Larabarge Tarmac Executive Summary
A number of factors that can affect a threat of substitutes are relative price performance of substitutes, Perceived level of production differentiation, product innovation and technology change. For Lafarge Tarmac, the threat of potential substitutes is low as the company is the merger of two of the leading business of UK.
Rivalry among Existing Competitors
The intensity of competition is Low as the company operates in the industry which is not highly competitive. Not much companies are dominant in the cement and construction industry therefore rivalry among the existing competitors exits but is relatively low (Lafarge Tarmac, 2015)
2.3 Significance of Stakeholder Analysis
This tool that can be helpful in seeing how desires of groups and …show more content…
Such as Ansoff’s matrix, PESTLE etc.
Directors Assessing the policies and helping Managing Director in formulating them Through the use of various internal and external environment analysis tools. Such as Ansoff’s matrix, PESTLE etc.
CEO
Conduct internal audit of the company and keeping control the current methods and practices Through internal analysis tools such as SWOT analysis and by keeping check on the KPI’s.
Legal Advisor
Advise on the legal implications and deals with the legal matters Through constantly checking the legal requirements set by the law formulating authority of the region
Company Secretary Maintaining records and keeping check and balance for the new policies Through proper management of the record and through the procedure as laid down in the law.
Table 4.1(b) 4.2 Analysis of the Estimated Resource Requirements for Implementing a New Strategy for Lafarge Tarmac
Type of resources required Access to / availability of resources Constraints/ obstacles that may affect the
Rivalry among Existing Competitors
The intensity of competition is Low as the company operates in the industry which is not highly competitive. Not much companies are dominant in the cement and construction industry therefore rivalry among the existing competitors exits but is relatively low (Lafarge Tarmac, 2015)
2.3 Significance of Stakeholder Analysis
This tool that can be helpful in seeing how desires of groups and …show more content…
Such as Ansoff’s matrix, PESTLE etc.
Directors Assessing the policies and helping Managing Director in formulating them Through the use of various internal and external environment analysis tools. Such as Ansoff’s matrix, PESTLE etc.
CEO
Conduct internal audit of the company and keeping control the current methods and practices Through internal analysis tools such as SWOT analysis and by keeping check on the KPI’s.
Legal Advisor
Advise on the legal implications and deals with the legal matters Through constantly checking the legal requirements set by the law formulating authority of the region
Company Secretary Maintaining records and keeping check and balance for the new policies Through proper management of the record and through the procedure as laid down in the law.
Table 4.1(b) 4.2 Analysis of the Estimated Resource Requirements for Implementing a New Strategy for Lafarge Tarmac
Type of resources required Access to / availability of resources Constraints/ obstacles that may affect the