Digital Strategy - Lecture Three...

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Transcript of Digital Strategy - Lecture Three...

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situation analysisobjectives

strategy

tactics

actioncontrol

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strategysystems

functionsresources

suppliers

other stakeholders

intermediaries

competitors

customers

political forces

social cultural forces

technological forces

economic forces

environmental forces

legal forces

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Your Notes PESTEL Factors Potential Impact Implications & Importance

About your organisation & how the factors might impact on DIGITAL marketingfor your organisation/SBU

PoliticalEconomicSocialTechnologicalEnvironmentalLegal

H = HighM = MediumL = LowU = Undecided

Time Frame:ShortMediumLong

Type:Opportunity orThreat

Implication:IncreasingReducingNot yet determined

Relative ImportanceH = HighM = MediumL = Low

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…disruption and innovation

…increasing online video audiences

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strategysystems

functionsresources

suppliers

other stakeholders

intermediaries

competitors

customers

political forces

social cultural forces

technological forces

economic forces

environmental forces

legal forces

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stakeholder analysis...

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Monitor… Minimal Effort

Keep Informed

Keep Satisfied Key Players

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segment characteristics

involvement

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Average weekly internet usage is 20.5 hours (2015)

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search

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Intensity of existing rivalry

Porter, M, 1979, HBR

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CE

A

B

D Firms within a strategic group have similar strategies

The relative position of groups shows how alike or different their strategies are

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effect on industry, market & you

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INB

OU

ND

LOG

ISTI

CS

OP

ERAT

ION

S

OU

TBO

UN

DLO

GIS

TIC

S

MA

RK

ETIN

G&

SA

LES

SER

VIC

E

FIRM INFRASTRUCTURE

HUMAN RESOURCE MANAGEMENT

TECHNOLOGY DEVELOPMENT

PROCUREMENT

Source: Porter

Porter, M, 1985

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user experience… UX

Findability and SEM

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Internal analysis...

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…simplistic but often used model

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…web presence model

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Strengths Weaknesses

Opportunities“Maxi-Maxi” Strategies

Strengths used to maximiseopportunities

“Mini-Maxi” Strategies

Minimise weaknesses by taking advantage of

opportunities

Threats“Maxi-Mini” Strategies

Strengths used to minimisethreats

“Mini - Mini” Strategies

Minimise weaknesses and avoid threats