Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas Table of Contents I. Company Overview .................................................................................................. 1 II. Mission and Vision .................................................................................................... 2 A. Mission ............................................................................................................... 2 B. Vision ................................................................................................................. 2 C. Strategies ........................................................................................................... 3 III. Industry Portfolio Analysis ..................................................................................... 3 A. EFE Matrix ......................................................................................................... 3 B. IFE Matrix ........................................................................................................... 5 IV. Competitive Profile Matrix...................................................................................... 8 V. SWOT Matrix ....................................................................................................... 11 VI. Matrices for Decision-Making Stage .................................................................... 14 A. SPACE Matrix .................................................................................................. 14 B. IE Matrix ........................................................................................................... 16 VII. Criteria for Choosing Strategies .......................................................................... 17 VIII. Evaluation of Strategies....................................................................................... 18 IX. Top Strategies ..................................................................................................... 21 X. Decision Stage: QSPM ........................................................................................ 22 XI. 2-Year Strategic Plan .......................................................................................... 28 XII. Monitoring of Strategy ......................................................................................... 29 XIII. Strategic Management Process: What Went Wrong ........................................... 30 1 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas I. Company Overview Sixteen conservationists have issued the Morges Manifesto in April 1961 which messaged the world for support towards the preservation of wildlife here on Earth. Among the organizations involved with this Manifesto was the International Union for the Conservation of Nature (IUCN) and The Conservation Foundation. This spurred the creation of World Wildlife Fund (WWF) by September 1961 in the headquarters of IUCN in Morges, Switzerland with Prince Bernhard of Lippe-Biesterfeld as its first president (WWF, History, 2019). The panda that appeared in WWF’s logo since 1961 is based on the panda ChiChi which was living in London Zoo on the same year. This logo was selected because the founders believed that it breaches language barriers and can connect with the world (WWF, Giant Panda, 2019). This symbol also helps represent the vision WWF has for itself which is “to build a future in which people live in harmony with nature.” With the collective action from people around the world, WWF has shifted from saving species and preserving landscapes through the acquisition of wildlife properties and converting them to reserves and parks to an organization which addresses larger global threats and forces that impact them. This shift also changed the name to World Wide Fund for Nature in 1986. With the humans being the center of its strategies, WWF’s vision is put into motion within 6 key areas which are the forests, marine, wildlife, freshwater, food, and climate (WWF, Our Works, 2019). WWF is headed by Pavan Sukhdev as its CEO and President and HRH the Duke of Edinburgh as the President Emeritus. Located in Gland, Switzerland, WWF International coordinates with all its offices around the world and distributing resources where it is most needed. WWF offices are structured under two categories namely the National Organizations (NO) and the Programme Offices (PO). Currently, there are 30 NOs and 20 POs around the world with the former acting as a separately organized entity under existing laws of the country in which they operate in and the latter being the one operating the different projects of WWF and is under its different home offices such as the WWF International and WWF United States of America (USA) (WWF, Network Decision-Making, 2013). 