A strategic review of Hard Rock Caf Essay Example | Topics and Well Written Essays - 2500 words

A strategic review of Hard Rock Caf - Essay Example Strategic group analysis for Hard Rock Cafà © will help in evaluating the firms with similar features, competing on same basis or following similar strategies. Three major direct competitions have been analysed, namely Planet Hollywood International Inc, The Johnny Rockets Group and Landry’s Inc. The value chain analysis of Hard Rock Cafà © has helped in making strategies for better value creation for customers. A SAF analysis was done to identify potential problems, highlight their impact on winning execution and make sure that strategies are properly implemented. VRIN analysis helped in evaluating the core competencies of Hard Rock Cafà ©. The various components of the VRIN were further broken down into smaller components and the competency level of each of these components were further analysed. At last, various suggestions were put forward. The final recommendation chosen after the analysis was to expand in new and emerging markets. Founded in the year 1971, Hard Rock Cafà © (HRD) is one of the finest chains of theme restaurants. It was started by Peter Morton and Issac Tigrett in London as a fast food and coffee joint (Hard Rock, 2014a). Over the years, Hard Rock Cafà © has successfully established itself as a pioneer in theme restaurants. After its successful global expansion into various nations, the retail chain diversified into many new business segments, including hotels, dining restaurants and casinos. In the year 2007, Hard Rock Cafà © was taken over by Seminole Tribe of Florida and the headquarters were shifted to Orland, Florida. As present, there are about 175 Hard Rock Cafà © s located across 53 countries (Hard Rock, 2014b). An analysis of product life cycle of Hard Rock Cafà © will help in understanding the present condition of the retail brand, in terms of its position in theme restaurants industry. Currently,

Leadership and Organisational Behaviour Case Study

Leadership and Organisational Behaviour - Case Study Example W.L. Gore & Associates is also known for its ability to develop innovative fabrics and polymer products which can be used for industrial, leisure, electronic and medical purposes (Gore, 2013). The case study will be analyzed on the basis of various theoretical frameworks regarding leadership and organizational behaviour and the researcher will use conjectural view in order to address pertaining issues in the case study. The researcher will mainly use four types of aspects such as leadership theories, team leadership, organizational behaviour and group dynamics in order to analyze the cases study. The researcher will take help of the theoretical argument of various research scholars in order to substantiate the proposed theoretical framework for the cases study and there will be separate literature review in the paper which will present theoretical arguments of various research scholars. In the next part of the paper, pertinent aspects of the case study will be analyzed in the light o f theoretical framework. In the last section, the researcher will recommend some suitable strategies which can help W.L. Gore & Associates to address any future problems in sustainable manner. Paradigms of the Case Study Careful analysis of the case study reveals the fact that the case of W.L. Gore & Associates is exceptional when it comes to comparing work culture in other organizations. The case study was written by considering leadership and organizational behaviour theories such as, 1- mutual trust development in a team, 2- leadership, 3- shared value within the team members, 4- managing a knowledge sharing and organic culture and 5- zest for constant innovation. Now, the question is whether the case study has been succeeded to address all the above mentioned theoretical aspects? Giving answer to the question is not a simple task and neither the researcher is in a position to judge the merit of the case study. However, the case study should be appreciated for its effort to unloc k the success mystery for W.L. Gore & Associates by integrating some of the prominent leadership and organizational behaviour theories. The researcher has found that above mentioned five aspects of the case study needs theoretical consideration in order to analyze the case study in terms of some well established leadership and organizational theories. Hence, the researcher has decided to conduct a literature review in order to explain pertinent aspects of the case study in the light of theoretical judgement of eminent research scholars. Literature Review It is evident from the case study that W.L. Gore & Associates has carefully replaced the concept of managing from external periphery with the concept of self managed individuals who can achieve leadership position by disposing skill and knowledge. Orsburn and Moran (2000) argued that self managed work groups are far more flexible in comparison to bureaucratic structure. Pearce and Manz (2005) pointed out that modern organizations ha ve trying to experiment with the organizational dynamics and organizational culture which can improve their productivity. Pearce and Manz (2005) defined self managed leaders are those who do not need external pressure to achieve the performance objective in workplace rather they