Case Study: Lowe’s Companies Inc.
The Industry – Porter’s Five Forces Analysis
Bargaining power of suppliers
Threat of new entrant
Rivalry among existing competitors
Bargaining power of competitors
Threat of substitutes
Problem Statement
What is the primary problem in the case? Secondary problems? What are the ramifications of these problems in the long run? Short run? Include quantitative and qualitative analysis in your response.
Strategic Plan
Based on the problem identified, develop a 5-year strategic plan for the company. This plan should include:
1. Clear vision, mission statement and core values
2. SMART objectives to solve the problem
3. Corresponding strategies for the objectives identified
4. Implementation plan
5. Key Performance Indicators to monitor progress
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