Preview

Sirius XM Strategic Analysis Capstone Project Proposal

Better Essays
Open Document
Open Document
2438 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Sirius XM Strategic Analysis Capstone Project Proposal
Capstone Project Proposal
MBA6028
Capella University Dr. Rebecca Snarski

I. Introduction. a. Target Organization. I plan to conduct a strategic analysis on Sirius XM, Inc. I do not have direct access to this company; however, I submitted a letter to the Executive Vice President and Chief Administrative Officer, Dara Altman, requesting access to requested information and data that may not otherwise be available. I will use information from the Sirius XM website, the U.S. Securities and Exchange (SEC) 10-K and associated reports for Sirius XM. I also plan to research as much relevant information as possible from peer-reviewed journals and other valid periodicals through the Capella University Library. In addition, I will research other valid online business journals and websites for information that is relevant to Sirius XM and the Broadcasting – Radio industry. I chose Sirius XM, Inc. to conduct an analysis because of the consistent evolution of the company’s products and services. This company has unique products and services, but there are indirect competitors. It is vital for Sirius XM to consistently evolve. b. Nature of the Project. I plan to conduct a thorough strategic analysis of Sirius XM, Inc., examining and evaluating the functional operations environment of the company. The study will also include the functional areas of marketing, finance, and administration. The purpose of the study is to examine, analyze, evaluate, and provide feasible courses of action recommendations for enhancing the efficiencies and effectiveness of current and future business operations. This study will use the collective analysis of all the functional areas of operations to discover potential gaps in the integration of the knowledge, skills, and attitudes of each of the functions as well as the effectiveness and efficiency of the company’s collaborative integration of the collection of the functional knowledge, skills and



References: Bento, A., Bento, R., & White, L. (2013). VALIDATING CAUSE-AND-EFFECT RELATIONSHIPS IN THE BALANCED SCORECARD. Academy Of Accounting & Financial Studies Journal, 17(3), 45-55. Dunbar, J. (2008, July 25). FCC Approves Sirius-XM Merger In 3-2 Vote. Retrieved July 31, 2014, from http://www.huffingtonpost.com/2008/07/26/fcc-approves-sirius-xm-me_n_115093.html Ormanidhi, O., & Stringa, O. (2008). Porter 's Model of Generic Competitive Strategies. Business Economics, 43(3), 55-64. SIRI- 2013.12.31 -10K. (2014, January 31). Retrieved from http://www.sec.gov/Archives/edgar/data/908937/000090893714000006/siri-20131231x10k.htm Welcome to the world of satellite radio - SiriusXM Radio. (n.d.). Retrieved August 16, 2014, from http://www.siriusxm.com/ Zakhem, A., & Palmer, D. (2012). Managing for Ethical–Organizational integrity: Principles and processes for promoting good, right, and virtuous conduct. New York, New York, USA: Business Expert Press.

You May Also Find These Documents Helpful

  • Powerful Essays

    On November 24, 2010, XM Canada and Sirius Canada Inc. agreed to a merger of companies. This merger, unlike that of the US, took a lot of time and required Canadian ownership so all previous negotiations had failed. The merger between the two companies formed SiriusXM Canada. The new company believed they would have a total subscriber base of 1.7 million and offer between 120-130 channels. As of today SiriusXM Canada has a subscriber base of 2.7 million people.…

    • 2025 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    1. Assess the Spectrum organization and each of the markets in which the company now operates. What are the key elements from each industry about which Falconi should be concerned?…

    • 698 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Sirius XM has attempted to establish themselves according to these five forces. In terms of threats of entry, Sirius XM has really attempted to differentiate themselves from standard radio by providing an abundant amount of channels that provides news, sports and all kinds of music. By merging Sirius and XM radios together, they have really planted themselves as the gorilla in the satellite industry, and it would be tough for another satellite company to enter and take away the customers already committed to Sirius XM. In regards to supplier power, Sirius XM has a number of different options as to what music to play, and have signed a contract with popular talk show host David Stern. To combat the high buyer power, Sirius XM has really tried to differentiate their product from other radio sources by providing a high abundance of quality listening choices that can be listened to almost anywhere. The merge of Sirius and XM really cut down the amount of buyer power out there because now if you want satellite radio, you almost have to go with Sirius XM. The merge also cuts away any direct substitutes for satellite radio, and they have tried to provide features that aren’t available on other radio types to make basic radio a further substitute for satellite radio. The last of the five forces is Rivalry, and Sirius XM has attempted to separate from the high rivalry by focus differentiation, and I will talk more about this in the coming paragraph.…

    • 426 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    As of July 29, 2008 two companies merged creating a monopoly in satellite radio. SIRIUS, which delivers more than 130 channels of 100% commercial free entertainment from news, sports, talk, traffic, and XM, the number one satellite radio company, combined to consume over 18 million subscribers and have cornered the market. Jointly, they have partnerships with the automobile market with General Motors, Honda, Nissan, Ford, and covering several hundred models of cars. This monopoly provides consumers with greater programming and content consumer choice, including offering consumers more for their dollar. The new merger enables the combined companies to develop accelerated technological innovation and benefit retailers like Best Buy, Radio Shack, and Circuit City. It also…

