Week 5 Group Strategy Project Part 1 Overview & Deliverables Chartering/organizing the project – The Part 1 paper is designed to answer three questions: • What are the strategic growth needs of your clients’ business? CISCO • What is the nature of the industry which allows you to grow and achieve competitive advantage? • What markets (countries) are most attractive in achieving the growth goals? CHINA More details on each element below. Note: earlier student teams have found it effective to do preliminary research around team interests and sources of data for the three phases before selecting a company and industry. 1. Your group should select a real multinational company from this industry to be your hypothetical consulting client, for which you will be making a strategic recommendation for investment into a foreign country. 2. Your group should select an industry to analyze for your Group Strategy Project. Please post which industry, client company and countries you have selected into your Group Discussion Area as early in the week as possible. 3. Then, select 3 or 4 countries plus the United States or the home country of your client company if it is not the U.S. Summary/overview of the three part project Use various industry reports to discuss how your selected industry is doing globally and in each country. Based upon your market size and growth research and overall industry analysis, select the preliminary country that your team will be looking to make an acquisition or joint venture in. Provide reasons for your decision based upon your research and on the various assigned readings so far this semester or from prior semesters (properly cite these). Note: For this first part of your Group Strategy Project your country recommendation should be based upon your analysis only of the market size and growth data and commentary specific to your industry. In Week 6 you will be doing a country PESTEL analysis of risk versus opportunity which may result in a change in your recommendation. The following is your Week 5 outline. I. Description of your client company strategic growth objectives. Develop criteria that will allow you to compare markets (countries) and partners (acquisition or joint venture) II. Description of the industry and identification of areas for growth and strategic advantage A. The global structure and environment of the selected industry. B. The home country structure and environment of the selected industry. III. Analysis of international markets Identify three or more international markets (countries) that are attractive in meeting your client company’s growth goals. When selecting your markets (countries), your selections should provide new product and/or innovation market opportunity. Create a comparative benefit analysis based on the criteria of client need and the overall market (country) comparison questions below: 1. What is the comparative market size of the industry in each of the 3-4 countries by 2019? (Hint: Use something like the number of passenger car registrations to size the automobile industry, other metrics for other industries) and how might that impact your decision on prioritizing the countries in your global business strategy? 2. What is the comparative growth, both in absolute terms and in percentage terms from 2014 to 2019 for the industry you have selected in each of the 3-4 countries and how might that impact your decision on prioritizing the countries in your global business strategy? 3. What is the profitability of the industry based on the level of competition? Who are some of the key company players (both multinational and local) in your selected industry in each of the 3-4 countries and how competitive is the industry in each country, and how might that impact your decision on prioritizing the countries in your global business strategy? IV. Conclusion Provide a recommendation of which market (country) you are recommending and provide the reasons based on your comparative benefit analysis. 1. The home country structure and environment of the selected industry. III. Analysis of international markets Identify three or more international markets (countries) that are attractive in meeting your client company’s growth goals. When selecting your markets (countries), your selections should provide new product and/or innovation market opportunity. Create a comparative benefit analysis based on the criteria of client need and the overall market (country) comparison questions below: 1. What is the comparative market size of the industry in each of the 3-4 countries by 2019? (Hint: Use something like the number of passenger car registrations to size the automobile industry, other metrics for other industries) and how might that impact your decision on prioritizing the countries in your global business strategy? 2. What is the comparative growth, both in absolute terms and in percentage terms from 2014 to 2019 for the industry you have selected in each of the 3-4 countries and how might that impact your decision on prioritizing the countries in your global business strategy? 3. What is the profitability of the industry based on the level of competition? Who are some of the key company players (both multinational and local) in your selected industry in each of the 3-4 countries and how competitive is the industry in each country, and how might that impact your decision on prioritizing the countries in your global business strategy? 1. Conclusion Provide a recommendation of which market (country) you are recommending and provide the reasons based on your comparative benefit analysis.