Understanding of Competitor's Weaknesses
The president of One-hour Delivery Service wanted some help to continue their
positive growth trend. Using Business Insight to sensitize his management to
strategic planning issues and to compare their business against the competition,
he says, "Business Insight is the best tool I have found for getting my
personnel to seriously address the strategic planning process."
One Hour Delivery Service, Inc. began business 13 years ago in Dallas, Texas.
Today they are still a local business, but have grown to 50 employees, employ an
additional 100 independent drivers and generate more than $5,000,000 in annual
revenues. Over the years the company, owned and managed by Charles McLean III, has
gained a good understanding of the local market and established a well defined
niche. They are the largest on-call delivery service in the Dallas/Fort Worth area
and offer 24 hour, 365 days a year service. They offer same day delivery
throughout the U.S., customized billing programs and insured, bonded and uniformed
drivers.
As his enterprise grew, Mr. McLean became concerned that his management and
sales staff were not giving enough consideration to the longer term business
strategy. In 1991 he purchased Business Insight to help analyze his strategy. He
used it himself for awhile to get comfortable with the process and to better
understand how to relate the specifics of his business to the data input
questions. Then he had his management work with him to establish their
strategy.
He has been pleased with the results achieved through this process, but he
decided to take it another step. He involved his sales personnel and set them the
task of using Business Insight to define the strategy of each of their major
competitors. They gather the data input from information the sales personnel get
as they communicate with prospects, from a Dun & Bradstreet data base and from
public domain information such as revenue, number of deliveries for a given period
and number of delivery vehicles.
Using the resulting analyses, both management and sales personnel are able to
isolate the competitor's potential weaknesses and define counter strategies that
offer them the best opportunity for acquiring market share and improving revenues.
Mr. McLean says, "Business Insight is the best tool I have found for getting
my personnel to seriously address the strategic planning process."
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