Tutor Quora

PM303 Strategic Management

Academic Anxiety?

Get an original paper within hours and nail the task

156 experts online

Free Samples

PM303 Strategic Management

.cms-body-content table{width:100%!important;} #subhidecontent{ position: relative;
overflow-x: auto;
width: 100%;}

PM303 Strategic Management

0 Download13 Pages / 3,081 Words

Course Code: PM303
University: Greenwich School Of Management

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom


Assignment Task:
You have been appointed to a senior management position with a major firm, within your chosen sector/industry. You are aware that the firm lacks focused strategic management & planning. Therefore, for this project your task is to write a report to the board on what opportunities lie for the firm internationally that will allow them to create competitive advantage.
For your firm, you are to:

Provide a company background on your chosen firm, e.g. its market, customers, position relating to the market/competition, profits/sales. (Max 1page – not included in the word count).

Section 1: Undertake a critically evaluated strategic audit, usingappropriate models & frameworks, of the firm’s existing strategy in relation to its ability to exploit new global opportunities to create a more competitive advantage.

Section 2: Present your findingsvia a SWOT analysis.

Section 3: Finally, make recommendations with justification, for a 3-yearstrategic plan & investment to grow the company internationally.


Strategic management is the process by which any company organise plan and formulate policies to achieve the objectives of the organisation. Management of organisations over the years use a number of theories and models which has been developed by scholars to incorporate them in the decision making process of the company (Bah and Fang 2015). Setting objectives for the business is also a part of the strategic management and achieving these objectives connotes the success or failure of the company organisation (Senge 2014). Based on these set of objectives a business organisation take decisions and with help of management concepts and models. In this assignment strategic audit will be conducted upon Cheval group of companies. The assignment will focus on providing strategic recommendations based on the analysis in order to understand the opportunities it has towards the global expansion. The area of expansion that the company will try to expand is Belgium. Following are some of the reason why this country is chosen for international expansion: first of all the strategic geographic position, there are facilities of high quality in terms of the availability of logistics and telecommunications infrastructure, there is a very highly skilled labour force (Santandertrade.com 2018). On the other hand the company has some of its distribution of services in the country.
Section 1: Strategic Audit 
External Analysis 
Analysing the external business environment of the company will provide an insight of the opportunities the company have in terms of aspects such as government support, economic condition, requirement of the society etc (Bah and Fang 2015). The PEST analysis will help in understanding these opportunities that the company have in terms of expanding the business in Belgium (Gupta 2013). The external environment of any organisation has to be analysed and monitored as the dynamics of these elements are not under the control of the management. The analysis will help in understanding the opportunities as well as the threats (Ho 2014). 
PEST Analysis 
Political: Belgium has a constitutional monarch, the King is the head of the state and the prime Minister leads the government. The government of Belgium encourages trade and commerce in the country as well as have good trade relations with the UK government allowing investors opportunity in the country (Santandertrade.com 2018).  There is a bilateral relation in between the country in terms of import and export of goods and services. Due to Brexit there has been uncertainty in the trade relations but, the scope of business expansion still remains. Not only that the government of the country has set up infrastructure for more investment in the country. The introduction of the notional interest by the Government is an initiative to encourage trade (State.gov 2018). With the help of this measure companies subject to Belgian corporate tax in the case of long-term debt financing, will have the provision to subtract their taxable income an amount equal to the interest they would have paid on their capital (Santandertrade.com 2018). The current center-right government of Belgium ensures one key economic policies, which is to make the country more attractive for foreign investment (State.gov 2018).
Economy: Belgium is one of the developed economies in the international platform, and the country has seen a growth trend in development after facing adverse impact of the global depression.  It country enjoys an open economy which is characterised by high foreign investment (Santandertrade.com 2018).
Figure: FDI of past three years
Source: (Santandertrade.com 2018)
The GDP of Belgium is recorded to be 209.21 USD Billion in 2017. World Bank has listed Belgium 52nd out of 190 countries of prospective business areas (State.gov 2018).  
Social: The society of any country depends a lot on the nature of the economy as the economy of Belgium is developed the people have a high purchasing power, thus ensuring a high standard of living. The country has a very deep rooted heritage in terms of popular Renaissance architecture (State.gov 2018).  Not only that the there are a mixture of several languages that are spoken in the country like French, German and Dutch. The properties in the country have distinct architecture that is closely associated with the heritage of the country (State.gov 2018).
