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.
Nobody downloaded yet

Strategy and the Management of Change - Essay Example

Comments (0)
Summary
Strategy and the Management of Change Table of Contents Introduction 4 The Environmental Analysis 5 The Current Strategic Position 8 The Strategic Options and Suggested Tactics 9 The Factors in the Decision 10 The Tests of the Strategic Options 10 Choice of Strategic Option Recommended and the Chosen Element of Change 11 Implementation Considerations 11 Conclusion 13 References 14 16 Bibliography 17 Appendices 18 A.Chronology of River Island 18 B.Environmental Analysis 19 C.Porter’s Five Forces 20 D.SWOT Analysis 21 E.Stakeholders Analysis 22 F.Value Chain of River Island 23 G…
Download full paper
GRAB THE BEST PAPER

Extract of sample
Strategy and the Management of Change

Download file to see previous pages... The company is a wholly owned subsidiary of the Lewis Trust Group Ltd. The diversified Lewis Trust Group operates in the retail, leisure, property and financial services industry (River Island, 2011). River Island has been present in the fashion retailing industry since the last six decades. The company is recognised for its elegant and reasonably priced fashion in addition to the exclusive touches the company gives to its fashion collection, making them standout from the other fashion retailers of the High Street (River Island, 2011). The company was established in the year 1948 in the form of a small store in London dealing with wool and ladies clothing. As the business expanded, the company started to focus only on ladies clothing and came to be known as ‘Lewis Separates’. By the year 1968, the company had around 70 stores in the UK. During the same time, Lewis Separates opened up few new concept stores with innovative designs and formats that were known as ‘Chelsea Girl’. Chelsea Girl was the foremost fashion boutique chain in the UK. In the year 1983, the company came up with men’s wear under the name ‘Concept Man’. Nevertheless, as a result of further progression, in 1988 the company evolved into theme store offering footwear, cosmetics, accessories, and men’s as well as women’s clothing and came to be known as ‘River Island’ (Competition Commission, 2004; Lea-Greenwood, 1993). The Environmental Analysis This section of the study would focus on the environmental analysis which would comprise of an assessment of the Political, Economic, Social, Technological, Environmental and Legal atmosphere affecting the United Kingdom where River Island is headquartered (Havergal & Edmonstone, 1999; Learn Marketing, n.d.). The United Kingdom offers a relatively stable domestic political environment to River Island. However, developed nations like the UK cannot contend with the developing countries in terms of low-cost manufacturing facilities and cheap labour. The regulations of the European Union impact the apparel industry of the UK in terms of minimum remunerations, fixed working hours and imports from across the EU boundary (Key Note, 2001). The economic environment of the UK would have an imperative impact on apparel stores like River Island. The rise in the prices of real estate particularly in the prime sites of the region might decelerate the store extension activity of River Island or might result in decrease in the floor space of the new stores. The augmentation in the oil prices would also increase expenses through the supply chain of the company. The potential economic depression in the region had lead to the decline in disposable income of the public on apparels and fashion products, causing a likely decline in the prospective market (Key Note, 2001). The major social trend prevalent these days is a shift towards lavish lifestyle and stylish clothing particularly among the urban adults. The increased inclination of the public toward fashion garments and accessories have enhanced the necessity for product diversification amongst the apparel stores and River Island is no exception. The rapid technological advancement and the exceeding ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Role of HR as Business Partners in Impementation of Change Management Strategy
The research uses qualitative data collection method and a reflective analysis method. The research findings indicate that the role of HR is limited to being a facilitator in the implementation of the change management strategy in the selected organizations.
60 Pages(15000 words)Essay
Business Process management as a real , meaningful change strategy
After this point a critical discussion will be conducted arguing both the merits and disadvantages of BPM as a meaningful change strategy. According to Benitez (2006) it is the case that broadly speaking one could define a business process as the work that is required to be done by an organization through it systems for external or internal clients.
3 Pages(750 words)Essay
Reflect on a Recent Change Management Project or Strategy
MediSys is a standard patient services health care facility that also maintains specialized staff in a variety of health care services from cancer treatment, human services counseling, as well as walk-in care services to individuals without appointment or insurance coverage.
14 Pages(3500 words)Essay
Strategy and Change Management
With this, it is a common knowledge that these separate entities do have different Human Resource Management styles and the fusion of these two companies gave birth to a new Human Resource Management scheme that would cater the interests of this company now rolled into one.
12 Pages(3000 words)Case Study
Change management
Relentless change has become a fact of organizational life. Change could involve a process, technology or public process. This paper will discuss the key areas of change,
3 Pages(750 words)Essay
Change Management
is further mentioned that business has also become a unified, global filed as trade barriers fall, communication becomes faster and cheaper and consumers tastes in everything. Saka (2003) mentioned that there is evidence to suggest that the universal, prescriptive model of
14 Pages(3500 words)Essay
Strategy and change management
Merger and acquisitions are the typical process that is implemented in business practices in order to reduce cost. Airline industry is potential industry throughout the past, but several issues such as hike in fuel price, global recession, economic slowdown of
12 Pages(3000 words)Essay
Strategy and change management
Merger and acquisition is one such strategy that contributes in reducing the operational cost as well as maximise the revenue earned at the same time. The assignment will focus on the airline industry. The industry has come under the threats of
12 Pages(3000 words)Essay
Strategy choice and change
These change contexts can clearer be identified with the transport engineering division (TED) of Ascension plc. The change contexts that organisations
11 Pages(2750 words)Essay
Strategy-choices and change
More often, it handles track and signaling maintenance as well as larger transport engineering construction projects (Cameron, 2015). The case study critically examined the reforms that were carried out in TED when it was almost
10 Pages(2500 words)Essay
Let us find you another Essay on topic Strategy and the Management of Change for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us