1 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas II. Mission and Vision A. Mission “To conserve nature and reduce the most pressing threats to the diversity of life on Earth.” The existing mission statement of WWF, as straightforward as it may seem, is somehow insufficient and very broad. They failed to balance the specificity and broadness of the statement. This could be achieved by adding specific ways of achieving their goals. They should also consider adding statements that promote long term goals and encouragement not only to the company’s employees and staff but also to people worldwide because they also form a huge part of the company. “To conserve and sustain the improvement of nature by reducing the most pressing threats to the diversity of life on Earth through wildlife preservation, local government intervention and encouraging global participation from people.” This suggested mission statement for the company maintains the original idea but gives more specific way on how to achieve its goal, therefore, balancing the broadness and specificity of its intention. This also makes its goals effective in the long run, therefore, stimulates encouragement and inspiration to both its workers and those who they are working for. B. Vision “To build a future in which people live in harmony with nature.” This already exhibits a very good vision statement because it ultimately speaks of the best outcome that the company can achieve. It also stimulates emotion and talks about an issue that is very pressing worldwide and is of everybody’s concern. Simple as it can be, it is very powerful and clear on what really the company is all about and why they really need to exist given the present status of the world. 2 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas C. Strategies 1. The needs of human, as well as wildlife, are taken into account. 2. The slogan for curbing over-exploitation is “Turtles are worth more alive than dead”. 3. Conservation activities are based on scientific knowledge. 4. Objectives are achieved through teamwork with partners and specialists. 5. Case studies feed-back as conservation models into future actions with lessons learned. 6. Horizontal transfer of best practices is stimulated by promoting encounters among peers. 7. Alliances and coordination with stakeholders are requirements for undertaking the challenge of conservation. 8. We intervene at various levels, supporting local, national and international initiatives, from a regional perspective. 9. The plan responds with dynamism and flexibility to emerging threats and opportunities. 10. The plan’s activities are evaluated using indicators of success, achievement and performance. III. Industry Portfolio Analysis A. EFE Matrix The External Factor Evaluation Matrix allows strategists to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information. The highest possible total weighted score for an organization is 4.0 and the lowest possible total weighted score is 1.0, regardless of the number of key opportunities and threats listed. The average total weighted score is 2.5. 3 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas The organization is responding well to existing opportunities and threats in its industry. Its strategies effectively take advantage of existing opportunities and minimize the potential adverse effects of external threats 4 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas EFE MATRIX Key External Factors Weight Rating Weighted Score Opportunities 1.) Building on WWF’s social media presence (Twitter, Instagram, etc.) 0.08 3 0.24 2.) Global Market by working and partnering with governments, organizations and other entities from various countries, for Sustainable Development Goals 0.10 4 0.40 3.) Environmental concerns and climate change control talks from United Nations 0.09 3 0.27 4.) Service and product development to mitigate the steady decline of global condition of wildlife and wild areas 0.09 4 0.36 5.) Local collaboration through community development 0.10 3 0.30 6.) Increasing environmental regulations, an opportunity to formulate new strategies goals 0.07 2 0.14 1.) Competitors (leading wildlife and habitat conservancy nonprofit organizations) who have operational efficiency 0.08 2 0.16 2.) People find it hard to change their lifestyles and behaviors especially for environmental care 0.1 1 0.10 3.) Similar mission statement: "focuses on achieving conservancy through collaborative partnerships" with other organizations, specifically "The Nature Conservancy" - a competitor of the WWF 0.06 2 0.12 4.) Economic downturns which can lead to limited grant from the government 0.08 2 0.16 5.) Changing political scenarios like Brexit 0.06 2 0.12 6.) Allegations related to misappropriation of funds by using environmental care as a front such as the Green washing allegations 0.09 2 0.18 Threats 1.0 4 2.55 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas “Global Market by working and partnering with governments, organizations and other entities from various countries, for Sustainable Development Goals” is the most important factor, with a weight of 0.09 and a weighted score of 0.40. The “Service and product development to mitigate the steady decline of global condition of wildlife and wild areas” is also an important factor with a 0.09 weight and a 0.36 weighted score. The organization needs to capitalize more on the threat: “People find it hard to change their lifestyles and behaviors especially for environmental care”, as indicated by the 1 rating and the lowest weighted score of 0.10. Considering that this factor is very challenging as it involves human behavior and lifestyle, which is oftentimes hard to change, the organization can still come up with strategies like making movements