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Master´s Thesis Evaluation by the Supervisor

Title of the Master´s Thesis:

A business model analysis of a local furniture retailer Author of the Master´s Thesis:

Philipp Reiter

Goals of the Master´s Thesis:

To answer the research question: „How can the case company assert itself through improvement, growth and differentiation in a gradually concentrating industry that drives out small companies?“

Evaluation:

Criteria Description Max.

points

Points

Content 70%

Output Quality In term of analysis the author did an excellent job. Except from competitive analysis (as mentioned below) he used many different frameworks and provided insights into the company operations as well markets. That is fully aligned with the title of the thesis.

Where I found bit of a limitation of the thesis is in the final part (aligned with the research question and thus the goal of the thesis) with all the suggested recommendations. The author developed many “growth” options but discussed only three of them without clear elaboration on why specifically these three. And I have to admit that I found the others also pretty interesting and potentially helpful. Possibly, the author could have focused only on one single area where the options would be better and in-depth analyzed. E.g. The author suggests implementing new ERP system, which may be definitely a good idea. But this is a nice show case of

recommendation which would require better analysis of the current workflow with all the features followed with the new one supported with ERP.

For more details see my questions for the defense.

20 16

Goals The goals of the thesis are evident and clearly stated. In terms of meeting the goals I really like the number of possible options mentioned in the appendix. I feel only so sorry that these were not elaborated in bigger detail or at least discussed the reasons for discarding most of them.

10 9

Methodology: The methods used were pursued correctly and in-line with the pre-set goals of the thesis. At the same time, I have to admit that I missed specifically more in-depth analysis of competitors on the market. It would be very important to see how the others are doing considering the proposed improvement, growth and differentiation options. The author also mentioned SWOT analysis in chapter 3.8. but there is none at the end.

20 17

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Theory/

Conceptualization:

The author described and used a very wide range of different theories associated with business analysis and Corporate strategy. Sometimes I felt even overwhelmed with the quantity of methods used and found some of them even as not that important for accomplishing given task. Then I missed bit the others which may be used for growth options evaluation.

20 18

Formal requirements 15%

Structure: The thesis is a consistent, well-organised logical whole.

3 3

Terminology: It meets the expectations.

4 4

Formalities: It meets the expectations. I only have to admit, that some information was bit redundand regarding given goals while other was described in very big

detail which made the extend of the thesis above average. 4 3 Citing: It meets expected standards.

4 4

Delivery 15 %

Presentation document:

Is the presentation itself structured in a clear way? Is it appealing and easy to

follow? Does it convey the message efficiently? 5

Presentation skills:

Are you conveying the message efficiently and timely? Do you use

appropriate words, speed, tone of voice, gestures, movement etc. to express

your thoughts in a clear manner? 5

Argumentation: Are you able to readily and briskly react to questions or comments? Are you able to explain unclear parts and connect comments to relevant places in your presentation or parts of particular analyses? How well are you able to defend to your ideas and recommendations?

5

100 0

Other comments:

Klikněte nebo klepněte sem a zadejte text.

Questions or comments to be discussed during the thesis defence:

However I am not directly challenging author´s idea reg. implementing Instagram, I wonder how it is in line with described personas?

Subscription model is also a great idea specifically for the first users. I am only thinking to whom the company would sell the second-hand furniture as this would be a different segment. Is it aligned with the company targeting and overall strategy?

And lastly, just out of curiosity, why the new (extra) location was discarded from recommendations?

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The name of the Supervisor:

Ing. Ladislav Tyll, MBA., Ph.D.

The employer of the Supervisor:

KSG, FPH, VŠE Date 30. 5. 2021

Signature of the Supervisor:

---

Odkazy

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