Case Study Description of CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney
Confidential Instructions for Labrador's Attorney for product #PON134.Camilia Pictures is a film production company dedicated to producing movies with artistic merit, strong market potential, and cutting-edge sensibilities. Seven years ago, Camilia Pictures President Raven Reynolds, then an independent producer with a small company and a big Hollywood name, and Rick Statler, CEO of family entertainment powerhouse Labrador Entertainment, agreed to a merger. Camilia would continue to produce high-quality films, but it would do so as a part of the larger Labrador empire. Though Reynolds would still run Camilia, all movies it produced would now belong to Labrador. For its first few years under the Labrador umbrella, Camilia Pictures thrived. But for the past few years, it has struggled as Reynolds and Statler continue to battle over money. Reynolds insists that she needs more to succeed. Statler, meanwhile, is increasingly concerned about the bottom line. The dispute between these two came to a head when Reynolds used her own money to purchase Privileges and Immunities, a controversial new documentary, against Statler's direct orders. Reynolds contends that because she used her own money to buy it and Statler is refusing to distribute it, she has the right to make her own arrangements to bring Privileges to theaters. Statler insists that the film belongs to Labrador and that he is completely within his rights to refuse distribution. Labrador's in-house counsel has referred both parties to separate lawyers to avoid a conflict of interest. At stake is not only the ownership of the new documentary, but also the future of Raven Reynolds and Camilia Pictures at Labrador Entertainment. This is a role play case.
Swot Analysis of "CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney" written by Robyn Cali, Robert C. Bordone includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Camilia Reynolds facing as an external strategic factors. Some of the topics covered in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney case study are - Strategic Management Strategies, Negotiations and Strategy & Execution.
Some of the macro environment factors that can be used to understand the CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney casestudy better are - – competitive advantages are harder to sustain because of technology dispersion, customer relationship management is fast transforming because of increasing concerns over data privacy, banking and financial system is disrupted by Bitcoin and other crypto currencies, cloud computing is disrupting traditional business models, talent flight as more people leaving formal jobs, increasing household debt because of falling income levels, increasing inequality as vast percentage of new income is going to the top 1%,
increasing commodity prices, digital marketing is dominated by two big players Facebook and Google, etc
Introduction to SWOT Analysis of CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Camilia Reynolds, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Camilia Reynolds operates in.
According to Harvard Business Review, 75% of the managers use SWOT analysis for various purposes such as – evaluating current scenario, strategic planning, new venture feasibility, personal growth goals, new market entry, Go To market strategies, portfolio management and strategic trade-off assessment, organizational restructuring, etc.
SWOT Objectives / Importance of SWOT Analysis and SWOT Matrix
SWOT analysis of CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney can be done for the following purposes –
1. Strategic planning using facts provided in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney case study
2. Improving business portfolio management of Camilia Reynolds
3. Assessing feasibility of the new initiative in Strategy & Execution field.
4. Making a Strategy & Execution topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Camilia Reynolds
Strengths CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Camilia Reynolds in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney Harvard Business Review case study are -
Successful track record of launching new products
– Camilia Reynolds has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Camilia Reynolds has effective processes in place that helps in exploring new product needs, doing quick pilot testing, and then launching the products quickly using its extensive distribution network.
Operational resilience
– The operational resilience strategy in the CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney Harvard Business Review case study comprises – understanding the underlying the factors in the industry, building diversified operations across different geographies so that disruption in one part of the world doesn’t impact the overall performance of the firm, and integrating the various business operations and processes through its digital transformation drive.
Sustainable margins compare to other players in Strategy & Execution industry
– CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney firm has clearly differentiated products in the market place. This has enabled Camilia Reynolds to fetch slight price premium compare to the competitors in the Strategy & Execution industry. The sustainable margins have also helped Camilia Reynolds to invest into research and development (R&D) and innovation.
Innovation driven organization
– Camilia Reynolds is one of the most innovative firm in sector. Manager in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Strong track record of project management
– Camilia Reynolds is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Cross disciplinary teams
– Horizontal connected teams at the Camilia Reynolds are driving operational speed, building greater agility, and keeping the organization nimble to compete with new competitors. It helps are organization to ideate new ideas, and execute them swiftly in the marketplace.
Training and development
– Camilia Reynolds has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney Harvard Business Review case study by analyzing – employees retention, in-house promotion, loyalty, new venture initiation, lack of conflict, and high level of both employees and customer engagement.
Ability to lead change in Strategy & Execution field
– Camilia Reynolds is one of the leading players in its industry. Over the years it has not only transformed the business landscape in its segment but also across the whole industry. The ability to lead change has enabled Camilia Reynolds in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Low bargaining power of suppliers
– Suppliers of Camilia Reynolds in the sector have low bargaining power. CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Camilia Reynolds to manage not only supply disruptions but also source products at highly competitive prices.
