Swot Analysis of "Teena Lerner: Dividing the Pie at Rx Capital, Video" written by Boris Groysberg, Michel Anteby includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that 409058 Teena facing as an external strategic factors. Some of the topics covered in Teena Lerner: Dividing the Pie at Rx Capital, Video case study are - Strategic Management Strategies, Compensation, Entrepreneurship, Motivating people, Organizational structure and Organizational Development.
Some of the macro environment factors that can be used to understand the Teena Lerner: Dividing the Pie at Rx Capital, Video casestudy better are - – customer relationship management is fast transforming because of increasing concerns over data privacy, digital marketing is dominated by two big players Facebook and Google, challanges to central banks by blockchain based private currencies, talent flight as more people leaving formal jobs, technology disruption, increasing transportation and logistics costs, increasing government debt because of Covid-19 spendings,
cloud computing is disrupting traditional business models, banking and financial system is disrupted by Bitcoin and other crypto currencies, etc
Introduction to SWOT Analysis of Teena Lerner: Dividing the Pie at Rx Capital, Video
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Teena Lerner: Dividing the Pie at Rx Capital, Video case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the 409058 Teena, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which 409058 Teena 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 Teena Lerner: Dividing the Pie at Rx Capital, Video can be done for the following purposes –
1. Strategic planning using facts provided in Teena Lerner: Dividing the Pie at Rx Capital, Video case study
2. Improving business portfolio management of 409058 Teena
3. Assessing feasibility of the new initiative in Organizational Development field.
4. Making a Organizational Development topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of 409058 Teena
Strengths Teena Lerner: Dividing the Pie at Rx Capital, Video | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of 409058 Teena in Teena Lerner: Dividing the Pie at Rx Capital, Video Harvard Business Review case study are -
Innovation driven organization
– 409058 Teena is one of the most innovative firm in sector. Manager in Teena Lerner: Dividing the Pie at Rx Capital, Video Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Training and development
– 409058 Teena has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Teena Lerner: Dividing the Pie at Rx Capital, Video Harvard Business Review case study by analyzing – employees retention, in-house promotion, loyalty, new venture initiation, lack of conflict, and high level of both employees and customer engagement.
Cross disciplinary teams
– Horizontal connected teams at the 409058 Teena are driving operational speed, building greater agility, and keeping the organization nimble to compete with new competitors. It helps are organization to ideate new ideas, and execute them swiftly in the marketplace.
Ability to recruit top talent
– 409058 Teena is one of the leading recruiters in the industry. Managers in the Teena Lerner: Dividing the Pie at Rx Capital, Video are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Effective Research and Development (R&D)
– 409058 Teena 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 Teena Lerner: Dividing the Pie at Rx Capital, Video - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Superior customer experience
– The customer experience strategy of 409058 Teena in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Digital Transformation in Organizational Development segment
- digital transformation varies from industry to industry. For 409058 Teena digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. 409058 Teena 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.
Highly skilled collaborators
– 409058 Teena 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 Teena Lerner: Dividing the Pie at Rx Capital, Video HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Ability to lead change in Organizational Development field
– 409058 Teena is one of the leading players in its industry. Over the years it has not only transformed the business landscape in its segment but also across the whole industry. The ability to lead change has enabled 409058 Teena in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Low bargaining power of suppliers
– Suppliers of 409058 Teena in the sector have low bargaining power. Teena Lerner: Dividing the Pie at Rx Capital, Video has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps 409058 Teena to manage not only supply disruptions but also source products at highly competitive prices.
Learning organization
- 409058 Teena 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 409058 Teena is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Teena Lerner: Dividing the Pie at Rx Capital, Video Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Operational resilience
– The operational resilience strategy in the Teena Lerner: Dividing the Pie at Rx Capital, Video Harvard Business Review case study comprises – understanding the underlying the factors in the industry, building diversified operations across different geographies so that disruption in one part of the world doesn’t impact the overall performance of the firm, and integrating the various business operations and processes through its digital transformation drive.
Weaknesses Teena Lerner: Dividing the Pie at Rx Capital, Video | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Teena Lerner: Dividing the Pie at Rx Capital, Video are -
High bargaining power of channel partners
– Because of the regulatory requirements, Boris Groysberg, Michel Anteby suggests that, 409058 Teena 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.
Lack of clear differentiation of 409058 Teena products
– To increase the profitability and margins on the products, 409058 Teena needs to provide more differentiated products than what it is currently offering in the marketplace.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Teena Lerner: Dividing the Pie at Rx Capital, Video, it seems that the employees of 409058 Teena 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.
Need for greater diversity
– 409058 Teena has taken concrete steps on diversity, equity, and inclusion. But the efforts so far has resulted in limited success. It needs to expand the recruitment and selection process to hire more people from the minorities and underprivileged background.
Slow to strategic competitive environment developments
– As Teena Lerner: Dividing the Pie at Rx Capital, Video HBR case study mentions - 409058 Teena 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.
Skills based hiring
– The stress on hiring functional specialists at 409058 Teena has created an environment where the organization is dominated by functional specialists rather than management generalist. This has resulted into product oriented approach rather than marketing oriented approach or consumers oriented approach.
Products dominated business model
– Even though 409058 Teena has some of the most successful products in the industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. firm in the HBR case study - Teena Lerner: Dividing the Pie at Rx Capital, Video should strive to include more intangible value offerings along with its core products and services.
Low market penetration in new markets
– Outside its home market of 409058 Teena, firm in the HBR case study Teena Lerner: Dividing the Pie at Rx Capital, Video needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Interest costs
– Compare to the competition, 409058 Teena 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.
