Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation Description

Since 2000, China's Jiuzhai Valley National Park (Jiuzhai Valley) had been experiencing a sharp increase in the volume of tourists it received. The park contributed significantly to the surrounding area's economy: in 2015 and 2016, it contributed more than 60 per cent of the total admission income received from the four major scenic parks within the Aba Tibetan and Qiang Autonomous Prefecture of Sichuan Province. However, pollution and noise due to the influx of visitors presented a constant threat to Jiuzhai Valley's ecosystem and environment. Despite Jiuzhai Valley's fairly advanced and disciplined approach to park management, there was no easy solution to the problem it faced in trying to balance its economic success and sustainable environmental initiatives. Attempts to manage information using digital and smart technologies and "big data" were still in their early stages, and had yet to yield the expected benefits. How could the park balance conservation and development to attain sustainability? H. Brian Hwarng is affiliated with National University of Singapore.

Case Description Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Strategic Managment Tools Used in Case Study Analysis of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

STEP 1. Problem Identification in Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

STEP 2. External Environment Analysis - PESTEL / PEST / STEP Analysis of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

STEP 3. Industry Specific / Porter Five Forces Analysis of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

STEP 4. Evaluating Alternatives / SWOT Analysis of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

STEP 5. Porter Value Chain Analysis / VRIO / VRIN Analysis Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

STEP 6. Recommendations Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

STEP 7. Basis of Recommendations for Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study

Case Analysis of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation is a Harvard Business (HBR) Case Study on Technology & Operations , Texas Business School provides HBR case study assignment help for just $9. Texas Business School(TBS) case study solution is based on HBR Case Study Method framework, TBS expertise & global insights. Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation is designed and drafted in a manner to allow the HBR case study reader to analyze a real-world problem by putting reader into the position of the decision maker. Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.

Case Study Solutions Background Work

Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study solution is focused on solving the strategic and operational challenges the protagonist of the case is facing. The challenges involve – evaluation of strategic options, key role of Technology & Operations, leadership qualities of the protagonist, and dynamics of the external environment. The challenge in front of the protagonist, of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation, is to not only build a competitive position of the organization but also to sustain it over a period of time.

Strategic Management Tools Used in Case Study Solution

The Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study solution requires the MBA, EMBA, executive, professional to have a deep understanding of various strategic management tools such as SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

Texas Business School Approach to Technology & Operations Solutions

In the Texas Business School, Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study solution – following strategic tools are used - SWOT Analysis, PESTEL Analysis / PEST Analysis / STEP Analysis, Porter Five Forces Analysis, Go To Market Strategy, BCG Matrix Analysis, Porter Value Chain Analysis, Ansoff Matrix Analysis, VRIO / VRIN and Marketing Mix Analysis.

We have additionally used the concept of supply chain management and leadership framework to build a comprehensive case study solution for the case – Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Step 1 – Problem Identification of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation - Harvard Business School Case Study

The first step to solve HBR Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study solution is to identify the problem present in the case. The problem statement of the case is provided in the beginning of the case where the protagonist is contemplating various options in the face of numerous challenges that Jiuzhai Park is facing right now. Even though the problem statement is essentially – “Technology & Operations” challenge but it has impacted by others factors such as communication in the organization, uncertainty in the external environment, leadership in Jiuzhai Park, style of leadership and organization structure, marketing and sales, organizational behavior, strategy, internal politics, stakeholders priorities and more.

Step 2 – External Environment Analysis

Texas Business School approach of case study analysis – Conclusion, Reasons, Evidences - provides a framework to analyze every HBR case study. It requires conducting robust external environmental analysis to decipher evidences for the reasons presented in the Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation.

The external environment analysis of Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation will ensure that we are keeping a tab on the macro-environment factors that are directly and indirectly impacting the business of the firm.

What is PESTEL Analysis? Briefly Explained

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study. PESTEL analysis of " Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

How to do PESTEL / PEST / STEP Analysis? What are the components of PESTEL Analysis?

As mentioned above PESTEL Analysis has six elements – political, economic, social, technological, environmental, and legal. All the six elements are explained in context with Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation macro-environment and how it impacts the businesses of the firm.

How to do PESTEL Analysis for Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

To do comprehensive PESTEL analysis of case study – Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation , we have researched numerous components under the six factors of PESTEL analysis.

