Repositioning of Formula One - Analysis, Implications, and Recommendations for a Successful Transition

Název práce: Repositioning of Formula One - Analysis, Implications, and Recommendations for a Successful Transition
Autor(ka) práce: Valníček, Jakub
Typ práce: Diploma thesis
Vedoucí práce: Machek, Martin
Oponenti práce: Duroň, David
Jazyk práce: English
Abstrakt:
The aim of this Master Thesis is to analyze the process of repositioning of the Formula One racing series from a motor sport company to a global entertainment brand since its acquisition by Liberty Media, an American mass media company, in 2017. The Thesis presents a comprehensive review of theoretical frameworks along with an analysis of the sport’s history to lay a solid foundation for a qualitative examination of the specific steps Formula One has taken in order to change its perception and reposition itself on the global entertainment market. The SMART Goal Framework complemented by an expert interview are used as the main methods for analysis of the Formula One Corporate Strategy, which outlines the future direction of the sport and thereby its repositioning efforts. The Thesis produces a set of recommendations for each area of the Corporate Strategy in order to improve the repositioning process of Formula One.
Klíčová slova: Repositioning Strategy; Brand; SMART Goal Framework; Formula One; Motorsport
Název práce: Repositioning of Formula One - Analysis, Implications, and Recommendations for a Successful Transition
Autor(ka) práce: Valníček, Jakub
Typ práce: Diplomová práce
Vedoucí práce: Machek, Martin
Oponenti práce: Duroň, David
Jazyk práce: English
Abstrakt:
The aim of this Master Thesis is to analyze the process of repositioning of the Formula One racing series from a motor sport company to a global entertainment brand since its acquisition by Liberty Media, an American mass media company, in 2017. The Thesis presents a comprehensive review of theoretical frameworks along with an analysis of the sport’s history to lay a solid foundation for a qualitative examination of the specific steps Formula One has taken in order to change its perception and reposition itself on the global entertainment market. The SMART Goal Framework complemented by an expert interview are used as the main methods for analysis of the Formula One Corporate Strategy, which outlines the future direction of the sport and thereby its repositioning efforts. The Thesis produces a set of recommendations for each area of the Corporate Strategy in order to improve the repositioning process of Formula One.
Klíčová slova: SMART Goal Framework; Motorsport; Formula One; Repositioning Strategy; Brand

Informace o studiu

Studijní program / obor: International Management
Typ studijního programu: Magisterský studijní program
Přidělovaná hodnost: Ing.
Instituce přidělující hodnost: Vysoká škola ekonomická v Praze
Fakulta: Fakulta podnikohospodářská
Katedra: Katedra marketingu

Informace o odevzdání a obhajobě

Datum zadání práce: 1. 12. 2020
Datum podání práce: 25. 8. 2021
Datum obhajoby: 24. 9. 2021
Identifikátor v systému InSIS: https://insis.vse.cz/zp/75390/podrobnosti

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