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Презентация на тему Easyjet

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ContentINTRODUCTIONeasyGroupSBUseasyJet - easyJet in United Kingdom Vision Mission Cultural
Easyjet Module Number: BS 3190Course Title: Strategic Management in the Hospitality Industry ContentINTRODUCTIONeasyGroupSBUseasyJet - easyJet in United Kingdom ContentANALYSISPESTEL Analysis          Key INTRODUCTIONEasyGroupFounded by Mr SteliosLicensing the easy-branded Invest in potential easy-branded businessParticipate in start-up operations(easyGroup, 2015) INTRODUCTION(easyGroup, 2015)(easyGym, 2015)(easyHotel, 2015)SBUs(easyCar, 2015) INTRODUCTIONVision “To develop Europe’s leading value brand into a global force.”Mission “By INTRODUCTION   Cultural Analysis    Value(easyJet, 2015) Human Factors INTRODUCTION BeliefOpen culture		Effective communications DiversityBehaviourSimplicityParadigmSafety first		See from customers’ point of viewA big INTRODUCTION  Strategic Purpose  The Governance Chain - Organizational Chart(easyJet 2015) INTRODUCTIONStrategic PurposeSocial Responsibility - Triple Bottom LineDonation to UNICEFMinimize environmental impacts - INTRODUCTIONStrategic Drift - easyJet History1995 by Sir Stelios Haji-Ioannou and started first INTRODUCTIONStrategic Drift - easyJet History2002 Sir Stelios Haji-Ioannou stand down as Chairman INTRODUCTIONAim & Objectives of ResearchTo analyse the various approaches to strategic planning ANALYSISPESTEL(Milmo 2011)(Myers 2014)(4-traders 2014)(EU Business 2015)(Eurocontrol 2015)(TMI 2015)(Digital strategy consulting project 2015) ANALYSISPESTELPoliticalAir Passenger Duty Tax (APD)Facts: The rise of APD reduced considerable number ANALYSISPESTELEconomicalEuroFacts: it turns weaker and boosts easyJet earnings (EU Business 2015).Actions: Enforcement ANALYSISPESTELSocialPreference into cheap priceFacts: Business and leisure travellers have growing demand in ANALYSISPESTELTechnologicalCellular utilisationFacts: Mobile booking is becoming more essential (Travel Management Institution 2015).Actions: ANALYSISPESTELEnvironmental Reduce carbon emissionFacts: Reduce the emission of carbon of 20% by ANALYSISPESTELLegalTax DutyFacts: UK government implemented Fiscal policy to increase tax duties.Actions: EasyJet ANALYSISPESTELScenarios Investment in environmental protection.Ecological reputation gaining.Sustainable development which is trendy in ANALYSISPESTELScenarios ANALYSISPorter’s 5 ForcesAttractive for investment activities! ANALYSISPorter’s 5 ForcesThreat of new entrants: LowReasons:Strict entry regulation (CAA 2015)Diseconomies of ANALYSISPorter’s 5 ForcesThe Power of Buyers: HighReasons:Customer demandsBarriers:  Differentiation Lock-In of ANALYSISPorter’s 5 ForcesThreat of substitute: LowReason:Alternative TransportBarriers:Natural DisasterExpensive substitute productInferior quality substitute Strategic Capabilities SWOT AnalysisInternal Environment (CAPA 2013)(Buesinessteacher 2015) SWOT AnalysisExternal Environment(CAPA 2013) Conclusion Significant Amount of SBU’sSmart Marketing and Low-cost PricingPESTEL Analysis (low oil RecommendationInvestment in new technologiesImprove strategyImprove the SBU’sEnter new market (competition low)Different brand Questions and Answers BUSINESS TEACHER., 2012. SWOT analysis easyJet. [online]. Luton: EasyJet. McCall, C., 2007. Executive management team. [online]. Luton: EasyJet.
Слайды презентации

Слайд 2 Content
INTRODUCTION
easyGroup
SBUs
easyJet - easyJet in United Kingdom

ContentINTRODUCTIONeasyGroupSBUseasyJet - easyJet in United Kingdom     Vision

Vision

Mission
Cultural Analysis
Strategic Purpose
The Governance Chain - Organizational Chart
Social Responsibility - Triple Bottom Line
Strategic Drift
4. Aim and Objectives of research




