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Jet Propulsion Laboratory – Case Solution
The case study examines Jet Propulsion Laboratory (JPL) risk management principles and processes as used for a $600 million Mars landing mission. It focuses on risk analytics, the management process and governance system, technical risks, non-measurable external risks, and societal pressures. Students must consider whether to launch or delay the mission while appreciating the importance of leadership in risk management.
Robert S. Kaplan and Anette Mikes Harvard Business Review ( 110031-PDF-ENG ) February 18, 2010
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Would you, as a project manager, delay the launch of the project (mars landing mission) or give it the go-ahead defend your stand with the case facts in the background..
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Jet Propulsion Laboratory Case Answers
Gentry Lee’s guidance and leadership when it came to the formulation of a strong risk management system were why I decided to delay the launch of MBE.
Gentry Lee split the risks into three separate categories: (i) business-as-usual risks, which are easy to spot and counteract; (ii) development risks that go into unknown areas; and lastly, (iii) unknown risks, which we do not have any control over (most of these are environmental risks).
He also set up an all-encompassing risk control system in which the design, structure, and decisions concerning engineering were transparently examined. A 12-person Risk Review Board, comprised of independent experts, was organized and also included the leading contractor.
Three meetings that were three days long monitored the progress of the project, raised any assumptions, and assessed the probability of success to understand the risks and consequences better.
Fifty-one months before the launch, the Preliminary Mission and Systems Review (PMSR) was conducted to appraise hazards and the distribution of resources.
Twenty-two months prior to launching, the Critical Design Review (CDR) identified new risks in addition to assessing other existing risks and allocated more assets and resources.
Finally, seven weeks before launching, the Critical Events Readiness Review (CERR) was conducted to check on the probability of success.
The conclusions in these meetings all helped the team in reviewing the development of the project. As every member of the team is updated on each stage of the project, from the initial project planning up to the launching stage, each one can add positive inputs that help address risks and contribute to the project’s success.
The Risk Priority Number is calculated as the product of the consequence and the likelihood of occurrence. For the identified risks posted at each meeting, the Risk Priority Numbers are listed below:
Identified Risks during the PMSR
Heat Shield – Medium (10) Parachute – Medium (10) Radar – Medium (10) Solar Arrays – Medium (12) Bio-Marker Science Analyser Instrument (BMSA) – Medium (12) Sub-Surface Sample Acquisition System (SSSAS) – Medium (8)
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Jet Propulsion Laboratory Case Study Solution Analysis
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Jet Propulsion Laboratory Case Study Solution Analysis. Get Jet Propulsion Laboratory Case Study Analysis Solution. Contact us directly at buycasesolutions(at)gmail(dot)com if you want to order for Jet Propulsion Laboratory Case Solution, Case Analysis,... More
Jet Propulsion Laboratory Case Study Solution Analysis. Get Jet Propulsion Laboratory Case Study Analysis Solution. Contact us directly at buycasesolutions(at)gmail(dot)com if you want to order for Jet Propulsion Laboratory Case Solution, Case Analysis, Case Study Solution. Robert S. Kaplan, Anette Mikes Less
Email us for Any Case Solution at: [email protected] Jet Propulsion Laboratory Case Study Solution Analysis Jet Propulsion Laboratory Case Study Solution Analysis. Our tutors are available 24/7 to assist in your academic stuff, Our Professional writers are ready to serve you in services you need. Every Case Study Solution & Analysis is prepared from scratch, top quality, plagiarism free. Authors: Robert S. Kaplan, Anette Mikes Get Case Study Solution and Analysis of Jet Propulsion Laboratory in a FAIR PRICE!! Steps for Case Study Solution Analysis: 1. Introduction of Jet Propulsion Laboratory Case Solution The Jet Propulsion Laboratory case study is a Harvard Business Review case study, which presents a simulated practical experience to the reader allowing them to learn about real life problems in the business world. The Jet Propulsion Laboratory case consisted of a central issue to the organization, which had to be identified, analysed and creative solutions had to be drawn to tackle the issue. This paper presents the solved Jet Propulsion Laboratory case analysis and case solution. The method through which the analysis is done is mentioned, followed by the relevant tools used in finding the solution. The case solution first identifies the central issue to the Jet Propulsion Laboratory case study, and the relevant stakeholders affected by this issue. This is known as the problem identification stage. After this, the relevant tools and models are used, which help in the case study analysis and case study solution. The tools used in identifying the solution consist of the SWOT Analysis, Porter Five Forces Analysis, PESTEL Analysis, VRIO analysis, Value Chain Analysis, BCG Matrix analysis, Ansoff Matrix analysis, and the Marketing Mix analysis. The solution consists of recommended strategies to overcome this central issue. It is a good idea to also propose alternative case study solutions, because if the main solution is not found feasible, then the alternative solutions could be implemented. Lastly, a good case study solution also includes an implementation plan for the recommendation strategies. This shows how through a step-by-step procedure as to how the central issue can be resolved. Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: [email protected] 2. Problem Identification of Jet Propulsion Laboratory Case Solution Harvard Business Review cases involve a central problem that is being faced by the organization and these problems affect a number of stakeholders. In the problem identification stage, the problem faced by Jet Propulsion Laboratory is identified through reading of the case. This could be mentioned at the start of the reading, the middle or the end. At times in a case analysis, the problem may be clearly evident in the reading of the HBR case. At other times, finding the issue is the job of the person analysing the case. It is also important to understand what stakeholders are affected by the problem and how. The goals of the stakeholders and are the organization are also identified to ensure that the case study analysis are consistent with these. 3. Analysis of the Jet Propulsion Laboratory HBR Case Study The objective of the case should be focused on. This is doing the Jet Propulsion Laboratory Case Solution. This analysis can be proceeded in a step-by-step procedure to ensure that effective solutions are found. In the first step, a growth path of the company can be formulated that lays down its vision, mission and strategic aims. These can usually be developed using the company history is provided in the case. Company history is helpful in a Business Case study as it helps one understand what the scope of the solutions will be for the case study. The next step is of understanding the company; its people, their priorities and the overall culture. This can be done by using company history. It can also be done by looking at anecdotal instances of managers or employees that are usually included in an HBR case study description to give the reader a real feel of the situation. Lastly, a timeline of the issues and events in the case needs to be made. Arranging events in a timeline allows one to predict the next few events that are likely to take place. It also helps one in developing the case study solutions. The timeline also helps in understanding the continuous challenges that are being faced by the organisation. 4. SWOT analysis of Jet Propulsion Laboratory An important tool that helps in addressing the central issue of the case and coming up with Jet Propulsion Laboratory HBR case solution is the SWOT analysis. The SWOT analysis is a strategic management tool that lists down in the form of a matrix, an organisation's internal strengths and weaknesses, and external opportunities and threats. It helps in the strategic analysis of Jet Propulsion Laboratory Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: [email protected] Once this listing has been done, a clearer picture can be developed in regards to how strategies will be formed to address the main problem. For example, strengths will be used as an advantage in solving the issue. Therefore, the SWOT analysis is a helpful tool in coming up with the Jet Propulsion Laboratory Case Study answers. One does not need to remain restricted to using the traditional SWOT analysis, but the advanced TOWS matrix or weighted average SWOT analysis can also be used. 5. Porter Five Forces Analysis for Jet Propulsion Laboratory Another helpful tool in finding the case solutions is of Porter's Five Forces analysis. This is also a strategic tool that is used to analyse the competitive environment of the industry in which Jet Propulsion Laboratory operates in. Analysis of the industry is important as businesses do not work in isolation in real life, but are affected by the business environment of the industry that they operate in. Harvard Business case studies represent real-life situations, and therefore, an analysis of the industry's competitive environment needs to be carried out to come up with more holistic case study solutions. In Porter's Five Forces analysis, the industry is analysed along 5 dimensions. • These are the threats that the industry faces due to new entrants. • It includes the threat of substitute products. • It includes the bargaining power of buyers in the industry. • It includes the bargaining power of suppliers in an industry. • Lastly, the overall rivalry or competition within the industry is analysed This tool helps one understand the relative powers of the major players in the industry and its overall competitive dynamics. Actionable and practical solutions can then be developed by keeping these factors into perspective. 6. PESTEL Analysis of Jet Propulsion Laboratory Another helpful tool that should be used in finding the case study solutions is the PESTEL analysis. This also looks at the external business environment of the organisation helps in finding case study Analysis to real-life business issues as in HBR cases. • The PESTEL analysis particularly looks at the macro environmental factors that affect the industry. These are the political, environmental, social, technological, environmental and legal (regulatory) factors affecting the industry. • Factors within each of these 6 should be listed down, and analysis should be made as to how these affect the organisation under question. 7. VRIO Analysis of Jet Propulsion Laboratory Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: [email protected] This is an analysis carried out to know about the internal strengths and capabilities of Jet Propulsion Laboratory . Under the VRIO analysis, the following steps are carried out: • The internal resources of Jet Propulsion Laboratory are listed down. • Each of these resources are assessed in terms of the value it brings to the organization. • Each resource is assessed in terms of how rare it is. A rare resource is one that is not commonly used by competitors. • Each resource is assessed whether it could be imitated by competition easily or not. • Lastly, each resource is assessed in terms of whether the organization can use it to an advantage or not. • The analysis done on the 4 dimensions; Value, Rareness, Imitability, and Organization. If a resource is high on all of these 4, then it brings long-term competitive advantage. If a resource is high on Value, Rareness, and Imitability, then it brings an unused competitive advantage. If a resource is high on Value and Rareness, then it only brings temporary competitive advantage. If a resource is only valuable, then it’s a competitive parity. If it’s none, then it can be regarded as a competitive disadvantage. 