It is simple yet powerful tool that help the organization in identifying its existing resources, capabilities, deficiencies, the existing opportunities and threats prevailing in the market. After considering the major top problems, the business analysts or managers would then be able maximizing the shareholder’s wealth. Furthermore the cost related to the entry, access to raw materials, barriers related to culture and technical standards also play a major role and can affect the decision of the new entrants in the market. It is used with the intent of analyzing that how well an organization have put their assets to work comparing to other competitors. It is a situation that arises as a result of the changes that took place in the immediate or distant environment, preventing the organization from maintaining its existence and superiority in the growing competition and are disadvantageous for the organization. In addition, while stating the problem statement, the aim of the management is to see the mission and vision of the company and then analyze the current state of the organization, such also allow the right identification of the problem and the lead to the development of concrete problem statement. A change in the gross margin might derived from the combination of the changes in the product’s selling price, manufacturing cost level for the product and the variation in the business’s product mix. Alternatives are generally mutually exclusive in a way that if we combine two or more alternatives together it will eventually create a new alternative. The users of the financial statement are listed below; Significantly, creating the financial ratio add meanings to the accounting and financial data of the business. Perhaps, while writ the problem statement, it is important to consider the small factors that are often overlooked such as the intangible factors that effects the productivity of the organization in the long-term. Days of inventory: it is the indication of how the company efficiently managing inventory. Also, the purpose of the problem statement is to describe the external environment and its effect on the overall organization in short and long-term. Perhaps, stating the Emirates Airline Connecting The Unconnected problem statement is not just writing the fact, it’s more about the factors that are effecting or may affect the organization in long term, therefore, while developing the problem statement, the factors such as human resource skills innovation, technology, change resistance are considered, that have a direct effect on the organization or is hidden cause of the problem. Apart from this it only cover the issues that are definite and doesn’t priorities them. Emirates airline is one of leading airline Services Company. The return on equity likely measures the profit amount that had generated by assets. The matric can be adjusted for thepurpose of reflecting the average equity amount being employed during the span of year, giving the more accurate and realisticpicture of how the organizationhas been performing throughout the year. Moreover, the problem statement allow the management to trim down the symptoms of the problem an organization is facing and look on to the real problem that is causing the damage to any specific aspect of the company. In addition, the problem statement is a group process, and hence requires a detail understanding of the issues the organization may be facing, by all members in the team. Language: English | Pages: 34 ShareBar. Individual expenses or cost items are associating to gross sales revenue adjusted for all allowances and returns. Abstract. It is a strategic planning framework that is commonly used to evaluate the organization, a plan, business or any other project. Emirates Airline: Connecting the Unconnected Pengantar Sore itu memudar senja sebagai Tim Clark, Presiden Emirates Airline, menatap ke banyak orang berbaur luar di 2013 Dubai Airshow. The problem statement refer to the concise description of the issues that needs to be addressed. Question: Case 34 – Emirates Airline EMIRATES AIRLINE* Emirates Airline Was One Of The Three Middle East Car- Riers That Were Singled Out By The Largest U.S. Airlines In A Report That Was Released On March 5, 2015. And when there is no close substitute available for the products being supplied by the suppliers. Implementation framework helps in weeding out non actionable recommendations, resulting in awesome Emirates Airline: Connecting the Unconnected case study solution. Brushing up HBR fundamentals will provide a strong base for investigative reading. It provides the way of looking at the relative equity and debt amount that has been using by company in order to finance the assets. However there are certain limitation attached with it. In addition to this it does not provide any solution or alternatives decisions. Value drivers: in recent time, the approach that has been significantly gaining the increased recognition is identifying the key elements standing out as vital in shareholders value creation of the specific organization. VALUE. On 25th October 1985, Emirates flew its first routes out of Dubai. Shareholders to clearly understand what is required to done, how it is required to do, who are the key player and how it will be implemented. Under the evaluation of alternatives the pros and cons of the