VW STRATEGIC PLANNING By: Dr. Magdy M. Hussein Strategy "Strategy is the direction and scope of an organization over the long-term: which achieves advantage for the organization through its: 1- configuration of resources within a challenging environment, 2- to meet the needs of markets and 3- to fulfill stakeholder expectations". *Johnson and Scholes (Exploring Corporate Strategy) Three-Stage Process Strategy Formulation Strategy Implementation Strategy Evaluation Prentice Hall, 2001 3 Strategy Formulation Vision & Mission Opportunities & Threats Strengths & Weaknesses Long-Term Objectives Alternative Strategies Strategy Selection Prentice Hall, 2001 4 VW Mission Statement To offer attractive, safe and environmentally sound vehicles which are competitive on an increasingly tough market and which set world standards in their respective classes. Toyota Mission: Statement To sustain profitable growth by providing the best customer experience and dealer support. Top 5 World’s Most Successful Cars Ever. 5. Ford Model T 16,500,000 sold cars 4. Volkswagen Beetle 21,529,464 sold cars 3. Volkswagen Golf 24,000,000 sold cars 2. Ford - F series 25,000,000 sold cars Top 5 World’s Most Successful Cars Ever. 1. Toyota Corolla 35,000,000 sold cars VW history 1875-September 3rd, Ferdinand Porsche was born. 1931-Porsche drew first sketches of the Beetle. 1934-Adolf Hitler contracts Porsche to develop the Beetle 1938-Laying of the cornerstone of the VW factory 1939-Germany goes to war 1946-1785 cars were constructed mostly by hand. 1955-April, Volkswagen of America was originally formed 1963-Sept., 7 millionth Beetle produced. 1975-Last year for the "Thing". 1995-Sharan Van was introduced in Europe. 1998-Jan,Volkswagen unveil the production of the new beetle. VW history VW’s Garage VW owns the following carmakers: 1- AUDI 2- Lamborghini 3- Rolls-Royce 4- Bentley 5- SEAT 6- SKODA SWOT Analysis SWOT Analysis is a very effective way of identifying: Strengths (Country of Origin) Weaknesses (Partnership) Opportunities (EU vs. NAFTA) Threats (Merging) NOW LET US HAVE FUN 1- What country makes this car? Israel 2- What country makes this car? China 3- What country makes this car? Sweden 4- What country makes this car? South Korea 5- What country makes this car? India 6- What country makes this car? Spain 7- What country makes this car? Russia 8- What country makes this car? Monaco 9- What country makes this car? The Netherlands 10- What country makes this car? Malaysia THE END