Wilkhahn Asia Pacific - A strategy and performance evaluation of an international commercial furniture company
A strategy and performance evaluation of an international commercial furniture company
Business & Finance, Management & Leadership, Management
| Author: | Silke Tischendorf, Marion Enander | ISBN: | 9783638202909 |
| Publisher: | GRIN Publishing | Publication: | August 13, 2003 |
| Imprint: | GRIN Publishing | Language: | English |
| Author: | Silke Tischendorf, Marion Enander |
| ISBN: | 9783638202909 |
| Publisher: | GRIN Publishing |
| Publication: | August 13, 2003 |
| Imprint: | GRIN Publishing |
| Language: | English |
Seminar paper from the year 2002 in the subject Business economics - Business Management, Corporate Governance, grade: 1,5 (A), University of New South Wales, Sydney (Faculty of International Business), course: International Business Strategies, 9 entries in the bibliography, language: English, abstract: The objective of this report is to evaluate the strategy and performance of Wilkhahn Asia Pacific (WiAP). The focus will be on the business-level strategy. An analysis will be conducted to identify if a match between the strategy pursued by WiAP and the internal and external environment exists. Subsequently, we will synthesize the information gained from the analysis in order to identify possible proble ms and generate alternative strategic solutions. Finally, we will offer recommendations to WiAP on future strategies based on an evaluation of the strategic solutions. WiAP is a subsidiary of the German multinational commercial furniture manufacturer Wilkhahn GmbH. WiAP started its operation in Australia in 1999 with its regional headquarters in Sydney and sales offices in Melbourne and Brisbane. The company has grown rapidly and has recently established a presence in Asia through sales offices in Singapore, Hong Kong and Kuala Lumpur. After the first two very successful years, Wilkhahn Asia Pacific has recently experienced a decreased sales performance. We have considered Wilkhahn as an interesting firm for our report, given that it is a multinational company with presence in Australia. Given our own nationalities, German and Swedish, we found it interesting to evaluate the performance of a northern European firm operating in Australia. The reason we choose the office furniture industry is that one of us has previously worked in the industry in Europe. With the help of WiAP's Managing Director, Michael Prenzlau, and his staff, we were able to collect valuable information about the office furniture industry (external environment) and the company itself (internal environment).
Seminar paper from the year 2002 in the subject Business economics - Business Management, Corporate Governance, grade: 1,5 (A), University of New South Wales, Sydney (Faculty of International Business), course: International Business Strategies, 9 entries in the bibliography, language: English, abstract: The objective of this report is to evaluate the strategy and performance of Wilkhahn Asia Pacific (WiAP). The focus will be on the business-level strategy. An analysis will be conducted to identify if a match between the strategy pursued by WiAP and the internal and external environment exists. Subsequently, we will synthesize the information gained from the analysis in order to identify possible proble ms and generate alternative strategic solutions. Finally, we will offer recommendations to WiAP on future strategies based on an evaluation of the strategic solutions. WiAP is a subsidiary of the German multinational commercial furniture manufacturer Wilkhahn GmbH. WiAP started its operation in Australia in 1999 with its regional headquarters in Sydney and sales offices in Melbourne and Brisbane. The company has grown rapidly and has recently established a presence in Asia through sales offices in Singapore, Hong Kong and Kuala Lumpur. After the first two very successful years, Wilkhahn Asia Pacific has recently experienced a decreased sales performance. We have considered Wilkhahn as an interesting firm for our report, given that it is a multinational company with presence in Australia. Given our own nationalities, German and Swedish, we found it interesting to evaluate the performance of a northern European firm operating in Australia. The reason we choose the office furniture industry is that one of us has previously worked in the industry in Europe. With the help of WiAP's Managing Director, Michael Prenzlau, and his staff, we were able to collect valuable information about the office furniture industry (external environment) and the company itself (internal environment).