Technology: The people of the country have an inclination towards using latest technology as the government also provides the infrastructure for the people. There is increased usage of telecommunication and social media has provided several opportunities for investors (Kew and Stredwick 2017).
Porter’s Five forces 
With the help of this model the company can understand the competition in the market and take decisions accordingly to gain an edge over the other players in the market. Michel porter introduced this concept in 1979 (Porter 2011). The industry in which Cheval group of companies operate is real estate and thus the analysis is going to revolve around the same.
Threat of new entry: Real estate is an industry that comes with comparatively large liabilities, the investment is also large, until the new entrants are backed with a large capital investment it is difficult to enter the Industry, another major aspect of the industry is building and working with contacts thus for a newcomer it would be difficult to operate. Thus it can be inferred that the threat of new entrants is low for the Cheval group as the company has been operating for a number of years and has created a reputation among the shareholders (Porter 2011).
Intensity of competitors: The real estate industry has intense competition some of the direct competitors are Mainstay Group, Savills UK, Blue Property Management etc. On the other hand there are also significant direct competitors in Belgium, therefore it can be concluded that the intensity is high.
Bargaining power of the suppliers: The switching powers of the suppliers are low as there is intensity of competition in the market. The suppliers can easily choose one company over another if they are not bound by any contract.  The bargaining power of the suppliers is medium (Porter 2011).
Bargaining power of the customers: The customers are usually regarded as the most important stakeholders of the business as they are the reason why the company is formed in the first place. Due to the high intensity of competition the bargaining power of the customers rises, in case they do not like what Cheval group has to offer they can easily switch to another company. Therefore the company has to always be in constant evolution of the policies to make it more attractive for the customers  (Dobbs 2014).
Threat of substitution: The substitutes to such an organisation are individual brokers or clients independently looking for properties.  The threat is low to medium in this case as there is also a trust factor that is important while operating in the real estate industry (Fiore et al. 2015).
Internal Analysis 
McKinsey 7S Framework 
This model will help in analysing the way in which Cheval Group of companies achieve the objectives of the business. Developed in 1980, this framework will help in understanding the ways in which the performance of the company can be improved (Ravanfar 2015). There are seven elements discussed in the framework which are divided in two categories hard and soft. Following is the analysis of Cheval group’s internal resource and capabilities.
Hard elements:
Strategy: To maintain an edge over the other players in the market the company has specialized in areas by limiting the operations to selected areas. This has given the company opportunity to explore the portfolio in terms of services (Chevalgroup.com 2018). Operating in a limited areas provide the company to offer focused high quality services to the clients. On the other hand this has also limited the operations to a large extent (Chevalgroup.com 2018).
Structure:  The company is led by the managing director Mohammed S Almarzooqi who is the managing director and the structure of the company is hierarchal when it comes to operations however there are individual leaders who leads there teams (Chevalgroup.com 2018). Director Mike Sadler leads the team of Property & Facilities Management, Asset management, Maintenance team. Finance director Louise Uys-Jones, leads the finance team under her visionary leadership, while Development manager Bill Reddrop heads the development team. This structure is effective as there is a clear point of contact for the people and this ensures effective communication (Chevalgroup.com 2018).
System: Each of the team mentioned above have their job roles and operations resulting on achieving the day to day operations of the business (Ravanfar 2015).
Soft elements
Shared values: the core value of the company is to provide the customers with a high quality service in terms of managing the property and reach out the right kind of place that the clients require. The company also believes in educating the customers regarding the trends and the requirements in the real estate market as well as providing them with information they are looking for (Singh 2013).
Style: The leadership style that will be adopted by the by the leaders of the company is transformational in nature as the company has evolved and has changed over the years to cater to the dynamic needs and requirements of the customers (Chevalgroup.com 2018).
Staff: The human resources of the company are not only skilled in their domain but are also experienced in their field and have knowledge about the job role and responsibilities that they have to perform. The company has posted experienced leaders in management posts to lead the company towards achieving success (Gyepi-Garbrah and Binfor 2013).
Skill: As the company operates in the service industry some of the most important skill among the people are efficient and effective communication, academic accreditation as well as understanding of the industry (Cross 2015).   
Competitive Strategy 
To remain attractive in the industry every business organisation must device competitive strategies in order to gain edge over the other players (Rothaermel 2015). With the help of porter’s generic framework, the strategy that the company has undertaken can be analysed.
Porter’s Generic framework 

