PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? Description

Anna had thought about investing in forests in the past, but she was not an expert in forestry or plantations and neither was her financial advisor, although he did say that it was a "great asset class for the wealthy, but not necessarily for ordinary citizens." Timberland, as an asset class, had generated average annual returns of 14.5% since 1972, beating the average returns of most stock markets over that period and on par with those generated by the private equity industry.Other claimed benefits included (1) solid returns over the long term; (2) nice diversification of a portfolio and an original risk/return profile; (3) lenient tax treatment of forest-related income; (4) a feel good factor about what you did for planet Earth. Additional factors played in favor of forestry investments, such as the flexibility to decide harvesting times based on market conditions for wood products, the ability to use long-term contracts to hedge against downturns and the multiple uses for the harvested products, from pulp and wood pallets to high quality wood panels. Timber also offered the ability to "warehouse" its value for long periods of time, as well as the ability to time the harvests to market conditions without suffering potential impairment due to technological or market obsolescence, like many other inventoried tangible assets. Finally, the reckless endangerment of natural forests around the world by so-called "wood pirates," either driven by greed or survival needs for cooking and heating material, called for action. Regular magazine articles and TV shows trumpeted the fact that the "lungs of the earth" in Southeast Asia and in the Amazon were at great risk of being destroyed by the greed of corrupt military officers, illegal loggers and international companies intent on making a quick buck at the cost of destroying fragile ecological systems. Learning objectives: Discuss timberland as an alternative asset class. Analyze two real investment opportunities offered in 2004. Discuss sustainable investment and the rules of engagement for profitable investment.

Case Description PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Strategic Managment Tools Used in Case Study Analysis of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

STEP 1. Problem Identification in PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

STEP 2. External Environment Analysis - PESTEL / PEST / STEP Analysis of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

STEP 3. Industry Specific / Porter Five Forces Analysis of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

STEP 4. Evaluating Alternatives / SWOT Analysis of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

STEP 5. Porter Value Chain Analysis / VRIO / VRIN Analysis PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

STEP 6. Recommendations PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

STEP 7. Basis of Recommendations for PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study

Case Analysis of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? is a Harvard Business (HBR) Case Study on Leadership & Managing People , 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. PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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. PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.

Case Study Solutions Background Work

PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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 Leadership & Managing People, leadership qualities of the protagonist, and dynamics of the external environment. The challenge in front of the protagonist, of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?, 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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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 Leadership & Managing People Solutions

In the Texas Business School, PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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 – PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Step 1 – Problem Identification of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? - Harvard Business School Case Study

The first step to solve HBR PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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 Wood Forestry is facing right now. Even though the problem statement is essentially – “Leadership & Managing People” challenge but it has impacted by others factors such as communication in the organization, uncertainty in the external environment, leadership in Wood Forestry, 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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?.

The external environment analysis of PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study. PESTEL analysis of " PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?" 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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? macro-environment and how it impacts the businesses of the firm.

How to do PESTEL Analysis for PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

To do comprehensive PESTEL analysis of case study – PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? , we have researched numerous components under the six factors of PESTEL analysis.

Political Factors that Impact PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Government policies have significant impact on the business environment of any country. The firm in “ PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? ” 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 Wood Forestry is operating, firms are required to store customer data within the premises of the country. Wood Forestry 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. PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? has numerous instances where the competition regulations aspects can be scrutinized.

Import restrictions on products – Before entering the new market, Wood Forestry in case study PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?" 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. Wood Forestry in case study “ PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? ” should look into these export restrictions policies.

Foreign Direct Investment Policies – Government policies favors local companies over international policies, Wood Forestry in case study “ PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.

Taxation & Regulation Impact on PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

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 “ PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? ” 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 Wood Forestry can compete against other competitors.

Government Scheme & Subsidies Impact on PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? 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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

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 – Wood Forestry 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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Social Factors that Impact PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Technological Factors that Impact PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Environmental Factors that Impact PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

Legal Factors that Impact PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?

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 PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study. PESTEL analysis of " PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES?" 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 :: PRIME FORESTRY GROUP AND PRECIOUS WOODS (A): PULP FICTION OR MONEY GROWING ON TREES? case study solution