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Good for the Sole Team 43 B. Elizabeth Davis Accounting, Financial Analysis Concentration May 2011 Michael Dickens Business Administration, Marketing and Human Resources Concentrations May 2011 Emily Throndson Accounting, Managerial Concentration
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Good for the SoleTeam 43 B Elizabeth Davis Accounting, Financial Analysis Concentration May 2011 Michael Dickens Business Administration, Marketing and Human Resources Concentrations May 2011 Emily Throndson Accounting, Managerial Concentration Business Administration, Finance Concentration December 2010
5-Forces Analysis for Industry 43 • 1. Suppliers: High Power Threat • 2. Buyers: High Power Threat • 3. Substitutes: Low Power Threat • 4. Rivalry: Low Power Threat • 5. Threat of Entry: Low Power Threat
Our Position in Industry 43 A A D D B B E, F, G E, F , G C C Year 16, Europe and Africa
Key Success Factors in Real World Note: KSF’s taken from IBIS world (see citation at end)
Response to Shareholders’Market Share Growth Trend • Market share did decrease • Only on wholesale segment • Market share consistently increased for internet and private label • Areas to improve in wholesale: • Advertising • Celebrity Appeal • Controlling costs • IBISWorld Global Footwear Maufacturing product growth chart
Response to Shareholders’Financial Performance Trend • Years 13 and 15 as building years to improve: • Plant capacity • S/Q rating • Corporate citizenship • Cut costs of production to increase profit in year 16 • GreenXchange Article
Competitive Advantage • In order to create and sustain a competitive advantage with customers we must..... Achieve low costs of production while providing high value to customers!
Competitive Advantage • In order to create and sustain a competitive advantage with shareholders we must..... Maintain dividends and high stock prices to create a return on their investment!
Citatations • Global Footwear Manufacturing – Global Industry Report. IBISWorld, 04 May 2010. Web. 11 Oct. 2010. http://www.ibisworld.com/globalindustry/default.aspx?indid=500&rcid=0. • Newing, Rod. Financial Times. “Computing: Powerful Argument for Cutting IT Energy Consumption.” 15 September 2010. • Photos from: Google. 2010. www.google.com