La Martina: Leveraging Polo's Luxury Lifestyle Case Study Memo

Case Study Recommendation Memo Assignment

At Fern Fort University, we write La Martina: Leveraging Polo's Luxury Lifestyle case study recommendation memo as per the Harvard Business Review Sales & Marketing case memo framework. If you are looking for MBA, Executive MBA or Corporate / Professional level recommendation memo then feel free to connect with us.

Other topics that can be covered in the above case memo are Business models, Entrepreneurship, Growth strategy, Risk management . The recommendations in the case memo are - aligned with strategy of the company, based on robust data, and provide a clear roadmap for execution.

Order Now - La Martina: Leveraging Polo's Luxury Lifestyle Case Memo

Order Now - La Martina: Leveraging Polo's Luxury Lifestyle Porter 5 Forces Analysis & Industry Analysis

La Martina: Leveraging Polo's Luxury Lifestyle Description

Sales & Marketing Case Study | Authors :: Anat Keinan, Maria Fernanda Miguel, Sandrine Crener

Founded in 1984 in Buenos Aires, Argentina, La Martina has grown from a high-end polo equipment company into a global fashion brand with operations in 56 countries. Polo, which is not only a sport but also a way of life, is at the core of the brand DNA. Polo is a unique sport with a long history and strong culture that the brand intends to protect, preserve, and share with as many people as possible. The world of polo has traditionally conjured up images of exclusivity, sophistication, and elegance, attracting a wealthy crowd of royals, movie stars, and successful business entrepreneurs. It has naturally developed into a suitable environment for luxury brand sponsorship, co-branding, and partnership opportunities. At the same time, polo is a "niche" sport with limited expansion opportunities. Could La Martina continue to grow within the polo world boundaries? Should La Martina diversify into other sports? What impact would a departure from its polo roots have on the brand identity and authenticity? As a global fashion retailer, La Martina was also confronted with a new set of challenges driven by changes in technology, e-commerce, social media, consumer preferences, and shopping behaviors. In 2015, in a fast-paced, globalized, and ultra-competitive environment, La Martina needed to reconsider its business model and decide on its next strategic move. This case includes the topic of luxury.

Business models, Entrepreneurship, Growth strategy, Risk management

Purpose of Sales & Marketing Case Study Recommendation Memo

A Case Study Memo or Case Study Recommendation Memo is a routinely used document in leading organizations, and you may be writing number of such memos to executive leadership to “sell” or elevate an initiative that either you are undertaking or you wanted to kick start. Therefore, it is essential that you have a professional case study recommendation memo.

The purpose of a recommendation memo is to concisely recommend a course of action and provide rationale supporting the recommendation. The case study recommendation memo is a one-two page document (not including exhibits) that recommends your course of action and rationale. This format promotes a concise and clear strategic thought process.

Elements of a Case Study Recommendation Memo for – MBA & Executive MBA

1. First Paragraph of La Martina: Leveraging Polo's Luxury Lifestyle recommendation memo

• This paragraph expresses your intent or action that you required after reading the La Martina: Leveraging Polo's Luxury Lifestyle case study (This recommends……).
• Topic overview of the case study (the “what”, not “when” or “how”): costs, funding, etc.
  
• Ends with the hook: selling idea, the “why” or payoff: this part reveals the author’s point of view. What you intend to do after reading the case and it clearly mention your decision.

Order Now - La Martina: Leveraging Polo's Luxury Lifestyle Case Memo

Order Now - La Martina: Leveraging Polo's Luxury Lifestyle SWOT & PESTEL Analysis

2. Background of La Martina: Leveraging Polo's Luxury Lifestyle case study

This paragraph explains why we are talking about this today. It lays out the story. It provides us details from the case story such as -

• Historical perspective on the problem is provided. Details are elaborated that underline the given problem.
• Highlights - what brought us to this moment, why we are in this position, what brought about the need to make this decision.
• Dimensionalize the importance of the problem to the organization and how it is impacting the organization.
• Constraints – Provide a situational analysis based on case study analysis.
• Keep the background section both factual and concise. It is part of the memo where we provide a brief insight into the problem and define the problem.