8. Value Chain Analysis of Jet Propulsion Laboratory The Value chain analysis of Jet Propulsion Laboratory helps in identifying the activities of an organization, and how these add value in terms of cost reduction and differentiation. This tool is used in the case study analysis as follows: • The firm’s primary and support activities are listed down. • Identifying the importance of these activities in the cost of the product and the differentiation they produce. • Lastly, differentiation or cost reduction strategies are to be used for each of these activities to increase the overall value provided by these activities. Recognizing value creating activities and enhancing the value that they create allow Jet Propulsion Laboratory to increase its competitive advantage. 9. BCG Matrix of Jet Propulsion Laboratory The BCG Matrix is an important tool in deciding whether an organization should invest or divest in its strategic business units. The matrix involves placing the strategic business units of a business in one of four categories; question marks, stars, dogs and cash cows. The placement in these categories depends on the relative market share of the organization and the market growth of these strategic business units. The steps to be followed in this analysis is as follows: • Identify the relative market share of each strategic business unit. • Identify the market growth of each strategic business unit. Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: [email protected] • Place these strategic business units in one of four categories. Question Marks are those strategic business units with high market share and low market growth rate. Stars are those strategic business units with high market share and high market growth rate. Cash Cows are those strategic business units with high market share and low market growth rate. Dogs are those strategic business units with low market share and low growth rate. • Relevant strategies should be implemented for each strategic business unit depending on its position in the matrix. The strategies identified from the Jet Propulsion Laboratory BCG matrix and included in the case pdf. These are either to further develop the product, penetrate the market, develop the market, diversification, investing or divesting. 10. Ansoff Matrix of Jet Propulsion Laboratory Ansoff Matrix is an important strategic tool to come up with future strategies for Jet Propulsion Laboratory in the case solution. It helps decide whether an organization should pursue future expansion in new markets and products or should it focus on existing markets and products. • The organization can penetrate into existing markets with its existing products. This is known as market penetration strategy. • The organization can develop new products for the existing market. This is known as product development strategy. • The organization can enter new markets with its existing products. This is known as market development strategy. • The organization can enter into new markets with new products. This is known as a diversification strategy. The choice of strategy depends on the analysis of the previous tools used and the level of risk the organization is willing to take. 11. Marketing Mix of Jet Propulsion Laboratory Jet Propulsion Laboratory needs to bring out certain responses from the market that it targets. To do so, it will need to use the marketing mix, which serves as a tool in helping bring out responses from the market. The 4 elements of the marketing mix are Product, Price, Place and Promotions. The following steps are required to carry out a marketing mix analysis and include this in the case study analysis. • Analyse the company’s products and devise strategies to improve the product offering of the company. • Analyse the company’s price points and devise strategies that could be based on competition, value or cost. • Analyse the company’s promotion mix. This includes the advertisement, public relations, personal selling, sales promotion, and direct marketing. Strategies will be devised which makes use of a few or all of these elements. Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: buyca[email protected] • Analyse the company’s distribution and reach. Strategies can be devised to improve the availability of the company’s products. 12. Jet Propulsion Laboratory Strategy The strategies devised and included in the Jet Propulsion Laboratory case memo should have a strategy. A strategy is a strategy that involves firms seeking uncontested market spaces, which makes the competition of the company irrelevant. It involves coming up with new and unique products or ideas through innovation. This gives the organization a competitive advantage over other firms, unlike a red ocean strategy. 13. Competitors analysis of Jet Propulsion Laboratory The PESTEL analysis discussed previously looked at the macro environmental factors affecting business, but not the microenvironmental factors. One of the microenvironmental factors are competitors, which are addressed by a competitor analysis. The Competitors analysis of Jet Propulsion Laboratory looks at the direct and indirect competitors within the industry that it operates in. • This involves a detailed analysis of their actions and how these would affect the future strategies of Jet Propulsion Laboratory . • It involves looking at the current market share of the company and its competitors. • It should compare the marketing mix elements of competitors, their supply chain, human resources, financial strength etc. • It also should look at the potential opportunities and threats that these competitors pose on the company. 