for food companies to use less environmentally hazardous materials like replacing plastics with papers, etc., and implement them. The total weighted score is 2.55 which is above the average of 2.5. This indicates that the organization is doing well. But it can always improve and strive to reach the highest possible weighted score of 4.0. B. IFE Matrix A strategy-formulation tool which summarizes and evaluates the major strengths and weaknesses in the functional areas of a business, and it also provides a basis for identifying and evaluating relationships among those areas. Similar to the EFE matrix, the total weighted score can range from a low of 1.0 to a high of 4.0, with the average score being 2.5. The two most important internal factors for the organization are: “Sustainable goals focusing on forests, oceans, freshwater, wildlife, food, climate and species - 0.08 weight and 0.32 weighted score” and “Monetary assistance provided by the government and other private sectors - 0.09 weight and 0.36 weighted score” 5 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas Also, the weakness: “Limited human resources especially experts who can research on actions for environmental care” can be considered a strong problem for the organization and must be attended to. The total weighted score is 2.82 which leans on the strong internal position side. The organization is above average internally but there is still room for improvement. 6 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas IFE MATRIX Key Internal Factors Weight Rating Weighted Score Strengths 1.) Brand name well known to a lot of people especially environmentalist 0.07 4 0.28 2.) Garnered political spotlight due to former US President Obama’s environmental supports 0.04 4 0.16 3.) Strong impact of marketing advertisements 0.05 3 0.15 4.) Surplus in accumulated funds 0.04 3 0.12 5.) Monetary assistance provided by the government and other private sectors 0.08 4 0.32 6.) Sustainable goals focusing on forests, oceans, freshwater, wildlife, food, climate and species 0.09 4 0.36 7.) Actively seeks to influence governments globally to pursue conservation actions 0.04 3 0.12 8.) Partnerships with big companies such as IKEA, Avon and Coca-Cola 0.05 4 0.20 9.) Efficient and effective fundraising and fund allocation according to charity network 0.06 4 0.24 10.) Longstanding campaigns such as Earth Hour 0.05 3 0.15 1.) Has a broad range of objectives, which may lead to employee exploitation or nonfulfillment of the goal 0.05 2 0.10 2.) Willingness to make compromise (allows hunting as a sport which many sees as a betrayal) 0.04 2 0.08 3.) Low pay to employees which is a factor of a high employee turnover 0.03 2 0.06 4.) Exploited employees - one review states that line staff members get no acknowledgement from managerial staff members 0.04 2 0.08 5.) The business model can be easily imitated by the competitors 0.04 2 0.08 6.) Limited human resources especially experts who can research on actions for environmental care 0.05 1 0.05 7.) Subject to different laws and regulations based on the countries they are involved with 0.05 2 0.10 8.) Company culture differs from one division to another due to geographical separation 0.04 1 0.04 9.) Mismanagement of volunteers 0.04 2 0.08 10.) Inability to attract the best hand in the industry to manage the organization due to factors such as low pay and lack of employee support 0.05 1 Weaknesses 1 7 0.05 2.82 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas IV. Competitive Profile Matrix The Competitive Profile Matrix (CPM) identifies a firm’s major competitors and its particular strengths and weaknesses in relation to a sample firm’s strategic position. The ratings refer to strengths and weaknesses, where 4 = major strength, 3 = minor strength, 2 = minor weakness, and 1 = major weakness. The CPM above shows the WWF’s position relative to its competitors. The top three competitors of WWF are The Nature Conservancy, Conservation International and Wildlife Conservation Society. The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters. Conservation International is an American non-profit environmental organization dedicated to protecting nature as a source of food, fresh water, livelihoods and a stable climate. Lastly, the Wildlife Conservation Society is an international NGO whose mission is to save wildlife and wild places worldwide through science, conservation action, education, and inspiring people to value nature. Hundreds of factors can impact the success of a non-profit organization. The Critical Success Factors listed below are considered significant to a non-profit organization’s ability to launch and sustain successful programs. Impact and Effectiveness of Programs - the organization's mission is effectively carried out in its programs and desired results are achieved. Competent employees and staff- effectiveness of a non-profit largely depend on employing an appropriate number of staffs who are talented, adequately trained, skilled and properly supported and compensated. Fund Raising Ability - the ability of the organization to bring more resources to the table. Financial Performance - efficient non-profit organization keeps its administrative expenses below 15% and fundraising expenses below 10%. Governance - Strong leadership runs the organization. 