Checklist

Is the background clear, concise, and easy to follow?
Does it explain why action is needed now?
Does the appropriate sense of urgency come across in the case study?

3. Recommendations for La Martina: Leveraging Polo's Luxury Lifestyle Case Memo

Recommendations section will provide details regarding what is needed to be done, how it can be done, when to do it and who will do it. It can be elaborated with scenario planning as businesses

• The details of what, when and how. NO 'why'.
• This section should be very specific (100% clear). It must be actionable (How much will it cost, when, how, who). The reader should be able to read this and know how to carry out this recommendation.
• Some cases will require more than one recommendation. It often happens that the firm will require more than one recommendations as there are numerous unknown in the market place.

Checklist

Is the recommendation clear and actionable? Does the firm has capability to implement the recommendations or does it needs to hire fresh talent?

4. Basis for the Recommendations

• Here the reader of the case memo will learn WHY each recommendation is the UNIQUE right thing to do.
• 2-3 solid reasons are typical. The reasons should be backed by clear logic, organization’s vision and mission statements, and robust data analysis.
• Orignal recommendation can be backed by few supporting roadmap to actions. In operations cases the Critical Path Method of PERT can be used to illustrate the point.
• Support includes impact on profit, share, and anything else that can affect long-term business goals of the firm.
• Analysis should address applicable quantitative issues such as NPV, break even analysis, pro forma statement of project budget, sensitivity analysis; as well as qualitative issues, such as, technology consistency, architectural conformance, innovation potential, etc.
• Appeals to precedent and anecdotal evidence in absence of data, but only in limited, carefully constrained manner.
• Shows how the recommendation will put the firm at a competitive advantage or is simply acompetitive necessity.
• The goal is to read the basis and conclude the recommendation.

Checklist

• Is the recommendation an inescapable conclusion of the basis?
• Does the basis for recommendation appropriately consider:
  1. Core competencies and consistency with mission?
  2. External customers and internal clients?
  3. Competitors?
  4. Attractiveness – quantitative measures if applicable (e.g., NPV, ROI, break-even, payback)?
• Are all assumptions explicitly stated (e.g., needs, technology trends)?

5. Discussions

• Outline other alternatives not selected and provide brief reasoning for doing so.
• Discuss risks and key assumptions for La Martina: Leveraging Polo's Luxury Lifestyle case memo (use full disclosure, reference options grid) of your recommendation.
• When you give a precise number or range, you must support the basis as well.

Checklist

• Is the analysis thorough with key alternatives fairly considered using options grid?
• Risks associated with recommendation for La Martina: Leveraging Polo's Luxury Lifestyle are properly addressed given the present capabilities and future expectations?

6. Next Steps for La Martina: Leveraging Polo's Luxury Lifestyle case study memo

• Clearly specify the roadmap of the execution. Provide specific date and action that are required to carry on the next steps.
• Task assignment, objectives, roles and metrics should be mentioned in advance to reduce ambiguity and replication. (what will be done, by whom, and by when)

Checklist

• Clear follow-up/next steps?
• If appropriate, lay out timeline with key milestones to implement recommendation.

7. Exhibits for La Martina: Leveraging Polo's Luxury Lifestyle case memo

• An Exhibit can be a data chart, map, graph, grid, or simple data table.
• While doing the calculations please mention all the assumptions. The reader won’t able to decipher each of the assumption so make them explicit.
• Exhibits should have Title, sources, footnotes to calculation. The point of the Exhibit should be instantly clear to the reader.
• Exhibits should be cited in the proper order (i.e., do not cite Exhibit 4 first in your Memo and then Exhibit 2).
  

Checklist for La Martina: Leveraging Polo's Luxury Lifestyle case study memo exhibit

• Is the analysis presented in the case memo - precise, accurate, and data-based?
• Are the exhibits clearly laid out, titled, and referenced in the case study memo?
• Is every assumption mentioned in the case memo is explicitly listed?

NOTE: Every memo may not include every element described above. The specific case will dictate what must be included. For custom case memo please email us or process the order.

You can order La Martina: Leveraging Polo's Luxury Lifestyle Case Study Recommendation Memo with us at Fern Fort University .