Team 1
External types of abdominal hernia
TEAM 1
HULT International Business School
Global Strategy
Shouldice – History
• Dr. Earle Shouldice
• Early ambulation
• Focus on external hernias
• 1945 – First hospital
• Rapid expansion
• Dr. Nicholas Obney
TEAM 1
HULT International Business School
Global Strategy
Strategic Framework
External
External Analysis
Analysis
Problem
Problem
SWOT
SWOT
Alternatives
Alternatives
Internal
Internal Analysis
Analysis
TEAM 1
HULT International Business School
Global Strategy
Recommendation
Recommendation
Problem Statement
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•
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TEAM 1
Capacity
Meeting demand
Competition
Quality standards
HULT International Business School
Expansion
Global Strategy
External analysis
TEAM 1
HULT International Business School
Global Strategy
SHTEEP
STEEP
PEST
PESTEL
STEEPLED
PESTLE
TEAM 1
HULT International Business School
STEER
SLEPT
Global Strategy
General Environment Factors
POLITICAL
LEGAL
• Lobbying for tax • Permission to deduction, open new permits, etc. hospital • Geographical
• OHIP extension OHIP • Construction
Permit
• IP Protection
TEAM 1
HULT International Business School
ECONOMICAL
DEMOGRAPHIC
• Very stabile
• Population economical Pyramid climate • Average age
• Close economical ties
• Inelastic Product
Global Strategy
TECHNOLOGICAL
• Technological advancements • Digital marketing Porter’s Five Forces
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LOW •
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Threats of new entrants
• Expensive
• Small scale
MEDIUM
TEAM 1
HIGH
Bargaining power of suppliers • Almost no differentiation • No price wars
HULT International Business School
Competitive rivalry Threats of substitute service
Highly regulated
Trained staff
Capital requirements
Economies of scale
Bargaining power of buyers LOW
Global Strategy
LOW
• Urgency
• No alternative
• Fragmented
• Price inelastic
• Highly dependent on service
Key Success Factors
• Efficiency
• Quality standards
• Legal standards
• Prestige
• Competitive price
• Patient care
TEAM 1
HULT International Business School
Global Strategy
Opportunities and threats
Strengths
Opportunities
• Huge potential for expansion
• Increasing demand
TEAM 1
HULT International Business School
Weaknesses
Threats
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IP infringements
High suppliers power
Technological advancements
Niche
Global Strategy
Internal analysis
TEAM 1
HULT International Business School
Global Strategy
Competitive Advantage
Intangible
TEAM 1
Tangible
VRIN
Technique
Brand
Facilities
Employees
Valuable
Yes
Word of mouth
Symbol
Experienced
Rare
Niche
Unique niche
No
Hospitals generally have qualified staff
Inimitable
No IP rights Is being used
No
Hard to gain same experience
Nonsubstitutable
Core of the business
Closely
No
connected to the brand
Few doctors with same experience
HULT International Business School
Global Strategy
The Shouldice experience
Distinctive
Distinctive
Technique
Technique
Comprehensive
Comprehensive
Patient
Patient
Experience
Experience
Thoughtful
Thoughtful
Employee
Employee
Policies
Policies
Experienced
Experienced
Staff
Staff
TEAM 1
HULT International Business School
Global Strategy
Value Chain
None of the factors need to be optimized. Shouldice has been the market leader since its opening in 1945.
TEAM 1
HULT International Business School
Global Strategy
Business and Corporate Level Strategies
Business Level Strategy
Differentiation Focus = pursuing strategic differentiation within a focused market
Unique surgical technique/operation
Serve in a niche market
Remained market leader since their opening
Corporate Level Strategy
Shouldice hospital is only a single business unit, selling a single product/operation at the moment
The business corporation remains in the abdominal wall hernia repairs
TEAM 1
HULT International Business School
Global Strategy
SWOT
Strengths
Weaknesses
Opportunities
Threats
• The Shouldice experience
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