Compass Minerals International Harvard Case Solution & Analysis

Compass Minerals International Case Solution

Weakness

There are few areas where compass minerals International needs to improved. These areas if improve, helps the compass Minerals International to build better competitive advantages and strategic position. The weaknesses of Compass Minerals International are a following:

• Restricted success outside core business: Although Compass Mineral International is one of the leading organizations and has the satisfied place in the market but it has the very limited success outside the core business. It has faced several challenges in moving to other products strategies in its current culture.
• It has the average profitability and Net% contribution ratio.
• The organization has not having the option to handle the difficulties present by the new participants in the section and has lost little piece of the overall industry in the specialty classifications. Compass Minerals International, Inc. needs to construct interior input instrument straightforwardly from outreach group on ground to counter these difficulties.
• Average Research and development techniques
• It has the poor financial arranging. It has been shown that the organization can utilize money more productively than usual.

External Strategic Factors

Opportunities

• New external rules under the Paris agreement (2015) may be dangerous to most items categories.
• The firm may have actions in the different markets provided - different rules and in progress variation concerning item levels in those markets.
• No systematic convenience of new items: Over the years the firm has developed many items but that is a answer to the development of other competitors. Second, the contribution of new items is uncommon and therefore leads to a increased and decrease change in the number of sales over period.

Threats

• The strengths or weaknesses of afirm can be strengths and weaknesses at the same time. This is one of the major threats for SWOT analysis. For example, changing external factors can be harmful to a firm and can be a chance in the sense that it will make the firm more competitive or reward its competitors if they can make-item faster than their rivals.
• Product quality can also be a threat for Compass mineral international to eradicate its place in the market and to compete with the fellow marketers.
• SWOT does not show how to make a advantage over it rivals, so it should not be the end of itself.(Chandler, 1962)

1.Porters Five forces Model

2.Strategic. issues and their Alternatives

The competitive strength appraisal of Compass Minerals uncovers that the firm has the right to be the top part in the business. It has utilized probably the best methodologies underway, showcasing and worker the board. It has been in activity for quite a while, and has set down mechanical constructions to take it to the following level. However, the firm is now on the third position in the market. To get to the top situation inside this industry, the administration ought to consider executing the methodologies recommended in the part beneath. The table beneath shows its present position opposite that of the top contenders.

The Ducey should look forward into the qualities that has been lacking in to the compass minerals in order to meet up to customers satisfaction and to compete the market forces.

3.Proposed Solution

As Ducey pondered where he may concentrate in the coming year, he likewise thought about how he should pitch his business to financial backers. From one viewpoint, the potential for harder guideline against the utilization of salt in roadway deicing and the food business was a possible danger as concerns developed about its impacts on both the climate and human wellbeing. On the other, salt stayed an enormous and significant market for which there were at present couple of substitutes. Salt's synthetic properties as a safeguarding specialist and its capacity to "seal" had started to open up a scope of new uses for salt mines, from archive stockpiling to the removal of atomic waste. The compass mineral should also look into its quality to  to look up to customers satisfaction.............................

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