Case 3 Doosan Infracore International

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Mohawk College *

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1001

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Information Systems

Date

Apr 3, 2024

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docx

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2

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Case: Doosan Infracore International Date: 7 th November 2023 Student Name: Hitesh Hitesh 1) Main management question (dilemma to be solved): Should Doosan Infracore International (DII) implement an immediate re-branding strategy? 2) Analysis of the situation (qualitative/quantitative): We can perform a qualitative/quantitative analysis of the situation to form a decision criterion. Immediate Re-branding Co-Branding Strategy Extended Retention Do nothing (Keep the IR Brand) Cost (more is bad) *** ** ** * Risk *** * ** *** Ease of implementation * ** ** *** 3) Alternatives (distinct options that answer the management question): Transition all IR products to the Doosan brand quickly. Implement a phased approach, co-branding with IR for 12-24 months, then transitioning to Doosan. Keep the IR brand for the full five years before transitioning to Doosan. Retain the IR brand name as long as possible, possibly renegotiating brand use agreement. 4) Decision Criteria (to be used to evaluate the alternatives and recommend one): Risk: Risk is a crucial decision criterion because it helps evaluate potential negative consequences, including customer loyalty erosion, market disruptions, financial and operational risks, market rejection, and competitive threats, associated with each branding strategy alternative 5) Alternative recommended and why: Considering risk as a decision criterion, the "Keep the IR Brand" alternative would be the best choice, as it presents lower risks compared to the other alternatives. It provides stability while allowing time to transition to Doosan gradually, addressing customer concerns. This approach minimizes the potential disruption in the market, making it a more risk-averse option. However, it is essential to assess the terms and conditions of the brand use agreement to ensure alignment with Doosan's long-term objectives. 6) Action plan (to implement the alternative recommended): The action plan for keeping the IR brand involves gradual transition, regular customer feedback assessment, budget allocation for Doosan brand promotion, global consistency, and a
contingency plan while ensuring legal compliance and internal alignment.
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