Swot Analysis of "Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B)" written by Robert C. Pozen, Ani Satchcroft includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that 309114 Kalamata facing as an external strategic factors. Some of the topics covered in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) case study are - Strategic Management Strategies, Intellectual property, Regulation and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) casestudy better are - – there is backlash against globalization, cloud computing is disrupting traditional business models, there is increasing trade war between United States & China, challanges to central banks by blockchain based private currencies, increasing commodity prices, supply chains are disrupted by pandemic , competitive advantages are harder to sustain because of technology dispersion,
geopolitical disruptions, digital marketing is dominated by two big players Facebook and Google, etc
Introduction to SWOT Analysis of Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B)
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the 309114 Kalamata, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which 309114 Kalamata operates in.
According to Harvard Business Review, 75% of the managers use SWOT analysis for various purposes such as – evaluating current scenario, strategic planning, new venture feasibility, personal growth goals, new market entry, Go To market strategies, portfolio management and strategic trade-off assessment, organizational restructuring, etc.
SWOT Objectives / Importance of SWOT Analysis and SWOT Matrix
SWOT analysis of Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) can be done for the following purposes –
1. Strategic planning using facts provided in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) case study
2. Improving business portfolio management of 309114 Kalamata
3. Assessing feasibility of the new initiative in Leadership & Managing People field.
4. Making a Leadership & Managing People topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of 309114 Kalamata
Strengths Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of 309114 Kalamata in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) Harvard Business Review case study are -
Diverse revenue streams
– 309114 Kalamata is present in almost all the verticals within the industry. This has provided firm in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) case study a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
Strong track record of project management
– 309114 Kalamata is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Highly skilled collaborators
– 309114 Kalamata has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive segment. Secondly the value chain collaborators of the firm in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
High brand equity
– 309114 Kalamata has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled 309114 Kalamata to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Sustainable margins compare to other players in Leadership & Managing People industry
– Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) firm has clearly differentiated products in the market place. This has enabled 309114 Kalamata to fetch slight price premium compare to the competitors in the Leadership & Managing People industry. The sustainable margins have also helped 309114 Kalamata to invest into research and development (R&D) and innovation.
Learning organization
- 309114 Kalamata is a learning organization. It has inculcated three key characters of learning organization in its processes and operations – exploration, creativity, and expansiveness. The work place at 309114 Kalamata is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Analytics focus
– 309114 Kalamata is putting a lot of focus on utilizing the power of analytics in business decision making. This has put it among the leading players in the industry. The technology infrastructure suggested by Robert C. Pozen, Ani Satchcroft can also help it to harness the power of analytics for – marketing optimization, demand forecasting, customer relationship management, inventory management, information sharing across the value chain etc.
Effective Research and Development (R&D)
– 309114 Kalamata has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in, as mentioned in case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
High switching costs
– The high switching costs that 309114 Kalamata has built up over years in its products and services combo offer has resulted in high retention of customers, lower marketing costs, and greater ability of the firm to focus on its customers.
Low bargaining power of suppliers
– Suppliers of 309114 Kalamata in the sector have low bargaining power. Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps 309114 Kalamata to manage not only supply disruptions but also source products at highly competitive prices.
Ability to recruit top talent
– 309114 Kalamata is one of the leading recruiters in the industry. Managers in the Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Digital Transformation in Leadership & Managing People segment
- digital transformation varies from industry to industry. For 309114 Kalamata digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. 309114 Kalamata has successfully integrated the four key components of digital transformation – digital integration in processes, digital integration in marketing and customer relationship management, digital integration into the value chain, and using technology to explore new products and market opportunities.
Weaknesses Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) are -
Slow to strategic competitive environment developments
– As Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) HBR case study mentions - 309114 Kalamata takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the industry in last five years.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B), it seems that the employees of 309114 Kalamata don’t have comprehensive understanding of the firm’s strategy. This is reflected in number of promotional campaigns over the last few years that had mixed messaging and competing priorities. Some of the strategic activities and services promoted in the promotional campaigns were not consistent with the organization’s strategy.
Capital Spending Reduction
– Even during the low interest decade, 309114 Kalamata has not been able to do capital spending to the tune of the competition. This has resulted into fewer innovations and company facing stiff competition from both existing competitors and new entrants who are disrupting the industry using digital technology.
Interest costs
– Compare to the competition, 309114 Kalamata has borrowed money from the capital market at higher rates. It needs to restructure the interest payment and costs so that it can compete better and improve profitability.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B), in the dynamic environment 309114 Kalamata has struggled to respond to the nimble upstart competition. 309114 Kalamata has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
High bargaining power of channel partners
– Because of the regulatory requirements, Robert C. Pozen, Ani Satchcroft suggests that, 309114 Kalamata is facing high bargaining power of the channel partners. So far it has not able to streamline the operations to reduce the bargaining power of the value chain partners in the industry.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B), is just above the industry average. 309114 Kalamata needs to redesign the compensation structure and incentives to increase the revenue per employees. Some of the steps that it can take are – hiring more specialists on project basis, etc.
