Adidas Strategic Management Analisys
Strategic Management Analysis
Introduction
The aim of this report is to undertake a strategic analysis of Adidas.The Adidas strives to be the global leader in the sports goods industry with brands build on a passion for sports and sporting lifestyle, it sells products in virtually every country around the world.
For more than 80 years, the Adidas has been part of the world of sports on every level, delivering state-of-the-art sports footwear, apparel and accessories. Adidas strategy is: continuously strengthen brands and products to improve competitive position and financial performance. Adidas brands are visible all over the world and sponsor global sports events such as the Olympic Games.
Task A-Market Environment Analysis
Strategy
"Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations".
Strategy can be defined as the scope of an organization over the long term, which achieves advantage in a changing environment through effective utilization of resources and competencies (Johnson et al, 2005, p9)
Organizational decision makers base their choice of strategy on their perceptions of the opportunities and threats in the environment, and the Internal strengths and weaknesses of their organization. Then, as a result of the strategy they choose, they institute an appropriate organizational structure. (. P111 Slack, M Parent, 2006)
It is important for adidas Group to identify and respond to environment and industry changes in order to change its strategy and stay competitive and innovative.
Sports equipment Industry
The sporting goods industry includes a wide range of sports and recreation activities.
While most people tend to think of the industry in relatively narrow terms related to their own experiences, in reality, the industry includes six
Introduction
The aim of this report is to undertake a strategic analysis of Adidas.The Adidas strives to be the global leader in the sports goods industry with brands build on a passion for sports and sporting lifestyle, it sells products in virtually every country around the world.
For more than 80 years, the Adidas has been part of the world of sports on every level, delivering state-of-the-art sports footwear, apparel and accessories. Adidas strategy is: continuously strengthen brands and products to improve competitive position and financial performance. Adidas brands are visible all over the world and sponsor global sports events such as the Olympic Games.
Task A-Market Environment Analysis
Strategy
"Strategy is the direction and scope of an organisation over the long-term: which achieves advantage for the organisation through its configuration of resources within a challenging environment, to meet the needs of markets and to fulfil stakeholder expectations".
Strategy can be defined as the scope of an organization over the long term, which achieves advantage in a changing environment through effective utilization of resources and competencies (Johnson et al, 2005, p9)
Organizational decision makers base their choice of strategy on their perceptions of the opportunities and threats in the environment, and the Internal strengths and weaknesses of their organization. Then, as a result of the strategy they choose, they institute an appropriate organizational structure. (. P111 Slack, M Parent, 2006)
It is important for adidas Group to identify and respond to environment and industry changes in order to change its strategy and stay competitive and innovative.
Sports equipment Industry
The sporting goods industry includes a wide range of sports and recreation activities.
While most people tend to think of the industry in relatively narrow terms related to their own experiences, in reality, the industry includes six
Bibliography: http://www.bbc.co.uk/news/business-14134034 (Hoover 's Inc., 2001) * T Slack, M Parent, 2006, Human Kinetics, Understanding sport organizations: the application of organization theory, 2nd ed * By Richard A