Amo Byng - Strategic Plan

Embed Size (px)

Citation preview

  • 8/3/2019 Amo Byng - Strategic Plan

    1/27

    Designed by PATRA CONSULT. 2007

    STRATEGIC PLAN FOR THE FEED BUSINESS

    2007 - 2017

    AMO BYN NIGERIA LIMITED

    THE STRATEGIC PARTNERSHIP/ALLIANCE FOCUS

  • 8/3/2019 Amo Byng - Strategic Plan

    2/27

    Designed by PATRA CONSULT. 2007

    TABLE OF CONTENTS

    Page

    Forward

    List of Tables

    List of Schedules

    List of Appendices

    1.0 Executive Summary

    2.0 Self - Assessment

    3.0 Business Environment 4.0 Strategic Vision

    5.0 Strategic Plan

    6.0 Financial Plan

    7.0 Evaluation

    8.0 Implementation Schedule

    Appendix Schedules

  • 8/3/2019 Amo Byng - Strategic Plan

    3/27

    Designed by PATRA CONSULT. 2007

    FORWARD

  • 8/3/2019 Amo Byng - Strategic Plan

    4/27

    Designed by PATRA CONSULT. 2007

    LIST OF TABLES AND SCHEDULES

  • 8/3/2019 Amo Byng - Strategic Plan

    5/27

    Designed by PATRA CONSULT. 2007

    EXECUTIVE SUMMARY

    Amo Byng Nigeria Limited (ABNL) started from the scratch in 2003 with financial and credibility

    challenges. The company promoted itself as a new customer friendly brand backed by market penetration

    campaign and pricing strategies.

    It recorded a moderate ..% growth in sales over 2 years from 2003 in 2Sales performance has

    recorded virtually a flat growth between 2005 and 2007 subject to limiting effect of the raw material and

    market vagaries

    .

    New Initiatives are being evolved and would be driven by strategic action plans to

    ..

    Against the background of the existing the overall strategic business plan, major changes in resource

    acquisition, product definition and repositioning, service delivery, value chain delivery structure and

    performance target would be embarked upon to significantly position ABNL to achieve .. Vision..

    Mission. Sales ..% market share target.

    .. .

  • 8/3/2019 Amo Byng - Strategic Plan

    6/27

    Designed by PATRA CONSULT. 2007

    EXECUTIVE SUMMARY

    Strategic partnership with a carefully selected, recruited ..is core to the new vision

    This is against the background of the fact that cross-firm and cross-Institution Partnershipshave become imperative for the following reasons

    Core Competency Business Models need Partners

    Customer-Supplier Strategic Partnerships

    Rapidly Changing Technology & Knowledge Required for Global Market Access

    Increased Interdependence--problems require joint action of firms, community groups, government.

    The following principles of Partnership shall be the structure guiding our strategicdevelopment of long term business alliance with selected Accounts.

    1. Trust and Respect -

    2. Shared Vision

    3. Negotiated Change 4. Joint Implementation and Governance

    5. Learning and Adjustment

  • 8/3/2019 Amo Byng - Strategic Plan

    7/27Designed by PATRA CONSULT. 2007

    INTRODUCTION

    Why a Strategic Plan.

    Management of ABNL arrived at a pre-determineddecision to break the cycle of the run of the mill

    performance recorded in the last four years since it

    started operation, to strategically reposition the

    company and expand the frontiers of a welldeveloped service and value chain delivery system

    where strategic partnership with carefully selected

    and well groomed corporate level distribution

    Accounts, who are expected to be virtual extensions

    of ABNL, would leverage a tremendous sales

    explosion plan for the company businesses.

  • 8/3/2019 Amo Byng - Strategic Plan

    8/27Designed by PATRA CONSULT. 2007

    ESSENTIAL LEARNINGDangers of Inaction

  • 8/3/2019 Amo Byng - Strategic Plan

    9/27Designed by PATRA CONSULT. 2007

    SELF-ASSESSMENT

    Who are we, and Where are we coming from.

    ABNL rose from the ashes of Amo Sanders Nigeria 4 years ago and commensed operation May 2003.

  • 8/3/2019 Amo Byng - Strategic Plan

    10/27Designed by PATRA CONSULT. 2007

    SELF-ASSESSMENT

    -Business Review-

    Sales -

    ABNLrose from the ashes of Amo Sanders Nigeria Limited 4 years ago ..

    .

  • 8/3/2019 Amo Byng - Strategic Plan

    11/27Designed by PATRA CONSULT. 2007

    SELF-ASSESSMENT

    -Distributors Vs Direct Contribution-

    Contribution of the direct business and trade segment to sales over the yearshas underscored the importance of the channel operators in the value chainsystem. Feed distributors have played a significantly increasing role in productand service delivery to end users against the background of limited indistribution infrastructure and reach.

    0

    50

    100

    150

    2004 2005 2006 2007

    Distributors

    Direct

    Total

  • 8/3/2019 Amo Byng - Strategic Plan

    12/27Designed by PATRA CONSULT. 2007

    SELF-ASSESSMENT

    Opportunities and Challenges

  • 8/3/2019 Amo Byng - Strategic Plan

    13/27Designed by PATRA CONSULT. 2007

    BUSINESS ENVIRONMENT

    -Competitive Analysis-

    Trade Analysis Comparative analysis shows that average

    monthly purchase of Amo Byng Distributor is 1020 % of the average monthly purchase of TopFeed Distributor.

