Timberland analysis continued
In our breakout sessions over the
past few weeks we have discussed many factors such as Timberland itself and
factors that affect the company such as competitors and external factors. We
have divided work between group members, with a list of task in mind that we
wanted or needed to complete. Up to this point we are all up to date with the
work that we wanted to complete and have enough information to continue on to
our next planned step, looking at critical success factors of Timberland.
In our last post we had planned
that we would carry out a SWOT/TOWS analysis on timberland. As a group we
performed this and we each took one area (Threat, Opportunity, weakness
and Strength) which we would research in order to compose this analysis
together as a group. We also took this approach to a PEST analysis in order to
find the external factors that affected the business. Several members of our
group have also used a marketing mix analysis, using price, place, promotion
and product, in order to analyse competitors to Timberland. Other tasks have
been in uploading information to the blog and writing posts. To this point we
have all kept to the contract and all given individual contributions to the
project. The majority of this analysis we had previously planned however as we
were working we found areas which we would like to review more and therefore
more analysis came from this.
From this point we intend to look
at the critical success factors of Timberland and we will also begin to create
an infographic of our work depicting the market audit process performed by our
group.
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