After analyzing and evaluating the outcome of the Strategic Paper about San Miguel Corporation, as the entire information had been collected which resulted that their company had adopted effective strategies such as market penetration, market development and product development. These strategies are also projecting in other competitors such as Asia Brewery and Budweiser Corporation. The company applied by the use of matrices, to establish the company’s ability to scan the external environment which influences the strategic marketing actions.
SWOT analysis was also used by the company in identifying the planning process how it was implemented towards to the formulation of portfolio matrices to estimate the condition of the company in the industry in order for them to take actions that would have an effect on the progress of the company. Mission Statement As we advanced tow
...ard our vision we San Miguel Group reiterate our commitment to all our stakeholders. To our stakeholder, we are committed to provide superior returns and to maximize the value of their investments
To our customers, we shall provide them with products and services of the highest quality all of the time We shall create new products and services that satisfy their changing needs and desires. To our Employees, we shall provide opportunities for our employees to grow to their fullest potential to improve their quality life while acknowledging that they are ultimately responsible for their well being and development.
We shall develop in our people a broad understanding of our corporate irections and priorities; enabling each one to make decisions, that are aligned to the goals of the group. We shall instill in our employees the values of quality, sharing, openness, integrity a
excellent that bind and propel the group to move as one. Summary Upon the result of the QSPM, the market penetration has the higher attractiveness score rating of of 5. 98 in which the company must used as a strategy in achieving the success in the world of business. The secondary strategy that the company must use was the Product development which has a score of 5. 93.
RECOMMENDATION
Upon examining and analyzing the key external and internal forces that influence and affect the competitiveness of San Miguel Corporation with the use of the strategy matrix tools, it is apparent for the company to pursue an intensive growth and build combination strategy. More specifically, it should intensify product development and market penetration strategies, to wit: Market Penetration Strategy Build Shopper Demand - Improved the distribution Beverages in Mindanao - Expand distribution in down line trade Implement best practice on distribution. Product Development Strategies San Miguel Corporation should capitalize on its strong brand image and wide product acceptance among consumers.
The following strategies are hereby recommended to address several management and marketing issues that affect SMC’s competitive marketing processes as it compete within the manufactured food and beverage industry. The recommended strategies are based on the company’s objectives. Transform the portfolio -Launch new beer products with mainstream appeal -Drive hybrid migration for powdered beverages -Evaluate their product to increase competitiveness against Asia Brewery and Budweiser Corporation.
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