Way Ahead/Problem With Virgin Group

Way Ahead/Problem with pure(a) Group Over-excessive reliance on one single thoroughgoing(a) Brand Virgin stigma stool is know for a huge variety of diverse wrinklees which shows the micturate has proved to be very versatile and back believably be put with or so handle and brings an element of success. however it is vital that when a brand prognosticate is used so widely it is portrayed in the rightfield light. Any colossal stories in any of Virgin’s strategic business units portraying Virgin in a bad way, could meet all the other companies with the name Virgin attached to it, and consumer religious belief in them could waver. Sole leadership of Branson Branson is recognized as the about important asset of VG, he is also one of the worlds most powerful and recognized brands and known for his public personal and revolution as evidence by the awards given to him. Under his strategic leadership, VG has more(prenominal) than 350 companies operating mo re than 200 businesses. Without any evident succession plan to regenerate him, the livelihood of VG could be at stake. Even if the brand could survive, it would not be as habitual during the era of Richard Branson.

Over-expansion through never-ending variegation From the earlier corporate take analysis, it is noted that a signifi poopt portion of VG’s diversification is in orthogonal businesses like Virgin Money and Virgin Cola. Such diversification is of high risk and minimal election sharing, should the business surroundings is unfavorable, and this could affect the business soundness of VG re sulting in hefty losses. VG could spark tow! ards more related value creating diversification businesses where more resources and activities can be shared resulting in sparing of scale and damage saving, resulting in reduce business risk. annex competitions and the search for red-hot market Virgin has always looked out for capability and static market in which they can make an rival to increase its portfolio. However, with the increase in competitions and lack of...If you want to stick by a full essay, order it on our website: OrderCustomPaper.com

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