Highly skilled collaborators
– Camilia Reynolds has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive segment. Secondly the value chain collaborators of the firm in CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Ability to recruit top talent
– Camilia Reynolds is one of the leading recruiters in the industry. Managers in the CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Analytics focus
– Camilia Reynolds is putting a lot of focus on utilizing the power of analytics in business decision making. This has put it among the leading players in the industry. The technology infrastructure suggested by Robyn Cali, Robert C. Bordone can also help it to harness the power of analytics for – marketing optimization, demand forecasting, customer relationship management, inventory management, information sharing across the value chain etc.
Weaknesses CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney are -
Aligning sales with marketing
– It come across in the case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney that the firm needs to have more collaboration between its sales team and marketing team. Sales professionals in the industry have deep experience in developing customer relationships. Marketing department in the case CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney can leverage the sales team experience to cultivate customer relationships as Camilia Reynolds is planning to shift buying processes online.
High cash cycle compare to competitors
Camilia Reynolds has a high cash cycle compare to other players in the industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.
Increasing silos among functional specialists
– The organizational structure of Camilia Reynolds is dominated by functional specialists. It is not different from other players in the Strategy & Execution segment. Camilia Reynolds needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Camilia Reynolds to focus more on services rather than just following the product oriented approach.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney HBR case study still accounts for major business revenue. This dependence on star products in has resulted into insufficient focus on developing new products, even though Camilia Reynolds has relatively successful track record of launching new products.
High bargaining power of channel partners
– Because of the regulatory requirements, Robyn Cali, Robert C. Bordone suggests that, Camilia Reynolds is facing high bargaining power of the channel partners. So far it has not able to streamline the operations to reduce the bargaining power of the value chain partners in the industry.
Slow to strategic competitive environment developments
– As CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney HBR case study mentions - Camilia Reynolds takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the industry in last five years.
Products dominated business model
– Even though Camilia Reynolds has some of the most successful products in the industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. firm in the HBR case study - CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney should strive to include more intangible value offerings along with its core products and services.
Capital Spending Reduction
– Even during the low interest decade, Camilia Reynolds has not been able to do capital spending to the tune of the competition. This has resulted into fewer innovations and company facing stiff competition from both existing competitors and new entrants who are disrupting the industry using digital technology.
Interest costs
– Compare to the competition, Camilia Reynolds has borrowed money from the capital market at higher rates. It needs to restructure the interest payment and costs so that it can compete better and improve profitability.
Slow decision making process
– As mentioned earlier in the report, Camilia Reynolds has a very deliberative decision making approach. This approach has resulted in prudent decisions, but it has also resulted in missing opportunities in the industry over the last five years. Camilia Reynolds even though has strong showing on digital transformation primary two stages, it has struggled to capitalize the power of digital transformation in marketing efforts and new venture efforts.
No frontier risks strategy
– After analyzing the HBR case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney, it seems that company is thinking about the frontier risks that can impact Strategy & Execution strategy. But it has very little resources allocation to manage the risks emerging from events such as natural disasters, climate change, melting of permafrost, tacking the rise of artificial intelligence, opportunities and threats emerging from commercialization of space etc.
Opportunities CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities highlighted in the Harvard Business Review case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney are -
Lowering marketing communication costs
– 5G expansion will open new opportunities for Camilia Reynolds in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Strategy & Execution segment, and it will provide faster access to the consumers.
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Strategy & Execution industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Camilia Reynolds can take advantage of these changes in consumer behavior to build a far more efficient business model. For example consumer regular ordering of products can reduce both last mile delivery costs and market penetration costs. Camilia Reynolds can further use this consumer data to build better customer loyalty, provide better products and service collection, and improve the value proposition in inflationary times.
Use of Bitcoin and other crypto currencies for transactions
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Camilia Reynolds in the consumer business. Now Camilia Reynolds can target international markets with far fewer capital restrictions requirements than the existing system.
Buying journey improvements
– Camilia Reynolds can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney suggest that firm can provide automated chats to help consumers solve their own problems, provide online suggestions to get maximum out of the products and services, and help consumers to build a community where they can interact with each other to develop new features and uses.
Manufacturing automation
– Camilia Reynolds can use the latest technology developments to improve its manufacturing and designing process in Strategy & Execution segment. It can use CAD and 3D printing to build a quick prototype and pilot testing products. It can leverage automation using machine learning and artificial intelligence to do faster production at lowers costs, and it can leverage the growth in satellite and tracking technologies to improve inventory management, transportation, and shipping.
Building a culture of innovation
– managers at Camilia Reynolds can make experimentation a productive activity and build a culture of innovation using approaches such as – mining transaction data, A/B testing of websites and selling platforms, engaging potential customers over various needs, and building on small ideas in the Strategy & Execution segment.
Better consumer reach
– The expansion of the 5G network will help Camilia Reynolds to increase its market reach. Camilia Reynolds will be able to reach out to new customers. Secondly 5G will also provide technology framework to build new tools and products that can help more immersive consumer experience and faster consumer journey.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Camilia Reynolds can use these opportunities to build new business models that can help the communities that Camilia Reynolds operates in. Secondly it can use opportunities from government spending in Strategy & Execution sector.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Camilia Reynolds is facing challenges because of the dominance of functional experts in the organization. CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney case study suggests that firm can utilize new technology to build more coordinated teams and streamline operations and communications using tools such as CAD, Zoom, etc.
