TABLE OF CONTENT ACKNOWLEDGEMENTS ABSTRACT TOM TAT TABLE OF CONTENT LIST OF TABLE LIST OF FIGURE. LIST OF CILART INTRODUCTION. con nrenerirerriis is 4, Methodology. is is 6, Limitation.
CHAPTBR 1: THEORETIC FOVNDATION.1 Strategy and strategic maIageDIett. cà chien Hee reuen 1.1 Definition and levels o['stralcgy 1.3 Sratopi management pFo©©8.4 The role of strategic managoment.5 Stratoaiz deoision making,. cọ tớ HH H000, re 1.2 Five-fores madel 1.3 Value chain model 1.4 SWOT model CHAPTER 2: INTERNAL ANT EXTERNAT.2 Buviromnental scanning aud forecasling —PESTLE analysis 2.3 Industry analysis — Five-Force macdel 2 Internal analysis Wy 2.1 Nam A Company profile 2 Value chain analysis 2.3 Extemal and intemal analysis summary — SWOT analysis. CHAPTER 3: STRATEGY RECOMMENDATION 3.1 Strategy Íormtu[afiO.1 Cost leadership by cutting organization structue.2 Cost leadership by improving material using efficiency.3 Cost leadership by improving stage transfer efficiency 68 3.4 Cost leadership by improving asset utilization .5 Cost leadership by gaining access to lower-cost materials.6 Cost leadership by maintaining low warchousing and marketing costs CONCLUSION REFERENCE.
viii ABSTRACT AN INVESTIGATION IN BUILDING BUSINESS STRATEGY — THE CASE OF NAM A COMPANY Trinh Lan Huong MBA candidate Vietnam National Universily, Hanoi School of Business. Supervisors: Tran Doan Kim, PhD Ha Nguyen, MBA December 2012, 86 pages UPVC door and window industry is in a difficult situation due to its maturity as well as the stagnation of construclion industry in Victnar. Because of the decrease in the quantity of customers and a preat number of players, uPVC door and window industry becomes more and wore competitive. IL is tough for Nam A Company, whose operations belong to this industry, to survive the erisis in this condition The purpose of this thesis is to build appropriate business strategy for Nam A Company concentrating on their main activities of producing and assembling uPVC doors and windows in order to instruct.
fhe fim to overcome this hard phase of (he market The study indicates that cost leadership is the most suitable business strategy for Nam A Company. ‘This is the method assisting the finn to eam more competitiveness by reducing the costs of manufacture and management. The construction of this suggestion is in accordance with the strengths and weaknesses of the company aiming at catching opportunities and avoiding threats in current industry, INTRODUCTION This chapter presents an introduction of the research. Included in this part, problem setting, objectives of this report, research questions, methodology, significance, limitation and thesis structure will be displayed in order to provide an overview of this paper for the readers.
Problem statement Strategic management is a necessary job of all managers. In business operation, strategy is a tool to support the corporation in gaining its objects, mission, and vision. Especially in competition, strategic management even keeps an important role in conducting the companies. It has a main effect on existence, growing, and developing of an enterprise.
A company can win lots of success, if it has right strategy for its situation. Nam A Construction and Production Joint Stock Company is an enterprise manufacturing uPVC doors and windows. At the time, it is facing to a hard period of time, due to the difficulty in economy and construction industry and fierce competition between uPVC companies, It is necessary to build up a business strategy for Nam A Company to direct the existence and development of the firm in Vietnamese uPVC doors and windows industry. Therefore, I decided to work on this topic in my thesis 2.
Paper objectives To build an appropriate business strategy for Nam A Company for the next years, following objectives are focused on - The first objective is to provide a better understanding of theoretical foundation in constructing business strategy for enterprises. Then, six functional strategies arc developed base on gencral business strategy as well as the company characteristics to give Nam A Company further suggestions in the way they should implement business stategy. Included in there are cost leadership by cutting organization structure, cost leadership by improving material using efficiency, cost leadership by improving stage transfer efficiency, cost leadership by improving asset utilization, cost leadership by gaining access to lower-cost materials, and cost leadership by maintaining low warehousing and marketing costs Key words: strategy, strategic management, uPVC door and window industry LIST OF FIGURE Figure 1.1; Porter’s Generie Competitive Sưategios.3: Stratogic manageTent pro©es.4: Five-force model.5: Value chain model Figure 1.6: SWOT model Figure 2.1; Vietiam uPVC doors and windows industry life cycle Figure 2.2: Corlalion between product quality and price of fragmentation group in the indUsty .3; UPVC door and window production process .4: Organivation structure LIST OF CIIART Chart 2.1: Market share in uPVC doors and windows industry Chart 2.2: FDI registered capital 2000-2006.3: Diviion of FDI 1988-2007 (biHion USD.4: Vietnam population 34 Chart 2.5: Vietnam population struckare in 2009 35 Chart 2.6: Five forces in uPVC doors and windows industry 46 Chart 2.7: Human resource disiibutian.8: Proportion of employee groups wilh dilferent qualilication xi LIST OF FIGURE Figure 1.1; Porter’s Generie Competitive Sưategios.3: Stratogic manageTent pro©es.4: Five-force model.5: Value chain model Figure 1.6: SWOT model Figure 2.1; Vietiam uPVC doors and windows industry life cycle Figure 2.2: Corlalion between product quality and price of fragmentation group in the indUsty .3; UPVC door and window production process .4: Organivation structure LIST OF FIGURE Figure 1.1; Porter’s Generie Competitive Sưategios.3: Stratogic manageTent pro©es.4: Five-force model.5: Value chain model Figure 1.6: SWOT model Figure 2.1; Vietiam uPVC doors and windows industry life cycle Figure 2.2: Corlalion between product quality and price of fragmentation group in the indUsty .3; UPVC door and window production process .4: Organivation structure Then, six functional strategies arc developed base on gencral business strategy as well as the company characteristics to give Nam A Company further suggestions in the way they should implement business stategy. Included in there are cost leadership by cutting organization structure, cost leadership by improving material using efficiency, cost leadership by improving stage transfer efficiency, cost leadership by improving asset utilization, cost leadership by gaining access to lower-cost materials, and cost leadership by maintaining low warehousing and marketing costs Key words: strategy, strategic management, uPVC door and window industry LIST OF TABLE Table 2.1; Construction growth in percentage from 2005 to 2012.2: Comparison of doors and windows’ characteristics.3: SWOT analysis of Nam A Company Table 3.1: Comparison of typical strategies in the case of Nam A Company Table 3.2: Function strategies for Nam A Company INTRODUCTION This chapter presents an introduction of the research.