Figure: Porter’s generic strategy framework
Source: (Porter 1989)
The above image depicts the framework of competitive advantage that is suggested by Michel Porter. There are three strategies in which a company can incorporate policies to ensure competitive advantage. Low cost or leadership in cost, differentiation and lastly focus. The strategy that Cheval Group has undertaken in order to maintain the competitive advantage is Focus Differentiation (Banker et al. 2014). This is because the company has a niche market in terms of its distribution of services, the company focuses on a few particular areas of operation this allows the company to provide all the customers a customized service.
The portfolio of the company ranges from offices, retail and leisure, industrial and residential properties. The focus strategy of the company helps in building loyal clients and a reputation among the niche market regarding the high quality of services provided by the company. In the focus strategy the idea that the company incorporates is to put in an extra effort, in this case the company focuses on providing the customers with customized service depending upon the requirement of the customer, the company understands that in case of real estate the requirement of the clients cannot be categorised in common grounds as requirement changes with every customer (Banker et al. 2014)  
The residential segment of the group caters to more niche target market as they focus on luxury residential properties. This makes the company popular among the market in the areas of operation.
It can be concluded that the company considers the customers to be the most important stakeholder and in order to cater to all the requirement of the customers the company undertakes the strategy of focus differentiation (Tansey et al. 2014).
Ansoff Matrix

Figure: Ansoff Matrix
Source: (Hussain et al. 2013)
It has been observed from the above analysis that the company has a niche market in UK especially London area; however there are option of service from Belgium, France and Italy (Hussain et al. 2013). Considering the resource and capabilities that the company have they have opportunity to expand in Belgium, therefore the strategy that the company can employee is Market development in order to expand the business not in the geographical boundaries but in an international market.
Market development is important for the company in order to push the growth of the company; the company can use the same strategy of competitive advantage in the Belgium as well (Hussain et al. 2013).
Selection 2: SWOT Analysis 

· The experienced and skilled human resource
· The goodwill and reputation of the company
· The simple structure of the company helps in reduction of complication in the process of  business operation
· The impressive range of portfolio of the Cheval group
· The niche target market
· The company also have valuable relation with the customers which is important in the service sector to succeed
· The company provides the customers with customised services

· In order to stay true to the focus strategy the company has limited its operations
· The website of the company has very little to no information regarding the company; customers these days check the official website of any company before taken the services.
· Limited use of technology in the process of operation the company operates in the physical market but now more and more companies are inclined towards making a presence in the digital space, where as the company  offers no services online.

· Considering the resource and capabilities the company they have scope of expansion in international market.
· The PEST analysis of the Belgium market proves that it is a scope for the company to expand in international market.
· The company has the opportunity to work on the shared values and principles in the Belgium market based on the social analysis of the market.
· The unique architecture and cultural heritage of the country is an opportunity for the company to work on different kinds of property with.
· The  direct competitors in Belgium are comparatively lesser than UK
· The organisation can choose to operate in the Brussels area as they operate in London in UK.

· The company has been operating in UK industry for long and has built a reputation if the same services or contacts cannot be established in the new market then it might impact the reputation in the home country as well.
· Direct competitors as well as the substitutes that are discussed above are the threat to the company.

Section 3: Recommendation
Some of the recommendations to the company are as follows:

Improve communication with the customers, as a service company, communication is the key to creating valuable customers. The company must focus on developing a customer service team as well
The website of the company is the first look that any client perceives of the company. Therefore the company has to work upon the website and develop content and provide information regarding the wide range of portfolios that they cater to.
In order to explore the international market the company should choose a market like Belgium where there is trade liberty for the investors. Belgium is chosen over any other country as the country already has some distribution in the country.
The company must focus upon the values and principles while expansion to keep up the reputation and goodwill

It can be concluded from the above discussion that the Cheval Group of company have resource and capabilities in terms of grabbing the opportunity to expand in the international market. The company caters to a niche market in UK and the similar approach can also be undertaken in the proposed country. The company has the opportunity to expand in Belgium owing to the political, economy, social and technical condition of the market. The company will finds its target market in the country as well.
Bah, E.H. and Fang, L., 2015. Impact of the business environment on output and productivity in Africa. Journal of Development Economics, 114, pp.159-171.
Chevalgroup.com., 2018. Cheval Property Management. [online] Chevalgroup.com. Available at: https://www.chevalgroup.com/index.php [Accessed 21 Jul. 2018].
Cross, J.C., Belich, T.J. and Rudelius, W., 2015. How marketing managers use market segmentation: An exploratory study. In Proceedings of the 1990 Academy of Marketing Science (AMS) Annual Conference (pp. 531-536). Springer, Cham.

