3. Road Map Introduction SWOT & PEST Analysis Core Competency Five Competitive Forces Creating Competitive Advantage Matrix Conclusion
4. Introduction Mehidpurwala Pvt. Ltd. (est. 1885) at Siyaganj Indore. Almost two generation passed away by serving this organization. Started by Lt. K. Mehidpurwala Son-Mr. BabuBhai Mehidpurwala (76) Daughter-in-law: Ms. Sakeena Mehidpurwala (72)
6. What is SWOT analysis? SWOT analysis is a strategic planning method used for 360 degree overview.
7. Strengths Strong local known brand. The Mehidpurwalabusiness model is unique in its construction and execution. Success has been driven from the price architecture offering value to the customer.
8. Cont’d A degree of specialist knowledge. Provide assistance such as kitchen installations.
9. Weakness Gaps in capabilities Low morale during off season Uncertain cash flow Weak MIS
14. Balanced Score-Card Financial “Expansion of business Requires capital” Internal Business Process “To satisfy our customers, Which process we are Following.” Customer “To achieve our vision, how should we appear to our customers?” Vision and Strategy Learning & Growth “Our past flaws learn us to serve better”
15. What is PEST Analysis? Consists of internal environment and external environment
18. Socio-Cultural Factors Three different zones of Indore have their shops Distribution of Income- People of lower middle class not finding suitable places Mobility- accessible Purchasing power in Indore is increased Consumerism
19. Advantage of Technology In terms of Economies of Scale; more sales at low prices Transportation handling New Discoveries & Innovations in designs Technological Factors
20. Core Competency Customer Service is our prime motive, which sheds colors on others-Customized Products
22. Creating Competitive Advantage Create schemes for marriage gifts From low cost to high cost product can be obtained High switching cost to customer
23. Product Mix In past they keep only furniture but as the time proceeds they started selling many decorative goods.
25. Ansoff Matrix Product Current New MP- Basic Furniture PD- Affordable Kitchens, and other range of products Market New Current MD-Corporate Furniture Di-?