Haier Strategy Case Study
Key Learning Outcomes
- Understand the broad macro-environment of Haier and the global household appliances industry in terms of political, economic, social, technological, environmental and legal factors (PESTEL/PEST/STEEPLE).
- Use our swot analysis example to gain an overall understanding of Haier's strengths and weaknesses and strategic options arising from the opportunities and threats that have been identified from the Pestle analysis example on it's business environment.
- To apply strategy business models and frameworks such as Pestle/Pest/Steeple, Swot etc to real company cases.
Analyse the internal and external environment of Haier using SWOT & PESTLE 2017
- See also, Lenovo Pestle & Swot
- See also, Huawei Pestle & Swot
- See also, China Mobile Pestle & Swot
1.0 INTRODUCTION
Haier is a leading global Chinese brand specializing in the manufacture and retailing of household appliances and consumer electronics. It was founded in 1984 and currently headquartered in Qingdao Shandong province of China (Haier.net) .The Company develops and designs a range of home appliances including refrigerators, microwave ovens, mobile phones, laptops, washing machines and even televisions. The company’s global revenue for the year 2017 was 241.9 billion RMB, a year on year increase of 20% from the previous year including a 25% rise in domestic revenue, while profits increased by 41% (Xinhua 2018).