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Herman Miller Inc.: An Ongoing Case of Reinvention and Rene

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by

Nikki Beane

on 9 April 2014

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Transcript of Herman Miller Inc.: An Ongoing Case of Reinvention and Rene

Case 25: Herman Miller Inc.
An Ongoing Case of
Reinvention and Renewal

History
SWOT
Recommendations
Key Success Factors
Culture
Green Initiatives
Design
Production
Operations
Strengths
Weaknesses
Opportunities
Threats
Certified Pre-Owned HM
HEMP
3D
Questions?
Living Office
Nicole Beane
Jacob Cormier
Dylan Gillis
Cheyanne Wone
1980-Today
1905
1905 - 1949
1950 - 1979
Today
Porters 5 Forces
Bargaining Power of Suppliers
Bargaining Power of Customers
Large volume purchases by small to large business's
Substitutes are readily available
Affluent customer base
Threat of Substitute products
Other company's such as Haworth, Steelcase, HNI corp. offer similar substitutable products.
Threat of new entrants
Low threat
Well established respected brand
Operating for over 100 years
Top quality
Mass production capabilities eliminate competition
Competitive Rivalry within the industry
Competitive Industry: Hawthorne, Steelcase, HNI Corp.
Volatile Industry
Economy
Cheaper alternatives
Businesses now operating mobile or from home
Cost of Raw Materials
PESTEL
Political
Economical
Technical
Social
Low
because although raw materials are finite in global perspective, there are still ample alternatives at this point in time.
Plastics, wood, stone, synthetic composites
People are important , not furniture
Legal
8% is owned by employees
Environmental
Full transcript