Black Water Rafting, Internal And External Environment. Strategic Management

8971 words - 36 pages

1. IntroductionThe following report illustrates the development of Black Water Rafting which is an adventure cave tubing trip company in the district of Waitamo, New Zealand. BWR was created in October on 1987 by John Ash who was 52 and Peter Chandler who was 37 as the New Zealand's first cave tubing/rafting tour.The report will initially analyse the organisation's non-existent mission statement. Following this it appreciate the internal and external context of the business demonstrating the analysis of the resources and environment that the organisation has. Following this, future potential strategies will be identified.Concluding the report…2. Internal environment2.1. Miss ...view middle of the document...

" (Black Water Rating Ltd- 1999, University of Manitoba)According to Johnson & Scholes (1999) in the mission should be a statement of the key values of the organisation and BWR has these core values:Non-negotiable safety of clients and guides, conservation and sustainable management of resources, superior personal and professional service to clients, development of unique and innovative products and an enjoyable, challenging and rewarding employment environment. A business culture which is flexible, never bureaucratic and has a sense of history, honesty, integrity and ethics in all aspects of business and support for the Waitomo community in which the company operates.It has to be said that the fact that BWR does not have a mission does not mean it is not a serious organisation due to the very strong culture that it possesses.2.2. StakeholdersAccording to Johnson & Scholes (2002, p. 206) "Stakeholders are those individuals or groups who depend on the organisation to fulfil their own goal and on whom, in turn, the organisation depends"There are different types of stakeholders:Internal stakeholders, which are the employees, shareholders and managers.External stakeholders that can be subdivided in two categories. These are the market place stakeholders and other external stakeholders:The Market Place Stakeholders include the clients/customers, suppliers and competitors.In Other External Stakeholders it is possible to find government institutions, financial institutions, trade unions, employers unions and pressure groups.Low Interest High Interest
Minimal Effort
Bank
Customers

Keep Informed
Employees (Staff)
Competitors (directs and substitutes)
Suppliers (catering, material, etc)

Keep Satisfied
Media
Loyal customers

Key Players
Owners/ Managers
Museum of caves
NZ Government
Waitomo District and regional Council

The bank is located in "minimal effort" because BWR has a positive financial performance; they have paid all their long term debts and they changed their mortgage in order to make the company's payments easier. BWR have a priority on loan repayment.For BWR it is possible to divide competitors into two categories - substitutes and direct competitors- located in the same square. (See previous page)Direct competitors, which are at the moment 4 companies, are located in "keep informed". They have a vested interest in BWR due to it is the leader in the cave tubing market, although they do not have "high power" in the company.Substitutive competitors focused on adventure tourism activities which can lead to a potential chance of partnership or a marketing agreement between BWR and these companies.Suppliers are located in "keep informed". Although they are interested in BWR, for the company this is not essential as it would be possible to find other companies that offer the same products and services.Employees have "high interest" but at the moment "low power", although in the future this power might be increased if the manag...

More like Black Water Rafting, Internal And External Environment. Strategic Management

Easy Jet And The Strategic Analysis Of External Environment

3351 words - 14 pages ... fare.All these factors contributed to the success of easyJet in the 1990s. Stelios had been successful in realising his intended strategy of bringing low-cost air travel to the European market. While doing this he was able to exceed customer expectations and maintain a high level of customer satisfaction (Appendix 4/5).B7.0 Are easyJet in a position to respond to the challenges of the external environment in 1999?easyJet is going through many changes ...

Organisational Culture, How It Develops And How It Is Effected By External And Internal Forces

4670 words - 19 pages ... and regulations in organisations such as hospitals lives would be at stake and confidence in them would certainly drop.How is culture affected by the internal and external environment?Internal inflenucesDeterminants Behaviour/attitudesExternal influencesDiagram ( 6) adapted from A. Marsden 2003 (9)Internal influences:These factors directly influence determinants, and are also influenced by external influences.*Leadership styles*Management ...

STRATEGIC AND INTERNATIONAL HUMAN RESOURCE MANAGEMENT - UNISA - ASSIGNMENT

2382 words - 10 pages ... , internal and external equity · Training – Broad application, productivity and quality emphasis and some participation 2.1.2 Strategic objectives of Innovation strategy · To varying degrees employees need to be innovative, cooperative, long term oriented, risk taking and willing to assume responsibility. It is critical that key employees remain with the organisation Below are the HRM Practices · Planning – formal , tight, implicit , broad ...

Strategic Management And Techonologgy Week 1 - San Ignacio University - Assignment

567 words - 3 pages ... 1 Running Head: HOMEWORK 1, CHAPTER 1 & 2 4 CHAPTER 1&2 San Ignacio University Strategic Management and Technology Prof. Dr. Lemus JENNIFER TELLES Discussion Questions Page 10 1. Why is innovation so important for firms to compete in many industries? The increasing importance of innovation has been driven largely the globalization of markets and the advent pf advanced technologies that enable more rapid product design and allow shorter ...

