Any planning is done based on the current. The introduction of an online reservation system enabled the company to cut out the travel agents and so save on the commissions. But it was previously considered bankrupt by some incidents. The airline industry, like any other industry, is driven by trends. For example, you may be asked to create a bridge with paper and staples. However, today it owns 64 aircraft and offers 88 routes from 36 European airports.
The pairing of EasyJet with 49 airports out of which 46 are primary airport makes EasyJet within the reach of maximum number of customers. Core business, Core competency, Hoshin Kanri 6146 Words 18 Pages competencies Prepare a list of 5 competencies for your own position. Proper landing airport In order to reduce cost, low-cost airlines tend to fly to cheapest places, like what Ryanair has been doing. Central to the 'easy' philosophy is yield management. Task 2 a Organizational audit for EasyJet The organizational audit helps in understanding the policies, programs, operations and educational practices implemented by the company. Know about the market in which the company operates and what the competition is doing.
Thus, either the company should make use of its own revenue or look for investors and banks to give loan. Core competencies: Core competencies are values which differentiates the company from its competitors specially those organization which are doing same kind of business Some of the prime core competencies followed at EasyJet are: · Punctuality · · Concern for Environment · Safety of its customers b Issues involved in strategic planning Strategic planning means making plans on how to allocate and to implement current business strategy. It is not easy for competitors to imitate. Each assessment centre is tailored to the graduate programme it covers, so the content of assessments may vary. This certainly proves their financial power and keeps them away from short term oil price EasyJet stocks fuel for a full year in advance that keeps them away from short term oil price variations. They handle complaints, resolve conflicts and negotiate deals. Prepare for your easyJet Graduate Assessment Day, Verbal Reasoning Tests and Selection Process The easyJet graduate scheme involves a challenging recruitment process including an online application, online ability tests, interviews and an easyJet assessment day held at the easyJet training academy in Luton.
Some strategies include tapping alternate revenue-generating streams such as selling ancillaries across the value chain or stopping revenue leakage via the total revenue integrity route. Price divergences can easily be found and misused by the consumer. The focus was to operate on an average number of passengers per flight, with more seats per aircraft archiving a higher load factor. Viewers were encouraged to sympathise with the easyJet staff. Seasonality and price behaviour of airlines in the Alicante-London market.
The Business Model of EasyJet. . However, some important steps taken by the company to ensure low operational cost are: fuel conservation, avoid food and snacks service on board, and avoid participation with other competitors by offering connecting flights Shrager, 2007. Vision: Vision is an idea which may be hypothetical, unattainable and close to impossible dream which gives and emotional thrust to the company and forms the basis of motivation in the company The main vision for EasyJet is to become the number one low fare airline company in the world with 100% safety and minimum environmental issues related to carbon emission due to burning of fuel. Each compliance measure adds to the total cost of operations. Today, easyJet offers 289 routes from 77 airports in 21 countries and they are known to operate 137 aircraft. This option existed but for a much higher price than return tickets.
In order for easyJet to provide their service efficiently they need an integrated network of aircraft, routes and airport slots. Various promotions done by the company should be keeping in mind medium and high income group people, when it comes to selling their medium and long distance airlines. The two parameters are: market share value and growth of the company. Assignment in Business Deconstructed-Financial analysis and proposing strategy. One year here is worth two or three years somewhere else. Firstly, having to answer each question in under 10 seconds means that you are going to have to work very fast. ComPsych, the world's largest provider of employee assistance programs, was ready with a new service that helped transition those departing employees and guide them in launching a successful job search.
. Implementation capabilities: Corporate culture easyJet favours an informal company culture with a very flat management structure, fewer hierarchical levels and symbols within the business, which eliminates unnecessary and wasteful layers of management. . This way, customers are going to be loyal to the brand. This program must impact many processes including ticketing, departure control and customer-relationship management. These companies are normally start-ups. It showed the reality of working for easyJet by following members of staff during their intensive training as well as on the job.
Income, Income statement, Microsoft 387 Words 2 Pages A competency trap is the false belief that the same practice that led to a past success, it will necessary lead to a future one. We believe in what we do. A violent growth strategy to govern the airline market seems apt until the market reaches maturation. The company should also place promotional ads on its websites. .
To effect ant to offer a consistent and reliable product and fares appealing to leisure and business markets on a range of European routes. Call us: +44 - 7497 786 317 Email: support locusassignments. This group of individuals also seek quality service and frequent flyer programmes, and are willing to pay a premium for these benefits. Compare with the 18% market share of the biggest car rental company Avis in European car rental market in 2001 avis-europe. The employees should come forward to take new responsibilities the company will offer while implementing new business strategy of EasyJet to grow their business.
O'Leary, 1994 Although the Southwest operational efficiencies were the key to its success, this cannot be viewed as a strategy, but operational efficiencies that the airline needed to meet. To reach a strategic verdict, the company has to initiate a market research on the size of diverse amalgamations of pricing and services. Therefore the operator must keep a consistent check on prices. It was one of the first airlines to embrace the opportunity of the Internet when it sold its first seat online in April 1998. Fostering Innovation: The ability to develop, sponsor, or support the introduction of new and improved method, products, procedures, or technologies. Given this need, it often makes strategic sense for airlines to partner with vendors that offer on-demand tools. Competency in Task Management Leadership roles require the ability to solve problems, execute complex tasks, manage information, allocate resources and monitor performance.