alternatives developed above are gauged based on the benefits they offer to the organization and also the strengths the carry that may help the oragnation in overcoming the problem. A strong Emirates Airline Connecting The Unconnected recommendation must cover the key areas as how the organization will implement the alternatives, what benefits will it receive if it implement the when alternatives and what could be the cost, that he organization will need to overcome or address, in order to effectively implement the alternatives. The open discussion and review from past enables to see more clear picture of the ultimate outcomes, leading to better implementation and selection of the right alternative. In addition to this, the careful and deep consideration is given to the political, economic, social and other porter 5 forces and pestel model so to understand the alignment of right alternative with maximum value and weightage in resolving the problem. Basically, developing a problem statement is an extensive process and requires the proper brain storming of the teams in order to identify the underlying loopholes or inefficiencies within the organization. Many times, under the case analysis, the purpose of the problem statement is to improvise the current state of the organization through pursuing innovation or other changes. The reliability factor includes if the option developed is successful or has the successful track record in the past or with the pats companies. Profitability:the financial analyst generally assess profitability of an organization since it is the ability allow organization sustaining growth and earing income in both long term and short term. You can use the following strategy to organize the findings and suggestions. Current debt to equity ratio: it is the mix if the debt of an organization. The author of this theory suggests that firm must be valuable, rare, imperfectly imitable and perfectly non sustainable. In addition, the financial analysis helps companies in making the more informed decisions for the firm. In order to carry out the analysis it is important to understand each element of SWOT i.e. In addition to this, the disadvantages of the alternatives entails the costs that are associated with implanting the option, and thus required to  be considered before the implementation process, in order to avoid any mishap in future or during the implementation. Emirates Airline Connecting The Unconnected Opportunity is an advantage and the driving force for an organization. Management capabilities, Facilities, financial resources, marketing skills and the weak brand image can be the sources of weakness. You can also do a weighted SWOT analysis of Emirates Airline: Connecting the Unconnected HBR case study. Lastly, while doing the evaluation of Emirates Airline Connecting The Unconnected alternatives, it is important to quantify the options through different techniques. Overtime, the changes might be occur in less than one day, therefore the companies should make it tricky in order to predict how and why these forces might influence the future or present of the certain project. In particular section, the management/teams develops different options through which the problem can be resolved. Airline industry can easily get affected by any political change which shows that the industry is sensitive in nature. The solvency depends upon the balance sheet of company indicating the company’s financial condition at a given period of time. ...The airline was formed by the Dubai Government under a management agreement with Pakistan International Airlines (PIA) Using a PIA leased 737 and A300. The sales amount of an organization depicts the business size. Threats are the factors that prevent the organization from the actualization of an activity. Asset turnover: this measure is widely used in order to measure the ability of the company in generating sales from the fixed assets. Value of firm:this is the most common concept recognizing the components of capital structure of an organization debt and equity are tends to be values separately in the market. Infact, the set of recommendation offered should also have a contingency plan, and the other course of action for plan A and B both. Moreover, the recommendation also needs to entail the plan B, that if for instance the results are not generated as per the plan, the second set of recommendation must be incorporated in the plan, in order to allow the organization to quickly shift to the plan B, in order to avoid the losses and sustain the presence of the company in the market. All in all, the advantage of using the VRIO analysis is to determine the sustained competitive edge in the market. Apart from this the size and the reputation of the companies that are already operating in the market also play an important. The effect of the particular external factors or forces might have extreme consequences for the specific department or divisions, also the analysis better helps companies in clarifying the needed or required changes, thus identifying the potential options (Norton, 2008). The robustness of the option also needs to be analyzed. To conclude, PESTLE analysis is considered as an effective tool of planning and it offers viable and effective technique foranalyzing and scanning the operating environment of an organization. It is most