Southwest Airlines' strategy elements include maintaining the highest employee productivity levels, focusing on low-cost short-haul flights with high frequency on certain routes. Executing this strategy requires highly committed and empowered employees who help create a friendly atmosphere throughout the company. Southwest gains a competitive advantage through low prices enabled by cost minimization strategies like no frills service, using only Boeing 737 aircraft for standardized parts and maintenance, and high employee involvement to maximize productivity.
Southwest Airlines' strategy elements include maintaining the highest employee productivity levels, focusing on low-cost short-haul flights with high frequency on certain routes. Executing this strategy requires highly committed and empowered employees who help create a friendly atmosphere throughout the company. Southwest gains a competitive advantage through low prices enabled by cost minimization strategies like no frills service, using only Boeing 737 aircraft for standardized parts and maintenance, and high employee involvement to maximize productivity.
Southwest Airlines' strategy elements include maintaining the highest employee productivity levels, focusing on low-cost short-haul flights with high frequency on certain routes. Executing this strategy requires highly committed and empowered employees who help create a friendly atmosphere throughout the company. Southwest gains a competitive advantage through low prices enabled by cost minimization strategies like no frills service, using only Boeing 737 aircraft for standardized parts and maintenance, and high employee involvement to maximize productivity.
ERP: 07191 Assignment# 1 Dated: 6/17/16 Q: What are the elements of the strategy? The elements of strategy of southwest airlines are,
Highest productivity levels form employees.
Low niche and High frequency. Shorter hauls than most of the airlines operating. Conformist growth pattern: not going into sates which have 2-3 flights per day
Q: What does it take to execute this strategy?
Executing such a strategy requires a lot more than conventional commitment; one of the key element for execution of strategy are employees.
Highly committed employees.
Empowered employees. Friendly atmosphere throughout the company. High involvement by the employees.
Q: How does southwest gets its competitive advantage?
Southwest gets its competitive advantage through the following strategies; 1. Low Price 2. Cost Minimization No frills 737 (standard Aircrafts) Easily Available spare parts.