    Average monthly purchase of the frontlinedistributors with competition is higher.

    Field Force Performance Analysis

    Top Feed in particular has less number of fieldforce members, barely 30% of the field forcestrength of Amo and Animal care

    Animal Care with virtually the same number offield-force strength has other business segmentssuch as Animal Health and Herbal products to

    justify the manning.

    0

    100

    200

    300

    2005 2006 2007

    Amo

    Top

    Others

    0

    1

    2

    3

    4

    2004 2005 2006 2007

    Amo

    Top

    ACKS

    Others

    Distributors contribution

    Field-force Strength

  • 8/3/2019 Amo Byng - Strategic Plan

    14/27Designed by PATRA CONSULT. 2007

    STRATEGIC VISION

    Possibilities Unbound : Plan 2017

    Vision:

    Mission

    Build alliance relationships and double our sales strength

    Shift to the idea of cooperation and collaboration for increased success and profits.

    Learn how to adopt The Total Organizational Partnering System strategy and tactics into your

    organization's culture.

  • 8/3/2019 Amo Byng - Strategic Plan

    15/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLAN

    Possibilities Unbound : Plan 2017

    Strategic Priorities:

    Strategic Goals: Double sales through distribution channel in the first year and sustain a 20% growth

    over the next 5 years.

    Achieve monthly sales of 6000 Metric tons (MT) contribution from strategic

    partners in five years on progressive basis. Recruit 20 corporate level partners over the next 5 years with capacity to move 300

    tons per months

    Increase market share from current 4% to 10% in three years and 20% in five yearsand 30 in 10years.

  • 8/3/2019 Amo Byng - Strategic Plan

    16/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLANMajor Strategies for strategic partnership

    Develop strategic partnership with net worth customers.

    Embark on corporate level enlistment/recruitment of 20 net worth Accounts

    Develop core range of consolidated customers and extend/give more value to

    motivate higher channel performance

    Strengthen partners structurally and technically to facilitate/enhance third party

    complementary efforts to cascade customer value downstream.

    Regulate the Channel operators through minimum requirements for partnership and

    collaboration.

  • 8/3/2019 Amo Byng - Strategic Plan

    17/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLANOther Major Strategies

    Develop a second to none technical team with core competence in customer support services.

    Amo sales/technical team shall develop field force for strategic partners.

  • 8/3/2019 Amo Byng - Strategic Plan

    18/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLANStrategic Partnership: Action Plan

    Formulate Company-wide policy for internal and External Partnership/Alliances

    Specific standards and values for staff and strategic partners should be clarified as a policy thrust.

    A Partnership Steering Committee shall be put in place to this effect

    Strategic Partners Forum

    The first effort at introducing the new initiative shall be at a forum which shall be used to clarifyingwhat we are going to do and for what is expected of strategic partners

    The forum shall specify the requirements for the partnership drive and the value sharingtherefrom.

    Training :

    Technical, customer service and marketing skills empowerment sessions fully footed bt Amo Byng

    POA and Targets setting:

    Joint Meetings:

    Strategic partners shall be invited to regular forum for idea and strategy sharing.

    Strategic Meetings

    Annual Sales Meting

    Award Ceremonies

  • 8/3/2019 Amo Byng - Strategic Plan

    19/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLANStrategic Partnership: Action Plan in Details

    Formulate Company-wide policy for internal and External Partnership/Alliances

  • 8/3/2019 Amo Byng - Strategic Plan

    20/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLANStrategic Partnership: Action Plan in Details

    Strategic Partners Forum

    The first effort at introducing the new initiative shall be at a forum which shall be used for clarifyingwhat we are going to do and for what is expected of strategic partners

    The forum shall specify the requirements for the partnership drive and the value sharingtherefrom.

  • 8/3/2019 Amo Byng - Strategic Plan

    21/27Designed by PATRA CONSULT. 2007

    STRATEGIC PLANStrategic Partnership: Action Plan in Details

    Training :

    Technical, customer service and marketing skills empowerment sessions fully footed bt Amo Byng

  • 8/3/2019 Amo Byng - Strategic Plan

    22/27

    Designed by PATRA CONSULT. 2007

    STRATEGIC PLANStrategic Partnership: Action Plan in Details

    POA and Targets setting:

  • 8/3/2019 Amo Byng - Strategic Plan

    23/27

    Designed by PATRA CONSULT. 2007

    STRATEGIC PLANStrategic Partnership: Action Plan in Details

    Joint Meetings:

    Strategic partners shall be invited to regular forum for idea and strategy sharing.

    Strategic Meetings

    Annual Sales Meting

    Award Ceremonies

  • 8/3/2019 Amo Byng - Strategic Plan

    24/27

    Designed by PATRA CONSULT. 2007

    IMPLEMENTATION PLAN/ SCHEDULETimeline:

  • 8/3/2019 Amo Byng - Strategic Plan

    25/27

    Designed by PATRA CONSULT. 2007

    EVALUATION

  • 8/3/2019 Amo Byng - Strategic Plan

    26/27

    Designed by PATRA CONSULT. 2007

    APPENDIX/SCHEDULES

  • 8/3/2019 Amo Byng - Strategic Plan

    27/27

    ATTACHMENTS