Strategy Development 1

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    Strategy Development

    Dika Rinakuki

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    EXPORT AUDIT

    COMPANY AUDIT

    MARKET AUDIT

    (Market Research / Trade Partner Issues)

    BUSINESS ENVIRONTMENT AUDIT

    Product Market Combination (PMC)

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    Strategy Development

    Strategy is : An informed planning and execution process

    through which a company delivers against its

    vision and shareholder mandate.

    Whilst the vision of the company comprises of

    what needs to be achieved, strategy is the

    how it will be achieved.

    Strategy is implemented through tacticalaction plans or operational plans.

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    START WITH SOME QUESTIONS :

    Who are you going to target ?

    What do you want to sell them ?

    Where are they located ?

    When will you approach them ?

    Which are the appropriate target

    personnel ?

    Why would they want to meet withyou ?

    How will you reach them ?

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    SOME RELEVANT QUESTIONS in

    EXPORT BUSINESS

    What are the products that we could export ?

    Can the product meet the market requirements ?

    Is the company ready ? What are the Market want on that products ?

    How are the competitions ?

    How to compete in the market ?

    Can we meet the demands ? What are the trends in the markets ?

    Can we meet the market access requirements ?

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    SOME KEY WORDS

    products

    market requirements

    company readyness

    market competitions

    market demands

    market trends

    market access requirements

    PMC

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    SWOT ANALYSIS

    The NEED :

    To determine where we are strong andwhich weaknesses should be improved

    To determine where the opportunities are in

    the markets and which countries offer thebest opportunities. Which threats do wesee in those markets and how to deal withthem

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    SWOT ANALYSIS

    to know who we are

    to assess the risk

    to make the right

    strategic choice

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    ANALISA SWOT

    Hasil Analisa SWOT

    Inventarisasi kekuatan, kelemahan,peluang dan ancaman yang dimiliki.

    Inventarisasi kompetitor

    Rencana Pengembangan kekuatandan peluang yang dimiliki

    Rencana Antisipasi terhadapkelemahan dan ancaman yang ada

    Analisa SWOT akan membantu mengenalijati diri dan mempersiapkan diri menghadapipasar

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    SWOT ANALYSIS

    Strength Weakness

    Kekuatan Kelemahan

    Opportunity Threat

    Peluang Ancaman

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    SWOT ANALYSIS

    Strengths

    Weaknesses

    Opportunities

    Threats

    S & W relates to the company audit and whether the

    sector in Indonesia can compete with other

    Countries

    O & T relates to the market audit

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    Strengths & Weaknesses

    (Internal / Company Audit)

    Objective analysis

    Self Assessment

    Benchmark

    What should beanalyzed ?

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    Strengths & Weaknesses

    (Internal / Company Audit)

    Product (Capacity, Flexibility,Quality, etc.)

    Organization (who will dowhat, how does the staffquality)

    Company support (financial,

    logistic, etc.)

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    Opportunities & Threats

    (External)How is the

    Market ?

    Market Analysis

    Market

    Research

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    Which markets provide the bestopportunities for which products?

    Reasons why? Which threats do we see in those

    markets? (E.g. increasedcompetition, oversupply, stricterregulations, long distance tomarkets)

    Opportunities & Threats ?

    (External / Market Audit )

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    SWOT Analysis (example)

    StrengthsW

    eaknesses Product quality Lack of export skills

    EU certification Financially support

    Low cost Volume restrictions

    unique variety Distance to market

    Opportunities Threats

    Growing market Stricter regulations

    Growing on Health Financial Crisis in EU

    concern

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    SWOT ANALYSIS

    RESULT who we are (capabilities to export to the

    markets

    where will we be (target markets in the world)

    what we should do (which products: Product

    market combination (PMC)

    when we should do (timing of market entry)

    how we do (market entry strategy)

    Market EntryStrategy

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    Product strategy

    Pricing strategy

    Distribution strategy

    Promotion strategy

    Market EntryStrategy

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    Steps to take

    ExportAudit

    SWOTAnalysis

    Market Entry

    Strategy

    Export Marketing

    Plan

    ProductPrice

    Place

    Promotion

    Marketing

    Mix Strategy

    4 P

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    Marketing MIX in

    MARKET ENTRY STRATEGY

    Product

    Price

    Place

    Promotion

    Selected Product,

    Segment, Positioning

    Selected price

    Market Target,

    Selected Distribution

    Channel

    Promotional Approachand Tools

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    Possibleassignment

    Suppose you want to introduceyour products on the German

    market. Describe the steps youare going to take to introduce yourproducts on the German market.