8 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas Clear Mission and Vision - The non-profit should communicate its mission clearly too all its stakeholders — board, staff, donors, volunteers, partners, and the general public — so that everyone understands its goals and works toward a common purpose. Adaptability - the organization ability to address changes and effectively innovate new programs to adapt to such changes Global Presence - the organization has existing operations and programs in different countries throughout the globe. The most important factors to being successful in the industry are “Impact and Effectiveness of Programs,” “Fund Raising Ability,” “Financial performance,” and “Clear Mission and Vision,” as indicated by weights of 0.14 and 0.13. TMFP is strongest on “Impact and Effectiveness of Programs,” “financial performance” as indicated by a rating of 4. Overall, the strongest of three is WWF with a total score of 3.27, followed by Wildlife Conservatory, Nature Conservatory, and Conservation International with a score of 3.16, 3.15 and 2.91 respectively. 9 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas Competitive Profile Matrix World Wildlife Fund Critical Success Weight Factors Impact and Effectiveness of Programs 0.14 Competent employees and staff 0.11 Nature Conservancy Conservation International Wildlife Conservation Society Rating Score Rating Score Rating Score Rating Score 4 0.56 4 0.56 4 0.56 4 0.56 3 0.33 3 0.33 3 0.33 3 0.33 Fund Raising Ability 0.14 3 0.42 3 0.42 3 0.42 4 0.56 Financial Performance 0.13 4 0.52 3 0.39 3 0.39 3 0.39 Governance Clear Mission and Vision 0.12 3 0.36 3 0.36 3 0.36 3 0.36 0.13 3 0.39 3 0.39 3 0.39 3 0.39 Adaptability 0.12 3 0.36 4 0.48 2 0.24 2 0.24 Global Presence 0.11 3 0.33 2 0.22 2 0.22 3 0.33 TOTAL 1.00 3.27 3.15 10 2.91 3.16 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas V. SWOT Matrix SWOT Strengths 1.) Brand name well known to a lot of people especially environmentalist 2.) Garnered political spotlight due to former US President Obama’s environmental supports 3.) Strong impact of marketing advertisements 4.) Surplus in accumulated funds 5.) Monetary assistance provided by the government and other private sectors 6.) Sustainable goals focusing on forests, oceans, freshwater, wildlife, food, climate and species 7.) Actively seeks to influence governments globally to pursue conservation actions 8.) Partnerships with big companies such as IKEA, Avon and Coca-Cola 9.) Efficient and effective fundraising and fund allocation according to charity network 10.) Longstanding campaigns such as Earth Hour Weaknesses 1.) Has a broad range of objectives, which may lead to employee exploitation or nonfulfillment of the goal 2.) Willingness to make compromise (allows hunting as a sport which many sees as a betrayal) 3.) Low pay to employees which is a factor of a high employee turnover 4.) Exploited employees - one review states that line staff members get no acknowledgement from managerial staff members 5.) The business model can be easily imitated by the competitors 6.) Limited human resources especially experts who can research on actions for environmental care 7.) Subject to different laws and regulations based on the countries they are involved with 8.) Company culture differs from one division to another due to geographical separation 9.) Mismanagement of volunteers 10.) Inability to attract the best hand in the industry to manage the organization due to factors such as low pay and lack of employee support Opportunities 11 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas 1.) Building on WWF’s social media presence (Twitter, Instagram, etc.) 2.) Global Market by working and partnering with governments, organizations and other entities from various countries, for Sustainable Development Goals 3.) Environmental concerns and climate change control talks from United Nations 4.) Service and product development to mitigate the steady decline of global condition of wildlife and wild areas 5.) Local collaboration through community development 6.) Increasing environmental regulations, an opportunity to formulate new strategies goals Threats 1.) Competitors (leading wildlife and habitat conservancy non-profit organizations) who have operational efficiency 2.) People find it hard to change their lifestyles and behaviors especially for environmental care 3.) Similar mission statement: "focuses on achieving conservancy through collaborative partnerships" with other organizations, specifically "The Nature Conservancy" - a competitor of the WWF 4.) Economic downturns which can lead to limited grant from the government 5.) Changing political scenarios like Brexit 6.) Allegations related to misappropriation of funds by using environmental care as a front such as the Green washing allegations 12 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas SO Strategies WO Strategies 1. Use social media as a platform to 1. Use social media tools to attract raise awareness on environmental issues and engage potential volunteers (W6, O1) (S3, O1) 2. Provide productivity incentive 2. Partner with a country’s schemes to employees with innovative government to formulate stronger national ideas in creating new