Coursera_Assignment.pptx

FA Michael Odiembo
FA Michael OdiemboDirector at Diverport Consultancy Services um Co-operative Bank of Kenya
STRATEGIC MANAGEMENT
Submission : M B Ravishanker
CAPSTONE ASSIGNEMNT
E – Type
• A new startup company, founded by 4 students who are graduated from
Danish design school and based out of Copenhagen.
• A unique company with strong values: ‘’smash the world, revolutionary, edgy
designers’’
• Their ambition is to expand globally with Edgy & Revolutionary design
concepts.
Strategic Situation
• e-Types was invited to participate in a design competition for Designing a
new Logo for Denmark’s national sports team.
• The challenge which e-type had was, whether to propose new edgy design
or classical design
Proposal 1 : Present only “Edgy Design” – 20% chance of winning
Proposal 2 : Present only “ Classical Design” – 80% chance of winning
Proposal 3 : Present both and let the client decide what they want.
Which design to be presented:
E-Types should choose and present EDGY Design to Team Denmark
• They won’t lose their identity & reputation
• Even if they don’t win the competition with a mere 20% chance They
would surely leave an impression that e-Types is differentiated and stands
out of their competition
• Also, the prize money is not so high to think about compromising their
principle for an instance which is not the end.
Implementing the strategy:
- Need to differentiate yourself from the competitor
- Every customer may not like to go for Radical & Edgy design
- We should understand that any business that keeps customers happy would
cherish and on the opposite if customers are unhappy they would perish.
- e-Types might lose some customers that do not share the same values as them
- They have a strong differentiation point: Radical and edgy design which
creates a big competitive advantage for the company
Implementing Plan:
Short Term:
• Present the ‘’edgy’’ logo for Team Denmark
• Create company’s mission and vision, values and stick to them
Medium Term:
• Build brand reputation and increase market share locally
• Increase their Brand Recognition through Social Media
Long Term:
• Expanding to new markets
Thank you
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Coursera_Assignment.pptx

  • 1. STRATEGIC MANAGEMENT Submission : M B Ravishanker CAPSTONE ASSIGNEMNT
  • 2. E – Type • A new startup company, founded by 4 students who are graduated from Danish design school and based out of Copenhagen. • A unique company with strong values: ‘’smash the world, revolutionary, edgy designers’’ • Their ambition is to expand globally with Edgy & Revolutionary design concepts.
  • 3. Strategic Situation • e-Types was invited to participate in a design competition for Designing a new Logo for Denmark’s national sports team. • The challenge which e-type had was, whether to propose new edgy design or classical design Proposal 1 : Present only “Edgy Design” – 20% chance of winning Proposal 2 : Present only “ Classical Design” – 80% chance of winning Proposal 3 : Present both and let the client decide what they want.
  • 4. Which design to be presented: E-Types should choose and present EDGY Design to Team Denmark • They won’t lose their identity & reputation • Even if they don’t win the competition with a mere 20% chance They would surely leave an impression that e-Types is differentiated and stands out of their competition • Also, the prize money is not so high to think about compromising their principle for an instance which is not the end.
  • 5. Implementing the strategy: - Need to differentiate yourself from the competitor - Every customer may not like to go for Radical & Edgy design - We should understand that any business that keeps customers happy would cherish and on the opposite if customers are unhappy they would perish. - e-Types might lose some customers that do not share the same values as them - They have a strong differentiation point: Radical and edgy design which creates a big competitive advantage for the company
  • 6. Implementing Plan: Short Term: • Present the ‘’edgy’’ logo for Team Denmark • Create company’s mission and vision, values and stick to them Medium Term: • Build brand reputation and increase market share locally • Increase their Brand Recognition through Social Media Long Term: • Expanding to new markets