DIENA Case Solution
DIENA Case Solution
DIENA Case Solution
The DIENA 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 DIENA 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 DIENA 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 DIENA 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.
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
DIENA.
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 DIENA
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.
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.
Recognizing value creating activities and enhancing the value that they create
allow DIENA to increase its competitive advantage.
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.
This involves a detailed analysis of their actions and how these would
affect the future strategies of DIENA.
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.
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 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 DIENA
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 DIENA case answers should be
written down in the DIENA case memo, clearly identifying which part shows
what. The DIENA case should be in a professional format, presenting points
clearly that are well understood by the reader.
DIENA should focus on making use of its strengths identified from the
VRIO analysis to make the most of the opportunities identified from the
PESTEL.
DIENA should enhance the value creating activities within its value chain.
DIENA 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.