important ratio in companies which are capital intensive. It is a useful tool that is widely used for strategic planning and management in many organizations. It is in the favor of the companies that exist in the market to create barriers for the new entrants to prevent them from entering into the industry. Narrates the story of Emirates, an airline founded in 1985 in Dubai that by 2013 was among the three largest commercial airlines in the world. The competitive rivalry is the analysis of the brands and the product, its strengths and weakness along with the strategies, competitors and the share in the market. Perhaps, it is important to involve other members to take the active feedback on the alternatives, in order to gauge the value of the alternatives and the value it may offer to the organization in the long-term. Business environments are often complex and require holistic solutions. Take a small break, grab a cup of coffee or whatever you like, go for a walk or just shoot some hoops. In typical situation, there are three options that are developed in by the organization to deal with the given problem. It is not heavily relying on the industry for its profits. The straightforward calculation related the common share current market price to the most recent available EPS on the yearly basis. The particular section deals with the different ways the problem can be resolved. The realistic and SMART nature of the option is important to be considered and developed, so it offer maximum value and also resolves the problem effectively. An organization should innovate and be compatible with the technologies. It defines the characteristics and situations of an organization which makes it more effective and efficient when compare with its competitors. They are the Emirates Airline Connecting The Unconnected technical and economically ways through which the project can be carried out feasibly. Demonstrate research into and Athletics Theory Session CDM - Revision - 2017-17 Financial Ratios-formula Enterprise Challenge Business Proposal Template 2017-18 Globalisation Technical Report Final Exam Final 10 May 2013, questions Exam 10 July 2017, questions Exercises for L6 MARK 1051 Course Handbook 2017 -2018 … They are just awesome. Moreover, clarity of the Emirates Airline Connecting The Unconnected problem statement is important to maintain, in order to avoid the misunderstanding between the shareholders and stakeholders. This will allow the team to develop a better solution plan addressing all the factors and considering all the risk associated with it. Assess one important resource/capability and use the VRIO framework from the Barney. The recent economic as well political instability in Asia has allowed Emirates Airlines to earn maximum profit. Therefore Porter framework due to its limitation is too inert to be depending upon outside the short term to medium, term objectives. . Emirates SWOT – a SWOT analysis of Emirates airline. The Emirates Airline Connecting The Unconnected legal factors involves the certain laws and regulations which might effect on the business operations of an organization. All in all, the recommendation include, what, why, how and whom factors. Developed an ability to prioritize recommendations based on probability of their successful implementation. Not only this, it drives globalization, the factors includes environmental and ecological aspects, and available services as well as products. Even before you start reading a business case study just make sure that you have brushed up the Harvard Business Review (HBR) fundamentals on the Strategy & Execution. We make beautiful, dynamic charts, heatmaps, co-relation plots, 3D plots & more. The Basic idea of the Emirates Airline Connecting The Unconnected VRIO model is to analyze the factor that are valuable for the organization. It can be a skill, a resource, image, market leadership, relation with buyer or supplier or any other advantage relative to its competitors that fulfill the needs of the market by providing the organization with a comparative advantage. The case details how Emirates' chooses new routes, technology, and equipment and manages its human resources, marketing and branding, and government relationships-together forming an internally consistent strategy that capitalizes on opportunities across geographic markets. Nonetheless, the analysis needs to be conjunction with other frameworks such as S-W-O-T analysis in order to get a more realistic picture. The Emirates Airline Connecting The Unconnected substitute products are an alternatives that are available in the market at comparatively better prices. Such may include the supply chain efficiency, value chain maintenance, technology or other factors, that offer value to the company and in return allows the organization to offers similar value to the customer. People rely on Emirates instead of preferring flights of their countries. Though in many cases, it is difficult to analyze the feasibility of the options especially the intangible factor, however, quantifying the maximum option is important, in order to develop a clear image and understanding of option that will address the problem. In addition, it offers clear view what are the factors that are valuable and inimitable o can be easily imitated in the long-term, thus preparing the organization to either use