No frontier risks strategy
– After analyzing the HBR case study Teena Lerner: Dividing the Pie at Rx Capital, Video, it seems that company is thinking about the frontier risks that can impact Organizational Development 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.
Increasing silos among functional specialists
– The organizational structure of 409058 Teena is dominated by functional specialists. It is not different from other players in the Organizational Development segment. 409058 Teena needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help 409058 Teena to focus more on services rather than just following the product oriented approach.
Opportunities Teena Lerner: Dividing the Pie at Rx Capital, Video | 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 Teena Lerner: Dividing the Pie at Rx Capital, Video are -
Reconfiguring business model
– The expansion of digital payment system, the bringing down of international transactions costs using Bitcoin and other blockchain based currencies, etc can help 409058 Teena to reconfigure its entire business model. For example it can used blockchain based technologies to reduce piracy of its products in the big markets such as China. Secondly it can use the popularity of e-commerce in various developing markets to build a Direct to Customer business model rather than the current Channel Heavy distribution network.
Developing new processes and practices
– 409058 Teena can develop new processes and procedures in Organizational Development 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.
Using analytics as competitive advantage
– 409058 Teena 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 Teena Lerner: Dividing the Pie at Rx Capital, Video - to build a competitive advantage using analytics. The analytics driven competitive advantage can help 409058 Teena to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for 409058 Teena 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 409058 Teena to hire the very best people irrespective of their geographical location.
Redefining models of collaboration and team work
– As explained in the weaknesses section, 409058 Teena is facing challenges because of the dominance of functional experts in the organization. Teena Lerner: Dividing the Pie at Rx Capital, Video case study suggests that firm can utilize new technology to build more coordinated teams and streamline operations and communications using tools such as CAD, Zoom, etc.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, 409058 Teena can build a diversified supply chain model across various countries in - South East Asia, India, and other parts of the world. This reconfiguration of global supply chain can help, as suggested in case study, Teena Lerner: Dividing the Pie at Rx Capital, Video, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Creating value in data economy
– The success of analytics program of 409058 Teena has opened avenues for new revenue streams for the organization in the industry. This can help 409058 Teena to build a more holistic ecosystem as suggested in the Teena Lerner: Dividing the Pie at Rx Capital, Video case study. 409058 Teena can build new products and services such as - data insight services, data privacy related products, data based consulting services, 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 409058 Teena in the consumer business. Now 409058 Teena can target international markets with far fewer capital restrictions requirements than the existing system.
Loyalty marketing
– 409058 Teena 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.
Better consumer reach
– The expansion of the 5G network will help 409058 Teena to increase its market reach. 409058 Teena will be able to reach out to new customers. Secondly 5G will also provide technology framework to build new tools and products that can help more immersive consumer experience and faster consumer journey.
Low interest rates
– Even though inflation is raising its head in most developed economies, 409058 Teena 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.
Buying journey improvements
– 409058 Teena can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Teena Lerner: Dividing the Pie at Rx Capital, Video 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.
Identify volunteer opportunities
– Covid-19 has impacted working population in two ways – it has led to people soul searching about their professional choices, resulting in mass resignation. Secondly it has encouraged people to do things that they are passionate about. This has opened opportunities for businesses to build volunteer oriented socially driven projects. 409058 Teena can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Threats Teena Lerner: Dividing the Pie at Rx Capital, Video External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Teena Lerner: Dividing the Pie at Rx Capital, Video are -
Increasing wage structure of 409058 Teena
– 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 409058 Teena.
Easy access to finance
– Easy access to finance in Organizational Development field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. 409058 Teena can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Teena Lerner: Dividing the Pie at Rx Capital, Video, 409058 Teena may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Organizational Development .
Stagnating economy with rate increase
– 409058 Teena 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.
Technology disruption because of hacks, piracy etc
– The colonial pipeline illustrated, how vulnerable modern organization are to international hackers, miscreants, and disruptors. The cyber security interruption, data leaks, etc can seriously jeopardize the future growth of the organization.
Consumer confidence and its impact on 409058 Teena 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.
Technology acceleration in Forth Industrial Revolution
– 409058 Teena has witnessed rapid integration of technology during Covid-19 in the Organizational Development industry. As one of the leading players in the industry, 409058 Teena needs to keep up with the evolution of technology in the Organizational Development 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.
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 409058 Teena business can come under increasing regulations regarding data privacy, data security, etc.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for 409058 Teena in the Organizational Development industry. The Organizational Development 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.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, 409058 Teena can face downward pressure on margins from increasing competition from international players. The international players have stable revenue in their home market and can use those resources to penetrate prominent markets illustrated in HBR case study Teena Lerner: Dividing the Pie at Rx Capital, Video .
Shortening product life cycle
– it is one of the major threat that 409058 Teena is facing in Organizational Development sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. 409058 Teena will face different problems in different parts of Europe. For example it will face inflationary pressures in UK, France, and Germany, balance sheet expansion and demand challenges in Southern European countries, and geopolitical instability in the Eastern Europe.
Weighted SWOT Analysis of Teena Lerner: Dividing the Pie at Rx Capital, Video 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 Teena Lerner: Dividing the Pie at Rx Capital, Video 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 Teena Lerner: Dividing the Pie at Rx Capital, Video 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 Teena Lerner: Dividing the Pie at Rx Capital, Video 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 Teena Lerner: Dividing the Pie at Rx Capital, Video 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 409058 Teena needs to make to build a sustainable competitive advantage.
