Research one company from the Internet and describe their MIS strategic plan in 1-2 paragraphs. Discuss too the impact of this strategic plan on the company's management, competitors, customers and the company as a whole.Evaluate how can this strategic plan be applied to any local company in the Philippines. Discuss too the possible effect on the company.Include your reference.
Strategic plans of Van Huesen Comapany:
our business model functioned as intended, as our commitment to marketing strong global brands across multiple channels of distribution allowed us to continue on our growth track, despite a slowdown in some segments of our business. We exceeded our financial projections in each quarter. For the year, earnings per share were up 22%over 2006, to $3.21. Annual revenues increased 16% from the previous year's total, to more than $2.4billion, and operating income* grew 18%to $312million.
In addition to achieving these financial results, we continued to take advantage of strategic investment opportunities to strengthen and position ourselves for the future. During the year, we:
In addition to achieving these financial results, we continued to take advantage of strategic investment opportunities to strengthen and position ourselves for the future. During the year, we:
1. integrated the newly acquired Superba neckwear business into our organization, while significantly exceeding our earnings projection for this business;
2. launched IZODwomen's sportswear, a business we believe could grow to $200million in sales within five years and serve as the platform for the development of our in-house expertise in the women's wholesale sportswear arena;
3. assembled a complete Timberlandmen's sportswear organization based on the licensing agreement we signed last year, positioning us to deliver the new product line to key retail accounts for Fall 2008and commence a business that we believe could generate $150million in wholesale sales by 2013; and
4. opened five full-priced Calvin Kleinspecialty retail stores in some of the most prestigious malls across the country, an important step that will provide us with a showcase for the full breadth of the Calvin Kleinbetter product, serving as a marketing halo for the brand, as well as giving us direct access to the U.S. consumer.
2. launched IZODwomen's sportswear, a business we believe could grow to $200million in sales within five years and serve as the platform for the development of our in-house expertise in the women's wholesale sportswear arena;
3. assembled a complete Timberlandmen's sportswear organization based on the licensing agreement we signed last year, positioning us to deliver the new product line to key retail accounts for Fall 2008and commence a business that we believe could generate $150million in wholesale sales by 2013; and
4. opened five full-priced Calvin Kleinspecialty retail stores in some of the most prestigious malls across the country, an important step that will provide us with a showcase for the full breadth of the Calvin Kleinbetter product, serving as a marketing halo for the brand, as well as giving us direct access to the U.S. consumer.
Evaluate how can this strategic plan be applied to any local in the Phillipines.
- here in our country most of the companies likes malls usually done by focusing how would they get their profit without any lossing their gross...in a simple ways they are applying it by just giving some discounts to their customers.
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