Banker, R., Mashruwala, R. and Tripathy, A., 2014. Does a differentiation strategy lead to more sustainable financial performance than a cost leadership strategy?. Management Decision, 52(5), pp.872-896.
Dobbs, M., 2014. Guidelines for applying Porter’s five forces framework: a set of industry analysis templates. Competitiveness Review, 24(1), pp.32-45.

Fiore, A.M., Niehm, L.S., Hurst, J.L., Son, J. and Sadachar, A., 2013. Entrepreneurial marketing: Scale validation with small, independently-owned businesses. Journal of Marketing Development and Competitiveness, 7(4), p.63.
Gupta, A., 2013. Environmental and pest analysis: An approach to external business environment. Merit Research Journal of Art, Social Science and Humanities, 1(2), pp.13-17.
Gyepi-Garbrah, T.F. and Binfor, F., 2013. An analysis of internal environment of a commercial-oriented research organization: Using mckinsey 7S framework in a ghanaian context. International Journal of Academic Research in Business and Social Sciences, 3(9), p.87.
Ho, J.K.K., 2014. Formulation of a systemic PEST analysis for strategic analysis. European academic research, 2(5), pp.6478-6492.
Hussain, S., Khattak, J., Rizwan, A. and Latif, M.A., 2013. ANSOFF matrix, environment, and growth-an interactive triangle. Management and Administrative Sciences Review, 2(2), pp.196-206.
Kew, J. and Stredwick, J., 2017. Business environment: managing in a strategic context. Kogan Page Publishers.
Porter, M.E., 1989. How competitive forces shape strategy. In Readings in strategic management (pp. 133-143). Palgrave, London.
Porter, M.E., 2011. Competitive advantage of nations: creating and sustaining superior performance (Vol. 2). Simon and Schuster.
Ravanfar, M. M., 2015. Analyzing Organizational Structure based on 7s model of McKinsey. Global Journal of Management And Business Research.
Rothaermel, F.T., 2015. Strategic management. McGraw-Hill Education.
Santandertrade.com., 2018. BELGIUM: FOREIGN INVESTMENT. [online] Santandertrade.com. Available at: https://en.portal.santandertrade.com/establish-overseas/belgium/foreign-investment [Accessed 21 Jul. 2018].
Senge, P.M., 2014. The fifth discipline fieldbook: Strategies and tools for building a learning organization. Crown Business.
State.gov., 2018. Belgium. [online] U.S. Department of State. Available at: https://www.state.gov/e/eb/rls/othr/ics/2017/eur/269880.htm [Accessed 21 Jul. 2018].
Tansey, P., Spillane, J.P. and Meng, X., 2014. Linking response strategies adopted by construction firms during the 2007 economic recession to Porter’s generic strategies. Construction management and economics, 32(7-8), pp.705-724.

Free Membership to World’s Largest Sample Bank

To View this & another 50000+ free samples. Please put
your valid email id.


Yes, alert me for offers and important updates


Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

UploadUnique Document

DocumentUnder Evaluation

Get Moneyinto Your Wallet

Total 13 pages


*The content must not be available online or in our existing Database to qualify as

Cite This Work
To export a reference to this article please select a referencing stye below:


My Assignment Help. (2020). Strategic Management. Retrieved from https://myassignmenthelp.com/free-samples/pm303-strategic-management/analysis-of-Cheval-group-of-companies.html.

“Strategic Management.” My Assignment Help, 2020, https://myassignmenthelp.com/free-samples/pm303-strategic-management/analysis-of-Cheval-group-of-companies.html.

My Assignment Help (2020) Strategic Management [Online]. Available from: https://myassignmenthelp.com/free-samples/pm303-strategic-management/analysis-of-Cheval-group-of-companies.html[Accessed 18 December 2021].

