Logitechs Quality of Strategy Case Study Example | Topics and Well Written Essays - 2750 words

Logitechs look of Strategy - Case Study ExampleTheir product line incorporates Internet video cameras, mice and trackballs, keyboards, audio and telephone products, interactive gaming devices and 3D controller.Logitechs founding stones were kept in Apples, Vaud, Switzerland, in 1981 by two Stanford know alumni, Daniel Borel and Pierluigi Zappacosta, Logitech revolutionized the computer peripheral application by introducing the first mouse ever it now leads the computer industry with a wide range of innovative products that ease the PC navigation.Logitechs specialty is creating an interface between domain and the digital domain. But what started out as a niche market is now a major(ip) business operating in more than 150 countries worldwide, maintaining an excellent global brand image with enormous shelf space and an extended line of products. Each year, we roll out 100 new products, claimed Sandro Isteri, handler Swiss Operations Logitech International recognizing the leadershi p of its company.Logitechs success pivots on a number of factors of which the greatest vary was the recruitment of Guerrino De Luca, the current President And CEO of Logitech International, in 1997. Guerrino De Luca had the experience that Logitech needed when he became its president and mind executive officer in 1998 he was an engineer who knew selling. Under his direction, sales of Logitech products exploded, in less thence a span of seven years Logitechs Co-founder and current chairman saw its not so real competent company quadrupling profits every year and leading the charts in NASDAQ and Japanese exchange.De Lucas achievements at Logitech accounted for his outstanding leadership and innovative qualities, firm determination and above his luck, As our luck always worked for us.. remarked De Luca era discussing he thoughts on companys performance at a quarterly meeting.Logitechs business strategy has centered on efficient pricing and innovation and the major change that De Lu ca brought to the company was a swing from technology-centered operations to Consumer-centered policies. He realized that despite being in the technology business, the focus should be on successfully marketing the product preferably eliminating technological barriers. This is the reason why Logitechs products are efficiently designed and aesthetically developed. mint buy our mouse because it glows, said De Luca emphasizing on the need to lure customer with visual role and design.The Key factor of De Lucas leadership was a revision of market segmentation strategies which resulted in shift from OEM (Original Equipment Manufacturer) products to high-margin mark commodities for the retail market. This adjustment to the target market worked wonders for Logitech as it was exposed to the mass market segment and by the Fiscal Year 2006 it generated 89% of its revenues from the retail market. In less then two years, at the doorway of the Millennium posed huge threats to its closest comp etitor Microsoft and it now positioned itself as the company providing accessories to users of PC rather than only novel buyers.Logitechs management soon realized that in order to rule the market it was demand to concentrate on the basic principle of Marketing and to employee the You attitude with the customers and actually finding out what they require rather then mere assumptions. For this purpose a more flat