After the group did its homework, we believed we were ready to rectify the firm’s stance in the market. In order to get a feel of the game, we all decided to work together on finding possible solutions without properly reviewing the “interactive model”. This obviously led to a massive failure, where we wasted the whole budget trying to use the most expensive tactics, hoping they would yield the best results. That obviously was not the way to go about it. Although it took us a while to get into the vibe of the game, we soon realized what mistakes we were committing, and that time and intelligent thinking were imperative to solving this case.
We reviewed the change theory that was presented in the interactive model, and went over the seven stages that would ultimately guide us to success. The first step was “Understanding”, in which we were required to understand the need for change within the market’s environment, and trying to pinpoint the...
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