High dependence on existing supply chain
– The disruption in the global supply chains because of the Covid-19 pandemic and blockage of the Suez Canal illustrated the fragile nature of 309114 Kalamata supply chain. Even after few cautionary changes mentioned in the HBR case study - Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B), it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left 309114 Kalamata vulnerable to further global disruptions in South East Asia.
Slow decision making process
– As mentioned earlier in the report, 309114 Kalamata has a very deliberative decision making approach. This approach has resulted in prudent decisions, but it has also resulted in missing opportunities in the industry over the last five years. 309114 Kalamata even though has strong showing on digital transformation primary two stages, it has struggled to capitalize the power of digital transformation in marketing efforts and new venture efforts.
Workers concerns about automation
– As automation is fast increasing in the segment, 309114 Kalamata needs to come up with a strategy to reduce the workers concern regarding automation. Without a clear strategy, it could lead to disruption and uncertainty within the organization.
No frontier risks strategy
– After analyzing the HBR case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B), it seems that company is thinking about the frontier risks that can impact Leadership & Managing People strategy. But it has very little resources allocation to manage the risks emerging from events such as natural disasters, climate change, melting of permafrost, tacking the rise of artificial intelligence, opportunities and threats emerging from commercialization of space etc.
Opportunities Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities highlighted in the Harvard Business Review case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) are -
Using analytics as competitive advantage
– 309114 Kalamata has spent a significant amount of money and effort to integrate analytics and machine learning into its operations in the sector. This continuous investment in analytics has enabled, as illustrated in the Harvard case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) - to build a competitive advantage using analytics. The analytics driven competitive advantage can help 309114 Kalamata to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Loyalty marketing
– 309114 Kalamata has focused on building a highly responsive customer relationship management platform. This platform is built on in-house data and driven by analytics and artificial intelligence. The customer analytics can help the organization to fine tune its loyalty marketing efforts, increase the wallet share of the organization, reduce wastage on mainstream advertising spending, build better pricing strategies using personalization, etc.
Use of Bitcoin and other crypto currencies for transactions
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for 309114 Kalamata in the consumer business. Now 309114 Kalamata can target international markets with far fewer capital restrictions requirements than the existing system.
Creating value in data economy
– The success of analytics program of 309114 Kalamata has opened avenues for new revenue streams for the organization in the industry. This can help 309114 Kalamata to build a more holistic ecosystem as suggested in the Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) case study. 309114 Kalamata can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for 309114 Kalamata to expand its talent hiring zone. According to McKinsey Global Institute, 20% of the high end workforce in fields such as finance, information technology, can continously work from remote local post Covid-19. This presents a really great opportunity for 309114 Kalamata to hire the very best people irrespective of their geographical location.
Manufacturing automation
– 309114 Kalamata can use the latest technology developments to improve its manufacturing and designing process in Leadership & Managing People segment. It can use CAD and 3D printing to build a quick prototype and pilot testing products. It can leverage automation using machine learning and artificial intelligence to do faster production at lowers costs, and it can leverage the growth in satellite and tracking technologies to improve inventory management, transportation, and shipping.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, 309114 Kalamata can use these opportunities to build new business models that can help the communities that 309114 Kalamata operates in. Secondly it can use opportunities from government spending in Leadership & Managing People sector.
Buying journey improvements
– 309114 Kalamata can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) suggest that firm can provide automated chats to help consumers solve their own problems, provide online suggestions to get maximum out of the products and services, and help consumers to build a community where they can interact with each other to develop new features and uses.
Developing new processes and practices
– 309114 Kalamata can develop new processes and procedures in Leadership & Managing People industry using technology such as automation using artificial intelligence, real time transportation and products tracking, 3D modeling for concept development and new products pilot testing etc.
Low interest rates
– Even though inflation is raising its head in most developed economies, 309114 Kalamata can still utilize the low interest rates to borrow money for capital investment. Secondly it can also use the increase of government spending in infrastructure projects to get new business.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Leadership & Managing People industry, but it has also influenced the consumer preferences. 309114 Kalamata can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Leadership & Managing People industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. 309114 Kalamata can take advantage of these changes in consumer behavior to build a far more efficient business model. For example consumer regular ordering of products can reduce both last mile delivery costs and market penetration costs. 309114 Kalamata can further use this consumer data to build better customer loyalty, provide better products and service collection, and improve the value proposition in inflationary times.