Included in this part, problem setting, objectives of this report, research questions, methodology, significance, limitation and thesis structure will be displayed in order to provide an overview of this paper for the readers. Problem statement Strategic management is a necessary job of all managers. In business operation, strategy is a tool to support the corporation in gaining its objects, mission, and vision. Especially in competition, strategic management even keeps an important role in conducting the companies.
It has a main effect on existence, growing, and developing of an enterprise. A company can win lots of success, if it has right strategy for its situation. Nam A Construction and Production Joint Stock Company is an enterprise manufacturing uPVC doors and windows. At the time, it is facing to a hard period of time, due to the difficulty in economy and construction industry and fierce competition between uPVC companies, It is necessary to build up a business strategy for Nam A Company to direct the existence and development of the firm in Vietnamese uPVC doors and windows industry.
Therefore, I decided to work on this topic in my thesis 2. Paper objectives To build an appropriate business strategy for Nam A Company for the next years, following objectives are focused on - The first objective is to provide a better understanding of theoretical foundation in constructing business strategy for enterprises. - Next, during the application of these theories into the case of Nam A Company, the report aims at figure out the company opportunities, threats, strengths and weaknesses as the foundation to form the business strategy for Nam A Company. - The final objective is to create implications for strategy implementation from general business strategy in Nam A Company.
Research question In order to reach the objectives of this paper, these questions below have been developed. - What is the method used to form business strategy for an enterprise? ~ What is appropriate business strategy for Nam A Company to apply in the next years? - How to implement the general strategy in daily operation of the company? 4. Methodology The research focuses on Nam A Company as a case study to make an in-depth investigation within their real-life context. Multiple sources of information have been used in this thesis.
First, the documentation of both theories and company profile has been collected through public sources as books, articles, company annual reports and company capacity record. Then, open-ended interviews have been launched aiming at Nam A Company's directors and employees. All the information related to company operations has been achieved through these interviews. These data has been analyzed and compared with the data of other companies in the same industry to understand the position of Nam A Company in the whole market 5.
Significance Both the economy and Nam A Company has been significantly contributed from this research, LIST OF CIIART Chart 2.1: Market share in uPVC doors and windows industry Chart 2.2: FDI registered capital 2000-2006.3: Diviion of FDI 1988-2007 (biHion USD.4: Vietnam population 34 Chart 2.5: Vietnam population struckare in 2009 35 Chart 2.6: Five forces in uPVC doors and windows industry 46 Chart 2.7: Human resource disiibutian.8: Proportion of employee groups wilh dilferent qualilication xi LIST OF CIIART Chart 2.1: Market share in uPVC doors and windows industry Chart 2.2: FDI registered capital 2000-2006.3: Diviion of FDI 1988-2007 (biHion USD.4: Vietnam population 34 Chart 2.5: Vietnam population struckare in 2009 35 Chart 2.6: Five forces in uPVC doors and windows industry 46 Chart 2.7: Human resource disiibutian.8: Proportion of employee groups wilh dilferent qualilication xi ABSTRACT AN INVESTIGATION IN BUILDING BUSINESS STRATEGY — THE CASE OF NAM A COMPANY Trinh Lan Huong MBA candidate Vietnam National Universily, Hanoi School of Business. Supervisors: Tran Doan Kim, PhD Ha Nguyen, MBA December 2012, 86 pages UPVC door and window industry is in a difficult situation due to its maturity as well as the stagnation of construclion industry in Victnar. Because of the decrease in the quantity of customers and a preat number of players, uPVC door and window industry becomes more and wore competitive. IL is tough for Nam A Company, whose operations belong to this industry, to survive the erisis in this condition The purpose of this thesis is to build appropriate business strategy for Nam A Company concentrating on their main activities of producing and assembling uPVC doors and windows in order to instruct.
fhe fim to overcome this hard phase of (he market The study indicates that cost leadership is the most suitable business strategy for Nam A Company. ‘This is the method assisting the finn to eam more competitiveness by reducing the costs of manufacture and management. The construction of this suggestion is in accordance with the strengths and weaknesses of the company aiming at catching opportunities and avoiding threats in current industry, - Next, during the application of these theories into the case of Nam A Company, the report aims at figure out the company opportunities, threats, strengths and weaknesses as the foundation to form the business strategy for Nam A Company. - The final objective is to create implications for strategy implementation from general business strategy in Nam A Company.
Research question In order to reach the objectives of this paper, these questions below have been developed. - What is the method used to form business strategy for an enterprise? ~ What is appropriate business strategy for Nam A Company to apply in the next years? - How to implement the general strategy in daily operation of the company? 4.