the valuable factor to delight the customer and develop a sustained competitive edge, or enhance its value and oragnation strengths to develop a strong competitive edge in the market, which is important to develop and maintain in order for the organization  to remain profitable and allow the maintenance of market share in the long-term (Hille, 2015). The ratio depicts that the magnitude of the cost of services provided or cost of good manufactured or purchased in relation to gross profit or gross margin left over for operating profit and expenses. Also it likely reveals about the organization’s expense. As it can be difficult to group the companies having similar business lines and to call it an industry. Emirates Airline: Connecting the Unconnected. Once you have developed multipronged approach and work out various suggestions based on the strategic tools. The product being offered by the suppliers are highly differentiated. If the participants in the industry have to incur high cost for switching suppliers or the firms are located adjacent to the suppliers manufacturing facilities. Be very slow with this process as rushing through it leads to missing key details. The barriers can be both industrial and legal. Emirates Airline: Connecting The Unconnected Case Study. If you are looking for MBA, Executive MBA or Corporate / Professional level recommendation memo then feel free to connect with us. To write an emphatic case study analysis and provide pragmatic and actionable solutions, you must have a strong grasps of the facts and the central problem of the HBR case study. Solvency:it is the ability of an organization paying off its liabilities or obligations to third parties or creditors in long term. Emirates Airline Connecting The Unconnected Customer are deemed strong if they contain negotiating leverage specifically if the industry is sensitive to price, the buyers can pressure suppliers for further price reductions. The formula for calculating the value of firm is showing value of the shares of company is the function of the firm’s total value less debt value (Harms, 2015). The useful snap shot can be taken by analyzing the financial condition of an organization in a particular time period. It is carried out to analyze the position of an organization in in the market compare to its competitors and the major factors that are affecting the competitiveness before crafting any business strategy. The competitors are diversified into domestic and global airlines which are trying to adapt their services through improvisation. From the standpoint of owners, the key value drivers may be the growth potential company’s key services and products, key technology capabilities providing the competitive edge, superior process’s cost effectiveness as well as the strategic differentiated positioning. For example you can recommend a low cost strategy but the company core competency is design differentiation. It defines the areas in which the organization hold a command or is good at doing it and that provides the organization and important capability. Porter Five Forces is a strategic analysis tool that will help you in understanding the relative powers of the key players in the business case study and what sort of pragmatic and actionable case study solution is viable in the light of given facts. Once the options are developed and evaluated, the recommendation is made, on the basis of the best suited option that offers the maximum value to the company and address the problem succinctly. Once refreshed go through the case solution again - improve sentence structures and grammar, double check the numbers provided in your analysis and question your recommendations. It is a factor that contribute positively towards the growth of the organization. The goal of the business case study is not only to identify problems and recommend solutions but also to provide a framework to implement those case study solutions. Gross profit margin (GPM):it is also referred to operating profit margin. This will provide residents of Dubai and Northern emirates enhanced travel option to neighboring destinations. Additionally, Emirates Airline plans to become the best company in customer service. These factor includes the consideration of the following: The cost includes if the option proposed is cost effective or can be afforded easily by the company without effecting the overall profitability and other operations of the company. It is an unfavorable situation that exist in the environment making it difficult for the organization to achieve its defined goals. are all the different ways for achieving the same objective that increased sales. The sales implications for the selling and purchasing power, economies of scale and amount of market share. Under the successful launch of Boeing 777X, Tim Clark (President of Emirates Airline) was considering to introduce the new roots to implement the latest technology, increasing the equipment size, revitalize the human resource management as well as looking for new ways to manage the marketing and brand innovations. These in-imitable factors allows the organization to developed the sustained competitive edge in the market and hence enhances the chances of sustainability ion the long-term. hence ins uh cases, the direct problem is no the ultimate organization factors but the process