BS Assignment - Table of Contents B Strategies Formulation(i Company\u2019s vision mission and corporate social initiatives(ii External Environmental

BS Assignment - Table of Contents B Strategies...

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Table of Contents B. Strategies Formulation (i) Company’s vision, mission and corporate social initiatives (ii) External Environmental Analysis (a) PEST analysis (b) Porter’s Five Force (iii) Internal Environmental Analysis (a) Financial Analysis (b) SWOT analysis (c) Resource Based View C. Strategic Issues D. Strategic Choice References Appendices 1
Executive Summary 2
B. Strategies Formulation (i) Company’s vision, mission and corporate social initiatives. Vision To be the best fashion company ever Aspire to be a global leader in the fashion and retail industry Mission To exceed customers’ expectations and our brands’ promise Corporate Social Initiatives First and foremost, for the contribution to the environment Padini has collect a total amount of 1505 kg of used paper and paper product sold for recycling and the proceeds amounting to total RM301 in the year 2017. Although it was negligible, the company will use in part to fund some of the philanthropic activities. Besides that, Padini has organized a beach cleaning activity at Pantai Morib, Selangor and a park cleaning activity at Bukit Jalil Recreation Park, Kuala Lumpur. These activity organized by Padini was one a part of educating to the society to take care of our environment. Other than environment, for the contribution at the workplace, Padini has provide some education and training program for employees to build up a labour resources which suitable candidates will be selected to fill executive-level vacancies available in Padini. In 2009, the company has conducted 2 training programmes. The first program was Brands Outlet Retail Trainee Programme that started in June 2014 and it is open to graduate. This program is developed to impart skills needed to manage the frontline operations of a large- sized retail outlet and it conducted over a 3-month period. The second programme was Concept Store Operations Trainee Programme. This program was introduced in May 2015 following by the successful implementation of the Brands Outlet programme mention above. This two program was similar in nature but for this programme trainees do their on-the-job training in the Group Padini Concept Store. For community, the group has organize some of the philanthropy event in 2017. During the year, the group has spending nearly a total of 500 man-hours in visited nursing home, disabled childcare home and orphanage. Besides interacting and engaging with the 3
residents of the various home, the employees also performed for the resident during the visits. Donation of both kind and monetary were also made from proceeds derived from variety of fund-raising activities conducted by the Kebajikan Syarikat Padini Holding Berhad , a group that consist of volunteer from employees of Padini. A total of Rm27000 cash was donated do the home that visited. Besides that, Padini also has sponsored a total of 108 employees for the Early Detection and Prevention Save Live Programme conducted by the National Kidney Foundation and also donate RM 500 cash to the Foundation to fund the operating cost.

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