Слайд 3 Content
ANALYSIS
PESTEL Analysis

ContentANALYSISPESTEL Analysis     Key Drivers

Key Drivers

Scenarios
Evaluation
Porter’s 5 Forces Analysis
Evaluation
Strategic Capabilities Analysis
SWOT and TOWS Matrix
CONCLUSION
Recommendations
Q & A

Слайд 4

INTRODUCTION

EasyGroup
Founded by Mr Stelios
Licensing the easy-branded
Invest in

INTRODUCTIONEasyGroupFounded by Mr SteliosLicensing the easy-branded Invest in potential easy-branded businessParticipate in start-up operations(easyGroup, 2015)

potential easy-branded business
Participate in start-up operations

(easyGroup, 2015)


Слайд 5 INTRODUCTION

(easyGroup, 2015)
(easyGym, 2015)
(easyHotel, 2015)
SBUs
(easyCar, 2015)

INTRODUCTION(easyGroup, 2015)(easyGym, 2015)(easyHotel, 2015)SBUs(easyCar, 2015)

Слайд 6 INTRODUCTION

Vision “To develop Europe’s leading value brand into a

INTRODUCTIONVision “To develop Europe’s leading value brand into a global force.”Mission

global force.”
Mission “By managing and expanding Europe’s leading value brand

to more products and services, while creating wealth for all stakeholders.” (easyGroup, 2015)

Слайд 7 INTRODUCTION

Cultural Analysis

INTRODUCTION  Cultural Analysis  Value(easyJet, 2015) Human Factors Monitoring Programme

Value




(easyJet, 2015)
Human Factors Monitoring Programme

(easyJet, 2015)

No meals or drinks included Direct distribution channel (Aladari and Fagan, 2005)

Orange Spirit Award (easyJet, 2015)

“easyJet people are passionate about working as one team” (Mccall, 2015)

Development of Ecojet (easyJet, 2015)

Customer satisfaction survey (easyJet, 2015)


Слайд 8 INTRODUCTION
Belief
Open culture
Effective communications
Diversity
Behaviour
Simplicity
Paradigm
Safety first
See from customers’ point

INTRODUCTION BeliefOpen culture		Effective communications DiversityBehaviourSimplicityParadigmSafety first		See from customers’ point of viewA

of view
A big smile
Make it easy
Open and upfront





(easyJet

2015)

Слайд 9 INTRODUCTION

Strategic Purpose
The Governance Chain

INTRODUCTION Strategic Purpose The Governance Chain - Organizational Chart(easyJet 2015)

- Organizational Chart




(easyJet 2015)


Слайд 10 INTRODUCTION

Strategic Purpose
Social Responsibility - Triple Bottom Line
Donation to

INTRODUCTIONStrategic PurposeSocial Responsibility - Triple Bottom LineDonation to UNICEFMinimize environmental impacts

UNICEF
Minimize environmental impacts - gas emission reduction
Response to customer

demands

Слайд 11 INTRODUCTION

Strategic Drift - easyJet History
1995 by Sir Stelios

INTRODUCTIONStrategic Drift - easyJet History1995 by Sir Stelios Haji-Ioannou and started

Haji-Ioannou and started first flights between Luton and Scotland.
1996

operated its first wholly owned aircraft and started first European route to Amsterdam then to Barcelona and Nice.
1997 opened a new UK base at Liverpool.
1998 ordered 15 new Boeing 737-700 aircrafts and launched its online bookings.
1999 the very first screening of ITV’s fly-on-the -wall documentary ‘Airline,’ which brought the airline’s operations to millions of UK viewers every week.
2000 easyJet’s flotation on the London Stock exchange at an offer price of 310p, valuing the Company at £777m. Shortly after, easyJet joins the FTSE 250 list of companies.
2001 London Gatwick became easyJet’s fifth base.



