Pixar is a company that has become synonymous with innovation and creativity in the animation industry. Founded
Question:
Pixar is a company that has become synonymous with innovation and creativity in the animation industry. Founded in 1979 (Satel, 2015), the company has become a household name for its groundbreaking work in computer-generated animation, which has transformed the industry and created a new standard for quality and storytelling.
External Analysis
a. Industry Analysis
The animation industry is highly competitive. However, Pixar has been able to differentiate itself by producing high-quality, innovative films that have captured the imagination of audiences around the world. This has allowed the company to establish a strong brand recognition, which has helped to mitigate some of the competitive pressures in the industry.
b. Macro-environment Analysis
Pixar operates in an industry that is heavily influenced by technological advances and shifting consumer preferences. However, the company has been able to leverage these changes to its advantage, by staying ahead of the curve in terms of technology and by creating films that resonate with audiences of all ages.
Internal Analysis
a. Resource Analysis
Pixar's most important resource is its talented workforce. The company has a culture of creativity and innovation, which attracts some of the best animators and filmmakers in the industry. Additionally, Pixar has invested heavily in technology and infrastructure, which has allowed it to stay at the forefront of computer-generated animation.
b. Value Chain Analysis
Pixar's value chain is centered around the creation of high-quality, innovative films. This involves a complex process that includes story development, character design, animation, and post-production. Pixar has developed a highly integrated and collaborative approach to this process, which allows it to create films that are visually stunning and emotionally resonant.
SWOT Analysis
a. Strengths
Pixar's strengths include its talented workforce, strong brand identity, and its ability to stay ahead of the curve in terms of technology and innovation.
b. Weaknesses
Pixar's weaknesses include its relatively small size compared to some of its competitors, as well as its reliance on a relatively small number of key franchises.
c. Opportunities
Pixar has several opportunities for growth, including the expansion of its existing franchises into new markets, as well as the development of new properties that could become the next big thing in animation.
d. Threats
Pixar faces several threats, including increasing competition from other animation studios, as well as the changing preferences of consumers in an industry that is heavily influenced by trends and fads.
Strategic Options
a. Continue to innovate and push the boundaries of animation, to maintain its position as a leader in the industry.
b. Expand its existing franchises into new markets, to capitalize on its existing brand recognition.
c. Develop new properties that could become the next big thing in animation, to diversify its portfolio and reduce its reliance on a relatively small number of key franchises.
d. Pursue strategic partnerships or acquisitions, to expand its resources and capabilities and further strengthen its competitive position.
The recommendations are that Pixar focus on continuing to innovate and push the boundaries of animation, while also exploring opportunities to expand its existing franchises into new markets. Additionally, we suggest that Pixar continue to develop new properties that could become the next big thing in animation, to diversify its portfolio and reduce its reliance on a relatively small number of key franchises. Finally, we recommend that Pixar pursue strategic partnerships or acquisitions, to expand its resources and capabilities and further.
Operations management in the supply chain decisions and cases
ISBN: 978-0077835439
7th edition
Authors: Roger G Schroeder, M. Johnny Rungtusanatham, Susan Meyer Goldstein