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Fantastic 5

Executive Presentation

Executive Presentation

Fantastic 5

OGL355: Leading Organizational Innovation and Change

Dr. Brent Scholar

Date April 22, 2018

Arizona State University

Agenda

  • The Dyson Organization
  • Competitive Advantage
  • SWOT Analysis
  • Environmental Analysis
  • Going Global
  • Conclusion
  • Fantasic 5 Recommendations

Agenda

Dyson

The Organization

Founded in 1991 by James Dyson, Dyson Ltd. is a privately held company that has become one of the world's leading designers and manufacturers of vacuum cleaners, air purifiers, hairdryers, and other tools and home appliances

(Company Overview of Dyson Ltd.,2018).

"Having an idea for doing something better and making it happen - even though it appears impossible. That's still my dream" (Dyson, n.d.).

James Dyson

Founder & Chief Engineer

Mission

Structure

Dyson's Operating Companies

  • Floor-Care Company
  • R&D Company
  • International Sales Company
  • Two Companies for New Products

Dyson's Group Services

  • Legal
  • Patenting
  • Human Resources
  • Marketing

(Gottlieb, 2004)

Leadership

Environmental Analysis

Environmental Analysis

  • Maintains 14% market share for vacuums

  • LOW threat of new entrants

  • HIGH threat level for product substitutes

  • Target Market
  • Middle and upper class income earners
  • >24 years of age

S.W.O.T.

S.W.O.T.

Competitive Advantage

Competitive Advantage

  • Solving the problems others ignore

  • Heavy investment in R&D

  • Patented designs and technoloy

  • Commitment to corporate social responsibility

Going Global

Going Global

  • Expansion into China
  • Rise of new middle class
  • Demand for high quality designer goods
  • 1% nationwide vacuum ownership
  • Opportunity to establish foreign subsidiary

Conclusion

Conclusion

  • Continue to embrace innovative and "wrong thinking"

  • Multiple strengths and opportunities to offset weaknesses and external threats

  • Continue focus on curent target market

  • Expansion into China with new cultural sensitivity and innovative marketing strategy

Recommendations

Recommendations-Recap

Environmental Analysis:

SWOT:

Organizational Structure:

This team recommends that Dyson continues to look for ways to lower production costs from the factories to the offices in order to reach a higher profit margin. Dyson would also do well to delve into social media to make sure that the reputation is transferred to the younger generations as they continue to earn more income and settle down.

While Dyson’s current structure seems to be working quite well, it is recommended that the organization hire an outside consultant for an outside perspective of the organization. This kind of third-party, outsider view, should be beneficial to an organization that might otherwise be stuck in a bubble and unable to see obvious inefficiencies and behavior.

It is recommended that Dyson use their opportunity of expansion into Chinese markets in order to generate more revenue to offset the weaknesses of high costs of R&D and to decrease the threat to lack of differentiation. Dyson should also utilize its strengths of innovation and design by harnessing the James Dyson Foundation to cultivate and recruit the brightest minds in order to maintain a global competitive advantage (Dyson, n.d.).

Going Global:

Competitive Advantage:

It is recommended that extra care and training should be taken to facilitate cross cultural communication and a special team is developed to handle cultural integration and inclusion for both employees and consumers.

Our team recommends that the Dyson organization maintain their competitive advantage and commitment to social responsibility by continuing to develop products and technologies with minimal environmental impact, and ethical business partnerships.

References

Bacon, J. (2012, November 21). Cleaning up all over the world. Retrieved from: https://www.marketingweek.com/2012/11/21/cleaning-up-all-over-the-world/

Company Overview of Dyson Ltd. (2018 April 16). Retrieved from:

https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=6462150

Gottlieb, M. (2004 December 22). Dyson: Conventional Wisdom Be Damned. Retrieved

from:http://www.industryweek.com/companies-amp-executives/conventional-wisdom-be-damned

Hutton, L. (2015 February 25). Featured Business Leader: James Dyson. Retrieved

from: http://www.aib.edu.au/blog/business-leaders/featured-business-leader-james-dyson/

J.D. Power. (2017, May 17). Vacuum Manufacturers Clean Up in Customer

Satisfaction, J.D. Power Finds. [Press Release]. Retrieved from: http://www.jdpower.com/press-releases/jd-power-2017-vacuum-satisfaction-study

Roberts, J., Dunn, B., T., & D. (2015, January 29). What vacuum cleaners are most

popular in US households in 2015. Retrieved March 21, 2018, from https://www.vacuumsguide.com/vacuum-cleaners-used-2015-extensive-roundup/

Schweitzer, S. (2017, April 5) 5 culture tips for successful negotiations in China The Huffington Post. Retrieved from: https://www.huffingtonpost.com/entry/5-culture-tips-for-successful-negotiation-in-china_us_58e4e890e4b09deecf0e1c02

References

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