14. Organisation of the Analysis into Jet Propulsion Laboratory Case Study Solution Once various tools have been used to analyse the case, the findings of this analysis need to be incorporated into practical and actionable solutions. These solutions will also be the Jet Propulsion Laboratory case answers. These are usually in the form of strategies that the organisation can adopt. The following step-by-step procedure can be used to organise the Harvard Business case solution and recommendations: • The first step of the solution is to come up with a corporate level strategy for the organisation. This part consists of solutions that address issues faced by the organisation on a strategic level. This could include suggestions, changes or recommendations to the company's vision, mission and its strategic objectives. It can include recommendations on how the organisation can work towards achieving these strategic objectives. Furthermore, it needs to be explained how the stated recommendations will help in solving the main Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: [email protected] issue mentioned in the case and where the company will stand in the future as a result of these. • The second step of the solution is to come up with a business level strategy. The HBR case studies may present issues faced by a part of the organisation. For example, the issues may be stated for marketing and the role of a marketing manager needs to be assumed. So, recommendations and suggestions need to address the strategy of the marketing department in this case. Therefore, the strategic objectives of this business unit (Marketing) will be laid down in the solutions and recommendations will be made as to how to achieve these objectives. Similar would be the case for any other business unit or department such as human resources, finance, IT etc. The important thing to note here is that the business level strategy needs to be aligned with the overall corporate strategy of the organisation. For example, if one suggests the organisation to focus on differentiation for competitive advantage as a corporate level strategy, then it can't be recommended for the Jet Propulsion Laboratory Case Study Solution that the business unit should focus on costs. • The third step is not compulsory but depends from case to case. In some HBR case studies, one may be required to analyse an issue at a department. This issue may be analysed for a manager or employee as well. In these cases, recommendations need to be made for these people. The solution may state that objectives that these people need to achieve and how these objectives would be achieved. The case study analysis and solution, and Jet Propulsion Laboratory case answers should be written down in the Jet Propulsion Laboratory case memo, clearly identifying which part shows what. The Jet Propulsion Laboratory case should be in a professional format, presenting points clearly that are well understood by the reader. 15. Alternate solution to the Jet Propulsion Laboratory HBR case study It is important to have more than one solution to the case study. This is the alternate solution that would be implemented if the original proposed solution is found infeasible or impossible due to a change in circumstances. The alternate solution for Jet Propulsion Laboratory is presented in the same way as the original solution, where it consists of a corporate level strategy, business level strategy and other recommendations. 16. Implementation of Jet Propulsion Laboratory Case Solution Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
Email us for Any Case Solution at: [email protected] The case study does not end at just providing recommendations to the issues at hand. One is also required to provide how these recommendations would be implemented. This is shown through a proper implementation framework. A detailed implementation framework helps in distinguishing between an average and an above average case study answer. A good implementation framework shows the proposed plan and how the organisations' resources would be used to achieve the objectives. It also lays down the changes needed to be made as well as the assumptions in the process. • A proper implementation framework shows that one has clearly understood the case study and the main issue within it. • It shows that one has been clarified with the HBR fundamentals on the topic. • It shows that the details provided in the case have been properly analysed. • It shows that one has developed an ability to prioritise recommendations and how these could be successfully implemented. • The implementation framework also helps by removing out any recommendations that are not practical or actionable as these could not be implemented. Therefore, the implementation framework ensures that the solution to the Jet Propulsion Laboratory Harvard case is complete and properly answered. 17. Recommendations and Action Plan for Jet Propulsion Laboratory case analysis For Jet Propulsion Laboratory, based on the SWOT Analysis, Porter Five Forces Analysis, PESTEL Analysis, VRIO analysis, Value Chain Analysis, BCG Matrix analysis, Ansoff Matrix analysis, and the Marketing Mix analysis, the recommendations and action plan are as follows: • Jet Propulsion Laboratory should focus on making use of its strengths identified from the VRIO analysis to make the most of the opportunities identified from the PESTEL. • Jet Propulsion Laboratory should enhance the value creating activities within its value chain. • Jet Propulsion Laboratory should invest in its stars and cash cows, while getting rid of the dogs identified from the BCG Matrix analysis. • To achieve its overall corporate and business level objectives, it should make use of the marketing mix tools to obtain desired results from its target market. Email us for Any Case Solution at: [email protected] Note: This article is just a sample and not an actual case solution. If you want original case solution, please place your order on the Email.
