Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution and Analysis
Introduction
Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution is the largest publishing business with a highest market share in the China's book retail market. CMP has become a specialized details supplier and a large comprehensive Science and Innovation publishing company through the combination of print media, audio-visual media and the network media.
Critical Problems
Although, Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Help has actually invested its 60 years journey efficiently, being a successful publishing house, nevertheless, the changing macro market patterns and forces bring certain obstacles to the publishing industry in basic and CMP in specific. These aspects include;
• Entrance of the new publishing companies in the market.
• Declining development of the publishing market.
• Market saturation.
• Introduction of digital publishing methods
• Enhancement of science and technology.
The improvement of the macro markets have raised numerous concerns to the management at CPM that what could be the future of CMP in this circumstance? Do the long important experience, technical resources and the capabilities of the company could be made use of to pursue the future development unceasingly? How could the company sustain its long term competitive position in future?
Situational Analysis
Internal Analysis
SWOT Analysis
Strengths
Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution has particular strengths that can be used to lower the hazards, conquer the weakness and get the opportunities. Strengths of CMP are given as follows;
• The long term experience of Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution in the publishing market i.e. 60 years allows the company to provide high quality products at a lower expense using its prior experiences.
• The technical resources and capabilities produced by its successful journey offer a competitive advantage to CMP.
• Large product portfolioof CMP helps it to diversify its threat and provide high value to its consumers.
• Strong financial position allows the company to think about numerous development opportunities with no worry of raising fund externally.
Weaknesses
Together with the strengths, the business has certain weaknesses which could increase restrictions for the business in executing its development program. The weaknesses of Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Help are provided as follows;
• Despite of being a science and innovation publishing company, the company still has traditional ways ofpublishing which are not suitable with the growing technological shift.
• CMP extremely relies over the Chinese markets for its development. It needs to propose certain expansion strategies to avoid its reliance over the Chinese markets to achieve long term development.
Opportunities
Although, the growth of the publishing market is declining since 2008, affecting Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Analysis too, however the growth could be revived by availing specific chances presented in the market. The market chances for CMP include;
• The company might likewise present Digital Publishing by using its long term technical experience and a strong customer acknowledgment in the market.
• CMP could consider an advancement program through the expansion towards foreign markets in order to decrease its reliance over Chinese markets by using its large funds.
Threats
The changing macro trends in the market and increasing competitors in the publishing market has actually presented specific dangers to Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Analysis including;( Gurel, 2017).
• Intro of digital publishing i.e. digital libraries could result in declining market share of Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Analysis due to the customer shift towards digital libraries.
• The presence of a great deal of competitors in the publishing industry increase the danger for CMP to lose its competitive position in the market, as competitors can gain a strong customer base by utilizing particular methods like aggressive promotion, quality products, etc.
• Entrance of new publishing companies in the industry together with presence of high competitors increases the danger of losing the client base.
Monetary Analysis.
The business has a rather competitive monetary performance. Due to lack of information, the financial ratios of CMP might not be calculated. The general monetary performance of the business could be examined by utilizing the charts provided in the case Appendices. It might be evaluated from the Appendix III that the yearly overall incomes of CMP during the duration 2000-2012 are growing at a high development rate, revealing that the yearly demand of the products of Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Help is growing and the business is rather efficient in drawing in a a great deal of consumers at a prospective price.
Together with it, the 2nd chart which reveals the yearly growth in the Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Analysis overall properties, shows that the company is quite efficient in adding value to its assets through its revenues. The development in properties shows that the overall value of the firm is also increasing with increasing the total profits. (Unidentified, 2013).
Another financial analysis of the company using the offered data might be the analysis regarding the distribution of overall revenues of the company. Major part of the earnings of CMP comes from the sales of its released books i.e. 64% as shown in the Case Appendix V. The company could move towards other company sectors with a possible development to achieve its future development goal.
PESTEL Analysis
PESTEL analysis might be carried out to discover the various external forces affecting the performance of the company and the current patterns in the external environment of the business. A short PESTEL analysis of the company is offered as follows; (Alanzi, 2018).
Political.
As the publishing sector might have a significant influence on the frame of mind of individuals about the communist ideology of the government, therefore, the publishing sector is extremely monitored and assisted by the Promotion Department of the Communist Party of China. It could be said that the total political forces impacting CMP organisation are high. The federal government policies regarding the publishing sector are also increasing with the passage of time.
Cost-effective.
Financial forces impacting the publishing sector in general and the Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution in specific includesthe prices of paper, the earnings level of customers, the inflation rate, and the general GDP development of the country. All these forces integrate effect the need for the publishing market. Together with it, the financial policies associated with the import of books affect the overall organisation at CPM. However, China's economic conditions are rather favorable for CMP with high GDP development and customer income level.
Social and Demographical.