Political Factors that Impact Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Political factors impact seven key decision making areas – economic environment, socio-cultural environment, rate of innovation & investment in research & development, environmental laws, legal requirements, and acceptance of new technologies.

Policy Making Impact on Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Government policies have significant impact on the business environment of any country. The firm in “ Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation ” needs to navigate these policy decisions to create either an edge for itself or reduce the negative impact of the policy as far as possible.

Data safety laws – The countries in which Jiuzhai Park is operating, firms are required to store customer data within the premises of the country. Jiuzhai Park needs to restructure its IT policies to accommodate these changes. In the EU countries, firms are required to make special provision for privacy issues and other laws.

Competition Regulations – Numerous countries have strong competition laws both regarding the monopoly conditions and day to day fair business practices. Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation has numerous instances where the competition regulations aspects can be scrutinized.

Import restrictions on products – Before entering the new market, Jiuzhai Park in case study Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation" should look into the import restrictions that may be present in the prospective market.

Export restrictions on products – Apart from direct product export restrictions in field of technology and agriculture, a number of countries also have capital controls. Jiuzhai Park in case study “ Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation ” should look into these export restrictions policies.

Foreign Direct Investment Policies – Government policies favors local companies over international policies, Jiuzhai Park in case study “ Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.

Taxation & Regulation Impact on Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Corporate Taxes – The rate of taxes is often used by governments to lure foreign direct investments or increase domestic investment in a certain sector. Corporate taxation can be divided into two categories – taxes on profits and taxes on operations. Taxes on profits number is important for companies that already have a sustainable business model, while taxes on operations is far more significant for companies that are looking to set up new plants or operations.

Tariffs – Chekout how much tariffs the firm needs to pay in the “ Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation ” case study. The level of tariffs will determine the viability of the business model that the firm is contemplating. If the tariffs are high then it will be extremely difficult to compete with the local competitors. But if the tariffs are between 5-10% then Jiuzhai Park can compete against other competitors.

Government Scheme & Subsidies Impact on Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Research and Development Subsidies and Policies – Governments often provide tax breaks and other incentives for companies to innovate in various sectors of priority. Managers at Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study have to assess whether their business can benefit from such government assistance and subsidies.

Consumer protection – Different countries have different consumer protection laws. Managers need to clarify not only the consumer protection laws in advance but also legal implications if the firm fails to meet any of them.

Political System & Stability, and its Impact on Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Political System and Its Implications – Different political systems have different approach to free market and entrepreneurship. Managers need to assess these factors even before entering the market.

Freedom of Press is critical for fair trade and transparency. Countries where freedom of press is not prevalent there are high chances of both political and commercial corruption.

Corruption level – Jiuzhai Park needs to assess the level of corruptions both at the official level and at the market level, even before entering a new market. To tackle the menace of corruption – a firm should have a clear SOP that provides managers at each level what to do when they encounter instances of either systematic corruption or bureaucrats looking to take bribes from the firm.

Independence of judiciary – It is critical for fair business practices. If a country doesn’t have independent judiciary then there is no point entry into such a country for business.

Government attitude towards trade unions – Different political systems and government have different attitude towards trade unions and collective bargaining. The firm needs to assess – its comfort dealing with the unions and regulations regarding unions in a given market or industry. If both are on the same page then it makes sense to enter, otherwise it doesn’t.

Economic Factors that Impact Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Social Factors that Impact Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Technological Factors that Impact Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Environmental Factors that Impact Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Legal Factors that Impact Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation

Step 3 – Industry Specific Analysis

What is Porter Five Forces Analysis

PESTEL stands for political, economic, social, technological, environmental and legal factors that impact the external environment of firm in Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study. PESTEL analysis of " Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation" can help us understand why the organization is performing badly, what are the factors in the external environment that are impacting the performance of the organization, and how the organization can either manage or mitigate the impact of these external factors.

Step 4 – SWOT Analysis / Internal Environment Analysis

Step 5 – Porter Value Chain / VRIO / VRIN Analysis

Step 6 – Evaluating Alternatives & Recommendations

Step 7 – Basis for Recommendations

References :: Jiuzhai Valley National Park: Data-Driven Economic Growth and Ecological Preservation case study solution