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Jet Propulsion Laboratory Harvard Case Solution & Analysis
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The case for non-commercial project-oriented setting, introduces the basic principles of risk management and processes, which are easy to apply to the private sector settings. Gentry Lee, a senior systems engineer and in fact the main risk is the use of a new integrated risk management system in the $ 600 million high-profile mission to Mars landing. The case illustrates the risks of cultural JPL for high visibility and expensive missions in the post-Challenger era with a severely restricted budget. It introduces risk analysis, such as heat maps, as well as process control and management system centered around a continuous challenge and "intellectual confrontation." Students will consider the strategy JPL and limitations, measurable technical risks, external risks and immeasurable societal pressures in deciding to start or delay the launch Mars mission. The case calls for the evaluation of the role of the main risks, and, in general, leadership, risk management. "Hide by Robert S. Kaplan, Anette Mikes Source : HBS Premier Case Collection 16 pages. Publication Date: February 18, 2010. Prod. #: 110031-PDF-ENG
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Jet Propulsion Laboratory Case Solution & Answer
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The case, a non-profit project based, presents the principles and processes that are readily applicable to private sector environments managing key risks. Gentry Lee, and senior system engineer facto head of risk, has a new system of global risk management a landing mission is $ 600 million high-profile Mars. This case illustrates the risk culture of JPL for high visibility and expensive tasks in the post-Challenger with very limited budgets. Risk analysis, such as heat maps, and management processes and system of government centered around ongoing challenge and introduced “intellectual confrontation.” Students examine the strategy and limitations of JPL, measurable technical risks, no measurable external risks and social pressures in the decision to initiate or delay the launch of the Mars mission. The event requires an appreciation of the role of the Chief Risk and overall leadership, risk management. by Robert S. Kaplan, Anette Mikes Source: Harvard Business School 16 pages. Date Posted: February 18, 2010. Prod #: 110031-PDF-ENG Case Solution Jet Propulsion Laboratory
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Jet propulsion laboratory case study analysis & solution, harvard business case studies solutions - assignment help.
Jet Propulsion Laboratory is a Harvard Business (HBR) Case Study on Finance & Accounting , Fern Fort University provides HBR case study assignment help for just $11. Our case solution is based on Case Study Method expertise & our global insights.
Finance & Accounting Case Study | Authors :: Robert S. Kaplan, Anette Mikes
Case study description.
The case, in a non-profit project-oriented setting, introduces fundamental risk management principles and processes that are easily applicable to private sector settings. Gentry Lee, senior systems engineer and de-facto chief risk officer, is applying a new comprehensive risk management system to a $600 million high-profile Mars landing mission. The case illustrates JPL's risk culture for high-visibility and expensive missions in the post-Challenger era with tightly constrained budgets. It introduces risk analytics, such as heat maps, and the management process and governance system centered around continuous challenge and "intellectual confrontation." Students will consider JPL's strategy and constraints, measurable technical risks, non-measurable external risks and societal pressures in making a decision about whether to launch or delay the Mars mission launch. The case calls for an appreciation of the role of the chief risk officer, and in general, of leadership, in risk management.