    • 2034 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Explain how strategic management and the strategic management process are illustrated in this case. “Strategic management is a process of analyzing the current situation developing appropriate strategies, putting those strategies into action, and evaluating and changing those strategies as needed.” (Coulter, 2013, pg. 5) “The strategic management process implies sequential and interrelated activities leading to some outcome.” (Coulter, 2013, pg. 5) According to the case study MTV has been using a first in market strategy, and that strategy is what is helping them to succeed since they are centered in on several ranges of MTV such as MTV Asia. Latin America, Turkey, Arabia. (Coulter, 2013, pg. 22)…

    • 351 Words
    • 2 Pages
    Satisfactory Essays
  • Powerful Essays

    The proposed merger of Sirius Satellite Radio Inc. and XM Satellite Radio Holdings Inc. is expected to benefit consumers of satellite radio products and services; it conforms to the principles of both the Sherman Antitrust Act and current public policy that address the structure of markets, the conduct of market participants, and the resulting performance of those markets. This document establishes the basis of a position in favor of the merger of the two companies.…

    • 1227 Words
    • 5 Pages
    Powerful Essays
  • Better Essays

    Ethical Perspectives

    • 880 Words
    • 3 Pages

    Trevino, L., & Nelson, K. (2011). Managing business ethics: Straight talk about how to do it right (5th ed.). Hoboken, NJ: John Wiley & Sons.…

    • 880 Words
    • 3 Pages
    Better Essays
  • Best Essays

    Blockbuster merger (2008, April 14). Blockbuster proposes combination with Circuit City. Retrieved August 26, 2008, from http://www.b2i.us/profiles/investor/ResLibraryView.asp?BzID=553&ResLibraryID=24044&Category=1195…

    • 1346 Words
    • 6 Pages
    Best Essays
  • Powerful Essays

    A competitive strategy concerns the specifics of management’s game plan for competing successfully and achieving a competitive advantage over rivals.…

    • 4409 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Managing the Ethical Climate to Ensure Organizational Integrity. HEC Forum. Retrieved September 12, 2012 from: http://www.springerlink.com/content/x0w4u061733l6088/…

    • 998 Words
    • 4 Pages
    Good Essays
  • Good Essays

    implementing porter 's generic strategies. The Journal of Business Strategy, 27(1), 43-43-53. Retrieved from http://search.proquest.com/docview/202677660?accountid=35812…

    • 421 Words
    • 2 Pages
    Good Essays
  • Best Essays

    Level 5 Leadership

    • 1908 Words
    • 8 Pages

    Caroselli, M. (2003). The business ethics activity book: 50 exercises for promoting integrity at work. AMACOM Div American Mgmt Assn.…

    • 1908 Words
    • 8 Pages
    Best Essays
  • Powerful Essays

    Radio One Case Study

    • 1155 Words
    • 5 Pages

    After the Telecommunication act in 1996 significant consolidation occurred in the Radio Industry, thereafter Radio companies were able to obtain cost savings by acquiring multiple stations in one area and reaching economies of scale. The nation’s two biggest radio company - AMFM and Clear Channel – was just about to merge and in order to do so the FCC required them to divest 100 radio stations. This was an unprecedented growth opportunity for Radio One as 12 of these stations fitted perfectly their corporate strategy which was to „provide urban-oriented music, entertainment, and information to primarily African-Americans in as many major markets as possible”. Since under normal market conditions radio stations in the top 50 markets rarely became available for purchase, this was a perfect opportunity for Radio One to expand and implement further cost-savings through economies of scale, programming syndication, reduction of duplicate staffing and increasing advertizing revenues by becoming able to offer wider audiences and „package deals” for advertisers. This was also an opportunity to expand to new markets. Radio One’s bidding position was backed up by Chairman William Kennard’s advocacy at the FCC, which encouraged the sale of at least some stations to minorities, and since only Radio One had the experience and the capital among the potential buyers it had a strong position.…

    • 1155 Words
    • 5 Pages
    Powerful Essays
  • Good Essays

    Radio One

    • 2176 Words
    • 9 Pages

    The recent merger between Clear Channel Communications Inc. and AMFM has presented a rare opportunity for Radio One, Inc. The proposed divestiture of Clear Channel will be the largest in the history of the industry. Radio One, Inc. can acquire 12 established urban stations in the top 50 markets, which rarely become available. Market analyst have already speculated on the possible acquisition, causing Radio One’s stock price to rise from the mid-$40s to $97 a share! The trading multiple is at around 30x’s the forward BCF, which is substantially larger than the typical trading multiple for radio companies. If the acquisition of the 12 stations does not go through, there may be a negative reaction from the market, causing share prices to drop significantly.…

    • 2176 Words
    • 9 Pages
    Good Essays
  • Satisfactory Essays

    Porter ́s (1980) Generic Strategies, Performance and Risk Jan Eldring 2008 P11 Generic strategies and performance…

    • 17108 Words
    • 53 Pages
    Satisfactory Essays