Thursday, September 12, 2019
Perma-Wood, Interlock, and Lumon Assignment Example | Topics and Well Written Essays - 1500 words
Perma-Wood, Interlock, and Lumon - Assignment Example Perma-Wood has capitalized on renovation, repair and construction of wooden and glass structures targeting local customers who are either renovating or building new houses. Although the company has expressed its intention to go global, it has remained a local company since its launch 32 years ago. The organization had branded itself as a ââ¬Å"client-orientedâ⬠organization that has remained and their service is based on the motto ââ¬Å"our peopleâ⬠that is designed to mean that the organizationââ¬â¢s employees are all geared towards ââ¬Å"customer serviceâ⬠(PermaWood.com, 2013). The organization has used media industry to market its products in the famous ââ¬Å"Steven and Chrisâ⬠television program. In its marketing strategy, the company has featured quality production for its clients by the use of some its beautiful works in the media advertisement. Since the establishment of the ââ¬Å"Wood First Movementâ⬠in Canada, the market has gained a lot of new entrants and competition has greatly increased in the wood services industry (Veniez, 2013). One of the major competitors of Perma-wood is the Black Forest Wood Company that has become a market leader in the industry. The organization has capitalized on unique quality products including the use of glass materials that has attracted most its customers and consequently generated a higher demand. This seems to be the main strategy that this company has utilized to resist competition and to survive in the industry. Although the force of competition in the market is still growing, the company seems to be moving forward through customer satisfaction strategy. A SWOT analysis of the Perma wood indicates that the organization has numerous strengths that has seen it survive in the market. Its quality driven services, customer-satisfaction and good worker relations has assisted the organization to remain a strong investor. However, the organization has exhibited a lot of weakness in its innovation and international strategies that hindered the organization from expanding its market. These weaknesses have made the organization vulnerable to the severe force of competition that has threatened to push the organization out of the market. The only way the organization can survive in this market industry is by capitalizing on the opportunities that have been brought about by the establishment of the ââ¬Å"wood firstâ⬠movement. This movement advocates wood use in construction be increased, a trend that promises more customers in the wood industry (Veniez, 2013). In conclusion, Permawood is a company that has remained competitive in the market through good customer and employee relationship. Although the organization seems to have streamlined its internal environment, there is evidence that the external market forces such a competition are threatening the organization. To survive in this market, the organization has to capitalize on the high demand trends that are e xpected in the near future in this industry. References Veniez, D., (2013). Wood First Should Make Way For Canada First. Business Canada. Retrieved from: PermaWood.com, (2013). Permawood: About Us. Retrieved from: Lumon Incorporation
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