My Assignment Help. ‘Strategic Management’ (My Assignment Help, 2020) accessed 18 December 2021.

My Assignment Help. Strategic Management [Internet]. My Assignment Help. 2020 [cited 18 December 2021]. Available from: https://myassignmenthelp.com/free-samples/pm303-strategic-management/analysis-of-Cheval-group-of-companies.html.

.close{position: absolute;right: 5px;z-index: 999;opacity: 1;color: #ff8b00;}


Thank you for your interest
The respective sample has been mail to your register email id


$20 Credited
successfully in your wallet.
* $5 to be used on order value more than $50. Valid for
only 1

Account created successfully!
We have sent login details on your registered email.



Have you ever wondered an easier way of not taking stress in your thematic essay? Just take guidance from MyAssignmenthelp.com, one of the best custom writing service. But it doesn’t stop till thematic essay. You can also ask help for analytical essay, critical analysis essay, compare and contrast essay or any college essays. Top of that, MyAssignmenthelp.com is probably the cheapest writing service you can ever find. You can call us or e-mail us any time you want. We have 24*7 student-support executive who are happy to resolve your query.

Latest Management Samples

div#loaddata .card img {max-width: 100%;

MPM755 Building Success In Commerce
Download :
0 | Pages :

Course Code: MPM755
University: Deakin University

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

The process of developing a successful business entity requires a multidimensional analysis of several factors that relate to the internal and external environment in commerce. The areas covered in this current unit are essential in transforming the business perspective regarding the key commerce factors such as ethics, technology, culture, entrepreneurship, leadership, culture, and globalization (Nzelibe, 1996; Barza, 2…

SNM660 Evidence Based Practice
Download :
0 | Pages :

Course Code: SNM660
University: The University Of Sheffield

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Critical reflection on the objective, design, methodology and outcome of the research undertaken Assessment-I
Smoking and tobacco addiction is one of the few among the most basic general restorative issues, particularly to developed nations such as the UK. It has been represented that among all risk segments smoking is the fourth driving purpose behind infections and other several ailments like asthma, breathing and problems in the l…
Australia Maidstone Management Business management with marketing University of New South Wales Masters in Business Administration 

BSBHRM513 Manage Workforce Planning
Download :
0 | Pages :

Course Code: BSBHRM513
University: Tafe NSW

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

Task 1
1.0 Data on staff turnover and demographics
That includes the staffing information of JKL industries for the fiscal year of 2014-15, it can be said that the company is having problems related to employee turnover. For the role of Senior Manager in Sydney, the organization needs 4 managers; however, one manager is exiting. It will make one empty position which might hurt the decision making process. On the other hand, In Brisba…

MKT2031 Issues In Small Business And Entrepreneurship
Download :
0 | Pages :

Course Code: MKT2031
University: University Of Northampton

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: United Kingdom

Entrepreneurial ventures
Entrepreneurship is the capacity and willingness to develop, manage, and put in order operations of any business venture with an intention to make profits despite the risks that may be involved in such venture. Small and large businesses have a vital role to play in the overall performance of the economy. It is, therefore, necessary to consider the difference between entrepreneurial ventures, individual, and c…
Turkey Istanbul Management University of Employee Masters in Business Administration 

MN506 System Management
Download :
0 | Pages :

Course Code: MN506
University: Melbourne Institute Of Technology

MyAssignmentHelp.com is not sponsored or endorsed by this college or university

Country: Australia

An operating system (OS) is defined as a system software that is installed in the systems for the management of the hardware along with the other software resources. Every computer system and mobile device requires an operating system for functioning and execution of operations. There is a great use of mobile devices such as tablets and Smartphones that has increased. One of the widely used and implemented operating syste…
Australia Cheltenham Computer Science Litigation and Dispute Management University of New South Wales Information Technology 


Need an essay written specifically to meet your requirements?

Choose skilled experts on your subject and get an original paper within your deadline

156 experts online

Your time is important. Let us write you an essay from scratch

Tips and Tricks from our Blog

11174 Introduction To Management

Free Samples 11174 Introduction To Management .cms-body-content table{width:100%!important;} #subhidecontent{ position: relative; overflow-x: auto; width: 100%;} 11174 Introduction

Read More »