Jack Valenti--Paths to Power, (Video) DVD SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Organizational Development
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Jack Valenti--Paths to Power, (Video) DVD
Jack Valenti, long time Chairman and Chief Executive Officer of the Motion Picture Association, was renowned for his shaping of the American film and television industry around the world. Born and raised in Texas, Valenti served in the Army Air Corps in World War II and later as a special assistant to President Lyndon Johnson in the White House. In a classroom discussion, Valenti shares what he learned from his experience in powerful positions. He talks about the importance of helping people out, never getting personal and never forgetting an obligation. Valenti believes in being courteous and respectful to everyone and in being transparent without hidden agendas. At the same time, he emphasizes the need to set limits and to demand being treated respectfully. This video can be used with Connie Bruck, "The Personal Touch," The New Yorker, August 13, 2001, pp. 42-59 and Bernard Weinbraub, "The Man Who Unites Moguls, Looking Ahead," New York Times, October 27, 2003, pp. B1, B6. The video is part of Jeffery Pfeffer's Paths to Power series. Other titles available in this series include: OB56V-04 and OB56V-05 Rudy Crew, OB44 Keith Ferrazzi and accompanying video OB44V, OB42A and OB42B Dr. Laura Esserman and accompanying videos OB42V-04 and OB42V-05 , and OB45 Gary Loveman and Harrah's Entertainment and accompanying video OB45V
Swot Analysis of "Jack Valenti--Paths to Power, (Video) DVD" written by Jeffrey Pfeffer includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Valenti Accompanying facing as an external strategic factors. Some of the topics covered in Jack Valenti--Paths to Power, (Video) DVD case study are - Strategic Management Strategies, Influence, Leadership, Motivating people and Organizational Development.
Some of the macro environment factors that can be used to understand the Jack Valenti--Paths to Power, (Video) DVD casestudy better are - – there is increasing trade war between United States & China, digital marketing is dominated by two big players Facebook and Google, geopolitical disruptions, banking and financial system is disrupted by Bitcoin and other crypto currencies, central banks are concerned over increasing inflation, challanges to central banks by blockchain based private currencies, customer relationship management is fast transforming because of increasing concerns over data privacy,
talent flight as more people leaving formal jobs, technology disruption, etc
Introduction to SWOT Analysis of Jack Valenti--Paths to Power, (Video) DVD
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Jack Valenti--Paths to Power, (Video) DVD case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Valenti Accompanying, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Valenti Accompanying 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 Jack Valenti--Paths to Power, (Video) DVD can be done for the following purposes –
1. Strategic planning using facts provided in Jack Valenti--Paths to Power, (Video) DVD case study
2. Improving business portfolio management of Valenti Accompanying
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 Valenti Accompanying
Strengths Jack Valenti--Paths to Power, (Video) DVD | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Valenti Accompanying in Jack Valenti--Paths to Power, (Video) DVD Harvard Business Review case study are -
Effective Research and Development (R&D)
– Valenti Accompanying 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 Jack Valenti--Paths to Power, (Video) DVD - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Operational resilience
– The operational resilience strategy in the Jack Valenti--Paths to Power, (Video) DVD 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.
Ability to lead change in Organizational Development field
– Valenti Accompanying 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 Valenti Accompanying in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Successful track record of launching new products
– Valenti Accompanying has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Valenti Accompanying has effective processes in place that helps in exploring new product needs, doing quick pilot testing, and then launching the products quickly using its extensive distribution network.
Low bargaining power of suppliers
– Suppliers of Valenti Accompanying in the sector have low bargaining power. Jack Valenti--Paths to Power, (Video) DVD has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Valenti Accompanying to manage not only supply disruptions but also source products at highly competitive prices.
Organizational Resilience of Valenti Accompanying
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Valenti Accompanying does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
High switching costs
– The high switching costs that Valenti Accompanying 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.
Sustainable margins compare to other players in Organizational Development industry
– Jack Valenti--Paths to Power, (Video) DVD firm has clearly differentiated products in the market place. This has enabled Valenti Accompanying to fetch slight price premium compare to the competitors in the Organizational Development industry. The sustainable margins have also helped Valenti Accompanying to invest into research and development (R&D) and innovation.
Analytics focus
– Valenti Accompanying 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 Jeffrey Pfeffer 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.
Cross disciplinary teams
– Horizontal connected teams at the Valenti Accompanying 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.
Digital Transformation in Organizational Development segment
- digital transformation varies from industry to industry. For Valenti Accompanying digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Valenti Accompanying 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.
Strong track record of project management
– Valenti Accompanying is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Weaknesses Jack Valenti--Paths to Power, (Video) DVD | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Jack Valenti--Paths to Power, (Video) DVD are -
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 Valenti Accompanying supply chain. Even after few cautionary changes mentioned in the HBR case study - Jack Valenti--Paths to Power, (Video) DVD, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Valenti Accompanying vulnerable to further global disruptions in South East Asia.
