VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR Description

Serial entrepreneur Vinesh Juglal wondered what it would be like to run Durban Computer College (DCC), the institution he had just bought. The education market in Africa was growing by leaps and bounds, and the ever-opportunistic Vinesh knew that buying a successful training enterprise could help him make the most of this market. On the other hand, Vinesh was well aware that in order to grow the institution he would need another source of financing, since his current lines were tied up in his real estate and supermarket businesses. Infrastructure was not an issue, since Vinesh had most of the fixed assets he needed to grow DCC Campus. Attracting more students would happen either by lowering fees or by offering financial aid. Vinesh had heard of many sponsoring bodies, including government programs, set up for this purpose. But these sponsors tended to give grants only to non-profit entities. What would be the best way to grow this "business"-if it could be called a business in the first place? Should he target the same return on investment as in his other businesses? More broadly, could he be successful using his previous, purely commercial approach? Learning objectives: To experience, almost first-hand, the rapidly changing business environment in South Africa in the 1985-2010 period, through the entrepreneurial adventures of Vinesh Juglal who builds a series of enterprisees across several industries. To consider the social role of business in the context of a developing country.

Case Description VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Strategic Managment Tools Used in Case Study Analysis of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

STEP 1. Problem Identification in VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

STEP 2. External Environment Analysis - PESTEL / PEST / STEP Analysis of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

STEP 3. Industry Specific / Porter Five Forces Analysis of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

STEP 4. Evaluating Alternatives / SWOT Analysis of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

STEP 5. Porter Value Chain Analysis / VRIO / VRIN Analysis VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

STEP 6. Recommendations VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

STEP 7. Basis of Recommendations for VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study

Case Analysis of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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. VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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. VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study will help professionals, MBA, EMBA, and leaders to develop a broad and clear understanding of casecategory challenges. VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR will also provide insight into areas such as – wordlist , strategy, leadership, sales and marketing, and negotiations.

Case Study Solutions Background Work

VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR, 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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, VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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 – VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Step 1 – Problem Identification of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR - Harvard Business School Case Study

The first step to solve HBR VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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 Vinesh Juglal 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 Vinesh Juglal, 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR.

The external environment analysis of VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study. PESTEL analysis of " VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR" 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR macro-environment and how it impacts the businesses of the firm.

How to do PESTEL Analysis for VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

To do comprehensive PESTEL analysis of case study – VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR , we have researched numerous components under the six factors of PESTEL analysis.

Political Factors that Impact VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Government policies have significant impact on the business environment of any country. The firm in “ VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR ” 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 Vinesh Juglal is operating, firms are required to store customer data within the premises of the country. Vinesh Juglal 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. VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR has numerous instances where the competition regulations aspects can be scrutinized.

Import restrictions on products – Before entering the new market, Vinesh Juglal in case study VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR" 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. Vinesh Juglal in case study “ VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR ” should look into these export restrictions policies.

Foreign Direct Investment Policies – Government policies favors local companies over international policies, Vinesh Juglal in case study “ VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR ” should understand in minute details regarding the Foreign Direct Investment policies of the prospective market.

Taxation & Regulation Impact on VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

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 “ VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR ” 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 Vinesh Juglal can compete against other competitors.

Government Scheme & Subsidies Impact on VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

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 – Vinesh Juglal 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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Social Factors that Impact VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Technological Factors that Impact VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Environmental Factors that Impact VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

Legal Factors that Impact VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR

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 VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study. PESTEL analysis of " VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR" 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 :: VINESH JUGLAL: SOUTH AFRICAN SERIAL ENTREPRENEUR case study solution