Introduction The new medicine named Cialis is getting ready to the market.By Customer analysis‚ SWOT analysis‚a decision each of the marketing mix is taken to compliment the strategy chosen based on the competencies and resources of the product team. Consumer Analysis: Who? 150 million men worldwide (Chronic) and 50% of all men (40-70) What? Onset; Safety with Nitrates; Duration; Time on market When? They purchase after consultation‚ with family doctor; urologist or men’s specialist;
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IESE UNIVERSITY OF NAVARRA STRATEGIC THINKING: STRATEGY AS A SHARED FRAMEWORK IN THE MIND OF MANAGERS Esteban Masifern* Joaquim Vilà* RESEARCH PAPER No 461 March‚ 2002 * Professors of General Management‚ IESE Research Division IESE University of Navarra Av. Pearson‚ 21 08034 Barcelona - Spain Copyright © 2002‚ IESE Do not quote or reproduce without permission STRATEGIC THINKING: STRATEGY AS A SHARED FRAMEWORK IN THE MIND OF MANAGERS Abstract Even though most
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Cialis Case Analysis I. Problem: Lilly ICOS LLC (“Lily”)‚ a young biotech start-up‚ is going to launch a new drug Cialis for male impotence treatment. In the existing ED drug market‚ Viagra has gained a huge success and Pfizer is accelerating its marketing pace. The problem with Lily is which patient segment to target and how to position itself in the marketplace in launching the Cialis. II. Alternatives: 1) Follow a Beat Strategy and Come Up with a Differentiated Positioning + High profit
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1) What are the most relevant dimensions along which to segment the patient market for ED treatment? Of the segments identified‚ which would you target initially with Cialis? The relevant dimensions are: age‚ occupation‚ marital/partner status‚ level of education‚ level of income and ED medication use habits (i.e. Viagra dropout). Within these segments‚ the populations to target are: • Age: Men ages 50+ (slight market with men ages 40-49) • Occupation: Retired or employed full time • Marital
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process through which‚ based on the analysis of changing external and internal conditions‚ management defines the desired future state of human resources. A systems perspective of the HRP process: strategy formation-HR planning-implementation of HR action plans A processual perspective of the HRP process-strategy formation-hr planning-HR actions in a two way relationship Key features of SHRP: -a process -directed at meeting current and future needs -progresses through phases from forecasting to developing
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Cialis Cialis is an erectile dysfunction medication attempting to enter the market that is already dominated by Viagra. Viagra’s dominance in the market‚ along with Levitra’s entrance on the scene‚ it caused Lilly ICOS LLC to question how they should position Cialis with their unique capabilities. In order for Cialis to become successful in the market‚ they can either use a beat strategy‚ compete strategy‚ or niche strategy. Before implementing these solutions‚ a set of criteria is needed to determine
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million visits. 2. Draw a perceptual map that summarizes the positioning strategies adopted by Viagra‚ Levitra and Cialis and evaluate those strategies. Viagra’s positioning strategy: Pfizer first started out by featuring older celebrities‚ like Bob Dole‚ trying to capture attention of their target market. Statistics showed that over 50% of Viagra’s customers were men over 50. Later‚ Pfizer changed its strategy and started featuring young celebrities‚ such as a baseball player‚ NASCAR driver
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Losing your libido? Let Cialis help! What is Cialis? Cialis can be used to treat two different conditions: erectile dysfunction (ED) and urinary issues associated with benign prostatic hyperplasia. Erectile dysfunction is a condition when a man is unable to get or maintain an erection‚ hard enough and long enough to be suitable for sexual activity. Cialis taken just prior to sexual stimulation helps the blood vessels in the penis to relax enough to allow a better blood flow. Benign prostatic hyperplasia
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Strategy Evaluation: Introduction Participants in strategic evaluation Analysis of External Environment Organization Setting objective (Long & Short Term) Strategy Formulation Strategy Implementation Organization Strategy Evaluation Strategy Evaluation: Strategy Evaluation can be defined as a process of determining the effectiveness of a given strategy. Therefore‚ the purpose of strategy evaluation is to evaluate the effectiveness of a strategy that the organization to achieve
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1. Stability strategy ( Example ) Bata Ltd Stability strategy sometimes is referred to as neutral strategy. It is a strategy adopted when the organization wishes to maintain the existing level of business operations and maintain its present level of profitability. * It means that the stability strategy is adopted when the organization is doing fairly well but no scope for significant growth. It is known as no-growth strategy. * It tries to achieve the same level of growth as it had achieved
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