Strategic Management - Understanding Competitive Pressures during Business Expansion

Timeline
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October 11, 2022Experience start
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October 15, 2022Project Scope Meeting
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November 17, 2022Experience end
Timeline
-
October 11, 2022Experience start
-
October 15, 2022Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
November 17, 2022Experience end
Experience scope
Categories
Organizational structure Operations Competitive analysis Market expansion International developmentSkills
project planning business consulting business strategy researchI would like our students to work on projects looking at Competitive Pressures and Management as part of a business expansion, especially an international expansion.
Saskatchewan exports a lot to other provinces, primarily grain and other raw materials. This is predominantly kept within Canada so we would like for students to get exposure to some of the pressures involved in expanding into international markets, including the US and further afield.
Some key factors we cover in the course and the students have a good understand of:
- The importance of international expansion as a viable diversification strategy.
- Factors that make competing across national borders more complex.
- The advantages and disadvantages associated with each of the four basic strategies used to expand internationally.
- The various ways to expand internationally.
Students
Report and/or presentation of findings from completing a project with your company. The report will include recommendations on next steps.
Project timeline
-
October 11, 2022Experience start
-
October 15, 2022Project Scope Meeting
-
November 17, 2022Experience end
Timeline
-
October 11, 2022Experience start
-
October 15, 2022Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
November 17, 2022Experience end
Project Examples
Requirements
- Your business is looking to expand internationally but you are weighing up where to begin and what countries would be best to focus on.
- As you break into the same market in a different country, what governance issues do you need to have on your radar and potentially need to prepare for?
- With the business looking to expand internationally, how are you going to manage scheduling with staff now that you have gone from X number of time zones to Y number of time zones?
- Preparing a SWOT analysis to weigh up the Strengths, Weaknesses, Opportunities and Threats of expanding internationally. Is there anything you have overlooked in our initial planning phase?
- What factors do you need to be aware of and plan for in the coming years if you expand internationally?
- How has conflict affected your plans to expand internationally and how do you mitigate against these?
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Timeline
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October 11, 2022Experience start
-
October 15, 2022Project Scope Meeting
-
November 17, 2022Experience end
Timeline
-
October 11, 2022Experience start
-
October 15, 2022Project Scope Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
-
November 17, 2022Experience end