Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Organizational Development
Strategy / MBA Resources
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
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 - – increasing inequality as vast percentage of new income is going to the top 1%, challanges to central banks by blockchain based private currencies, increasing commodity prices, competitive advantages are harder to sustain because of technology dispersion, cloud computing is disrupting traditional business models, technology disruption, central banks are concerned over increasing inflation,
there is increasing trade war between United States & China, wage bills are increasing, etc
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.
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
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 -
Innovation driven organization
– Regina Bargaining is one of the most innovative firm in sector. Manager in Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Analytics focus
– Regina Bargaining 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 Ann C. Frost, Chris Street, Andrew Stevens 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.
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.
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.
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.
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.
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.
Operational resilience
– The operational resilience strategy in the Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration 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.
High switching costs
– The high switching costs that Regina Bargaining 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.
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.
Low bargaining power of suppliers
– Suppliers of Regina Bargaining in the sector have low bargaining power. Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Regina Bargaining to manage not only supply disruptions but also source products at highly competitive prices.
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 -
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.
Low market penetration in new markets
– Outside its home market of Regina Bargaining, firm in the HBR case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Skills based hiring
– The stress on hiring functional specialists at Regina Bargaining 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.
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.
Slow to strategic competitive environment developments
– As Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration HBR case study mentions - Regina Bargaining 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.
Capital Spending Reduction
– Even during the low interest decade, Regina Bargaining 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.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration, in the dynamic environment Regina Bargaining has struggled to respond to the nimble upstart competition. Regina Bargaining has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
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.
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.
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.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration, it seems that the employees of Regina Bargaining 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.
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 -
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.
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.
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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Regina Bargaining 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 Regina Bargaining to hire the very best people irrespective of their geographical location.
Low interest rates
– Even though inflation is raising its head in most developed economies, Regina Bargaining 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.
Learning at scale
– Online learning technologies has now opened space for Regina Bargaining 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.
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.
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. Regina Bargaining can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
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.
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. Regina Bargaining can explore opportunities that can attract volunteers and are consistent with its mission and vision.
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.
Developing new processes and practices
– Regina Bargaining 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
– 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.
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 -
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.
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.
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.
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.
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. Regina Bargaining 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.
Shortening product life cycle
– it is one of the major threat that Regina Bargaining is facing in Organizational Development sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
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.
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.
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.
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.
Regulatory challenges
– Regina Bargaining 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 Organizational Development industry regulations.
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.
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.
Feel free to connect with us if you need business research.
You can download Excel Template of Case Study Solution & Analysis of Collective Bargaining and Negotiation at the University of Regina: General Overview and Private Information - Administration