Слайд 12 INTRODUCTION
Strategic Drift - easyJet History
2002 Sir Stelios Haji-Ioannou

INTRODUCTIONStrategic Drift - easyJet History2002 Sir Stelios Haji-Ioannou stand down as

stand down as Chairman but was maintaining as a

shareholder. easyJet merged with low cost airline "Go" (which had originally been set up by British Airways) to create Europe’s number one air transport network.
2004 easyJet became the first airline to take advantage of the newly-enlarged European Union by starting flights to Hungary and Slovenia.
2005 easyJet took delivery of its 100th aircraft.
2007 new headquarters opened at London Luton Airport.
2008 the airline completed its acquisition of GB Airways, a London Gatwick-based airline operating to destinations across Southern Europe and North Africa.



Слайд 13 INTRODUCTION

Aim & Objectives of Research
To analyse the various

INTRODUCTIONAim & Objectives of ResearchTo analyse the various approaches to strategic

approaches to strategic planning and activities of easyJet.
To examine

the external environment by using PESTEL Analysis.
To analyze the company’s attractiveness for investment by using Porter’s 5 Forces.
To identify how Easyjet reached competitive advantage by using strategic capabilities, SWOT and TOWS Matrix.
...and to propose recommendation by summing up all the results.

Слайд 14 ANALYSIS
PESTEL
(Milmo 2011)
(Myers 2014)


(4-traders 2014)
(EU Business 2015)
(Eurocontrol 2015)

(TMI 2015)
(Digital

ANALYSISPESTEL(Milmo 2011)(Myers 2014)(4-traders 2014)(EU Business 2015)(Eurocontrol 2015)(TMI 2015)(Digital strategy consulting project 2015)

strategy consulting project 2015)


Слайд 15 ANALYSIS
PESTEL
Political
Air Passenger Duty Tax (APD)
Facts: The rise of

ANALYSISPESTELPoliticalAir Passenger Duty Tax (APD)Facts: The rise of APD reduced considerable

APD reduced considerable number of UK airline passengers and

shortage the tourist income (Milmo 2011).
Action: Taxation per-plane were not allowed, it had to be splitted into four bands (Milmo 2011).
Terrorism
Facts: Threat of bomb easyJet and British Airways flight (Myers 2014)
Action: Cooperation with the National Counter Terrorism Security Office (NaCTSO)

Слайд 16 ANALYSIS
PESTEL
Economical
Euro
Facts: it turns weaker and boosts easyJet earnings

ANALYSISPESTELEconomicalEuroFacts: it turns weaker and boosts easyJet earnings (EU Business 2015).Actions:

(EU Business 2015).
Actions: Enforcement operations for big potential amount

of customer from 2015.
Inflation and Oil prices
Facts: Rise of oil prices due to inflation (4-traders 2014).
Actions: "We have bought 78% of our fuel until the end of September 2015 and 52% for the following 12 months so oil price fluctuations don't have an effect on that proportion of fuel." (4-traders 2014).



Слайд 17 ANALYSIS
PESTEL
Social
Preference into cheap price
Facts: Business and leisure travellers

ANALYSISPESTELSocialPreference into cheap priceFacts: Business and leisure travellers have growing demand

have growing demand in cheap air travel (Eurocontrol 2015)
Actions:

To respond the market demand of travellers, EasyJet targets on both business and leisure passengers.

Lifestyle
Facts: Customers lifestyle will decide if the customer will travel by plane, coach, train.
Actions: It can affect all the strategy of the company, if the customer decides go by another way of transportation.


Слайд 18 ANALYSIS
PESTEL
Technological
Cellular utilisation
Facts: Mobile booking is becoming more essential

ANALYSISPESTELTechnologicalCellular utilisationFacts: Mobile booking is becoming more essential (Travel Management Institution

(Travel Management Institution 2015).
Actions: “EasyJet application” for smartphone bookings

service.

Development of networking
Facts: Customers purchase the products or services after receiving the advertisement email (Digital strategy consulting project 2015).
Actions: EasyJet will send the same email to every European customers on every Friday with different languages.

Слайд 19 ANALYSIS
PESTEL
Environmental
Reduce carbon emission
Facts: Reduce the emission of

ANALYSISPESTELEnvironmental Reduce carbon emissionFacts: Reduce the emission of carbon of 20%

carbon of 20% by 2020.
Actions: EasyJet follows the rules

for the environmental regulation and they introduced a program called Carbon Emission.

