...Coach, Inc.: Is its Advantage in Luxury Handbags Sustainable? Prepared by: Date: June 10, 2014 SWOT Analysis Strength Weakness Brand Image Change in fashion trends Quality made products Diverse product line Pricing at 50% or more less than competitors Men’s accessories: 2% of sales Strong distribution capability Outerwear: 2% of sales Monthly product launches Business cases/luggage: 1% of sales Licensing agreements with other companies to make Coach-branded items Royalties: 1%; 2%; 1% of sales Diverse product line Regular customer service training programs Special Request service Customer loyalty International locations Opportunities Threats Increase online sales Counterfeiting Global expansion plan Consumers: knowingly buying counterfeits Consumers: NOT knowingly buying counterfeits Competition Economic recessions After examining the SWOT Analysis, it is obvious that Coach’s strengths far outweigh their weaknesses. Miles Cahn founded Coach in 1941. Cahn was a leather artisan who began producing ladies’ handbags with the aid of his family in their SoHo loft in New York City. For a family owned company to remain in business for 44 years, it is evident that Chan created a quality product that endured the test of time. When Cahn sold Coach to Sara Lee, she took the company to the next level of greatness. Granted, her first triumph took place over a decade later when she promoted Lew Frankfort to the head of the handbag...
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...Case Study Analysis 2 of Coach K: A Matter of the heart and Coach Knight: The will to win Valencia Carter Grand Canyon University Coach K and Coach Knight both achieved significant success during their college coaching careers. Both coaches possessed the knowledge, skills, and abilities to lead their teams to numerous victories. However, their approaches to this success were very different. Robert Katz and M.D. Mumford identified three skills that leaders should have to ensure their effectiveness and success. Those skills included: technical, human, and conceptual skills. Robert Blake and Jane Mouton developed a leadership grid that indicated behaviors of leaders that were based on people and results. Based on these two leadership models, the coaches were very diverse on the methods exercised to lead their teams. One coach was more concerned with human skills and development of people, while the other coach was more focused on technical skill and results. In employing the Katz and later studies of Mumford’s skills approach, Coach K is dedicated in promoting the development and growth within his team. He utilized his human skills in his ability to work with his team and other coaching staff to accomplish their goals (Northouse, p. 45). He created an environment of trust in where the team had faith in his leadership and each other. Coach K encouraged his team to rely on each other’s ideas and concepts and adapted them into his guidance of the team. He applied...
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...Case Study Analysis 2 of Coach K: A Matter of the heart and Coach Knight: The will to win Valencia Carter Grand Canyon University Coach K and Coach Knight both achieved significant success during their college coaching careers. Both coaches possessed the knowledge, skills, and abilities to lead their teams to numerous victories. However, their approaches to this success were very different. Robert Katz and M.D. Mumford identified three skills that leaders should have to ensure their effectiveness and success. Those skills included: technical, human, and conceptual skills. Robert Blake and Jane Mouton developed a leadership grid that indicated behaviors of leaders that were based on people and results. Based on these two leadership models, the coaches were very diverse on the methods exercised to lead their teams. One coach was more concerned with human skills and development of people, while the other coach was more focused on technical skill and results. In employing the Katz and later studies of Mumford’s skills approach, Coach K is dedicated in promoting the development and growth within his team. He utilized his human skills in his ability to work with his team and other coaching staff to accomplish their goals (Northouse, p. 45). He created an environment of trust in where the team had faith in his leadership and each other. Coach K encouraged his team to rely on each other’s ideas and concepts and adapted them into his guidance of the team. He applied...
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...Running Head: Case Study Analysis Paper 2: A Tale of Two Coaches Case Study Analysis Paper 2: A Tale of Two Coaches Harry A. Gkornean Grand Canyon University: LRD 600-0500: Leadership Styles and Development Dr. Terri Trent September 2, 2015 “Coach K: A Matter of the Heart” & "Coach Knight: A Will to Win” Overview This paper provides a leadership styles and skills analysis of two cases that separately discussed the professional careers of two leaders involved in similar kinds of activities. It presents two coaches – Coach K and Coach Knight - as achievers but distinguishes them in terms of the methodology used. This paper recognizes similar leadership attributes of these two leaders and distinguishes one from another in terms of their leadership style. It identifies Coach K more as a leader than Coach Knight whose attributes were more managerial. Leadership Skills Coach K was an efficient and successful leader who demonstrated excellent leadership skills as he led the Duke Basketball Team to becoming one of the most successful college basketball teams in America’s history (DeLacey, Perlow & Snook, 2005). His success can be attributed to the following leadership skills: competencies, individual attributes, and leadership outcomes, technical, human and conceptual skills. Similarly, Coach Knight was a very successful basketball coach at Indiana University and Texas Tech. According to DeLacey, Perlow & Snook (2005), he earned for himself one of the most enviable...