Project management, Risk management, Strategic planning
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[10 Steps] Case Study Analysis & Solution
Step 1 - reading up harvard business review fundamentals on the finance & accounting.
Even before you start reading a business case study just make sure that you have brushed up the Harvard Business Review (HBR) fundamentals on the Finance & Accounting. Brushing up HBR fundamentals will provide a strong base for investigative reading. Often readers scan through the business case study without having a clear map in mind. This leads to unstructured learning process resulting in missed details and at worse wrong conclusions. Reading up the HBR fundamentals helps in sketching out business case study analysis and solution roadmap even before you start reading the case study. It also provides starting ideas as fundamentals often provide insight into some of the aspects that may not be covered in the business case study itself.
Step 2 - Reading the Jet Propulsion Laboratory HBR Case Study
To write an emphatic case study analysis and provide pragmatic and actionable solutions, you must have a strong grasps of the facts and the central problem of the HBR case study. Begin slowly - underline the details and sketch out the business case study description map. In some cases you will able to find the central problem in the beginning itself while in others it may be in the end in form of questions. Business case study paragraph by paragraph mapping will help you in organizing the information correctly and provide a clear guide to go back to the case study if you need further information. My case study strategy involves -
- Marking out the protagonist and key players in the case study from the very start.
- Drawing a motivation chart of the key players and their priorities from the case study description.
- Refine the central problem the protagonist is facing in the case and how it relates to the HBR fundamentals on the topic.
- Evaluate each detail in the case study in light of the HBR case study analysis core ideas.
Step 3 - Jet Propulsion Laboratory Case Study Analysis
Once you are comfortable with the details and objective of the business case study proceed forward to put some details into the analysis template. You can do business case study analysis by following Fern Fort University step by step instructions -
- Company history is provided in the first half of the case. You can use this history to draw a growth path and illustrate vision, mission and strategic objectives of the organization. Often history is provided in the case not only to provide a background to the problem but also provide the scope of the solution that you can write for the case study.
- HBR case studies provide anecdotal instances from managers and employees in the organization to give a feel of real situation on the ground. Use these instances and opinions to mark out the organization's culture, its people priorities & inhibitions.
- Make a time line of the events and issues in the case study. Time line can provide the clue for the next step in organization's journey. Time line also provides an insight into the progressive challenges the company is facing in the case study.
Step 4 - SWOT Analysis of Jet Propulsion Laboratory
Once you finished the case analysis, time line of the events and other critical details. Focus on the following -
- Zero down on the central problem and two to five related problems in the case study.
- Do the SWOT analysis of the Jet Propulsion Laboratory . SWOT analysis is a strategic tool to map out the strengths, weakness, opportunities and threats that a firm is facing.
- SWOT analysis and SWOT Matrix will help you to clearly mark out - Strengths Weakness Opportunities & Threats that the organization or manager is facing in the Jet Propulsion Laboratory
- SWOT analysis will also provide a priority list of problem to be solved.
- You can also do a weighted SWOT analysis of Jet Propulsion Laboratory HBR case study.
Step 5 - Porter 5 Forces / Strategic Analysis of Industry Analysis Jet Propulsion Laboratory
In our live classes we often come across business managers who pinpoint one problem in the case and build a case study analysis and solution around that singular point. Business environments are often complex and require holistic solutions. You should try to understand not only the organization but also the industry which the business operates in. Porter Five Forces is a strategic analysis tool that will help you in understanding the relative powers of the key players in the business case study and what sort of pragmatic and actionable case study solution is viable in the light of given facts.
Step 6 - PESTEL, PEST / STEP Analysis of Jet Propulsion Laboratory
Another way of understanding the external environment of the firm in Jet Propulsion Laboratory is to do a PESTEL - Political, Economic, Social, Technological, Environmental & Legal analysis of the environment the firm operates in. You should make a list of factors that have significant impact on the organization and factors that drive growth in the industry. You can even identify the source of firm's competitive advantage based on PESTEL analysis and Organization's Core Competencies.
Step 7 - Organizing & Prioritizing the Analysis into Jet Propulsion Laboratory Case Study Solution
Once you have developed multipronged approach and work out various suggestions based on the strategic tools. The next step is organizing the solution based on the requirement of the case. You can use the following strategy to organize the findings and suggestions.