Challenges And Opportunities Of Knowledge Management In Mobile Environment - University Of Houston - Assigment

1142 words - 5 pages ... Course: cosc 6325 Challenges and opportunities of knowledge Management in mobile environment When work is both knowledge-intensive (e.g. associated with recording a great deal of new information to be shared with other people) and mobile (i.e., outside the office, often without any pre-planned the acquisition and sharing of the organizational knowledge becomes challenging. These challenges pertain to limitations with which mobile workers are ...

Assignment Was Provided To Review A Tesco Case Study And Provide A Review Of It. - Strategic Management - Case Study

1101 words - 5 pages ... following losses and putting more resources into developing the UK store’s even more in order to fully capitalize on the local market. The company is still undergoing major changes since the scandals and it is necessary to scale back in order to fully regain momentum and build back the level of confidence and trust in the company. There needs to be full review of the overseas markets and get local management to research and come up with possible reasons ...

Nuchildren And Their Respective Mothers In Jakarta' Nutrition And Environment. - BA Business Management - Essay

435 words - 2 pages ... Children and their mothers in Jakarta followed a very poor and unhealthy lifestyle and nutrition. In addition, poverty and unemployment rates were so high, as well as the average income for one person was very low. All of these, however, was considered as a problem and was targeted to solve by organizations. However, the healthy food market in Jakarta has witnessed a failure, since demand and supply levels are very low due to the high price of ...

Strategic Management

595 words - 3 pages Free ... proper resources in place an organization can be very successful if they follow the steps accordingly. The company should determine their progress by measuring the actual results versus the plan. Monitoring internal and external issues will also enable an organization to react to any substantial change in their business environment. If management determines that the strategy is not moving the company toward its goal, take corrective actions. If those ...

Internal/external Factors

616 words - 3 pages ... position.To manage the factors described, management will have to keep track of all changes and keep resources up to date in order to maintain the competitive advantage. By being creative, maintaining, improving the competitive advantage, and evaluating decisions is all part of strategic management planning. To keep up, the company must do an assessment of its internal and external environment, defend its possible threats, manage products and services by ...

Critical Discussion Of John Kay’s View Of Strategy - Business Management - Essay

1604 words - 7 pages ... involves various variables, which make it inherently complicated. As suggested by Kay (1993, 2011), strategy involves constantly changing environment, internal capabilities and resources, external relationship. The remnants of the belief that one can control the future by superior insight and superior will overemphasize the role of managers or leaders and their capabilities of visioning. As a matter of fact, leaders are far from effective when ...

Discuss In Detail The Role Of Internal Auditing, Types Of Internal Auditing And How Internal Audits Add Value To An Organisation

3955 words - 16 pages ... can be extended to help improve value for money of production, technology, and fund management. Internal audit objectives are achieved by the fulfilment of its supervisory function.There also involves critical relationships between the internal and external auditors which are enviable of the organisation. Effective communication between the auditors can reduce duplication of work and improve service to management and the audit committee ...

Human Resource Management VS Organisational Change

5213 words - 21 pages ... , 2006).However, in many situations, HRM is not recognised to be part of a strategic role for organisation transformation. Due to the fact that HR activities are not viewed as value adding to organisations and both internal and external customers (Touche cited in Stone, 2005), and HRM is often neglected in organisational change. This could be because HRM held administrative roles in the Personnel Management (PM) era (Hallier, 1993). With such, many ...

The Four Functions Of Management

838 words - 4 pages ... others to implement them. However, in the current business environment, such may not be the case. Strategic value seems to have taken on a more prominent role. Planning is a constant and unending course of action. Sometimes they are uncontrollablebecause of external factors affecting the company. These external and internal factors may cause a company to alter their course of action in accomplishing their goals."Organizing is establishing the internal ...

'there Is A General Reluctance To Examine Ways In Which HRM Can Be Integrated With And Contribute To The Overall Direction Of An Organisation.'critically Discuss

1994 words - 8 pages ... contribute to CE gaining a competitive advantage on its competitors.Competitive Advantage - Strategic Human Resource Management SystemStrategic Human Resource Management (SHRM) can be thought of as "the pattern of planned human resource deployments and activities intended to enable an organisation to achieve its goals." (Wright & McMahan, 1992) Strategic Human Resource Management has a number of key features. These include: the internal integration ...

Evaluation Of Stratigic Management

4178 words - 17 pages ... to examine the differential impact of external influences on organizations. After the external environment analysis industry analysis is required. Industry Analysis is the basis of intelligent strategic planning. It's a systematic process of gathering and analyzing, information about the industry on a global and domestic basis. Factors include economics, trends, social and political factors, and changes in technology, and the rate of change. An ...