Sainsbury

In: Business and Management

Submitted By mark8963
Words 2853
Pages 12
GRENOBLE GRADUATE SCHOOL OF BUSINESS
MSc Finance 4, London

08
Fall

Strategic Performance Control
Dr Vassili JOANNIDES

Kelly Goncalves, ID: 102178

May, 1st 2011

Table of Contents

Table of Contents 2 INTRODUCTION 3 I - Critical Strategic Issues in Sainsbury’ s business landscape 3 1 - Background about the company 3 2 - Strategic issues in the Retailer and Consumer Landscape 3 Consumer Market landscape 3 Digital Technology 3 Distribution channel 3 II – Strategic performance control system 3 1 – An integrated risk management approach combined with the Balanced Scorecard 3 Linking risk to tactical plan and strategies 3 Rapid responsiveness toward changing consumer landscape 3 Digital Technology 3 CONCLUSION 3 References 3

INTRODUCTION

As the consumer industry landscape increasingly evolves complex, it is crucial for an organization’s ability to manage risk while effectively predicting and responding to changes in key strategic factors for long-term success. Globalization, changes in consumer’s spending habits, rapid advances in media and technology and other factors force today’s business environment into a state of constant evolution. While it is fundamental for organizations to identify their most significant strategic issues, it is equally important to design and implement efficient strategic performance control system towards desired strategies.
This paper is aiming to demonstrate the relevance of linking strategic issues to integrated strategic performance control system through the case of Sainsbury, the UK's third-largest supermarket. The first section lays out the most significant strategic issues that Sainsbury confront in the grocery retail industry, followed by recommendation about the most appropriate strategic performance control system, namely a combination of the Balance Scorecard and an…...

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