Utilisation of ecological products
Facts: Recycling the edible products and pet bottles.
Actions: EasyJet recycles all type of waste what is possible to reduce the pollution.

Слайд 20 ANALYSIS
PESTEL
Legal
Tax Duty
Facts: UK government implemented Fiscal policy to

ANALYSISPESTELLegalTax DutyFacts: UK government implemented Fiscal policy to increase tax duties.Actions:

increase tax duties.
Actions: EasyJet suffers from a significant decrease

in profit in 2007 after the implementation of Fiscal policy (EasyJet Plc Annual report 2007)

Environmental preservation
Facts: United Nation certified emission reduction project.
Actions: easyJet has invested in installation of new lightweight seats, sharklets to increase fuel efficiency.

Слайд 21 ANALYSIS
PESTEL
Scenarios
Investment in environmental protection.

Ecological reputation gaining.

Sustainable development

ANALYSISPESTELScenarios Investment in environmental protection.Ecological reputation gaining.Sustainable development which is trendy

which is trendy in business is allowed.

Investing in new

technology

New energy needed, ecoJet-nuclear.

Sustainability training needed.

Rise of airfare.

Open more flight destinations.

Offer more short airways

Lower price and more promotions

Lack of environmental perceptions.

More long airway offers.

Cheap energy is used.

Highly cause pollution.




-Lenient environmental regulation

-Low oil price

+High oil price


+Strict environmental regulation


Слайд 22 ANALYSIS
PESTEL
Scenarios

ANALYSISPESTELScenarios

Слайд 23 ANALYSIS
Porter’s 5 Forces
Attractive for investment activities!

ANALYSISPorter’s 5 ForcesAttractive for investment activities!

Слайд 24 ANALYSIS
Porter’s 5 Forces
Threat of new entrants: Low
Reasons:
Strict entry

ANALYSISPorter’s 5 ForcesThreat of new entrants: LowReasons:Strict entry regulation (CAA 2015)Diseconomies

regulation (CAA 2015)
Diseconomies of scale (Hurdle et al. 1989)
Weak

distribution channel (Kangis and Reilly 1998)
Barriers:
Economies of scale (Hurdle et al. 1989)
Strong reputation and history (Carolyn McCall 2010)
Mature pricing strategy system (Carolyn McCall 2012)




Слайд 25 ANALYSIS
Porter’s 5 Forces
The Power of Buyers: High
Reasons:
Customer demands
Barriers:

ANALYSISPorter’s 5 ForcesThe Power of Buyers: HighReasons:Customer demandsBarriers: Differentiation Lock-In of

Differentiation
Lock-In of added service/product
Contracts (Siebert 2012

and Taylor 2014)

The Power of Suppliers: High
Reason:
Economical power (Clarke and Chen 2007)
Barriers:
Backward vertical integration (AJW Group 2015)
Investment in new resources (Dugdale 2007)
Patents



Слайд 26 ANALYSIS
Porter’s 5 Forces
Threat of substitute: Low
Reason:
Alternative Transport
Barriers:
Natural Disaster
Expensive

ANALYSISPorter’s 5 ForcesThreat of substitute: LowReason:Alternative TransportBarriers:Natural DisasterExpensive substitute productInferior quality

substitute product
Inferior quality substitute product

Degree of Rivalry: Low
Reason:
Low competition
Barriers:
High

market growth
Strong brand identity
High cost values in aviation industry




Слайд 27 Strategic Capabilities

Strategic Capabilities

Слайд 28 SWOT Analysis
Internal Environment
(CAPA 2013)
(Buesinessteacher 2015)

SWOT AnalysisInternal Environment (CAPA 2013)(Buesinessteacher 2015)

Слайд 29 SWOT Analysis
External Environment
(CAPA 2013)

SWOT AnalysisExternal Environment(CAPA 2013)

Слайд 31 Conclusion
Significant Amount of SBU’s
Smart Marketing and Low-cost

Conclusion Significant Amount of SBU’sSmart Marketing and Low-cost PricingPESTEL Analysis (low

