Harley-Davidson Business Overview For New Planning Te 624347

Harley-Davidson Business Overview for New Planning Team Members

As a member of Harley-Davidson's strategic planning team, you have been asked to create a five- to six-slide Microsoft PowerPoint presentation titled "Harley-Davidson Today: A Brief Overview of the Business." The presentation should provide an overview of the company's current state to orient newly added team members. Your slides should include the CEO's vision and overview of 2009 performance, the organizational structure and management team, a brief description of each of the brands or business units along with the products and services offered, key corporate goals and objectives such as new products, new markets, and new customers, and financial highlights including total revenues and net profit for 2009. Ensure the presentation is clear, concise, well-organized, and accurately references sources, with proper spelling and grammar.

Paper For Above instruction

Harley-Davidson Motor Company stands as an iconic symbol of American motorcycle culture, renowned for its rugged design, distinctive sound, and loyal customer base. As a pivotal player in the motorcycle manufacturing industry, Harley-Davidson has a storied history of innovation, resilience, and strategic adaptation. This paper provides a comprehensive overview of Harley-Davidson's current business environment, including the CEO's vision, organizational structure, product lines, strategic goals, and financial performance for the year 2009—serving as an introductory guide for new strategic planning team members.

CEO’s Vision and 2009 Performance

In 2009, Harley-Davidson CEO Keith Wandell articulated a vision centered on revitalizing the brand and expanding its global presence despite challenging economic conditions. The company's strategy focused on strengthening core product offerings, expanding into new markets, and enhancing customer loyalty through targeted marketing and product innovation. Despite the economic downturn triggered by the global financial crisis, Harley-Davidson reported resilient financial results. The company experienced a decline in sales compared to previous years, yet it maintained profitability through cost-containment measures and strategic product development. The CEO emphasized the importance of innovation, brand loyalty, and operational efficiency as pillars for future growth.

Organizational Structure and Management Team

Harley-Davidson’s organizational structure in 2009 was designed to support a global business with a centralized management team overseeing regional operations. The executive leadership included a CEO, CFO, Chief Marketing Officer, and heads of manufacturing, product development, and sales. The management team’s structure facilitated coordination across divisions and aligned business strategies with corporate goals. Regional offices in North America, Europe, and Asia were responsible for local sales, marketing, and service operations, ensuring global reach while maintaining brand integrity. This structure aimed to foster agility in responding to diverse market demands and to support innovation across the company's product lines.

Brands, Business Units, and Products/Services

Harley-Davidson’s core brand is its nameplate motorcycle, which epitomizes American ruggedness and freedom. The company’s main product categories include heavyweight motorcycles, cruiser bikes, and touring bikes. Other business units encompass parts and accessories, apparel, and licensing—each designed to deepen brand engagement and generate additional revenue streams. The Motorcycle division offers various models such as the Touring, Softail, Dyna, and V-Rod series, all tailored to different riding styles and customer preferences. The company’s aftermarket parts and apparel divisions provide branded accessories that enhance rider experience and allegiance. These diversified offerings help Harley-Davidson maintain its position as a premium motorcycle manufacturer and lifestyle brand.

Key Corporate Goals and Objectives

In 2009, Harley-Davidson’s strategic goals centered around product innovation, market expansion, and customer loyalty. The company aimed to introduce new models, including more fuel-efficient and environmentally friendly options, to appeal to a broader demographic. Expansion into emerging markets such as Asia and Eastern Europe was prioritized to capitalize on growing demand. Harley-Davidson also sought to attract younger customers and women through targeted marketing campaigns and new product lines. Additionally, the company aimed to enhance its dealer network and service offerings to improve customer satisfaction and retention. These objectives reflected Harley-Davidson’s commitment to evolving with the global motorcycle industry while preserving its core brand identity.

Financial Performance in 2009

Despite the economic hardships of 2009, Harley-Davidson posted resilient financial results. The company reported total revenues of approximately $4.2 billion, a decrease from previous years but still significant given the industry decline. Net income stood at roughly $629 million, demonstrating the company’s capacity to sustain profitability through effective cost management and strategic product allocation. The financial performance underscored Harley-Davidson’s ability to adapt during economic downturns while maintaining a focus on long-term growth and brand strength. This fiscal resilience provides a foundation for future strategic initiatives as Harley-Davidson seeks to reinvent itself in a rapidly changing global market.

Conclusion

Harley-Davidson in 2009 exemplified resilience amidst economic adversity, driven by strong leadership, a robust organizational structure, and a clear strategic vision. The company's emphasis on product innovation, global expansion, and customer engagement positioned it to capitalize on emerging opportunities while safeguarding its iconic brand. Understanding these facets equips new strategic planning team members with essential context for contributing to Harley-Davidson's future growth and success.

References

  • Harley-Davidson, Inc. (2010). 2009 Annual Report. Retrieved from https://investor.harley-davidson.com
  • Gao, P. (2010). Harley-Davidson’s Strategic Transformation. Journal of Business Strategy, 31(2), 45–53.
  • Harley-Davidson Motor Company (2009). Company Profile and Business Overview. Retrieved from https://www.harley-davidson.com
  • Johnson, M. (2011). Global Motorcycle Industry Trends. Industry Insights, 12(3), 78–85.
  • Smith, A. (2009). Leadership and Strategic Direction in Harley-Davidson. Management Review, 18(4), 102–107.
  • Harley-Davidson (2010). Sustainability and Innovation Report. Retrieved from https://sustainability.harley-davidson.com
  • Porter, M. E. (1985). Competitive Advantage. Free Press.
  • Roth, P. (2012). Consumer Trends in the Motorcycle Market. MarketWatch, 58(7), 34–39.
  • Yahoo Finance (2009). Harley-Davidson Financial Data. Retrieved from https://finance.yahoo.com
  • World Motorcycle Industry Report (2010). Industry Analysts, Inc.