Strategy Formulation
OPEN LEARNING CENTRE
IN ASSOCIATION WITH
UNIVERSITY OF GLOUCESTERSHIRE
Programme Corporate Management Development Programme (CMDP)
Course
Module Environment of a Manager
Cohort G3
Name Barbara Chinzunza
Lecturer Stanlake Hove
Word Count 2950
Due Date 12/12/2011
Table of Contents
0.0 Executive Summary 3 1.0 Introduction 5
1.1 Vision, Mission Statement and Objectives 5 2.0 TPS Environment 5
2.1 Macro Environment 6
2.1.1 Political 6
2.1.2 Economic 7
2.1.3 Technological 8
2.1.4 Social 8
2.2 Industry 9
2.2.1 Substitutes 10
2.2.2 Threat of Entry 10
2.2.3 Buyers 11
2.2.4 Competitive Rivalry 11
2.2.5 The sixth force – Complementators 11
2.2.6 Criticisms of the Five Forces Model 12
2.3 The organisation 12
2.3.1 SWOT (Strengths, weaknesses, opportunities and threats) Analysis 12
2.4 Current Strategic Position 14
2.4.1. E-V-R (environment- values- resources) Congruence 14
2.4.2 The consciously incompetent organization 15
2.4.3 Strategic Drift 16
2.4.4 Boston Consulting Group (BCG) growth/share matrix 17
2.4.4 Criticism of the BCG growth/share matrix 18
2.5 Repositioning for TPS 18
2.5.1 Recruitment of experienced and competent resources 18
2.5.2 Development of new products to suit the buyers needs 18
2.5.3 MNOs should reduce physical cards in the market 18
2.5.4 Develop Partnerships with till suppliers 18
2.5.5 Aggressively look for business for hardware repairs. 18
2.5.6 Reduce cost base on software development 18 3.0 Conclusion 19 4.0 References 20
0.0 Executive Summary
Transaction Payment Solutions (TPS) was founded in Zimbabwe in 1992. TPS’ core business is the provision of electronic funds transfer (EFT) solutions for the African market. TPS is part of the UK-based Liquid Telecom Group and has its head office in Port Louis, Mauritius. In line with its growth strategy, TPS has opened
IN ASSOCIATION WITH
UNIVERSITY OF GLOUCESTERSHIRE
Programme Corporate Management Development Programme (CMDP)
Course
Module Environment of a Manager
Cohort G3
Name Barbara Chinzunza
Lecturer Stanlake Hove
Word Count 2950
Due Date 12/12/2011
Table of Contents
0.0 Executive Summary 3 1.0 Introduction 5
1.1 Vision, Mission Statement and Objectives 5 2.0 TPS Environment 5
2.1 Macro Environment 6
2.1.1 Political 6
2.1.2 Economic 7
2.1.3 Technological 8
2.1.4 Social 8
2.2 Industry 9
2.2.1 Substitutes 10
2.2.2 Threat of Entry 10
2.2.3 Buyers 11
2.2.4 Competitive Rivalry 11
2.2.5 The sixth force – Complementators 11
2.2.6 Criticisms of the Five Forces Model 12
2.3 The organisation 12
2.3.1 SWOT (Strengths, weaknesses, opportunities and threats) Analysis 12
2.4 Current Strategic Position 14
2.4.1. E-V-R (environment- values- resources) Congruence 14
2.4.2 The consciously incompetent organization 15
2.4.3 Strategic Drift 16
2.4.4 Boston Consulting Group (BCG) growth/share matrix 17
2.4.4 Criticism of the BCG growth/share matrix 18
2.5 Repositioning for TPS 18
2.5.1 Recruitment of experienced and competent resources 18
2.5.2 Development of new products to suit the buyers needs 18
2.5.3 MNOs should reduce physical cards in the market 18
2.5.4 Develop Partnerships with till suppliers 18
2.5.5 Aggressively look for business for hardware repairs. 18
2.5.6 Reduce cost base on software development 18 3.0 Conclusion 19 4.0 References 20
0.0 Executive Summary
Transaction Payment Solutions (TPS) was founded in Zimbabwe in 1992. TPS’ core business is the provision of electronic funds transfer (EFT) solutions for the African market. TPS is part of the UK-based Liquid Telecom Group and has its head office in Port Louis, Mauritius. In line with its growth strategy, TPS has opened
References: 1. PORTER, M.E., 1980. Competitive strategy: Techniques for Analyzing Industries and Competitors. New York: Free Press. 2. ANALOUI, F., KARAMI, A., 2003. Strategic Management: In Small and Medium Enterprises.1st ed. Great Britain: Thomson Learning. 3. APPLEBY, R.C., 1994, Modern Business Administration. 6th ed. London: Pitman Publishing. 6. Econet Wireless Zimbabwe Limited, 2011. Annual report 2011. Harare: Econet Wireless Zimbabwe. 7. HUSSEY,D., 1998. Strategic Management: From Theory to Implementation. 4th ed. Great Britain: Plant a Tree. 8. JOHNSON,G., SCHOLES, K., WHITTINGTON,R., 2008. Exploring Corporate Strategy. 8th ed. England : Prentice Hall. 9. LYNCH, R., 2000.Corporate Strategy. 2nd ed. England: Prentice Hall. 11. Porter, M.E., 1979. How Competitive forces shape strategy. Harvard Business Review, March-April, p64-72. 12. Reserve Bank of Zimbawe, 2011. Monetary Policy Statement[pdf] Available at:< http://www.rbz.co.zw/pdfs/2011%20MPS/MPS%20July%202011%2028.07.pdf>[Accessed 1 December 2011]. 13. Transaction Payment Solutions (Private) Limited, 2011. Annual report 2011. Harare: Transaction Payment Solutions.