diagram for business model

Work sheet 4

What business is Zara in?

Worksheet#4

Core Competencies & Competitive Advantages

Learning Task#8

Zara Competencies

There are essentially business results and primary business measures which are reflective of Zara’s competitive advantages and core competencies. These are financial and operational. Write them down in the space provided on Worksheet #4

Zara’s core Competencies and how Zara has built them to execute the behavior drivers.

· To create a timely and accurate “one-number plan” that drives all the business functions and enables planning initial assortment at the store level.

· To develop a synchronized supply chain with the ability to, react to trends and real-time market opportunities.

· To identify the recent fashion trends at the store level in real-time to determine how best to maximize sell-through

Learning task #10

Now that you have completed learning task’s 5-9, you should behave a good picture in your mind of how Zara’s approaches the apparel manufacturing and retailing industry. Draw a pictorial view of Zara’s business model. Make sure this view somewhat compatible with the Gap Inc’s business model from learning task#4. Please do this in power point(or an equivalent application) as you will need this for your final presentation. This model should clearly define how Zara approaches this business, the results of those efforts and how the standard industry risks are mitigated.