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Irish Ferries Strategic Management Case Study Example | Topics and Well Written Essays - 3000 words”, n.d.)
Irish Ferries Strategic Management Case Study Example | Topics and Well Written Essays - 3000 words. Retrieved from https://studentshare.org/business/1526541-irish-ferries-strategic-management
(Irish Ferries Strategic Management Case Study Example | Topics and Well Written Essays - 3000 Words)
Irish Ferries Strategic Management Case Study Example | Topics and Well Written Essays - 3000 Words. https://studentshare.org/business/1526541-irish-ferries-strategic-management.
“Irish Ferries Strategic Management Case Study Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/business/1526541-irish-ferries-strategic-management.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Irish Ferries Strategic Management

Strategic management

...? Strategic Management College: Question one a) Yes, cooperation in a finitely repeated game can be sustained in a sub-game perfect Nash equilibrium, for instance, if the stage game has many Nash equilibria, if uncertainty about players’ preference exists, or if the number of times to be played is not common knowledge (Norman, 2011). In addition, when players have other regarding preferences, cooperation can be sustained. b) No, every Nash equilibrium is not sub-game perfect in an extensive form game, but the other way round. Nash equilibrium is a sub-game perfect if its restriction to every sub-game is Nash equilibrium of the sub-game. This is because every finite extensive form game contains at least a...
6 Pages(1500 words)Essay

Strategic management

...?Strategic Management Table of Contents Table of Contents 2 Introduction 3 Overview of British Airways and Its Success Story 3 Analysis of British Airways 4 PESTLE Analysis 5 Porter’s Five Forces Model 7 Value Chain 9 Evaluation of Business Strategy 12 Porter’s Generic strategies 12 Recommendations 13 Conclusion 14 References 15 Bibliography 17 Appendices 18 Introduction Overview of British Airways and Its Success Story British Airways is one of the leading British airline companies, which was established in the year 1971. British Airways is a full service international airline of the United Kingdom. The head office of British Airways is located in Waterside of Harmondsworth of England. British Airways...
14 Pages(3500 words)Essay

Strategic Management

... Strategic Management Question 1(i) Structural characteristics of the TV manufacturing industry from the point of view of the Five Competitive Forces (Porter) framework Threat of New Entrants Low Rivalry Moderate Bargaining Power of Suppliers Moderate Bargaining Power of Buyers Moderate Threat of Substitutes High Source: (Marconi, 2010). Question 1(ii) Sony Strategy Using the Resource-Based View of the Firm Framework The resource-based view is quite significant in comprehending how to make use of the capabilities of the firm so that it can accomplish sustainable competitive benefit. It comprises tangible resources, intangible resources as well as human resources. The strategies implemented by Sony will...
6 Pages(1500 words)Case Study

Strategic Management

... practices involve presenting customer satisfaction without breaking the ethical behaviour in health and profit analysis. With poor planning and satisfaction of employees, the business may be incapable of effective performance. References Bresser, K. R. (1998). Strategische Managementtheorie. Berlin: Walter de Gruyter. Print. Frawley, T., & Fahy, J. (2006). Revisiting the First-Mover Advantage Theory: A Resource- Based Perspective. Irish Journal Of Management, 27(1), 273-295. Henricks, M. (2009). When second really is the best. Entrepreneur, 37(6): 71-77. Jagpal, S., & Jagpal, S. (2008). Fusion for profit: How marketing and finance can work together to create value. New York: Oxford University Press.... ? The aspect to establish competitive...
5 Pages(1250 words)Essay

STRATEGIC MANAGEMENT

.... Managing E-commerce in Business. Juta and Company Ltd. Botten, N. 2009. Enterprise Strategy: Strategic Level. Elsevier. Dave, C. 2008. E-Business and E-Commerce Management. Pearson Education. Epstein, M.J. 2004. Implementing Ecommerce Strategies. Greenwood Publishing Group. Goi, C.L. 2005. Marketing Mix: A Review of ‘P’ [online]. Available at http://www.arraydev.com/commerce/JIBC/2005-08/goi.htm [Accessed on: 31 July 2012]. Heinemann, G. and Schwarzl, C. 2010. New Online Retailing: Innovation and Transformation. Springer. Hills, C. and Jones, G. 2009. Strategic Management Theory: An Integrated Approach. Cengage Learning. Hoffman, D.L. and Novak, T. “How...
24 Pages(6000 words)Essay

Irish organizations' strategic Diversity management plan

...as Irish and hence may end up indulging in conflicts. Irish managers have to take a lot into account for the organization or for the community as a whole. If one talks about an Irish organization’s strategic Diversity management plan, it is important to ask a few questions like5: Do we actually have diversity? What sort of Diversity do we experience? Is it race or gender? Time and Cost allocation, will we get approvals? What do the training costs and benefits analysis tell us? Who to involve and who to exclude from the plan? All these questions are important and need to be thought of by managers before coming up with any...
7 Pages(1750 words)Assignment

Strategic Management: Strategic Choices

...?Introduction From a local Japanese company, Toyota has emerged as one of the world’s largest car manufacturer with production, operations and sales all over the globe – a truly giant multinational organization. Although the Japanese has been known for its discipline and industry, the success of the company can be attributed more to the business strategies it has developed and implemented over the years. In fact, a discussion of Toyota’s strategies has become a common staple not only for aspiring business and management students but also for professionals across the business spectrum. Business Strategies Toyota’s business strategy can be perceived to contain four ingredients: innovation, localization, mass production...
4 Pages(1000 words)Essay

Strategic Management: Strategic Choices

...? Strategic Management: Strategic Choices Training and Doctrine Command (TRADOC) Mission of TRADOC Training and Doctrine Command (TRADOC) mission is to develop the soldier, train and educate the soldiers, the leaders and the civilians; supports unit training, designs, integrates and builds a versatile mix of formations, capabilities and equipment in order to strengthen the US Army (TRADOC, 2012). Strategic choices by TRADOC The TRADOC Strategic plan has three strategic choices which provide as organizing constructs for main objectives and tends to support the achievement of the strategic objectives and execution of mission and role of the Army trainer leading to change in the Army. Therefore, the three strategic options for TRADOC... unit...
3 Pages(750 words)Essay

Irish revolution

...Irish Revolutionary Introduction Revolutions and change go hand in hand since revolutions result in changes in politics and the way of living in the society. Actually, changes are very important in the society and people cannot just resolve whether all conflicts result in positive changes unless a general analysis is done on the revolution. Therefore, revolutionary conflict may mean the emphasis of the condition of dual sovereignty. The occurrence of dual sovereignty means that an occurrence of revolution follows. On the other hand, it may become very difficult to establish the result of the conflict whether it brings about a positive or a negative change especially when the revolutionaries succeed and the challenging...
4 Pages(1000 words)Essay

Strategic Management: Strategic Choices

...the following statements by which the management represents their idea about HP Way: Company has trust and respect for persons. Company's center of attention is high level of attainment and contribution. Carry out business with uncompromising honesty. Attain common objectives by teamwork. Encourage flexibility and advancement. (The HP Way, 2005). Vision of the Hewlett Packard Aspirations, expressed as strategic intent, should lead to an end; otherwise they would just be castles in the air. That end is the vision of an organization.(Kazmi A., 2002)Vision of the Hewlett Packard is that the next generation of data centers would operate with less energy and almost without people. (Darlin, D. 2006) HP's...
4 Pages(1000 words)Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Case Study on topic Irish Ferries Strategic Management for FREE!

Contact Us