case study on fashion prinec dudhatra-9724949948

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    PLANNING AND STRATEGIC

    MANAGMENT

    y Today every industry thrive by taking the consumer by surprise andturning dreams into realities.

    y

    But there is one company LIZ CLAIBORNE its world largest companymaking womens apparel

    y According to the company CLAIBORNE designs are simple straightforward for women who have more important things to think about thanwhat to wear.

    y The planning and the strategy of the company is made in such a way

    that at the time of depression the company was earning 55% of profit.y It was founded in 1980.and in 1986 it was the second largest company.

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    The company also has software surf

    (system updated retail feedback)

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    1) What action by other industry might be

    of greatest concern to chazen?

    y Every industry thrive by taking the consumer by surprise

    and turning dreams into reality but this company did the

    opposite, they actually touched their client but not theredreams.

    y So they focused on middle class customers but they had

    fear from well establish brand like the gap and limited still

    as they produce innovative product that to on competitiveprice thus this was the major concern chazen the chair of

    claiborne.

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    Question 2Comment on internal consistency of what

    is done strategically at Liz claiborne. Do

    goals, strategies , administration, and

    strategic control seem to be in harmony?

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    yChazen had well defined plan that they well touched customersand not their dreams.

    y Their basic strategy-

    Better customer relationship-close contact with retailers

    and customers for knowing changing demand and thesuccess of their different products.

    y Monitor customer perception-

    Liz claiborne also monitor customer perception thought

    personal integration with customer and retailers.

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    y They had different strategy control

    y SURF-A sophisticated computer system known as system

    updated retail feedback. Keeps the company in touched with

    what is selling and what is not, around the country, around the

    clock.

    y Surf also enables Liz claiborne to reach customers in their

    favorite store. The same store in different geographic location

    often serves different niches.

    y They also control their strategy of customer relationship

    through dedicated staff of 150 specialists and 21 consultants.

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    3) What collective strategy opportunities might exit for

    Chazen to consider?

    Mr. JEROME CHAZEN the chairman of the company understand

    the ingredient in CLAINBORNE success.

    He think that if the strategy remain continue and effective then the

    company will reach to the success.

    The integral to the companys success is its customer driven planning

    He actual wants to move from traditional to the modernization.

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    CONT.

    y They were more oriented towards women clothing's and they did not

    consider mens wear and children clothing market.

    y The chairman did not focus on globalization. He can use the other

    country market such as MALASIYA and other EUROPION

    COUNTRIES.

    y Product were not that much innovative as compared to their rivals like

    GAP AND LIMITED STILL.

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    As we know that organization need well defined plans and

    strategies to achieve their Goals.

    Thus, in this case also Mr. Chazen the chairman of LIZ

    CLAIBORNE had well defined plans for his organization that they

    will produce apparels which will touch their customers and not their

    dreams.Accordingly he had strategies for implementation of these

    plans.

    Ex.:- 1) Using of SURF software. They take feedback

    from Retailers and customers for the betterment

    of their products.2) They also had well dedicated administrative

    department for the proper planning of their

    company.

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