- Build a corporate level strategy - organizing your findings and recommendations in a way to answer the larger strategic objective of the firm. It include using the analysis to answer the company's vision, mission and key objectives , and how your suggestions will take the company to next level in achieving those goals.
- Business Unit Level Solution - The case study may put you in a position of a marketing manager of a small brand. So instead of providing recommendations for overall company you need to specify the marketing objectives of that particular brand. You have to recommend business unit level recommendations. The scope of the recommendations will be limited to the particular unit but you have to take care of the fact that your recommendations are don't directly contradict the company's overall strategy. For example you can recommend a low cost strategy but the company core competency is design differentiation.
- Case study solutions can also provide recommendation for the business manager or leader described in the business case study.
Step 8 -Implementation Framework
The goal of the business case study is not only to identify problems and recommend solutions but also to provide a framework to implement those case study solutions. Implementation framework differentiates good case study solutions from great case study solutions. If you able to provide a detailed implementation framework then you have successfully achieved the following objectives -
- Detailed understanding of the case,
- Clarity of HBR case study fundamentals,
- Analyzed case details based on those fundamentals and
- Developed an ability to prioritize recommendations based on probability of their successful implementation.
Implementation framework helps in weeding out non actionable recommendations, resulting in awesome Jet Propulsion Laboratory case study solution.
Step 9 - Take a Break
Once you finished the case study implementation framework. Take a small break, grab a cup of coffee or whatever you like, go for a walk or just shoot some hoops.
Step 10 - Critically Examine Jet Propulsion Laboratory case study solution
After refreshing your mind, read your case study solution critically. When we are writing case study solution we often have details on our screen as well as in our head. This leads to either missing details or poor sentence structures. Once refreshed go through the case solution again - improve sentence structures and grammar, double check the numbers provided in your analysis and question your recommendations. Be very slow with this process as rushing through it leads to missing key details. Once done it is time to hit the attach button.
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Jet Propulsion Laboratory Case Study Solution
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Jet Propulsion Laboratory Case Study Help
Jet Propulsion Laboratory is presently one of the greatest food cycle worldwide. It was founded by Harvard in 1866, a German Pharmacist who initially released "FarineLactee"; a combination of flour and milk to feed babies and reduce mortality rate. At the same time, the Page siblings from Switzerland also found The Anglo-Swiss Condensed Milk Business. The two ended up being competitors initially but later on merged in 1905, leading to the birth of Jet Propulsion Laboratory. Business is now a transnational business. Unlike other multinational business, it has senior executives from different nations and attempts to make choices considering the entire world. Jet Propulsion Laboratory currently has more than 500 factories around the world and a network spread across 86 nations.
The function of Business Corporation is to improve the quality of life of individuals by playing its part and supplying healthy food. While making sure that the business is succeeding in the long run, that's how it plays its part for a much better and healthy future
Jet Propulsion Laboratory's vision is to supply its consumers with food that is healthy, high in quality and safe to eat. Business pictures to establish a trained labor force which would help the company to grow .
Jet Propulsion Laboratory's mission is that as currently, it is the leading business in the food industry, it believes in 'Good Food, Good Life". Its mission is to provide its customers with a variety of choices that are healthy and best in taste as well. It is concentrated on providing the best food to its customers throughout the day and night.
Business has a large range of products that it provides to its customers. Its items include food for infants, cereals, dairy items, treats, chocolates, food for pet and mineral water. It has around four hundred and fifty (450) factories worldwide and around 328,000 staff members. In 2011, Business was listed as the most rewarding company.
Goals and Objectives
• Remembering the vision and objective of the corporation, the business has actually put down its objectives and objectives. These goals and objectives are listed below. • One objective of the business is to reach zero garbage dump status. (Business, aboutus, 2017). • Another goal of Jet Propulsion Laboratory is to squander minimum food throughout production. Usually, the food produced is lost even before it reaches the customers. • Another thing that Business is dealing with is to improve its packaging in such a way that it would help it to lower the above-mentioned complications and would also ensure the delivery of high quality of its products to its clients. • Meet worldwide requirements of the environment. • Build a relationship based upon trust with its customers, organisation partners, staff members, and government.