Social and demographical forces consist of the population development, the customer's preferences towards checking out informative products etc. China has the greatest population in the world with a high population growth, revealing the increasing number of customers of the Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Help. However, the consumer choices are shifting towards digital publishing rather than the standard was of publishing. In this regard, CMP ought to focus on digital publishing to fulfill the altering customer choices.
Technological.
Technological forces impacting the CMP include the technological advancement in the reading methods and so on. Enhancement of science and innovation in addition to the rise of digital publishing might minimize the demand for the CMP items, if specific actions would not be taken quickly.
Environmental.
Ecological forces affecting Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution consists of the concerns of environmental communities over the usage of paper in publishing books. The paper utilized in the books while publishing is required to be non reusable and the ink utilized while publishing should not be hazardous for the environment.
Legal.
Legal policies for the publishing sector at whole are high. Publishing Regulation 1997 requires the publishers to be approved initially by the Federal government to be gone into in the publishing market.
Industry Analysis (Porter's 5 Forces Design).
Porter's 5 Forces Model could be used to analyze the beauty of the publishing industry China. A short analysis of the Porter's Five Forces is offered as follows;.
Danger of New Entrants.
Hazards of brand-new entrants in the Chinese Publishing Industry is moderate. The possible development in the industry tends to bring in new entrants to the publishing industry. The presence of extreme competitors and the requirement of big capital tends to demotivate new entrants to enter in the market.
Danger of Substitution.
Threat of Replacement is high for the Chinese Publishing Industry. The alternative items for the published documents is the files presented in the virtual libraries on certain sites. The altering consumer choices towards digital learning increase the danger of replacement for the market.
Competitive Rivalry.
Competitive rivalry in the publishing industry is high. The existence of a great deal of customers in the Chinese Publishing Market like CIP, PTP and so on tends to produce high competitive competition for CMP. In addition to it, brand-new entrants are likewise entering into the marketplace increasing the competitors for CMP.
Bargaining Power of Provider.
The major suppliers of the Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Solution include the suppliers of the paper for publishing files. As CMP is the biggest publisher in the Chinese Publishing Market, for that reason the total bargaining power of supplier for CMP is low.
Bargaining Power of Buyer.
Bargaining power of purchaser in the publishing industry is high. Due to the presence of a a great deal of publishers in the Chinese market and the market saturation, the purchasers needs high quality files at competitive prices.
Competitors Analysis.
CMP operates in an extremely competitive market with the presence of large number of rivals. However, the business has a competitive position in the market with the greatest market share in the Chinese publishing market. Major competitors of Give Me A Break The Role Of Work Breaks In The Quest For Optimal Productivity Case Study Analysis include;.
• Chemical Market Press (CIP).
• Posts and telecommunication Press (PTP).
Chemical Market Press (CIP).
CIP acts as a hazard for CMP as it could wean its market share due to its long term competitive background. CIP is focused on digital publishing and might wean the market share of CMP easily in the present market scenario.
Posts and telecommunication Press (PTP).
Another close competitor of CMP is PTP. It was also established in the same period as CMP and CIP. It ranks sixth in the state-owned publishers in regards to service scale. It is also one of the popular gamers in the publishing industry with a yearly total incomes of RMB 550 million in 2010.
Alternatives
Alternative-1: Broaden towards New Markets
Pros
• Reducing dependence over the Chinese markets.
• Increasing number of Customers
• Development chances.
• Avoiding the impact of market saturation in the Chinese publishing industry.
Cons
• Usage of possible resources in growth.
• Danger of failure in brand-new markets.
• Time consuming.
Alernative-2: Present Digital Publishing
Pros
• Sustaining customer base.
• Approaching new markets.
• Easy to present utilizing present capabilities.
• Low risk of Failure.
• Low requirement for funds.
• Increased item portfolio supplies high worth to clients.
Cons
• Competitors in the market by CIP, who has prior concentrate on the digital publishing.
• Shift of focus from the core service sections to the brand-new one can lead the company to lose demand of its products in the market.
Suggestions
With the deep analysis of the internal and external environment of the business together with the market analysis and the competitor analysis, Alternative 2 is suggested to CMP to achieve its future development. As the preferences are shifting towards digital publishing and the business need an instant solution to prevent the decreasing market development. Intro of digital publishing could prove to be an instant option with low amount of danger for the company. Nevertheless, the business might also consider the expansion program after the success of its digital publishing program.
Execution
In order to present digital publishing in its product portfolio, the company should initially collects the information related to the customer demand, the possible markets, the federal government policies and the data related to the competitors presented in the market. If the preliminary offering shows a success, the company ought to go for the other markets. In this method the company would be able to execute its digital publishing program.
Conclusion
Although, the development of the publishing industry is decreasing because 2008, revealing a hazard to the company's long term existence, but the situation can be controlled by thinking about an advancement plan in the future. The company could think about introducing digital publishingin its existing market to execute its development program at instant basis and to avoid the risk of failure for entrance in the new markets.
