StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...

Strategic management on JJB Sports - Essay Example

Cite this document
Summary
Table of contents Introduction 2 Why change is necessary for JJB Sports 2 Paradigm shift 3 PESTEL analysis 4 SWOT analysis 5 Porter’s five forces model 5 BCG Matrix & Ansoff Matrix 6 Competitive advantage 6 Product life cycle 7 Significance of strategic management 8 Critique of contemporary management & research 10 References 12 Appendix 1: PESTEL Analysis 13 Appendix 2: Porter’s five forces model 14 Appendix 3: BCG matrix 15 Appendix 4: Ansoff’s matrix 16 Introduction The high street is in crisis and it has been hit by the triple whammy of the double dip recession, digital competition and the emergence of mega shopping centers…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER92.8% of users find it useful
Strategic management on JJB Sports
Read Text Preview

Extract of sample "Strategic management on JJB Sports"

Download file to see previous pages

Against this background, this paper has been designed to identify the strategic change initiative that can be implemented by JJB Sports in order to revitalise its operations that have dipped as a result of the above mentioned factors. Changes are necessary for businesses so that they can gain competitive advantage over other rival competitors. This will also help the company to grab a large market share which can contribute to its viability in the long run. Why change is necessary for JJB Sports The digital competitive environment of 2013 makes it imperative for all organizations that are concerned about their survival to implement certain changes in their operations.

In order to keep pace with the changes obtaining in the environment in which an organization operates, it is important to implement certain changes that can be aligned to the current business strategy. The use of new information and communication technology has significantly improved the operations of any business during the contemporary period. Therefore, any company that is concerned about its success should harness this new digital marketing and communication strategy. Change is also necessary given that the company will be able to attract more customers since the bulk of business is conducted through the internet during the contemporary period.

Many organizations are shifting from traditional to digital marketing practices since the bulk of business is done online during the current period. In this case, JJB Sports should adopt a brick and click strategy in its operations. According to Bricks & Clicks (2013), this strategy integrates both traditional marketing strategies as well as digital marketing communication strategies and it focuses on different lines of business. The advantage of the traditional marketing strategy is that the organization is in a better position to retain its old customers while the use of digital communication will help to improve the efficiency of the organization in its operations.

The company’s effectiveness can also be enhanced through the use of new information and technology since it will be in a position to process information at a faster rate. The advantage of new information and communication technology is that it can process large volumes of information at higher speed than information that is manually processed. The other advantage is that it is cost effective compared to other forms of communication. The company can also be in a position to reach a wide range of people through the use of the internet given that it is accessible to people in different geographical locations.

Another important consideration for JJB Sports is that it should use aggressive marketing strategies that are aided by new information and communication technology in order to be in a position to gain competitive advantage. The organization ought to realign itself to the needs of the external environment and evaluate the possible outcome of the strategic change programme implemented. There are different strategic management theories that can be used to shape the strategy for the organization.

This section of the paper discusses

...Download file to see next pages Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Strategic management on JJB Sports Essay Example | Topics and Well Written Essays - 3000 words”, n.d.)
Retrieved de https://studentshare.org/management/1404144-strategic-management
(Strategic Management on JJB Sports Essay Example | Topics and Well Written Essays - 3000 Words)
https://studentshare.org/management/1404144-strategic-management.
“Strategic Management on JJB Sports Essay Example | Topics and Well Written Essays - 3000 Words”, n.d. https://studentshare.org/management/1404144-strategic-management.
  • Cited: 0 times

CHECK THESE SAMPLES OF Strategic management on JJB Sports

Peoples Management and Human Resource

This paper aims at identifying the reasons of general employee dissatisfaction reflecting in high turnover rate, poor service, and downfall in profitability, decline in repeat business and other signs of detoriation in sports complex.... Methodology The first and foremost task as a line manager of this sports complex is to identify all the problems areas.... Findings All the problems of sports complex were actually deep rooted in employee dissatisfaction....
7 Pages (1750 words) Essay

Sports Management

You take care of details on the field, we'll take care of the details that lie beyond" That is the catchy philosophy of the leading sports management company, Integrated sports Management.... This motto symbolizes the excitement and fulfilling experience that awaits a career in sports management.... It combines business with the pleasure of modern sports, watching high quality athletes in action.... It has the challenges, trials and tribulations of a modern management career without the drudgery of working in a 9 to 5 environment with plenty of activity, travel and the adrenalin of competitive sports....
5 Pages (1250 words) Essay

Management in sport industry

In sports management business, the method for success is to create authority and make decision with possible involvement of all members in the organization.... hellip; The author states that the growth of sports business can be achieved by two ways, one is diversification and another one is acquisition.... And, vertical acquisition takes place when any sports organization purchases the distributors or suppliers.... Stability Strategy: The stability strategy in sports organizations includes raising the cash flow from the business entity by extracting the assets and directing to the fields such as maintenance, research and advertising....
12 Pages (3000 words) Essay

Governance in Sport

Number of researchers has attempted to provide a definition of governance in the area of management.... Governance aims to provide overall direction to the business by overseeing and supervising actions of management.... The agency theory of corporate governance emerged in the 1970's and has been cited as the central theory of management behaviour in a number of scholarly articles.... The core agency theory does not consider issues of management, internal and external issues of stakeholders of and the society at large....
15 Pages (3750 words) Literature review

Sports Management

Volunteers are one of the most significant human resource departments available within the sports sector.... The essay critically evaluates the motivation of volunteers in large sporting events, as well as the impact of volunteering on the management and operations in large sports events.... Maslow's theory is accepted and used broadly and applies effectively to the sports sector....
18 Pages (4500 words) Essay

Sports Governance of the United States Olympic Committee

Youth Olympic as well as the Parapan American and the Pan American Games (USOC, 2015a). To improve the sports performance, USOC is providing athletes (USOC, 2015b).... For instance, the USOC purposely created its “sports Medicine Division” in order to support the physiological needs of the athletes in case of any serious physical injury (i.... People at USOC are strongly encouraged to behave with integrity and practice creative thinking as they seek to inspire all athletes to give out their best performance in international sports games and competition (USOC, 2015f)....
7 Pages (1750 words) Essay

Peoples Management in the Sports Complex

"Peoples Management in the sports Complex" paper aims at identifying the reasons for general employee dissatisfaction reflecting in high turnover rate, poor service, and downfall in profitability, the decline in repeat business, and other signs of deterioration in the sports complex.... nbsp;… The sports complex is suffering from severe employee dissatisfaction resulting in lower profits, high turnover, etc.... The first and foremost task as a line manager of this sports complex is to identify all the problem areas....
6 Pages (1500 words) Coursework

Sports Education

This paper ''sports Education'' tells that the role of SE in ingraining the importance of physical activity in young people cannot be undermined.... hellip; Siedentop has defined sport education as a tool for educating students in the manner so that they can become competent players with literal knowledge about sports (Hastie et al.... sports education has been designed to help students appreciate sport and accept both high and low of competition....
14 Pages (3500 words) Literature review
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.
Contact Us