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...Managing Business Assignment Number One Module Code: 244SAM Assignment Title Coach Inc. Submission Date: 29/01/2016 (FT) 03/02/2016 (PT) Module Leader Jasper Tham Module Team N/A Submission Submission through Time and Place: Turnitin no later than 23:55 on the above date. Module learning outcomes being assessed LO1. Explain and assess the nature of the changing business environments. LO2. Propose, evaluate and communicate strategic options available to an organisation. Assignment Information This individual assignment requires you to write a 2500 word original assignment answering the following question/s: Task Consider the case of Coach Inc. in regards to its business strategy in the luxury goods market. Coach Inc. case is a popularity brand among young adult women. Industry statistics presented in the case indicated that young professionals are among the most frequent purchasers of “accessible luxury” goods such as Coach handbags. The case contains ample information for conducting an industry analysis and company situation analysis. You will be able to conduct an industry analysis (dominant economic characteristics, driving forces, five competitive forces and key success factors) and use the tools for company situation analysis (assessment of how well Coach’s strategy is working and SWOT analysis). The information in the case is to help you to understand or to analyse so as you can recommend the business positioning...
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...Business case studies determine and define the primary issues that a company faces in the modern world market. A well designed business case study can provide a detailed contextual analysis of limited conditions and their horizontal relationships to other entities. In the case of Coach, they are an international clothing accessory company with a reputation of making pristinely handcrafted items with unique designs and a label that represents over seventy years of craftsmanship. In order to fully understand Coach’s business model, empirical data must be collected and analyzed to include the historical and current financial statistics, an in-depth analysis of the company overall, an analysis of the company’s business model, and finally current issues and future forecast that affect the longevity of the enterprise. By studying the history of Coach, both investors and those with an interest in the company can gain insight into key factors that motivate company decisions. Background/History The history of Coach starts in 1941 in a small family run leather workshop with six primary artisans in Manhattan that had skills passed down from generation to generation. It was not long until leather good become sought after for their high quality and workmanship. Through the guidance of the longtime and current CEO, Lew Frankfort, Coach expanded their business from just 6 million dollars 30 years ago to current sales exceeding 3.6 billion dollars. (Coach, 2012) From 1941 to present, the...
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...Case Study Analysis Paper 3: A Tale of Two Coaches 1) Through your review of Fiedler's contingency model, would you say that the coaches are matched to their situation? Why or why not? Has this had an impact on their effectiveness? I believe that Coach Knight and Coach K are matched to their situation according to Fiedler’s Contingency Model. Contingency theory suggests that situations can be characterized in terms of three factors: leader–member relations, task structure, and position power (Northouse, 2010). 2) Using Situational Leadership II, provide evidence from the cases that show whether or not there is usage of the leadership styles by the two coaches, and adopt a position on whether or not you think the coaches are effective from this theoretical perspective. In: Business and Management Coach Analysis Case Analysis Paper 3: A Tale of Two Coaches Bonnie Hyatt Grand Canyon University Leadership Style and Development LDR-600 Kelly Jensen, MBA April 30, 2013 Case Analysis Paper 3: A Tale of Two Coaches Fiedler’s contingency theory is a “leader-match theory” (Northhouse, 2013, p. 135). It attempts to match the style of the leader with the situation and develop a match between the two. Coach Knight and Coach Krzyzewski (Coach K) were both effective in this leadership style because they produced winning teams. Coach Knight is a task driven leader who sores low on the least preferred co-worker scale (LPC). His primary focus was accomplishing the tasks...
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...Case Study Analysis Paper 1: A Tale of Two Coaches Clive S. Choat Ken Blanchard College of Business, MGT-600 10 December 2013 Case Study Analysis Paper 1: A Tale of Two Coaches Based on our learning from week one of our class, the purpose of this paper is to discuss the leadership perspectives manifested in both Bobby Knight and Mike Krzyzewski, coaches who have made significant marks in their field in college basketball. I hope to be able to identify the power bases both coaches rely upon, as well as whether their actions are more aligned with either a managerial role or leadership role. In addition, I hope to identify how significant the leadership traits have influenced their leadership, based on the five-factor personality model from our textbook readings, and has this affected the performance effectiveness of the coaches. I begin my report with some background information about the two coaches. Bobby Knight is the former head basketball coach for the United States Military Academy (USMA), Indiana University and Texas Tech University. Coach Knight is best described as a serious taskmaster who ran his team through the use of strict discipline, fear and intimidation. His aggressive style cost him his position after a twenty-nine year successful career at Indiana University for physically assaulting a player, the final straw in a string of violent actions he had displayed during games. In counterpoint, Mike Krzyzewski, who had served as a player under...