High bargaining power of channel partners
– Because of the regulatory requirements, Jeffrey Pfeffer suggests that, Valenti Accompanying 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.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Jack Valenti--Paths to Power, (Video) DVD, in the dynamic environment Valenti Accompanying has struggled to respond to the nimble upstart competition. Valenti Accompanying has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Skills based hiring
– The stress on hiring functional specialists at Valenti Accompanying 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.
Aligning sales with marketing
– It come across in the case study Jack Valenti--Paths to Power, (Video) DVD that the firm needs to have more collaboration between its sales team and marketing team. Sales professionals in the industry have deep experience in developing customer relationships. Marketing department in the case Jack Valenti--Paths to Power, (Video) DVD can leverage the sales team experience to cultivate customer relationships as Valenti Accompanying is planning to shift buying processes online.
High operating costs
– Compare to the competitors, firm in the HBR case study Jack Valenti--Paths to Power, (Video) DVD has high operating costs in the. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Valenti Accompanying 's lucrative customers.
Increasing silos among functional specialists
– The organizational structure of Valenti Accompanying is dominated by functional specialists. It is not different from other players in the Organizational Development segment. Valenti Accompanying needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Valenti Accompanying to focus more on services rather than just following the product oriented approach.
Slow decision making process
– As mentioned earlier in the report, Valenti Accompanying 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. Valenti Accompanying 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.
Lack of clear differentiation of Valenti Accompanying products
– To increase the profitability and margins on the products, Valenti Accompanying needs to provide more differentiated products than what it is currently offering in the marketplace.
Workers concerns about automation
– As automation is fast increasing in the segment, Valenti Accompanying 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.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Valenti Accompanying is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Jack Valenti--Paths to Power, (Video) DVD can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Opportunities Jack Valenti--Paths to Power, (Video) DVD | 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 Jack Valenti--Paths to Power, (Video) DVD are -
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Organizational Development industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Valenti Accompanying 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. Valenti Accompanying 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.
Manufacturing automation
– Valenti Accompanying can use the latest technology developments to improve its manufacturing and designing process in Organizational Development 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.
Buying journey improvements
– Valenti Accompanying can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Jack Valenti--Paths to Power, (Video) DVD 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Valenti Accompanying 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Valenti Accompanying 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, Jack Valenti--Paths to Power, (Video) DVD, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Using analytics as competitive advantage
– Valenti Accompanying 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 Jack Valenti--Paths to Power, (Video) DVD - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Valenti Accompanying to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
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. Valenti Accompanying can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Organizational Development industry, but it has also influenced the consumer preferences. Valenti Accompanying can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Leveraging digital technologies
– Valenti Accompanying can leverage digital technologies such as artificial intelligence and machine learning to automate the production process, customer analytics to get better insights into consumer behavior, realtime digital dashboards to get better sales tracking, logistics and transportation, product tracking, etc.
Loyalty marketing
– Valenti Accompanying 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Valenti Accompanying in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Organizational Development segment, and it will provide faster access to the consumers.
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 Valenti Accompanying in the consumer business. Now Valenti Accompanying can target international markets with far fewer capital restrictions requirements than the existing system.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Valenti Accompanying is facing challenges because of the dominance of functional experts in the organization. Jack Valenti--Paths to Power, (Video) DVD 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.
Threats Jack Valenti--Paths to Power, (Video) DVD External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Jack Valenti--Paths to Power, (Video) DVD are -
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Valenti Accompanying 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 Jack Valenti--Paths to Power, (Video) DVD .
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 Valenti Accompanying in the Organizational Development sector and impact the bottomline of the organization.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Valenti Accompanying 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.
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. Valenti Accompanying can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Valenti Accompanying with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Jack Valenti--Paths to Power, (Video) DVD, Valenti Accompanying 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 .
Capital market disruption
– During the Covid-19, Dow Jones has touched record high. The valuations of a number of companies are way beyond their existing business model potential. This can lead to capital market correction which can put a number of suppliers, collaborators, value chain partners in great financial difficulty. It will directly impact the business of Valenti Accompanying.
High dependence on third party suppliers
– Valenti Accompanying high dependence on third party suppliers can disrupt its processes and delivery mechanism. For example -the current troubles of car makers because of chip shortage is because the chip companies started producing chips for electronic companies rather than car manufacturers.
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 Valenti Accompanying business can come under increasing regulations regarding data privacy, data security, 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. Valenti Accompanying 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.
High level of anxiety and lack of motivation
– the Great Resignation in United States is the sign of broader dissatisfaction among the workforce in United States. Valenti Accompanying needs to understand the core reasons impacting the Organizational Development industry. This will help it in building a better workplace.
Consumer confidence and its impact on Valenti Accompanying 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
– Valenti Accompanying has witnessed rapid integration of technology during Covid-19 in the Organizational Development industry. As one of the leading players in the industry, Valenti Accompanying 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.
Weighted SWOT Analysis of Jack Valenti--Paths to Power, (Video) DVD 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 Jack Valenti--Paths to Power, (Video) DVD 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 Jack Valenti--Paths to Power, (Video) DVD 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 Jack Valenti--Paths to Power, (Video) DVD 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 Jack Valenti--Paths to Power, (Video) DVD 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 Valenti Accompanying needs to make to build a sustainable competitive advantage.
