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  • G1 Company Presentation Final

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    Johnny Vu
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    1. G1 Shoes is a leading footwear manufacturing and exporting company in Vietnam that has been impacted by the COVID-19 pandemic, with reduced demand from European clients leading to lost accounts and reduced revenue. 2. In response, the company has expanded into new domestic and Asian markets, streamlined operations to reduce costs, and reorganized departments to increase productivity. 3. These strategic changes have started to show positive results in Q1 2021 with more Asian clients, improved performance, and increased employee skills through training. However, further challenges are expected in the next 6 months due to potential lockdowns and issues with staffing, orders, and supply chains.

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    Strategic design

    Original Title

    G1 Company Presentation Final (1)

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    1. G1 Shoes is a leading footwear manufacturing and exporting company in Vietnam that has been impacted by the COVID-19 pandemic, with reduced demand from European clients leading to lost accounts and reduced revenue. 2. In response, the company has expanded into new domestic and Asian markets, streamlined operations to reduce costs, and reorganized departments to increase productivity. 3. These strategic changes have started to show positive results in Q1 2021 with more Asian clients, improved performance, and increased employee skills through training. However, further challenges are expected in the next 6 months due to potential lockdowns and issues with staffing, orders, and supply chains.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    8 views12 pages

    G1 Company Presentation Final

    Uploaded by

    Johnny Vu
    1. G1 Shoes is a leading footwear manufacturing and exporting company in Vietnam that has been impacted by the COVID-19 pandemic, with reduced demand from European clients leading to lost accounts and reduced revenue. 2. In response, the company has expanded into new domestic and Asian markets, streamlined operations to reduce costs, and reorganized departments to increase productivity. 3. These strategic changes have started to show positive results in Q1 2021 with more Asian clients, improved performance, and increased employee skills through training. However, further challenges are expected in the next 6 months due to potential lockdowns and issues with staffing, orders, and supply chains.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    of 12

    STRATEGIC DESIGN POST

    COVID
    Group 1
    G1 EXPORT
    COMPANY
    IN DONG NAI
    I n t r o d u c ti o n

    Add a Footer 2
    OVERVIEW COMPANY
    G1 Shoes has earned prestige as a great company specialized
    in footwear producing and exporting in cooperation with
    world-renowned brands. So far, G1 has succeeded in
    asserting our strengths of vulcanized footwear.

    Based on their distinguished strengths of vulcanized


    products, G1 determines to become the leading
    manufacturing group in the segment of footwear and fashion
    accessories by 2030 – Not only meeting the highest
    productivity and quality but also enhancing the quality of
    work environment and advanced workforce

    Add a Footer 3
    CAPABILITY

    Having 1.380
    employees

    4
    FROM MARCH 2020- DEC
    2020
    SITUATION
    Covid 19 situation in Euro • August 2020: Young people
    and holidaymakers blamed
    • February 2020: Coronavirus reaches
    for rising cases
    Europe and northern Italy locks down

    • March 2020: European countries lock


    • September 2020: Infections

    down amid rising hospitalizations rise in Europe

    • April 2020: Half of humanity under • October 2020: Curfews and


    lockdown stark warnings
    • May 2020: Epicenter of epidemic • November 2020: Europe
    moves to South America
    returns to lockdown
    • June 2020: Countries ease up on
    • December 2020: First
    social distancing
    Add a Footer
    vaccines are finally approved 5
    FROM MARCH 2020- DEC
    2020
    SITUATION
    Covid 19 situation in • Vietnam has suspended the entry of
    VIETNAM
    all foreigners from 22 March 2020
    • The virus was first confirmed to have until further notice to limit the spread
    spread to Vietnam on 23 January 2020. of COVID-19. The measure will not
    Early cases were primarily imported apply to diplomats, officials, foreign
    until local transmission began to investors, experts, and skilled
    develop in February and March. workers.
    • Clusters of cases were later detected in
    Vĩnh Phúc,[7] Hải Dương Province and
    three major cities of the country, with
    the first death on 31 July 2020.
    Add a Footer 6
    1. Losing more accounts due to reduce
    demands of Europe clients

    2. Reduce revenue of income and


    COMPANY SITUATION
    increase labor cost
    From March 2020- Dec 2020

    3. Only have a choice of European


    Market to export products

    Add a Footer 7
    • Rethink the Strategy
    • Expand Market segment

    • Searching Domestic market and Asian


    Countries
    COMPANY SOLUTION
    •
    From Sep 2020- Jun 2021
    Recover revenue
    • Create different promotion for oversea clients

    • Streamline operations/processes
    • Redefine internal process to reduce wastage

    • Redesign the organization


    • Create new team to search new market in
    Asian Countries

    • Merging some departments and functions to


    increaser more productivity

    Add a Footer 8
    • Emphasize continuous learning
    • Increase expense for training for middle
    managers
    COMPANY SOLUTION
    • Invite expertise to improve shortage of
    From Sep 2020- March 2021
    knowledge and skills

    • Enforcing employees to attend training


    class as compulsory

    • Accelerate digitalization
    • Implement ERP Software; CRM Software
    & Hr Software

    Add a Footer 9
    OUTCOME Q 1 2021
    • More Asian Country clients

    • Improve G1 performance

    • Increase productivity

    • Reduce cost of wastage

    • Support board of management to make quick decisions

    • Increase employee’s skills & competences

    10
    FORECAST
    • Short term actions June 2021- Dec
    • Difficulties from June 2021- Dec 2021
    2021 • Increase number of employees got
    vaccine doses
    • Shortage of employee due to lock- • Keep key employees to stay in
    down manufacture
    • Encourage other employees to ready
    • More request of orders regarding to stay in company in 60 days
    resilient of Euro’s clients • Request clients to extend delivery
    schedule
    • Face of losing accounts due to • Find another solution for logistic
    broken contracts

    • The price of material keep increasing

    Add a Footer 11
    THANK YOU
    SUBTITLE GOES HERE

    12

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