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...Case Analysis Paper 3: A Tale of Two Coaches Bonnie Hyatt Grand Canyon University Leadership Style and Development LDR-600 Kelly Jensen, MBA April 30, 2013 Case Analysis Paper 3: A Tale of Two Coaches Fiedler’s contingency theory is a “leader-match theory” (Northhouse, 2013, p. 135). It attempts to match the style of the leader with the situation and develop a match between the two. Coach Knight and Coach Krzyzewski (Coach K) were both effective in this leadership style because they produced winning teams. Coach Knight is a task driven leader who sores low on the least preferred co-worker scale (LPC). His primary focus was accomplishing the tasks. He did this through discipline and intimidation. He expected nothing less than perfection from his players. Relationships were developed secondary to meeting the goals. Coach K is a relationship-oriented coach who scores high on the LPC scale. He viewed his team as part of his family. He used positive reinforcement, open communication, and genuine caring support to motivate his team. Task accomplishments were secondary to relationships. Both coaches had strong positions of power. They could exercise full authority developing the program and choosing which players would make the team and which players would not make the team. Coach Knight and Coach K used different leadership styles. They were matched to their situation solely on the fact they developed winning teams. Situational leadership theory attempts...
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...Running head: CASE STUDY ANALYSIS PAPER 1: A TALE OF TWO COACHES Case Study Analysis Paper 1: A Tale of Two Coaches December 19, 2012 Bobby Knight is an American college basketball coach. He has the most coaching victories in NCAA men's basketball history. His 1975–76 Indiana University team had a perfect 32–0 record and went on to win the NCAA championship. He was the coach for the U.S. men's basketball team in 1984 and led them to Olympic gold. His temper was legendary and in 2000 he was fired from Indiana. (Bobby Knight Biography, 2012) Duke's Mike Krzyzewski is known as "Coach K”. He is known as “Coach K” to friends and admirers because "Krzyzewski" is hard to say and spell. He has the most notable record in college basketball. He has four national championships and has more wins than any other active men's basketball coach. Only Bobby Knight, who was his mentor from West Point, has more wins. (Zegers, n.d.) They are two of the most successful basketball in history. They share leadership styles, yet these styles are very different. Bobby Knight is an in your face type of coach. He uses fear and leads by using rewards and punishments. He uses tight supervision and control. Coach K believes in empowering his players and sets high goals and maintains standards. He leads with respect. He leads through personal power of being referent. Both coaches are passionate, disciplined, and competent in their jobs as a coach and care a lot for the players both on and off...
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...major complications with one group of participants. Over the last nine years the IMP has apparently been a very successful and fruitful program. The IMP 2000, however, includes three individuals that have not progressed efficiently and are way behind schedule with their project. With six weeks before the deadline, this specific project may have to be scrapped, but the following analysis will go into more detail about what can be done to make sure this situation does not happen in the future. Problem Identification 1. The team is constructed before identifying and completing the task analysis 2. After team formation, relationships are inappropriately developed and nurtured Diagnosis Proper team construction is designed to foster effectiveness. In this case, however, the team consisting of Herr Doctor Klaus Meier, Herr Werner Winkel, and Mr. John Caldwell has been dysfunctional and anything but effective. The first major problem we will address is the improper order in which the team was built. The designing and building of teams is supposed to follow three phases: Task Analysis, People and Relationships. In order for a team to be effective, it is important that these phases be completed sequentially. The root problem in this situation is the fact that the IMP 2000 team was built out of order. The team was...
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...Case Study Analysis Paper 1: A Tale of Two Coaches Rhodeanny31 Grand Canyon University: LDR-600-0101 September 23, 2014 Case Study Analysis Paper 1: A Tale of Two Coaches Intelligence, self-confidence, and determination are the leadership perspectives that have exhibited in both Coach Bob Knight and Coach Mike Krzyzewski (known as Coach K.). Coach Knight is known as the winningest coach in NCAA men’s basketball until Duke’s Coach Krzyzewski exceeded his spot. Coach Krzyzewski played under Coach Knight when they were both at West Point and he was a graduate assistant at Indiana University under Coach Knight (Snook, Perlow, & Delacey, 2005). Coach Knight and Coach K. are very successfully college basketball coaches who has different leadership styles of pursuing and producing a competitive goal of winners. Power Bases Relied Upon Coach Knight’s power bases are relied with a tight controlling type categorized by societal detachment between him and the basketball players he coaches. His leadership role consist of discipline and intimidation, sometimes goes too far. Coach Knight’s position of power is high reflected by his regular abuse of verbal and physical punishment. Based on his regular outburst of anger when he was “under stress”, he reverted to less developed ways learning in early developments (Northouse, 2004). Coach Knight emotional capabilities consist of high self-awareness, low self-regulation, high motivation, low empathy, and low social skills...