implementation that is needed to e in lace, in order to bring change , avoiding the upcoming risk and hence sustaining the competitive edge in the market (Spradlin, 2012). Airline industry has high entry barriers, primarily associated with the huge start-up costs involved. Once you finished the case study implementation framework. Zero down on the central problem and two to five related problems in the case study. Buy Professional PPT templates to impress your boss. Order custom Harvard Business Case Study Analysis & Solution. The next step is organizing the solution based on the requirement of the case. For the purpose of maximizing the benefits of such analysis, it is important that it should be used on regular basis so that an organization would be able to identify the trends. Cost of goods sold and gross margin analysis: in operational analysis the most commonly used ratios involves the calculation of the cost of sales as a percentage of sales. The organizations could be the new companies or the companies that are planning to diversify itself in the market. The sales’ common base permitting a ready comparison between key expenses from time to time against industry databases and competitors in the market over longer stretches of time. Fern Fort University. The cost of switching is comparatively low. In addition, the compatibility of the option is also analyzed, in order to understand if the given option is aligned and compatible with the procedures of the organization. Company history is provided in the first half of the case. Emirates airline operates the largest fleets of Boeing 777 and A380 Aircrafts. So regulation is lee here in terms of Emirates Rivalry among competitors Competitive Struggle: Due to established industry Emirates face so many competitors throughout the world. The simplicity factor analyses if the option proposed is easy to implement. It is Dubai-basedcompany and is wholly owned by the government of Dubai. It is the air freight division of Emirates, which started operations in October 1985, the same year Emirates was formed. Powerful suppliers possess more power to capture significant value for themselves by demanding high prices while limiting the quality and the quantity of the product or services or by transferring the cost on the participant of the industry. Moreover, it also determines the Imitable factors. If the number of buyer are limited or each of the buyer purchases large quantity relative to the size of the suppliers. Reading up the HBR fundamentals helps in sketching out business case study analysis and solution roadmap even before you start reading the case study. The consideration of cost is important in the alternative generation in order to attain the maximum feasibility with overall business strategy and the budget allocated. Send your data or let us do the research. The major advantage is that it enables the significant comparison between time periods. Emirates Airline Connecting The Unconnected Financial analysis is the assessment of the stability, viability as well as profitability of a sub-business, business or project. "Emirates Airline: Connecting the Unconnected." The Emirates Airline Connecting The Unconnected competition is moreover on basis of diversity, the development within the sector and the barriers related to entrance in the market. Its main hub is Dubai, UAE. Often readers scan through the business case study without having a clear map in mind. It also provides starting ideas as fundamentals often provide insight into some of the aspects that may not be covered in the business case study itself. In addition time required has to be mentioned. Moreover, under the particular section, the decision criteria is also developed. It is significant to consider these factors. Combining all of these lasting inevitable impact on the expectations of market regarding the cash flow generation and future success of the company. strength, weakness, opportunities and threats. Powerful buyers could flip the side of the powerful supplies by forcing the prices to move downwards and by demanding high quality and services by creating a competition between the participants in the industry on the basis of price and quantity. It identifies the issues or gap between the current and desired type of the organization, and thus requires to be stated in order for the management to look for change. EXECUTIVE SUMMARY – Emirates Airline: Connecting the Unconnected Emirates Airlines is a Dubai-based airline that is focused on providing top-class service and in-flight experiences to its customers. Since then it has been the main cargo division of Emirates, and the anchor cargo airline at Al Maktoum International Airport, its main hub. In recent period, the problems statement  are widely used by the firms to allow the management execute the improvement process or identify the loopholes that are effecting the overall performance or profitability of the company. Amazing Business Data Maps. Marking out the protagonist and key players in the case study from the very start. You should try to understand not only the organization but also the industry which the business operates in. Drawing a motivation chart of the key players and their priorities from the case study description. SWOT analysis is a process that include four areas that are further divided into two dimensions i.e.