Lime Company Review. Lime is an innovative company, in the dynamic and developing bike-sharing industry, but with success comes stiffer competition (new entrants and existing entities facing disruption). What can Lime do in order to create a competitive advantage in the bike-sharing industry?

Lime Company Review.

Discussion on Lime. Assignment: Please review the case below and discuss your thoughts on the Guiding Question for this case (as to how the case will break up into each of the sections above (i.e. Issue Statement, Strategic Analysis, Strategic Alternatives and Recommendations). Guiding Question: Lime (https://www.li.me/): Lime is an innovative company, in the dynamic and developing bike-sharing industry, but with success comes stiffer competition (new entrants and existing entities facing disruption). What can Lime do in order to create a competitive advantage in the bike-sharing industry? Your review should not exceed 2 pages. Here are some other background information on how to conduct a case study.

Lime Company Review.

How to Analysis a Case Study This guide presents a structured framework to help you analyze strategic management case studies. Knowing how to analyze a case will help you attack virtually any business problem. A case study presents facts about a company and an issue facing the company. You are asked to analyze the case by focusing on the most important facts and using this information to identify strategic alternatives to deal with the issue and to make recommendations to senior management. Purpose of writing a case paper A case study helps you learn by immersing yourself in a real-world business scenario where you can act as problem-solver and decision-maker.

Lime Company Review

Cases (like all business situations) are complex and ambiguous. Dealing with uncertainty and ambiguous situations is an important skill for managers and consultants. Lastly, cases help you enhance your problem-solving skills. This is important since managers and consultants are professional problem solvers. Consulting firms, such as McKinsey, exist to solve problems and problem-solving is the 2nd most important competency at all management levels. Preparing your case paper Before you start to write your case paper, go through the following steps: Identify the most important facts surrounding the case.

Lime Company Review.

Read the case several times to become familiar with the information it contains. Pay attention to the information in any accompanying exhibits, tables, or figures. Many case scenarios, as in real life, present a great deal of detailed information. Some of these facts are more relevant than others. One can assume the facts and figures in the case are true, but statements, judgments, or decisions made by individuals should be questioned. If key facts and numbers are not available, you can make assumptions, but these assumptions should be reasonable given the situation. Identify the key issue.

Lime Company Review.

Using the facts provided by the case and considering the guiding question your instructor provided for you, state the major issue facing the company. You should be able to explain how this issue affects the strategy or performance of the company. Using information from the case, expand upon this issue such that you not only state the question but also recognize nuances or implicit aspects of the issue. For instance: You will need to explain why the issue occurred. Does the issue come from a changing environment, new opportunities, a declining market share, or inefficient internal or external business processes?

Lime Company Review.

To determine if an issue stems from management factors, consider whether managers are exerting appropriate leadership. You will have to decide which of these factors—or a combination of factors—is most important in explaining why the issue occurred. Specify strategic alternatives. List strategic alternatives the company can take to solve its issue or meet the challenge it faces. What changes to company processes would be required by each alternative? What management policy would be required to implement each alternative? Remember, there is a difference between what a company “should do” and what that company “can do”.

Lime Company Review.

Some solutions are too expensive or difficult to implement. Identify the constraints that will limit the solutions available. Is each alternative executable given these constraints? Evaluate each strategic alternative. Evaluate each alternative using the facts and issue you identified earlier, given the conditions and information available. Identify the pros and cons of each alternative. Ask yourself “what would be the likely outcome of this strategic alternative? State the risks as well as the rewards associated with each strategic alternative. Is the strategic alternative feasible from a technical, operational, and financial standpoint? https://youtu.be/GPwzoxkcA5w

Lime Company Review.

Recommend a strategic alternative. State your choice for the best strategic alternative and provide a detailed explanation of why you made this selection. You may also want to provide an explanation of why other alternatives were not selected. Your final recommendation should flow logically from the rest of your case paper. There is often no single “right” answer, and each option is likely to have risks as well as rewards.

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