Case Option #1: Ernie Herrman, President and CEO of TJX Companies has employed you as a consultant to assess the company’s overall situation and recommend a set of actions to improve the company’s future prospects. Mr. Herrman would like you to prepare a report that includes:
An evaluation of TJX’s global strategy and business model and the appropriateness for the off-price retail sector (are they positioned appropriately, do they have a competitive advantage, is it a wining strategy, etc.). Support your analysis.
An analysis of TJX’s key resources and capabilities (are they aligned with opportunities, etc.). Support your analysis.
An evaluation of TJX’s consolidated financial and operating performance (profitability, liquidity, etc.). Support your analysis.
A performance assessment and comparison of the company’s several operating segments (segment potential, issue areas, include on-line vs. retail discussion, etc.). Support your analysis.
A set of action recommendations that TJX’s management team should initiate to continue the company’s upward trajectory and preserve the company’s growth and performance. (strategic adjustments needed, resource allocation priorities, etc.)