Review the corporate strategy of AB Electrolux
Review the corporate strategy of AB Electrolux: found here: http://group.electrolux.com/en/category/about/
As the social and demographic trends continue to evolve so do the opportunities afforded to Electrolux. The most significant demographic shift globally is the growing middle class in Asia, which includes families with incomes between US$6,000 and US$30,000. It is estimated that by 2030 there will be 3 billion more people in the global middle class than there were in 2013.(Ernst & Young, 2013)
Correlated with rising incomes worldwide, homeownership has also increased at a substantial rate giving rise to increased demand for consumer durables such as refrigerators, washing machines, and dishwashers. (Electrolux, 2013)
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Order Paper NowElectrolux (2013) Electrolux 2013 Annual Report. Retrieved from http://group.electrolux.com/en/company-overview-271/
Ernst & Young (2013) Hitting the sweet spot. Retrieved from http://www.ey.com/GL/en/Issues/Driving-growth/Middle-class-growth-in-emerging-markets
In a 2400 – 2800 word essay discuss the following:
1) Use Barney’s VRIO framework to analyze the competencies of Electrolux. Discuss whether AB Electrolux can compete with local Chinese consumer manufacturers.
2) Discuss the three leading perspectives on strategy, and how this strategy tripod influences Electrolux.
3) Identify Porter’s four generic strategies. Discuss which of these would work best for Electrolux.
4) What is the corporate culture of Electrolux? Discuss two distinct attributes of culture within the organization.
This essay should be well-researched, appropriately documented and submitted in APA format.
Unoriginal Content:
Your essay may contain no more than 10% quotes from other sources. Paraphrase what you read instead of copying and pasting. You may not re-use work that you have submitted in previous classes. All work in this class must be original.
Essays that contain more than 50% unoriginal content will not earn any credit. Essays that contain between 10% – 49% unoriginal content will receive a substantial point deduction. Paraphrase instead of copying and pasting. Please note there is a difference between unoriginal content and plagiarism. Unoriginal content is correctly quoted and cited. Plagiarized sentences and paragraphs are not correctly quoted or cited. Plagiarism will result in an automatic zero for this assignment.
Grading Rubric:
Criterion
Unsatisfactory (Below 80%)
Satisfactory (80% – 89%)
Exceptional (90% – 100%)
Percentage
Points Possible
Points Earned
VRIO
Did not use Barney’s VRIO framework to analyze the competencies of Electrolux. Did not sufficiently discuss whether Electrolux can compete with local Chinese consumer manufacturers.
Clearly used Barney’s VRIO framework to analyze the competencies of Electrolux. Clearly discussed whether Electrolux can compete with local Chinese consumer manufacturers.
Clearly used Barney’s VRIO framework to provide a thorough analysis of the competencies of Electrolux. Thoroughly discussed whether Electrolux can compete with local Chinese consumer manufacturers. Research is well-documented.
100
20
20
Competitive Strategy
I did not sufficiently discuss the strategy tripod.
Provided a clear discussion on the strategy tripod and how it applies to Electrolux. Clearly addressed how its competitive strategy would differ in each.
Provided a thorough discussion of the strategy tripod and how it applies to Electrolux. Thoroughly addressed how its competitive strategy would differ in each. Research is well-documented.
100
20
20
Porter’s Strategies
Did not sufficiently discuss Porter’s four generic strategies. Did not sufficiently discuss which of these would work best for Electrolux.