Reconfiguring business model
– The expansion of digital payment system, the bringing down of international transactions costs using Bitcoin and other blockchain based currencies, etc can help Camilia Reynolds to reconfigure its entire business model. For example it can used blockchain based technologies to reduce piracy of its products in the big markets such as China. Secondly it can use the popularity of e-commerce in various developing markets to build a Direct to Customer business model rather than the current Channel Heavy distribution network.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Camilia Reynolds can build a diversified supply chain model across various countries in - South East Asia, India, and other parts of the world. This reconfiguration of global supply chain can help, as suggested in case study, CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Learning at scale
– Online learning technologies has now opened space for Camilia Reynolds to conduct training and development for its employees across the world. This will result in not only reducing the cost of training but also help employees in different part of the world to integrate with the headquarter work culture, ethos, and standards.
Low interest rates
– Even though inflation is raising its head in most developed economies, Camilia Reynolds can still utilize the low interest rates to borrow money for capital investment. Secondly it can also use the increase of government spending in infrastructure projects to get new business.
Threats CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney are -
New competition
– After the dotcom bust of 2001, financial crisis of 2008-09, the business formation in US economy had declined. But in 2020 alone, there are more than 1.5 million new business applications in United States. This can lead to greater competition for Camilia Reynolds in the Strategy & Execution sector and impact the bottomline of the organization.
Aging population
– As the populations of most advanced economies are aging, it will lead to high social security costs, higher savings among population, and lower demand for goods and services in the economy. The household savings in US, France, UK, Germany, and Japan are growing faster than predicted because of uncertainty caused by pandemic.
Technology acceleration in Forth Industrial Revolution
– Camilia Reynolds has witnessed rapid integration of technology during Covid-19 in the Strategy & Execution industry. As one of the leading players in the industry, Camilia Reynolds needs to keep up with the evolution of technology in the Strategy & Execution sector. According to Mckinsey study top managers believe that the adoption of technology in operations, communications is 20-25 times faster than what they planned in the beginning of 2019.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Camilia Reynolds with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Easy access to finance
– Easy access to finance in Strategy & Execution field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Camilia Reynolds can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
High level of anxiety and lack of motivation
– the Great Resignation in United States is the sign of broader dissatisfaction among the workforce in United States. Camilia Reynolds needs to understand the core reasons impacting the Strategy & Execution industry. This will help it in building a better workplace.
High dependence on third party suppliers
– Camilia Reynolds high dependence on third party suppliers can disrupt its processes and delivery mechanism. For example -the current troubles of car makers because of chip shortage is because the chip companies started producing chips for electronic companies rather than car manufacturers.
Stagnating economy with rate increase
– Camilia Reynolds can face lack of demand in the market place because of Fed actions to reduce inflation. This can lead to sluggish growth in the economy, lower demands, lower investments, higher borrowing costs, and consolidation in the field.
Increasing wage structure of Camilia Reynolds
– Post Covid-19 there is a sharp increase in the wages especially in the jobs that require interaction with people. The increasing wages can put downward pressure on the margins of Camilia Reynolds.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Camilia Reynolds can face downward pressure on margins from increasing competition from international players. The international players have stable revenue in their home market and can use those resources to penetrate prominent markets illustrated in HBR case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney .
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. Camilia Reynolds will face different problems in different parts of Europe. For example it will face inflationary pressures in UK, France, and Germany, balance sheet expansion and demand challenges in Southern European countries, and geopolitical instability in the Eastern Europe.
Technology disruption because of hacks, piracy etc
– The colonial pipeline illustrated, how vulnerable modern organization are to international hackers, miscreants, and disruptors. The cyber security interruption, data leaks, etc can seriously jeopardize the future growth of the organization.
Backlash against dominant players
– US Congress and other legislative arms of the government are getting tough on big business especially technology companies. The digital arm of Camilia Reynolds business can come under increasing regulations regarding data privacy, data security, etc.
Weighted SWOT Analysis of CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers in the HBR case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney needs to zero down on the relative importance of each factor mentioned in the Strengths, Weakness, Opportunities, and Threats quadrants.
We can provide the relative importance to each factor by assigning relative weights. Weighted SWOT analysis process is a three stage process –
First stage for doing weighted SWOT analysis of the case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney is to rank the strengths and weaknesses of the organization. This will help you to assess the most important strengths and weaknesses of the firm and which one of the strengths and weaknesses mentioned in the initial lists are marginal and can be left out.
Second stage for conducting weighted SWOT analysis of the Harvard case study CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney is to give probabilities to the external strategic factors thus better understanding the opportunities and threats arising out of macro environment changes and developments.
Third stage of constructing weighted SWOT analysis of CAMILIA PICTURES - Confidential Instructions for Labrador's Attorney is to provide strategic recommendations includes – joining likelihood of external strategic factors such as opportunities and threats to the internal strategic factors – strengths and weaknesses. You should start with external factors as they will provide the direction of the overall industry. Secondly by joining probabilities with internal strategic factors can help the company not only strategic fit but also the most probably strategic trade-off that Camilia Reynolds needs to make to build a sustainable competitive advantage.