programs and laws for environmental protection (S2, S7, services (W3, W10, O4) O6, O2) 3. Appoint new Practice Leaders on 3. Create marketing advertisements Wildlife, Forests, Markets, Climate and on how to combat climate change and Energy, Water, Ocean and Governance reduce greenhouse gas emissions (S3, (W9, O6) O3) ST Strategies WT Strategies 1. Boost donations through IKEA, 1. Expand operations on another Avon, and Coca-Cola by creating fund- Asian country such as Taiwan (T4, W1) raising programs to donate a part of the selling price to WWF (S8, T1, T4) 2. Re-evaluate the mission statement and narrow down the objectives (W1, T3) 2. Use ‘social proofs’ to reinforce the feeling of trust and motivate a prospective 3. Enhance the current mobile app by donor. Ex: Testimonials from top including online payment portal, influencers (S1, T6) documentaries and educational games on how to take care of nature (W5, T1, T3) WWF is among the leading organization within its industry, and it needs to retain this position. SWOT analysis aids in identifying the strategies that can be used by the company to build on its strengths, eliminate its weaknesses while making the most of opportunities and countering threats. Identifying the best strategies to employ is the key for this non-profit organization to survive and prosper in an increasingly competitive environment. 13 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas VI. Matrices for Decision-Making Stage A. SPACE Matrix Financial Position Factor Rate Net assets rose by 12.24% from 2013-2014 5 Cash inflows from fundraising increased by 3.80% 6 Debt Ratio by 2014 is 0.27 which is a little higher than those of the competitors 2 Revenue and support increased by 4.35% from 2013 to 2014 1 Average 3.5 Industry Position Factor Rate Rising issue about Climate change 6 Issues on animal poaching and trafficking 5 Support from Government in nature preservations 7 Average 6 Competitive Position Factor Rate WWF have around 130 countries affiliated with -1 Partnership with big companies such as AVON and IKEA -4 Worldwide marketing programs like Earth Hour -2 Average -2.33 Stability Position Factor Rate Allegations on misappropriation of funds -6 Support from US government and banks -2 Support from big companies as mentioned in the competitive position -1 Average -3 X-axis 3.67 Y-axis 0.5 14 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas WWF on the aggressive quadrant hence the company should take advantage of the opportunities mentioned earlier in order to overcome weaknesses and threats. According to Fred David’s Strategic Management book the following are the recommended strategies for companies under the aggressive quadrant: Market penetration, market development, product development, backward integration, forward integration, backward integration, horizontal integration or diversification. 15 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas B. IE Matrix The plotted point is based on the IFE average (2.82) and EFE average (2.37). WWF fell in the 5th dimension with a general strategy of holding and maintaining by market penetration or product development. 16 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas VII. Criteria for Choosing Strategies The group set the following criteria in laying out the best strategies for the company: Criteria Weight Consideration of the results of the SPACE Matrix 25 Consideration of the results of the IE Matrix 25 Coherence with the Vision and Mission 15 Feasibility of the strategy considering the current financial condition 15 Effectiveness in raising awareness 20 TOTAL 100 17 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas VIII. Evaluation of Strategies Consideration of Consideration of the results of the the results of the SPACE Matrix IE Matrix (25) (25) SO 1. Use social media as platform to raise awareness on environmental issues (S3, O1) 2. Partner with a country’s government to formulate stronger national laws for environmental protection (S2, S7, O6, O2) 3. Create marketing advertisements on how to combat climate change and reduce greenhouse gas emissions (S3, O3) WO 1. Use social media tools to attract and engage potential volunteers (W6, O1) Coherence with the Vision and Mission (15) Feasibility of the Effectiveness strategy in raising considering the Total awareness current financial (20) condition (15) 20 20 15 15 20 90 24 25 15 10 18 92 25 25 15 10 20 95 23 23 13 13 20 92 18 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas 2. Provide productivity incentive schemes to employees with innovative ideas in creating new programs and services (W3, W10, O4) 3. Appoint new Practice Leaders on Wildlife, Forests, Markets, Climate and Energy, Water, Ocean and Governance (W9, O6) ST 1. Boost donations through IKEA, Avon, and Coca-Cola by creating fund raising programs to donate a part of the selling price to WWF (S8, T1, T4) 2. Use ‘social proofs’ to reinforce the feeling of trust and motivate a prospective donor. Ex: Testimonials from top influencers (S1, T6) WT 1. Expand operations on other Asian country such as the Taiwan (T4, W1) 2. Re-evaluate the mission 24 24 14 14 18 94 20 20 13 12 16 81 24 24 15 12 15 90 22 22 13 15 20 92 24 24 13 13 19 93 19 19 10 15 15 78 19 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas