Monday, January 6, 2020
Name at Least Two Things That Southwest Is Doing Efficiently
* 1. Just Plane Smart Harvard Business School ââ¬â Case Study Summary Abhishek Mehra Balaji P Saruabh Ranadive Sarang Bhutada * 2. The setting Itââ¬â¢s summer of 1993 Southwest is expecting delivery of two uncommitted planes McGlade needs to find a way, to put these planes in operation, keeping the organizational objectives are intact Final decision would have to preserve the Southwest culture and spirit About Southwest Started as a intra-state operator in Texas Budget airline philosophy, survived a severe price-war Operating out of Dallasââ¬â¢s Love Field airport, hence the ticker LUV 7 th largest in the country by April 1993 Expanded to become a national carrier, serving major cities Short-haul, high-frequency, low-cost strategy 12 time winnerâ⬠¦show more contentâ⬠¦Were competing with ground transportationamp;quot; * 10. Promotion Strategies: Marketing Mix Southwest Airlines wants to differentiate itself from other airlines as the airline that can get passengers to their destinations when they want to get there, on time, at the lowest possible fares ââ¬â while having fun. Frequent Flyer Awards Rapid Rewards-based on number of trips taken Way of showing Southwestââ¬â¢s philosophy that every customer is equally important as the other and making ALL passengers feel special. Advertising ââ¬Å" Donââ¬â¢t believe the hype.â⬠Fares offered by other discounters and airlines on the Web are not good buys. Southwest attempts to do three things in their advertising: intrigue Entertain persuade ââ¬Å" Weââ¬â¢d like to match their new fares but weââ¬â¢d have to raise ours!!amp;quot; * 11. Television Sports Advertising Sports television programming Reaching the corporate set via sports and other venues In 2000, Southwest renewed its multi-year sponsorship agreement with the National Football League (NFL). Public Relations Aims for ââ¬Å"Free publicityâ⬠Triple Crown Award for the fifth time in a row Named a plane Triple Cro wn One and painted 24,000 employee names on it Internal Marketing Core Business - Customer Service businessââ¬âthey just happen to provide airline transportation Southwestââ¬â¢s philosophy - ââ¬Å"ServiceShow MoreRelatedSouthwest Airline780 Words à |à 4 PagesQuestion: 01 Name at least two things that Southwest is doing efficiently. Name at least two things that Southwest is doing effectively. In what ways do efficiency and effectiveness support each other at Southwest? In what ways do they contradict each other? Ans. Southwest Airlines is one of the important Airline of USA. Southwest Airlines may only rank 317 on the Fortune 500 List but the company ranks highly on most publicationsââ¬â¢ Most Admired Companies lists. Efficiency means using resourcesRead MoreSouthwest Still Flies High1483 Words à |à 6 PagesPrinciples of Management Course ââ¬â 102 Title: A case study on Southwest Airlines management process. Submitted To Group ââ¬â K Roll Name Q: Name at least two things that Southwest is doing efficiently. Name at least two things that Southwest is doing effectively. In what ways do efficiency and effectiveness support each other at Southwest? In what ways do they contradict each other? Answer: Efficiency at Southwest Airlines: Efficiency or being efficient in business terms meansRead MoreSouthwest Airline Strategic Audit11690 Words à |à 47 PagesEcole supà ©rieure libre des sciences commerciales appliquà ©es (ESLSCA) Strategic Management Paper Southwest Airline Strategic Audit Prepared By : Hesham Gamal El Din El Desouky Mohamed Dandash Wael Youssef Professor : Dr. Saneya El Galaly Group : 21-A Table Of Contents I. Executive Summary 5 II. SouthWest Airlines History 6 III. Current Situation 8 III.1. Current Performance 8 III.2. Strategic Posture 13 III.2.1. Mission Vision 13 III.2.2. Objectives 14 III.2.3. Strategies 15 Read MoreSouthwest Airline Strategic Audit11701 Words à |à 47 PagesEcole supà ©rieure libre des sciences commerciales appliquà ©es (ESLSCA) Strategic Management Paper Southwest Airline Strategic Audit Prepared By : Hesham Gamal El Din El Desouky Mohamed Dandash Wael Youssef Professor : Dr. Saneya El Galaly Group : 21-A Table Of Contents I. Executive Summary 5 II. SouthWest Airlines History 6 III. Current Situation 8 III.1. Current Performance 8 III.2. Strategic Posture 13 III.2.1. Mission Vision 13 III.2.2. Objectives 14 Read MoreStrategic Audit Us Airways vs Southwest Airlines7346 Words à |à 30 PagesStrategic Audit Southwest Airlines VS US Airways Megan Kelly Ashley Ruiz Molly Tomkins Strategic Audit Southwest Airlines I. Current Situation A. Current Performance 1. Record revenue performance led to Southwestââ¬â¢s 40th consecutive year of profitability (best in US Aviation history), in 2012. 2. 2011 net income of $412 million, despite increase in fuel costs. 3. Southwest has achieved record operating revenues of $17.08 billion and operating incomeRead MoreChapter 1: What Is Strategy? (Michael Porter)7705 Words à |à 31 PagesOperational Effectiveness Is Not Strategy For almost two decades, managers have been learning to play by a new set of rules. Companies must be flexible to respond rapidly to competitive and market changes. They must benchmark continuously to achieve best practices. They must outsource aggressively to gain efficiencies. And they must nurture a few core competencies in the race to stay ahead of rivals. Positioning-once the heart of strategy-is rejected as too static for todays dynamicRead MoreJetblues Good Service Quality9603 Words à |à 39 Pageskeep maintenance and training costs low; the only other airline using this model is Southwest. Additionally, JetBlue targeted large metropolitan areas with high average fares to compete with the larger airliners. Even small things such as more seats and a more fuel-efficient aircraft increased profits. Things seemed to be running great for JetBlue as they increased the number of destinations. All of these things kept JetBlue profitable. It seems as though JetBlue has strayed from their originalRead MoreEssay on What Is Strategy10770 Words à |à 44 Pagespermission to make this content available through such means. For rates and permission, contact permissions@harvardbusiness.org.à (Copyright applies to all Abstracts.) [pic] What Is Strategy? I. Operational Effectiveness Is Not Strategy For almost two decades, managers have been learning to play by a new set of rules. Companies must be flexible to respond rapidly to competitive and market changes. They must benchmark continuously to achieve best practice. They must outsource aggressively to gainRead MoreTrophy Hunting Is A Sport Essay2465 Words à |à 10 Pagescommunities and animal populations. Shaheideh 2 It was the first of July 2015, when a Southwest African lion was shot and killed at Matabeleland North National Park in Zimbabwe which resulted in an uproar like no other. In fact, according to a website known as ââ¬Å"The Guardian,â⬠the response that the world gave to this tragedy is, ââ¬Å"the largest reaction in the history of wildlife conservationâ⬠(Guardian1). The name of the lion was Cecil, who was killed illegally by an American dentist, Walter Palmer fromRead MoreProduct Distribution3331 Words à |à 14 Pagesfor to market a product through different sources. â⬠¢ Channel strategy â⬠¢ Gravity adventure â⬠¢ Push and Pull strategy â⬠¢ Product (or service) â⬠¢ Cost â⬠¢ Consumer location Managerial concerns The channel decision is very important. In theory at least, there is a form of trade-off: the cost of using intermediaries to achieve wider distribution is supposedly lower. Indeed, most consumer goods manufacturers could never justify the cost of selling direct to their consumers, except by mail order. Many
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