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Tata Motors conducted a VRIN analysis of its Jaguar and Land Rover brands. While the brands created value through high-quality luxury vehicles, their competitive advantages could be easily imitated. A SWOT analysis identified strengths in distribution networks and market penetration, but also weaknesses in international presence and safety issues. Opportunities existed in expanding markets and acquisitions, but threats included rising fuel costs and competition. Tata's strategy focused on quality, international expansion through joint ventures, and increasing sales and service networks.
Tata Motors conducted a VRIN analysis of its Jaguar and Land Rover brands. While the brands created value through high-quality luxury vehicles, their competitive advantages could be easily imitated. A SWOT analysis identified strengths in distribution networks and market penetration, but also weaknesses in international presence and safety issues. Opportunities existed in expanding markets and acquisitions, but threats included rising fuel costs and competition. Tata's strategy focused on quality, international expansion through joint ventures, and increasing sales and service networks.
Tata Motors conducted a VRIN analysis of its Jaguar and Land Rover brands. While the brands created value through high-quality luxury vehicles, their competitive advantages could be easily imitated. A SWOT analysis identified strengths in distribution networks and market penetration, but also weaknesses in international presence and safety issues. Opportunities existed in expanding markets and acquisitions, but threats included rising fuel costs and competition. Tata's strategy focused on quality, international expansion through joint ventures, and increasing sales and service networks.
Prepared by Group 02 VRIN TESTING THE JAGUAR AND LAND ROVER
VALUES • Created value for its brand by manufacturing
products & meet the expectations of customers • Create competitive advantages
RARITY • Created as a union between two luxuries and
top quality brands (The Jaguar cars and Land Rover automobile) • Huge investment required
IMITABILITY • Does not have any strong features which is
highly inimitable. • Its competitive advantage (luxurious design, technology etc.) are rare to to be found in a single brand except few two brands, but these can be easily imitated
NONSUBSTITUTABLE Substitutable, Similar design to other brands
SWOT ANALYSIS STRENGTH WEAKNESS - Wide & extensive distribution - Limited international presence and service network - Not much customer engagement - Good market penetration programs and activities - Expert service professionals - The poor safety ratings of the Nano available and the lack of airbags continued to - Dedicated engineering and R&D hold down sales. department - symbol of India’s emergence as a world economic power and was India’s largest private-sector employer, with over 425,000 employees. - Highly diversified product portfolio SWOT ANALYSIS (Cont.) OPPORTUNITY THREAT - Expanding automobile market and available space for - Increasing fuel costs; competitors - Competition from other big - Increasing per capita income and purchasing automobile giants; capability of potential customer base; - Competitive products - Leveraging customer engagement experience to offering same level features acquire new customers at a lesser price; - Leveraging mergers and acquisitions to acquire newer - Product innovations and technology; frugal engineering by - Augmenting the distribution and service network in competitors. various countries - Tata Motors can take advantage of their low cost vehicle by entering into third world countries where people have low purchasing power which gives them a big export opportunity; - Jaguar and Land Rover provide Tata Motors with an opportunity to establish itself in the luxury segment - Tata Motors can incorporate safety features in their vehicles to gain more customer satisfaction - Joint ventures in other countries allow Tata Motors to easily enter into new market internationally KEY ELEMENTS OF TATA’s STRATEGY
COMMITMENT TO QUALITY AND THE LOWEST TOTAL COST OF
OWNERSHIP. INVESTMENT IN INDIA & CREATE OPPORTUNITY IN INTERNATIONAL MARKET JOINT VENTURE STRATEGY TO AUGMENT THE MARKET (COMMERCIAL VEHICLE CO. LTD, BRAZIL’S MARCOPOLO, CUMMINS ENGINE CO DAIMLER-BENZ, TATA HOLSET) INCREASE BETTER SALES AND SERVICE NETWORK TO ENHANCE CUSTOMER CARE AND INCREASE SALES. TARGET TO PENETRATE BRICS COUNTRY’S MARKET TARGET TO CONVERT THE SCOOTERS/MOTORCYCLES BY TATA NANO KEY ELEMENTS OF TATA’s STRATEGY (Cont.)
CONTINUOUS INNOVATION IN COMMERCIAL VEHICLE (E.G.
PICKUP VAN, TRUCK, LARGE BUS, COACH) TO CAPTURE THE MARKET PLANS TO SET UP VARIOUS TYPE OF FACTORY IN VARIOUS COUNTRY (E.G. ASSEMBLY PLANT IN SOUTH AFRICA) FOCUSED ITS CAPITAL ON TECHNOLOGY AND NEW PRODUCTS SO THAT ITS PORTFOLIO WOULD BE READY WHEN THE MARKET IMPROVED. LAUNCHED THE MAGIC IRIS, A THREE-SEAT AUTOMOTIVE VEHICLE DESIGNED AS A RICKSHAW REPLACEMENT. PLANNED AN INCREASED CUSTOMER-CENTRIC OPERATION