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...Table of Contents Executive Summary 3 Industry Success 3 Coach Strategy 3 Company and Industry Overview 4 Company Overview 4 Industry Overview 5 Apparel and Accessories Industry 5 Luxury Products Industry 5 Michael Porter’s five forces model 8 Competitive Force 1: Rivalry among Competing Sellers (Moderate) 9 Competitive Force 2: Threat of New Entrants (Low-Moderate) 9 Competitive Force 3: Threat of Substitute Products (Moderate-High) 10 Competitive Force 4: Bargaining Power of Suppliers (Low) 10 Competitive Force 5: Bargaining Power of Buyers (Low) 11 Industry Driving Forces 11 Increasing Globalization 12 Marketing Innovation 12 Changing Societal Concerns, Attitudes, and Lifestyles 13 Key success factors 13 Cost 13 Quality 14 Brand Image 14 Competitive strategy analysis 14 Vertical Integration 15 Transaction Cost Economics 15 Cooperative Strategies 16 Offensive Strategies 16 Defensive Strategies 17 First Mover Advantages 17 Financial Effects 17 SWOT Analysis 18 Strengths 19 Good Position – Strong Brand Image of “Affordable Luxury” 19 Excellent Customer Service 19 Strong Performance despite Weak Economy 19 Comprehensive Distribution Channels 19 Strong Financial Position 20 Weakness 20 Geographic Concentration 20 Dependence on Independent Manufacturers for Procuring Merchandise 20 Declining Operating Margins 20 Opportunities 20 Expanding Market 20 Joint-venture 21 Gaining Higher Revenue by Increasing Online Sales 21 Threats 21 Counterfeit...
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...Case Study Analysis: A Tale of Two Coaches, Part 3 Elida Roshi Grand Canyon University Leadership Styles and Development LDR-600 Shawna Wentlandt January 29, 2014 Case Study Analysis: A Tale of Two Coaches, Part 3 It is identified that the focus point of leadership is to achieve goals by encouraging people and directing them in the proper direction. Organizations consist of various departments and groups that are required to meet both short term and long term goals of the department and organization. For this reason an exceptional leader is needed to direct and inspire them throughout this process. The most important part of leadership is the quality of a leader to encourage others and offer enhancement and creativity in their submission of ideas and methods and that is exactly where the distinction between management and leadership falls. This author will focus accurately on this distinction illustrating Blanchard’s situational model and Fiedler’s contingency model on the two famous coaches’ leadership style. Furthermore, this writer will discuss which of the leadership styles utilized from them are more effective and what is impacting on their effectiveness. Based on Fiedler’s contingency model it is apparent that Coach Knight and Coach K are matched to their situations. As the Fiedler’s contingency model suggests leaders are assigned to a situation for their specified qualities and abilities and is more like a leader-match structure (Northouse, 2013). It is very...
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...Case Study Analysis Paper 1: A Tale of Two Coaches John Bentley Grand Canyon University Leadership Styles and Development LDR-600 Armando Sotero February 27, 2013 Case Study Analysis Paper 1: A Tale of Two Coaches It was the best of basketball and it was the best of basketball or was it. The purpose of this paper is to analyze the leadership styles of two successful NCAA basketball coaches: Bobby Knight and Mike Krzyzewski. First, the paper will identify the leadership perspective of each coach. Leadership Perspectives Coach Knight and Coach K were at the center of and embodied the will of their teams. Northouse (2010) described this as a process between the leader and followers…leaders affect followers and vice a versa. Coach night devised a system he expected the team to follow. He said to the players, “Follow our rules, do exactly what I tell you and you will not lose (Snook, Perlow, & Delacey, 2005).” In a similar fashion, Coach K taught discipline too. He invested heavily in drills and skills while focusing on the needs of each player…helping players become a team. Interesting enough they both had one rule to follow…don’t do anything that will harm the team (Snook, Perlow, & Delacey, 2005). Besides a leadership process, each coach used personality to influence team results (Northouse, 2010; “How does“, 2007). Coach Knight’s demanding behavior, meticulous plans and expecting perfection from players is evidence of a conscientiousness personality...
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