Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis

Case Study SWOT Analysis Solution

Case Study Description of Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration

The University of Regina faculty association and the University of Regina administration are entering into contract negotiations just six months after settling their previous contract through mediation. Although the two parties have both conflicting and compatible interests regarding the ultimate collective agreement outcomes, their strained relationship complicates the bargaining process.

Authors :: Ann C. Frost, Chris Street, Andrew Stevens

Topics :: Organizational Development

Tags :: Strategy, SWOT Analysis, SWOT Matrix, TOWS, Weighted SWOT Analysis

Swot Analysis of "Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration" written by Ann C. Frost, Chris Street, Andrew Stevens includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Regina Bargaining facing as an external strategic factors. Some of the topics covered in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration case study are - Strategic Management Strategies, Strategy and Organizational Development.

Some of the macro environment factors that can be used to understand the Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration casestudy better are - – digital marketing is dominated by two big players Facebook and Google, cloud computing is disrupting traditional business models, banking and financial system is disrupted by Bitcoin and other crypto currencies, challanges to central banks by blockchain based private currencies, increasing energy prices, customer relationship management is fast transforming because of increasing concerns over data privacy, wage bills are increasing, there is increasing trade war between United States & China, increasing commodity prices, etc

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Introduction to SWOT Analysis of Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration

SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Regina Bargaining, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Regina Bargaining 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.

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SWOT Objectives / Importance of SWOT Analysis and SWOT Matrix

SWOT analysis of Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration can be done for the following purposes –
1. Strategic planning using facts provided in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration case study
2. Improving business portfolio management of Regina Bargaining
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 Regina Bargaining

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Strengths Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis

The strengths of Regina Bargaining in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration Harvard Business Review case study are -

High brand equity

– Regina Bargaining has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Regina Bargaining to keep acquiring new customers and building profitable relationship with both the new and loyal customers.

Digital Transformation in Organizational Development segment

- digital transformation varies from industry to industry. For Regina Bargaining digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Regina Bargaining 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.

Organizational Resilience of Regina Bargaining

– The covid-19 pandemic has put organizational resilience at the centre of everthing that Regina Bargaining does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.

Ability to recruit top talent

– Regina Bargaining is one of the leading recruiters in the industry. Managers in the Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.

Sustainable margins compare to other players in Organizational Development industry

– Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration firm has clearly differentiated products in the market place. This has enabled Regina Bargaining to fetch slight price premium compare to the competitors in the Organizational Development industry. The sustainable margins have also helped Regina Bargaining to invest into research and development (R&D) and innovation.

Strong track record of project management

– Regina Bargaining is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.

Effective Research and Development (R&D)

– Regina Bargaining 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.

Learning organization

- Regina Bargaining 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 Regina Bargaining is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration Harvard Business Review case study emphasize – knowledge, initiative, and innovation.

Superior customer experience

– The customer experience strategy of Regina Bargaining in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.

Successful track record of launching new products

– Regina Bargaining has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Regina Bargaining 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.

Cross disciplinary teams

– Horizontal connected teams at the Regina Bargaining 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.

Training and development

– Regina Bargaining has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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.

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Weaknesses Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis

The weaknesses of Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration are -

Increasing silos among functional specialists

– The organizational structure of Regina Bargaining is dominated by functional specialists. It is not different from other players in the Organizational Development segment. Regina Bargaining needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Regina Bargaining to focus more on services rather than just following the product oriented approach.

No frontier risks strategy

– After analyzing the HBR case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration, 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.

Slow decision making process

– As mentioned earlier in the report, Regina Bargaining 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. Regina Bargaining 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.

High cash cycle compare to competitors

Regina Bargaining has a high cash cycle compare to other players in the industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.

Products dominated business model

– Even though Regina Bargaining 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 - Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration should strive to include more intangible value offerings along with its core products and services.

High operating costs

– Compare to the competitors, firm in the HBR case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Regina Bargaining 's lucrative customers.

High dependence on star products

– The top 2 products and services of the firm as mentioned in the Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration HBR case study still accounts for major business revenue. This dependence on star products in has resulted into insufficient focus on developing new products, even though Regina Bargaining has relatively successful track record of launching new products.

Need for greater diversity

– Regina Bargaining 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.

Workers concerns about automation

– As automation is fast increasing in the segment, Regina Bargaining 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.

Aligning sales with marketing

– It come across in the case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration can leverage the sales team experience to cultivate customer relationships as Regina Bargaining is planning to shift buying processes online.

High bargaining power of channel partners

– Because of the regulatory requirements, Ann C. Frost, Chris Street, Andrew Stevens suggests that, Regina Bargaining 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.

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Opportunities Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration | 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration are -

Building a culture of innovation

– managers at Regina Bargaining can make experimentation a productive activity and build a culture of innovation using approaches such as – mining transaction data, A/B testing of websites and selling platforms, engaging potential customers over various needs, and building on small ideas in the Organizational Development segment.

Better consumer reach

– The expansion of the 5G network will help Regina Bargaining to increase its market reach. Regina Bargaining 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.

Harnessing reconfiguration of the global supply chains

– As the trade war between US and China heats up in the coming years, Regina Bargaining 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, Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.

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 Regina Bargaining 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.

Loyalty marketing

– Regina Bargaining 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.

Manufacturing automation

– Regina Bargaining 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.

Lowering marketing communication costs

– 5G expansion will open new opportunities for Regina Bargaining 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.

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. Regina Bargaining 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. Regina Bargaining 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.

Reforming the budgeting process

- By establishing new metrics that will be used to evaluate both existing and potential projects Regina Bargaining can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.

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 Regina Bargaining in the consumer business. Now Regina Bargaining can target international markets with far fewer capital restrictions requirements than the existing system.

Using analytics as competitive advantage

– Regina Bargaining 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Regina Bargaining to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.

Redefining models of collaboration and team work

– As explained in the weaknesses section, Regina Bargaining is facing challenges because of the dominance of functional experts in the organization. Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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.

Creating value in data economy

– The success of analytics program of Regina Bargaining has opened avenues for new revenue streams for the organization in the industry. This can help Regina Bargaining to build a more holistic ecosystem as suggested in the Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration case study. Regina Bargaining can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.

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Threats Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis

The threats mentioned in the HBR case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration are -

High dependence on third party suppliers

– Regina Bargaining 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.

Technology acceleration in Forth Industrial Revolution

– Regina Bargaining has witnessed rapid integration of technology during Covid-19 in the Organizational Development industry. As one of the leading players in the industry, Regina Bargaining 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.

Increasing wage structure of Regina Bargaining

– 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 Regina Bargaining.

Consumer confidence and its impact on Regina Bargaining 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.

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. Regina Bargaining needs to understand the core reasons impacting the Organizational Development industry. This will help it in building a better workplace.

Environmental challenges

– Regina Bargaining 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. Regina Bargaining can take advantage of this fund but it will also bring new competitors in the Organizational Development industry.

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 Regina Bargaining in the Organizational Development sector and impact the bottomline of the organization.

Barriers of entry lowering

– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Regina Bargaining with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.

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 Regina Bargaining business can come under increasing regulations regarding data privacy, data security, etc.

Stagnating economy with rate increase

– Regina Bargaining 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.

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 Regina Bargaining.

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. Regina Bargaining can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.

Learning curve for new practices

– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration, Regina Bargaining 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 .

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Weighted SWOT Analysis of Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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 Regina Bargaining needs to make to build a sustainable competitive advantage.

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