Pricing
PESTEL Analysis (low oil price going with strict environmental

regulations)
SWOT analysis (strategic capabilities,numerous advantages comparing to competition)
Triple Bottom Line (sustainable development in long-term period)

Слайд 32 Recommendation
Investment in new technologies
Improve strategy
Improve the SBU’s
Enter new

RecommendationInvestment in new technologiesImprove strategyImprove the SBU’sEnter new market (competition low)Different brand

market (competition low)
Different brand


Слайд 33 Questions and Answers

Questions and Answers

Слайд 34 BUSINESS TEACHER., 2012. SWOT analysis

BUSINESS TEACHER., 2012. SWOT analysis easyJet. [online]. Luton: EasyJet.

easyJet. [online]. Luton: EasyJet. Available from: http://www.businessteacher.org.uk/guides/business/swot/swot-analysis-of-easyjet.php. [accessed 28

April 2015].
CAPA., 2013. EasyJet SWOT analysis - Is Sir Stelios strength, weakness, opportunity and threat all in one. [online]. Luton: EasyJet. Available from: http://centreforaviation.com/analysis/easyjet-swot-analysis---is-stelios-strength-weakness-opportunity-and-threat-all-in-one-96290 [accessed 30 April 2015]. EASYHOTEL., 2009. View our hotel rooms. [online]. Luton: EasyJet. Available from: http://www.easyhotel.com/gallery/#switzerland [Accessed 1 May 2015].
EASYJET., 2015. EASYJET’S CARBON EMISSIONS. [online]. Luton: EasyJet. Available from: http://corporate.easyjet.com/corporate-responsibility/our-environment/easyJets-carbon-emissions.aspx?sc_lang=en. [accessed 27 April 2015.]
EASYJET., 2014. Our Culture, Vision & Values. [online]. Luton: EasyJet. Available from: https://careers.easyjet.com/why-easyjet/culture-vision-and-value/. [Accessed 29 April 2015].
EASYJET., 2008. Spirit Awards. [online]. Luton: EasyJet. Available from: http://www.easyjet.com/en/spirit [Accessed 1 May 2015]. EASYJET, 2008. UNICEF change for good. [online]. Luton: EasyJet. Available from: http://corporate.easyjet.com/corporate-responsibility/community-and-charitable-activities/unicef-change-for-good.aspx?sc_lang=en [Accessed 2 May 2015].






References:


Слайд 35
McCall, C., 2007. Executive management

McCall, C., 2007. Executive management team. [online]. Luton: EasyJet.

team. [online]. Luton: EasyJet. Available from: http://corporate.easyjet.com/about-easyjet/our-management/executive-management-team.aspx?sc_lang=en. [accessed 1 May

2015].
MCCALL, C., 2011. HIGH PERFORMANCE CULTURE. [online]. Luton: EasyJet. Available: http://corporate.easyjet.com/corporate-responsibility/our-people/high-performance-culture.aspx?sc_lang=en. [Accessed 2 May 2015].
MCCALL, C., 2012. IMPROVING CUSTOMER EXPERIENCE. [online]. Luton: EasyJet. Available from: http://corporate.easyjet.com/corporate-responsibility/our-customers/improving-customer-experience.aspx?sc_lang=en [Accessed 1 May 2015].
MCCALL, C., 2009. Join the next generation of easyJet people. [online]. Luton: EasyJet. Available from: https://careers.easyjet.com/ [Accessed 28 April 2015]
MCCALL, C., 2009. REDUCING FATIGUE RISK. [online]. Luton: EasyJet. Available from: http://corporate.easyjet.com/corporate-responsibility/safety-first/reducing-fatigue-risk.aspx?sc_lang=en [Accessed 28 April 2015].
MCCALL, C., 2009. WE ARE COMMITTED TO CORPORATE RESPONSIBILITY. [online]. Luton: EasyJet. Available from: http://corporate.easyjet.com/corporate-responsibility.aspx?sc_lang=en [Accessed 28 April 2015].
SHACKLETON, R., 2011. About us. [online]. Luton: EasyJet. Available from: http://www.easy.com/about-us.html [Accessed 3 May 2015].






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