statement and narrow down the objectives(W1, T3) 3. Enhance the current mobile app by including online payment portal, documentaries and educational games on how to take care of nature (W5, T1,T3) 25 24 13 20 15 20 97 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas IX. Top Strategies Enhance the current mobile app by including online payment portal, documentaries and educational games on how to take care of nature (W5,T1,T3) Create marketing advertisements on how to combat climate change and reduce greenhouse gas emissions (S3, O3) Provide productivity incentive schemes to employees with innovative ideas in creating new programs and services (W3, W10, O4) Expand operations on other Asian country such as the Philippines (T4,W1) 21 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas X. Decision Stage: QSPM Create marketing advertisements on how to combat climate change and reduce greenhouse gas emissions (S3, O3) Provide Enhance the current productivity mobile app by incentive schemes Expand including online to employees with operations on payment portal, innovative ideas in other Asian documentaries and creating new country such educational games on programs and as the Taiwan how to take care of services (W3, W10, (T4,W1) nature (W5,T1,T3) O4) Key factors AS Key External Factors TAS AS TAS AS TAS AS TAS Opportunities 1.) Building on WWF’s social media presence (Twitter, Instagram, etc.) 2.) Global Market by working and partnering with governments, organizations and other entities from various countries, for Sustainable Development Goals 3.) Environmental concerns and climate change control talks from United Nations 4.) Service and product development to mitigate the steady decline of global condition of wildlife and wild 0.08 3 0.24 2 0.16 4 0.32 1 0.08 0.10 3 0.3 4 0.4 2 0.2 1 0.1 0.09 0 0 0 0 0 0 0 0 0.09 4 0.36 3 0.27 2 0.18 1 0.09 22 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas areas 5.) Local collaboration through community 0.10 development 6.) Increasing environmental regulations, an opportunity 0.07 to formulate new strategies goals 0 0 0 0 0 0 0 0 4 0.28 3 0.21 2 0.14 1 0.07 Threats 1.) Competitors (leading wildlife and habitat conservancy nonprofit organizations) who have operational efficiency 2.) People find it hard to change their lifestyles and behaviors especially for environmental care 3.) Similar mission statement: "focuses on achieving conservancy through collaborative partnerships" with other organizations, specifically "The Nature Conservancy" a competitor of the WWF 4.) Economic downturns which can lead to limited grant from the government 5.) Changing political scenarios like Brexit 0.08 1 0.08 3 0.24 4 0.32 2 0.16 0.1 4 0.4 2 0.2 3 0.3 1 0.1 0.06 0 0 0 0 0 0 0 0 0.08 2 0.16 3 0.24 4 0.32 1 0.08 0.06 0 0 0 0 0 0 0 23 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas 6.) Allegations related to misappropriation of funds by using environmental care as 0.09 a front such as the Green washing allegations 0 1.0 0 0 0 0 0 0 0 0 Key Internal Factors Strengths 1.) Brand name well known to a lot of people especially environmentalist 2.) Garnered political spotlight due to former US President Obama’s environmental supports 3.) Strong impact of marketing advertisements 4.) Surplus in accumulated funds 5.) Monetary assistance provided by the government and other private sectors 6.) Sustainable goals focusing on forests, oceans, freshwater, wildlife, food, climate and species 7.) Actively seeks to influence governments globally to pursue conservation actions 0.07 3 0.21 4 0.28 2 0.14 1 0.07 0.04 0 0 0 0 0 0 0 0 0.05 4 0.2 3 0.15 2 0.1 1 0.05 0.04 1 0.04 2 0.08 4 0.16 3 0.12 0.08 3 0.24 4 0.32 1 0.08 2 0.16 0.09 4 0.36 3 0.27 2 0.18 1 0.09 0.04 3 0.12 4 0.16 2 0.08 1 0.04 24 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas 8.) Partnerships with big companies such as IKEA, Avon and Coca-Cola 9.) Efficient and effective fundraising and fund allocation according to charity network 10.) Longstanding campaigns such as Earth Hour 0.05 0 0 0 0 4 0.2 1 0.05 0.06 3 0.18 2 0.12 4 0.24 1 0.06 0.05 0 0 0 0 0 0 0 0 Weaknesses 1.) Has a broad range of objectives, which may lead to employee exploitation or nonfulfillment of the goal 2.) Willingness to make compromise (allows hunting as a sport which many sees as a betrayal) 3.) Low pay to employees which is a factor of a high employee turnover 4.) Exploited employees one review states that line staff members get no acknowledgement from managerial staff members 5.) The business model can be easily imitated by the competitors 0.05 0 0 0 0 0 0 0 0 0.04 0 0 0 0 0 0 0 0 0.03 0 0 0 0 0 0 0 0 0.04 0 0 0 0 0 0 0 0 0.04 1 0.04 2 0.08 4 0.16 3 0.12 25 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas 6.) Limited human resources especially experts who can research on actions for environmental care 7.) Subject to different laws and regulations based on the countries they are involved with 8.) Company culture differs from one division to another due to geographical separation 9.) Mismanagement of volunteers 10.) Inability to attract the best hand in the industry to manage the organization due to factors such as low pay and lack of employee support 0.05 1 0.05 2 0.1 3 0.15 4 0.2 0.05 0 0 0 0 0 0 0 0 0.04 0 0 0 0 0 0 0 0 0.04 0 0 0 0 0 0 0 0 0.05 2 0.1 1 0.05 3 0.15 4 0.2 1 3.36 3.33 26 3.42 1.84 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas In 2013, WWF launched its very own mobile application with the following features: In-depth, interactive stories of endangered animals, including giant pandas, tigers, elephants, marine turtles and polar bears. Playful interactive elements that incorporate iPad’s unique features. Origami of each animal that folds up, creating an animated video you can share with your friends and family through Facebook, email and Twitter — plus, download instructions for making your own origami. 