Subject category:
Strategy and General Management
Published by:
London Business School
Length: 3 pages
Data source: Field research
Topics:
Competitive strategy; Market definition; Business model; Strategic innovation; New market space; Value curves; Growth and adaptation; Evaluating business designs; Evaluating strategic innovation; Capability based diversification; Strategic groups; Industry analysis; Strategic and organisational fit
Abstract
This mini-case accompanies a six-case series. easyCar is a series of cases that tells the story of an innovative car rental company. The series focuses on easyCar?s first five years of existence reviewing how the company had to adjust to market realities and to re-define itself several times. Cases (A)-(F) break down the company?s early history into 6 stages: (A) the decision to enter the car rental market; (B) the 1999 business model; (C) competitive challenges; (D) the 2001 business model; (E) the viability of the 2001 business model; and (F) easyCar in 2005. The series also comprises a comprehensive teaching note, this item, a mini-case focusing on the early business model and a short case contrasting the experience of Enterprise Rent---Car. The series can be used to address the traditional parts of strategy including market definition, competitive interaction, and resource and capabilities, but it also provides an interactive springboard to discuss strategic innovation, creating new market spaces, and emerging strategies. While the case series is quite accessible to younger students, it is particularly well suited to MBA and executive audiences. The industry is clear enough to be grasped quickly, but there are also several non-obvious subtleties. The multi-part format works well, enhances the dramatic tension in the classroom, and provides an ideal background to put innovative and disruptive ideas to a test.
About
Abstract
This mini-case accompanies a six-case series. easyCar is a series of cases that tells the story of an innovative car rental company. The series focuses on easyCar?s first five years of existence reviewing how the company had to adjust to market realities and to re-define itself several times. Cases (A)-(F) break down the company?s early history into 6 stages: (A) the decision to enter the car rental market; (B) the 1999 business model; (C) competitive challenges; (D) the 2001 business model; (E) the viability of the 2001 business model; and (F) easyCar in 2005. The series also comprises a comprehensive teaching note, this item, a mini-case focusing on the early business model and a short case contrasting the experience of Enterprise Rent---Car. The series can be used to address the traditional parts of strategy including market definition, competitive interaction, and resource and capabilities, but it also provides an interactive springboard to discuss strategic innovation, creating new market spaces, and emerging strategies. While the case series is quite accessible to younger students, it is particularly well suited to MBA and executive audiences. The industry is clear enough to be grasped quickly, but there are also several non-obvious subtleties. The multi-part format works well, enhances the dramatic tension in the classroom, and provides an ideal background to put innovative and disruptive ideas to a test.