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I Need help creating an IE Table for Dicks Sporting Goods THE IFE TOTAL WEIGHTED SCORES Strong Weak 4.0 1.0 High 4.0 THE EFE WEIGHTED
I Need help creating an IE Table for Dicks Sporting Goods
THE IFE TOTAL WEIGHTED SCORES | |||||||||
Strong | Weak | ||||||||
4.0 | 1.0 | ||||||||
High | |||||||||
4.0 | |||||||||
THE EFE WEIGHTED SCORES | |||||||||
Low | |||||||||
1.0 | |||||||||
Division | Firm's Division Revenues | Estimated IFE Score | Estimated EFE Score | ||||||
0 | $0 | 0.0 | 0.0 | ||||||
0 | $0 | 0.0 | 0.0 | ||||||
0 | $0 | 0.0 | 0.0 | ||||||
0 | $0 | 0.0 | 0.0 | ||||||
0 | $0 | 0.0 | 0.0 | ||||||
IFE Table
Strengths | Weight | Rating | Weighted Score | |
1 | Holds a significant 30.8% of market share in the Liscenced Sports Apparel Stores industry based on revenues- 30.8% (IBIS, 2022) | 0.10 | 4 | 0.40 |
2 | Owns & operates 20 different brands such as Golf Galaxy, Calia, Field & Stream, and Public Lands | 0.04 | 3 | 0.12 |
3 | Partnership with Nike in DSG mobile app, giving athletes access to exclusive product, experiences and content. (Annual Report, 2021). | 0.02 | 3 | 0.06 |
4 | Strong omni-channel platform & fulfillment capabilities utilizing in-store experience knowledgeable staff to drive sales (Annual Report, 2021). | 0.10 | 4 | 0.40 |
5 | High level of customer satisfaction - scored 38 on NPS and with 73% of customers stating they are loyal customers of the company. (Comparably, 2022). | 0.06 | 3 | 0.18 |
6 | Good returns on capital expenditures - 19.5% in last 12 months for an increase of 3.4% above the average returns. This is a measure on the firms ability to create value for all its stakeholders. (Finbox, 2022). | 0.03 | 3 | 0.09 |
7 | Accomplishment qualifies for inclusion in the Fortune 500 - has over seven hundred locations | 0.02 | 2 | 0.04 |
8 | Workplace diversity | 0.06 | 3 | 0.18 |
9 | The horizontal and/or vertical integration can increase the control over whole value chain | 0.05 | 3 | 0.15 |
10 | Competent and committed human capital can act as a powerful source of competitive advantage | 0.04 | 2 | 0.08 |
Weaknesses | Weight | Rating | Weighted Score | |
1 | Lower profit and revenue growth than competitors (IBIS, 2020). | 0.05 | 2 | 0.10 |
2 | Heavily reliant on sales from Nike and Under Armour who account for 32% of net sales. (David et al., 2020). | 0.09 | 4 | 0.36 |
3 | Lower number of storefronts in the Western United States (ScrapeHero, 2022). | 0.04 | 3 | 0.12 |
4 | Fewer fishing & hunting lines compared to competitors (David et al., 2020). | 0.02 | 2 | 0.04 |
5 | Poor financial management and a lack of cash management may be costly. | 0.04 | 3 | 0.12 |
6 | Need more investment in new technologies | 0.03 | 3 | 0.09 |
7 | Investment in R&D lags behind industry leaders. | 0.05 | 3 | 0.15 |
8 | High cost of replacing existing experts | 0.03 | 3 | 0.09 |
9 | High rate of staff turnover at the lowest levels. | 0.10 | 4 | 0.40 |
10 | Poor project management practices | 0.03 | 3 | 0.09 |
Total IFE Score | 1.00 | 3.26 |
Efe Table
Opportunities | Weight | Rating | Weighted Score | ||
1 | Grow vertical brands as they are the 2nd largest brand category, yet only account for 14% of net sales (Annual Report, 2021). | 0.09 | 3 | 0.27 | |
2 | Make continuious improvements to the eCommerce business. | 0.08 | 3 | 0.24 | |
3 | New environmental regulations and consumer preferences - provides opportunity to capitalize on investments in new technology to tap into a growing market of eco-friendly customers (Emmert, 2021). | 0.05 | 3 | 0.15 | |
4 | Growing sports participation post-covid (IBIS, 2022). | 0.03 | 3 | 0.09 | |
5 | Higher demand for fitness equipment and home-gym setups (IBIS, 2022). | 0.06 | 3 | 0.18 | |
6 | Growing market of retired adults who are increasingly interested in staying active (Jenkin et al., 2017). | 0.02 | 1 | 0.02 | |
7 | New market segments and niches provide chances to expand company and product lines. | 0.05 | 3 | 0.15 | |
8 | Diminishing borders and expanding global interconnection enable the company to enter the worldwide market, target geographically dispersed customers, and boost profitability. | 0.03 | 2 | 0.06 | |
9 | Government subsidies and favorable policies. | 0.04 | 2 | 0.08 | |
10 | 459 adverts a day in the company's external environment. | 0.03 | 2 | 0.06 | |
Threats | Weight | Rating | Weighted Score | ||
1 | U.S. Gun control regulations threatening revenues from guns in their hardlines, which accounted for revenues over $5 million in fiscal year 2021. (Annual Report, 2021). | 0.04 | 3 | 0.12 | |
2 | Decline of traditional brick-and-mortar stores due to cost advantages of online competitors (Forbes, 2021). | 0.04 | 3 | 0.12 | |
3 | Social media, smartphones, & video games threaten the need for DSG products & services. by curbing physical activity (Kolhar et al., 2021). | 0.08 | 3 | 0.24 | |
4 | Discretionary spending and reductions in consumer spending might adversely affect the Company's business, operations, liquidity, financial results and stock price. | 0.05 | 2 | 0.10 | |
5 | External environment is an excessive number of retailers selling athletic goods; not enough clients. | 0.03 | 2 | 0.06 | |
6 | External environment is internet commerce. May indicate that customers are shopping elsewhere | 0.03 | 2 | 0.06 | |
7 | A high personnel turnover rate and a rising reliance on new solutions | 0.06 | 3 | 0.18 | |
8 | Lasting effects of COVID-19 on the business. | 0.10 | 3 | 0.30 | |
9 | Different nations' liability rules may be vulnerable to liability claims due to policy changes. | 0.05 | 3 | 0.15 | |
10 | Inability to optimize the network or distruptions by third-party transportation resulting in loss of merchandise to stores and athletes. | 0.04 | 3 | 0.12 | |
Total EFE Score | 1.00 | 2.75 | |||
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