FINAL2cno video 1 Essay examples

Submitted By mowe89
Words: 1205
Pages: 5

Shouldice Hospital Ltd.
Team 1

External types of abdominal hernia

TEAM 1

HULT International Business School

Global Strategy

Shouldice – History
• Dr. Earle Shouldice
• Early ambulation
• Focus on external hernias
• 1945 – First hospital
• Rapid expansion
• Dr. Nicholas Obney

TEAM 1

HULT International Business School

Global Strategy

Strategic Framework
External
External Analysis
Analysis

Problem
Problem

SWOT
SWOT

Alternatives
Alternatives

Internal
Internal Analysis
Analysis

TEAM 1

HULT International Business School

Global Strategy

Recommendation
Recommendation

Problem Statement





TEAM 1

Capacity
Meeting demand
Competition
Quality standards

HULT International Business School

Expansion

Global Strategy

External analysis

TEAM 1

HULT International Business School

Global Strategy

SHTEEP

STEEP

PEST
PESTEL
STEEPLED

PESTLE
TEAM 1

HULT International Business School

STEER

SLEPT
Global Strategy

General Environment Factors
POLITICAL

LEGAL

• Lobbying for tax • Permission to deduction, open new permits, etc. hospital • Geographical
• OHIP extension OHIP • Construction
Permit
• IP Protection

TEAM 1

HULT International Business School

ECONOMICAL

DEMOGRAPHIC

• Very stabile
• Population economical Pyramid climate • Average age
• Close economical ties
• Inelastic Product

Global Strategy

TECHNOLOGICAL

• Technological advancements • Digital marketing Porter’s Five Forces


LOW •


Threats of new entrants

• Expensive
• Small scale

MEDIUM

TEAM 1

HIGH

Bargaining power of suppliers • Almost no differentiation • No price wars
HULT International Business School

Competitive rivalry Threats of substitute service

Highly regulated
Trained staff
Capital requirements
Economies of scale

Bargaining power of buyers LOW

Global Strategy

LOW

• Urgency
• No alternative

• Fragmented
• Price inelastic
• Highly dependent on service

Key Success Factors
• Efficiency
• Quality standards
• Legal standards
• Prestige
• Competitive price
• Patient care

TEAM 1

HULT International Business School

Global Strategy

Opportunities and threats
Strengths
Opportunities

• Huge potential for expansion
• Increasing demand

TEAM 1

HULT International Business School

Weaknesses
Threats





IP infringements
High suppliers power
Technological advancements
Niche

Global Strategy

Internal analysis

TEAM 1

HULT International Business School

Global Strategy

Competitive Advantage
Intangible

TEAM 1

Tangible

VRIN

Technique

Brand

Facilities

Employees

Valuable

Yes 

Word of mouth 

Symbol 

Experienced 

Rare

Niche 

Unique niche 

No



Hospitals generally have qualified staff 

Inimitable

No IP rights  Is being used 

No



Hard to gain same experience 

Nonsubstitutable

Core of the business 

Closely
No
connected to the brand 



Few doctors with same experience 

HULT International Business School

Global Strategy

The Shouldice experience
Distinctive
Distinctive
Technique
Technique

Comprehensive
Comprehensive
Patient
Patient
Experience
Experience

Thoughtful
Thoughtful
Employee
Employee
Policies
Policies

Experienced
Experienced
Staff
Staff

TEAM 1

HULT International Business School

Global Strategy

Value Chain

None of the factors need to be optimized. Shouldice has been the market leader since its opening in 1945.
TEAM 1

HULT International Business School

Global Strategy

Business and Corporate Level Strategies
Business Level Strategy
Differentiation Focus = pursuing strategic differentiation within a focused market




Unique surgical technique/operation
Serve in a niche market
Remained market leader since their opening

Corporate Level Strategy



Shouldice hospital is only a single business unit, selling a single product/operation at the moment
The business corporation remains in the abdominal wall hernia repairs

TEAM 1

HULT International Business School

Global Strategy

SWOT
Strengths

Weaknesses

Opportunities

Threats

• The Shouldice experience