Madona Business Case Study
Table of Contents
Page #
Introduction……………………………………………………….……………… 3
Part 1 Madonnas Success
Assessing Capabilities and Lack Thereof…………….…………..….. 3
Achieving and Sustaining Success…………………..……………….. 3
Part 2 Madonnas Strategy
Corporate and Business Strategies…………………………………… 4
Common Elements of Success…………………………..……………. 6
Important Lessons relating to Executive Careers……………………. 6
Conclusion.……………………………………………………………………….. 7
Sources….……………………………………………………….……………….. 8
Introduction
The role of strategy in success can be illustrated by looking closely at Madonnas career. Madonnas success has many characteristics of an effectively implemented business plan, complete with strategy and entrepreneurship. The following will be evaluation and comparison of Madonnas career and basic elements of a strategic plan.
Part 1 – Madonnas Success
Assessing Capabilities
When evaluating Madonnas capabilities, there are many who rank higher for their natural vocal, or their acting talents, and yet Madonna has become iconic. It is her lifelong, relentless drive and determination for which she truly is a star. From a very early age Madonnas ultimate goal was to achieve “superstar status”, this has been relevant in her comments, such as; “Even as a little girl, I knew I wanted the whole world to know who I was” Grant, R. M. (2010). It is with that unbelievable internal drive that she has learned to mold and balance her career and personal life to achieve the maximum from her life. This has lead to many of her personal relationships originating thru career contacts, such as her marriages and her children “Madonna” (1998).
One of Madonna strengths is her work ethic and recognition