3D interactive globe - discover exactly how far away you are from 60 different animals around the world. Stunning high-definition, full-screen videos and image galleries, featuring photos by renowned environmental photographer Morten Koldby. Cool and unusual animal facts. (Do you know what a panda and a stick of butter have in common?) Multiple ways to get involved and help protect these amazing animals. The group believes that this app needs further improvement. Therefore, enhancing this application can be the best strategy of the company. This strategy can be backed up by the QSPM result that the group has come up with. The new features will include updated online payment methods, documentaries and games. For the online payment, new apps shall be incorporated like bank transfers, PayPal and paymaya. It will be like an app within an app. These can ease out transactions and boost donations. People just have to click few buttons. There will be more videos to be posted. These can be in forms of marketing advertisements to attract donors or informational videos about the current condition of the wildlife. These videos could strike the heart of the people in order to preserve the environment hence attaining the goal of the company. Lastly, the games will be made especially for kids. Example games would include caring for panda and plant a tree. These are simple games but they can earn points and 27 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas freebies while virtually helping the environment. As cliché as it sounds, teach them at young age so that when they grow older they would be able to implement those lessons. XI. 2-Year Strategic Plan 28 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas XII. Monitoring of Strategy External opportunities and threats and internal strengths and weaknesses that represent the bases of current strategies should continually be monitored for change. It is not a question of whether these factors will change, but rather when they will change, and in what ways. Reviewing the underlying bases of an organization’s strategy could be approached by measuring organizational performance. This activity includes comparing expected results to actual results, investigating deviations from plans, evaluating individual performance, and examining progress being made toward meeting stated objectives. The goal of the chosen strategy is to reach and engage new member, improve communication, ease of online donation, interaction with members, and increase donation. An increase in the number of volunteers and volume of donation after launching the enhanced mobile app, indicates the effectiveness of the chosen strategy in achieving its goals. 29 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas XIII. Strategic Management Process: What Went Wrong Being in the industry for more than 50 years, the company had a lot of ups and downs. They have encountered problems that challenged their business operations. Being a non-profit organization while trying to achieve diverse environmental goals, the company had to strategize well in order to properly allocate limited resources. From the strategy that they are currently implementing, the group discovered the step wherein they slightly faltered which led to failures in their strategy implementation. This step is the very first step which is the formulation of the mission statement the mission was not specific enough hence the group suggested the improved mission statement mentioned in the first part of this paper. Since their mission was faulty, the members were not working towards a common goal. Allegations about misappropriation of funds instead of using them to achieve their goal has sprouted. However, the group cannot deny the fact that this is just a minor lax. The company is doing well in terms of earning the sympathy of the global humans in order to promulgate environmental awareness. 30 Strategic Management Case Study Alcantara-Apolinario C-Pagal- Pamplona- Rojas References: "2014 Annual Report." n.d. www.worldwildlife.org. https://www.worldwildlife.org/pages/2014-annual-report. Empowering Communities. n.d. https://www.worldwildlife.org/initiatives/empowering- communities. "Living Planet Report 2014." n.d. www.worldwildlife.org. https://www.worldwildlife.org/pages/living-planet-report-2014. Partnerships play a key role in WWF's efforts to influence the course of conservation. (2009). Retrieved from WWF: https://www.worldwildlife.org/pages/partnerships World Wildlife Fund. (2009). Retrieved from WWF: https://www.worldwildlife.org/ WWF AND TROPHY HUNTING. (2009). Retrieved from WWF: https://wwf.panda.org/our_work/wildlife/species_news/wwf_and_trophy_hunting/ 31