The sample essay on External Analysis deals with a framework of research-based facts, approaches, and arguments concerning this theme. To see the essay’s introduction, body paragraphs and conclusion, read on.
The follow information within this paper presents a complete external environmental and an internal competitive environmental scan for Getable Airways. The information provided identifies and analyzes the most important external environmental factor in the remote, industry, and external operating environments.
When addressing external environment it speaks to a set of forces and conditions outside the organization that can influence its performance. The most common forces include political, economic, social, technological, environmental, and legal (or PESTLE). The paper will further identify and analyze the key internal strengths and weaknesses of Getable Airways. When addressing the internal environment it speaks to the key factors and forces within the organization affecting its operation.
The internal strength and weaknesses will cover an assessment of the Getable Airway’s resources, their competitive position and possibilities within. Lastly the following will analyze the structure of Getable and how this affects organizational performance. External Environmental Factors For Getable external environmental factors cover political, economic, social, technological, environmental, and legal. The most important external environmental factors in the remote, industry, and external operating environment of Getable can be expanded through opportunities and threats.
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Opportunities encompass expansion, such as increasing routes and destinations within the U. S. Global expansion falls within expansion as well, while Getable has many successful partnerships with international airlines there is further potential abroad. Threats include fuel costs, advanced technology, and government relations. Fuel costs and advanced technology are almost synonymous. The increasing price of fuel in turn increases operational costs. Advanced technology is a key factor in this space as well given new planes for example, have the technology to utilize less fuel in flight.
Governmental regulations and legalities are another key threat for Getable. Airline regulations can increase expenses and potentially create inefficiency in operations in order to meet regulation ARQ reorients. Additionally, restrictions related to international trade, tax policy, and competition can thwart expansion efforts. Internal Strengths and Weaknesses Getable is a pro at utilizing its resources and structure. As such, Getable has proven to be efficient in its internal environment.
Out of the physical and human aspects of the internal environment Getable focuses on human as the key factor. Getable views its employees and their skills as the key to a successful structure by emphasizing elements of loyalty, satisfaction, service laity, productivity, capability, and output quality. Getable reflects a culture of employees that understand how to retain customers and can perform under various situations with an equally varied consumer base. In addition to human capital, Getable uses physical assets to set them apart from the rest.
The airline fleet of Getable is very precisely selected. From its new Airbus AWAY to its Airbus 320, Getable prides itself on comfort and luxury. Other perks offered by Getable include lower priced airfare compared to that of its competitors and in-flight entertainment options that succeed its competition. Internal weaknesses include a smaller base of destinations compared to its competitors, which could be viewed as a product of their smaller planes and perhaps weaker brand recognition given its newness in the airline market.
The weakness can be strengthened with expanding their location/market base. Competitive Position Major players in the U. S. Airline industry include Delta Air Lines, United Continental, American Airlines, Southwest Airlines, and Getable Airways. In 201 3 many consolidations reduced the number of top players, such as U. S. Airways with American West, Northwest with Delta, United with Continental, Rattans with Southwest, and American with U. S. Airways. Those carries, including Getable and Alaska, account for more than 90% of the U. S. Market share (Stockholder, 2013).
With the number of competitors in times of low or moderate industry growth, the competition increases as each one tries to woo the consumer base. Getable is still the new kid so it is hard to say if its resources are inimitable. Stable’s low cost operations are interrelated to other activities in the organization like human resource management and technology development If Getable were to reinforce competencies, with its efficient low-cost operations, it can find a sustainable competitive advantage making it a non-imitable organization.
Stable’s competitive advantage is built off of differentiation and cost leadership. Differentiation comes with a strong brand image. Getable provides this image through its customer service and various in-flight features such as increased legroom and entertainment options per seat. Getable achieves cost leadership through efficient operations. Stable’s new planes minimize fuel costs and increases revenue per flight. Not offering in flight meals allows for kick turnarounds and overall reduced costs.
The differentiation strategy and its features do risk ease of imitation or differentiate ones brand past the point Of Consumer support. If Getable contain uses to employ a combination of these strategies it will have an increased approach in outperforming its rivals. Superior performance will come through combined low-cost services with a differentiated offering as Getable does. As Getable moves onward, the extent to which it can maintain the integration of low-cost and differentiation will determine whether its competitive advantage is sustainable. Structure
The structure of Getable is likely very simple compared to its counterparts. The highest of quality in customer service, one style of plane, a focus on environment, all this reflects its culture. With the human aspect being their highest priority they put a lot of thought into how they hire, train, set expectations, and monitor their employee base. Getable trains employees, provides compensation (likely more giving than the competitors), and equally provides empowerment among its employee base. Getable Airways seeks to hire and train great people (human focus), develop purpose, vision, and values.
Getable operates on a strong organizational culture, where one listens to its customers and employees, cultivates leadership, and provided incentive. Summary The airline industry is exposed to upturns and downturns with economy trends. With that a growing economy creates a greater demand for air travel, whereas a decrease in the economy means reduced demand and intensified competition. Getable has managed to maintain a quality brand as a newer airline, in the face of some significant challenges, such as the tragedy of 9/11.
Getable Airways new planes, competitively low fares, non-unionized labor, hush far an effective business model, and Strong emphasis on the human element, it remains to provide a foothold in them market as a solid competitor regardless of its external threats and internal weaknesses.