Learning at scale
– Online learning technologies has now opened space for 309114 Kalamata to conduct training and development for its employees across the world. This will result in not only reducing the cost of training but also help employees in different part of the world to integrate with the headquarter work culture, ethos, and standards.
Threats Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) are -
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for 309114 Kalamata in the Leadership & Managing People industry. The Leadership & Managing People industry is already at various protected from local competition in China, with the rise of trade war the protection levels may go up. This presents a clear threat of current business model in Chinese market.
Backlash against dominant players
– US Congress and other legislative arms of the government are getting tough on big business especially technology companies. The digital arm of 309114 Kalamata business can come under increasing regulations regarding data privacy, data security, etc.
Aging population
– As the populations of most advanced economies are aging, it will lead to high social security costs, higher savings among population, and lower demand for goods and services in the economy. The household savings in US, France, UK, Germany, and Japan are growing faster than predicted because of uncertainty caused by pandemic.
Environmental challenges
– 309114 Kalamata needs to have a robust strategy against the disruptions arising from climate change and energy requirements. EU has identified it as key priority area and spending 30% of its 880 billion Euros European post Covid-19 recovery funds on green technology. 309114 Kalamata can take advantage of this fund but it will also bring new competitors in the Leadership & Managing People industry.
Technology acceleration in Forth Industrial Revolution
– 309114 Kalamata has witnessed rapid integration of technology during Covid-19 in the Leadership & Managing People industry. As one of the leading players in the industry, 309114 Kalamata needs to keep up with the evolution of technology in the Leadership & Managing People sector. According to Mckinsey study top managers believe that the adoption of technology in operations, communications is 20-25 times faster than what they planned in the beginning of 2019.
Regulatory challenges
– 309114 Kalamata needs to prepare for regulatory challenges as consumer protection groups and other pressure groups are vigorously advocating for more regulations on big business - to reduce inequality, to create a level playing field, to product data privacy and consumer privacy, to reduce the influence of big money on democratic institutions, etc. This can lead to significant changes in the Leadership & Managing People industry regulations.
Shortening product life cycle
– it is one of the major threat that 309114 Kalamata is facing in Leadership & Managing People sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B), 309114 Kalamata may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Leadership & Managing People .
Stagnating economy with rate increase
– 309114 Kalamata can face lack of demand in the market place because of Fed actions to reduce inflation. This can lead to sluggish growth in the economy, lower demands, lower investments, higher borrowing costs, and consolidation in the field.
Easy access to finance
– Easy access to finance in Leadership & Managing People field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. 309114 Kalamata can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Increasing wage structure of 309114 Kalamata
– Post Covid-19 there is a sharp increase in the wages especially in the jobs that require interaction with people. The increasing wages can put downward pressure on the margins of 309114 Kalamata.
Consumer confidence and its impact on 309114 Kalamata demand
– There is a high probability of declining consumer confidence, given – high inflammation rate, rise of gig economy, lower job stability, increasing cost of living, higher interest rates, and aging demography. All the factors contribute to people saving higher rate of their income, resulting in lower consumer demand in the industry and other sectors.
New competition
– After the dotcom bust of 2001, financial crisis of 2008-09, the business formation in US economy had declined. But in 2020 alone, there are more than 1.5 million new business applications in United States. This can lead to greater competition for 309114 Kalamata in the Leadership & Managing People sector and impact the bottomline of the organization.
Weighted SWOT Analysis of Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers in the HBR case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) needs to zero down on the relative importance of each factor mentioned in the Strengths, Weakness, Opportunities, and Threats quadrants.
We can provide the relative importance to each factor by assigning relative weights. Weighted SWOT analysis process is a three stage process –
First stage for doing weighted SWOT analysis of the case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) is to rank the strengths and weaknesses of the organization. This will help you to assess the most important strengths and weaknesses of the firm and which one of the strengths and weaknesses mentioned in the initial lists are marginal and can be left out.
Second stage for conducting weighted SWOT analysis of the Harvard case study Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) is to give probabilities to the external strategic factors thus better understanding the opportunities and threats arising out of macro environment changes and developments.
Third stage of constructing weighted SWOT analysis of Geographical Indications: I Say "Kalamata", the EU Says "Black Olive" (B) is to provide strategic recommendations includes – joining likelihood of external strategic factors such as opportunities and threats to the internal strategic factors – strengths and weaknesses. You should start with external factors as they will provide the direction of the overall industry. Secondly by joining probabilities with internal strategic factors can help the company not only strategic fit but also the most probably strategic trade-off that 309114 Kalamata needs to make to build a sustainable competitive advantage.