Just Recently, Business Company is focusing more towards the strategy of NHW and investing more of its profits on the R&D innovation. The country is investing more on acquisitions and mergers to support its NHW strategy. The target of the company is not attained as the sales were anticipated to grow greater at the rate of 10% per year and the operating margins to increase by 20%, offered in Display H.
Analysis of current strategy, vision and goals.
The present Business strategy is based on the idea of Nutritious, Health and Health (NHW). This technique deals with the concept to bringing change in the client choices about food and making the food stuff much healthier worrying about the health problems. The vision of this strategy is based on the key method i.e. 60/40+ which just implies that the products will have a score of 60% on the basis of taste and 40% is based upon its dietary value. The products will be manufactured with additional nutritional worth in contrast to all other products in market getting it a plus on its dietary material. This technique was embraced to bring more delicious plus nutritious foods and beverages in market than ever. In competition with other companies, with an intent of retaining its trust over clients as Business Business has actually gotten more trusted by customers.
R&D Costs as a portion of sales are declining with increasing real quantity of spending shows that the sales are increasing at a higher rate than its R&D spending, and permit the business to more spend on R&D. Net Earnings Margin is increasing while R&D as a portion of sales is declining. This sign also shows a green light to the R&D spending, mergers and acquisitions. Debt ratio of the company is increasing due to its spending on mergers, acquisitions and R&D advancement instead of payment of financial obligations. This increasing financial obligation ratio position a threat of default of Business to its investors and could lead a declining share prices. Therefore, in regards to increasing debt ratio, the firm ought to not spend much on R&D and ought to pay its existing debts to decrease the risk for financiers. The increasing danger of financiers with increasing debt ratio and decreasing share costs can be observed by big decline of EPS of Jet Propulsion Laboratory stocks. The sales growth of company is also low as compare to its mergers and acquisitions due to slow perception building of consumers. This sluggish growth also hinder company to further spend on its mergers and acquisitions.( Business, Business Financial Reports, 2006-2010). Note: All the above analysis is done on the basis of calculations and Charts given up the Exhibits D and E.
TWOS analysis can be used to derive various techniques based upon the SWOT Analysis given above. A short summary of TWOS Analysis is given up Exhibition H.
Strategies to exploit Opportunities using Strengths
Business needs to present more innovative items by big amount of R&D Spending and mergers and acquisitions. It might increase the market share of Business and increase the profit margins for the business. It could also supply Business a long term competitive benefit over its competitors. The worldwide growth of Business should be focused on market capturing of developing nations by growth, attracting more customers through customer's commitment. As establishing countries are more populous than industrialized nations, it might increase the consumer circle of Business.
Strategies to Overcome Weaknesses to Exploit Opportunities
Strategies to use strengths to overcome threats
Business needs to move to not just establishing but likewise to developed nations. It ought to widens its geographical expansion. This broad geographical growth towards establishing and established nations would lower the threat of potential losses in times of instability in numerous nations. It needs to broaden its circle to various countries like Unilever which operates in about 170 plus countries.
Strategies to overcome weaknesses to avoid threats
It must acquire and merge with those nations having a goodwill of being a healthy business in the market. It would likewise make it possible for the business to use its potential resources effectively on its other operations rather than acquisitions of those companies slowing the NHW strategy development.
The demographic segmentation of Business is based on 4 factors; age, gender, income and occupation. Business produces numerous products related to children i.e. Cerelac, Nido, and so on and related to adults i.e. confectionary items. Jet Propulsion Laboratory products are rather affordable by nearly all levels, however its significant targeted consumers, in regards to earnings level are middle and upper middle level consumers.
Geographical segmentation of Business is composed of its presence in almost 86 nations. Its geographical division is based upon 2 primary elements i.e. average earnings level of the customer in addition to the environment of the region. For example, Singapore Business Business's segmentation is done on the basis of the weather condition of the area i.e. hot, warm or cold.
Psychographic division of Business is based upon the personality and life style of the client. For example, Business 3 in 1 Coffee target those consumers whose life style is rather hectic and don't have much time.
Jet Propulsion Laboratory behavioral segmentation is based upon the attitude knowledge and awareness of the client. Its highly nutritious products target those consumers who have a health mindful mindset towards their intakes.