Presentation Transcript
Strategic management analysis :Strategic management analysis Project team
Unuru; Yasu; Rei; Masa July 2, 2009 http://www.careerone.com.au/images/company-profiles/toysrus_logo.gif
Slide 2:History
Managerial functions
Decision making
Toys “R” Us structure
Planning process
Social responsibility
Questions http://www5.toysrus.com/Investor/pdf/2004AR_Highres.pdf
About :About In 1948 Charles Lazarus opened “Children’s Supermarket”-a private
In 1958, Adopted super market model and named Toys “R” Us
In 1960, Geoffrey and a catchy jingle
Became public 1978
Brands :Brands Toys “R” Us, Inc. is one of the leading retailers of toys and baby products with more than 1,500 toy and baby specialty stores worldwide. Toys “R” Us, U.S.
586 Stores throughout the U.S. Babies “R” Us
254 Locations Nationwide Toys “R” Us, International
685 Toys “R” Us & 35 Babies “R” Us Stores Toysrus.com & Babiesrus.com
Managerial functions :Managerial functions Planning-To decide what kind of toys they sell
Leading-Being the world’s leading toys retailer
Organizing-Managers divided levels of their ability and positions.
Controlling-Operating their own website and guest services from their guests
Two types of Decision-Making :Two types of Decision-Making Programmed Decision
Non-Programmed Decision
SIX STEPS :SIX STEPS Recognize the Need for a Decision
To accept a decision
Examples:
Selling toys
during Christmas Season
SIX STEPS :SIX STEPS Generate Alternatives
To create choices or lists
Examples:
to decorate to look like X’mas
to play summer songs
to wear Santa’s costumes
SIX STEPS :SIX STEPS Assess Alternatives
To evaluate pros and cons
Examples
pros: to decorate to look like X’mas
to wear Santa’s costume
cons: to play summer songs
SIX STEPS :SIX STEPS Choose among Alternatives
To decide the best choices
Examples: to decorate to look like X’mas
to wear Santa’s costume
SIX STEPS :SIX STEPS Implement the chosen Alternatives
To try to do the choices
Examples:
Employees decorate their stores.
Employees wear Santa’s costume.
SIX STEPS :SIX STEPS Lean from Feedback
To study what happened as a result
Examples:
Succeed or not?
Structure :Structure
4 Factors :4 Factors Environment
Slow change
The holiday season Technology
Information technology system http://theweblicist.com/wordpress/category/retail-and-shops/toys-r-us/ http://www.toddparr.com/partnerships/
4 Factors :4 Factors Strategy
A centralized organization
Donate their products
Save the Children https://webspace.utexas.edu/larueap/nast/nyc1/ http://www.wirednewyork.com/toys_rus.htm
4 Factors :4 Factors Strategy
Autism Speaks
AIDS Foundation
Marine Toys for Tots Foundation
Starlight Starbright Children’s Foundation http://www2.toysrus.com/about/corpPhilanthropy.cfm http://www2.toysrus.com/about/corpPhilanthropy.cfm
4 Factors :4 Factors Human Resources
60,000 employees in 2005
Internal communications
Talent acquisition and development
Training and staffing http://www2.toysrus.com/about/corpPhilanthropy.cfm
Planning steps :Planning steps Mission statement
“Our Goal is to be the Worldwide Authority on Kids, Families and Fun”
Formulating strategy
Online merchandise
Chain stores everywhere
Implementing strategy
Helping distressful children
Support for differently able kids
Providing information http://www5.toysrus.com/about/ http://www5.toysrus.com/our/tru/
SWOT analysis :SWOT analysis Diversified
Brand Name
Large Distribution Network
Number of Stores
Good Reputation Being in price pressure
Being in number one
No single and sustainable
advantages
Employee Training Strengths Weaknesses Opportunities Organization Structure
Product Variety
Gift cards
Birthday services
International Brand Threats Discount Retailers
Compete on price
Economic condition
Five forces model :Five forces model Level of competition Potential for entry Threat of Substitutes Power of customers Power of suppliers
Code of ethics :Code of ethics All directors and employees have to obey the Code of Ethics
Board of directors will be taken suitable actions by the CEO and senior financial officers if they violate the Code of Ethics
What is social responsibility? :What is social responsibility? To behave honestly
2. To make sure of all reports
3. To follow govern mental lows, rules and regulations www.bruhnfamily.com
Slide 23:Toy”R”Us has project which is “Bundled in HOPE”. It has given babies blanket. nonicoclolasos.files.wordpress.com/2008/06/gi...
For Environment :For Environment It helps children to learn it is important for the environment
ECO- Friendly Toy
Slide 25: http://cn1.kaboodle.com/hi/img/2/0/0/101/2/AAAAAsyXMEAAAAAAAQEgHg.jpg Are there any questions?