Leading through Negotiation: Harnessing the Power of Gender Stereotypes SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Organizational Development
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Leading through Negotiation: Harnessing the Power of Gender Stereotypes
With the controversy surrounding Larry Summers' comments about innate differences between men and women as a backdrop, examines whether and when gender differences exist in the competitive negotiation arena. Reviews research that documents the impact of negotiators' beliefs and motivations on performance, focusing on gender stereotypes and their message regarding women's inability to perform on a par with their male counterparts in business dealings. Documents the distinct performance impact of stereotypes that operate below the threshold of consciousness versus stereotypes that are out in the open, and specifically explores gender stereotypes in the context of the broader issue of bargaining power. Such stereotypes affect both objective and subjective power at the bargaining table. After providing insights into the way that gender stereotypes operate, identifies strategies for mitigating their potentially harmful effects and instead uses them to encourage performance gains.
Swot Analysis of "Leading through Negotiation: Harnessing the Power of Gender Stereotypes" written by Laura J. Kray includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Stereotypes Gender facing as an external strategic factors. Some of the topics covered in Leading through Negotiation: Harnessing the Power of Gender Stereotypes case study are - Strategic Management Strategies, Innovation, Negotiations, Personnel policies and Organizational Development.
Some of the macro environment factors that can be used to understand the Leading through Negotiation: Harnessing the Power of Gender Stereotypes casestudy better are - – talent flight as more people leaving formal jobs, supply chains are disrupted by pandemic , wage bills are increasing, competitive advantages are harder to sustain because of technology dispersion, customer relationship management is fast transforming because of increasing concerns over data privacy, challanges to central banks by blockchain based private currencies, increasing household debt because of falling income levels,
there is backlash against globalization, cloud computing is disrupting traditional business models, etc
Introduction to SWOT Analysis of Leading through Negotiation: Harnessing the Power of Gender Stereotypes
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Leading through Negotiation: Harnessing the Power of Gender Stereotypes case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Stereotypes Gender, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Stereotypes Gender 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 Leading through Negotiation: Harnessing the Power of Gender Stereotypes can be done for the following purposes –
1. Strategic planning using facts provided in Leading through Negotiation: Harnessing the Power of Gender Stereotypes case study
2. Improving business portfolio management of Stereotypes Gender
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 Stereotypes Gender
Strengths Leading through Negotiation: Harnessing the Power of Gender Stereotypes | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Stereotypes Gender in Leading through Negotiation: Harnessing the Power of Gender Stereotypes Harvard Business Review case study are -
Sustainable margins compare to other players in Organizational Development industry
– Leading through Negotiation: Harnessing the Power of Gender Stereotypes firm has clearly differentiated products in the market place. This has enabled Stereotypes Gender to fetch slight price premium compare to the competitors in the Organizational Development industry. The sustainable margins have also helped Stereotypes Gender to invest into research and development (R&D) and innovation.
Training and development
– Stereotypes Gender has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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.
Innovation driven organization
– Stereotypes Gender is one of the most innovative firm in sector. Manager in Leading through Negotiation: Harnessing the Power of Gender Stereotypes Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Successful track record of launching new products
– Stereotypes Gender has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Stereotypes Gender 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.
Learning organization
- Stereotypes Gender 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 Stereotypes Gender is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Leading through Negotiation: Harnessing the Power of Gender Stereotypes Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Organizational Resilience of Stereotypes Gender
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Stereotypes Gender does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Analytics focus
– Stereotypes Gender 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 Laura J. Kray 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.
High switching costs
– The high switching costs that Stereotypes Gender 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.
Superior customer experience
– The customer experience strategy of Stereotypes Gender 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
– Stereotypes Gender is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Diverse revenue streams
– Stereotypes Gender is present in almost all the verticals within the industry. This has provided firm in Leading through Negotiation: Harnessing the Power of Gender Stereotypes case study a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
Ability to lead change in Organizational Development field
– Stereotypes Gender 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 Stereotypes Gender in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Weaknesses Leading through Negotiation: Harnessing the Power of Gender Stereotypes | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Leading through Negotiation: Harnessing the Power of Gender Stereotypes are -
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Leading through Negotiation: Harnessing the Power of Gender Stereotypes, it seems that the employees of Stereotypes Gender 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.
Slow decision making process
– As mentioned earlier in the report, Stereotypes Gender 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. Stereotypes Gender 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 Stereotypes Gender products
– To increase the profitability and margins on the products, Stereotypes Gender needs to provide more differentiated products than what it is currently offering in the marketplace.
Capital Spending Reduction
– Even during the low interest decade, Stereotypes Gender 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.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Stereotypes Gender is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Leading through Negotiation: Harnessing the Power of Gender Stereotypes can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Slow to strategic competitive environment developments
– As Leading through Negotiation: Harnessing the Power of Gender Stereotypes HBR case study mentions - Stereotypes Gender 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.
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 Stereotypes Gender supply chain. Even after few cautionary changes mentioned in the HBR case study - Leading through Negotiation: Harnessing the Power of Gender Stereotypes, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Stereotypes Gender vulnerable to further global disruptions in South East Asia.
High bargaining power of channel partners
– Because of the regulatory requirements, Laura J. Kray suggests that, Stereotypes Gender 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.
Skills based hiring
– The stress on hiring functional specialists at Stereotypes Gender 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 Stereotypes Gender 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 - Leading through Negotiation: Harnessing the Power of Gender Stereotypes should strive to include more intangible value offerings along with its core products and services.
Workers concerns about automation
– As automation is fast increasing in the segment, Stereotypes Gender 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.
Opportunities Leading through Negotiation: Harnessing the Power of Gender Stereotypes | 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 Leading through Negotiation: Harnessing the Power of Gender Stereotypes are -
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. Stereotypes Gender can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Stereotypes Gender can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Creating value in data economy
– The success of analytics program of Stereotypes Gender has opened avenues for new revenue streams for the organization in the industry. This can help Stereotypes Gender to build a more holistic ecosystem as suggested in the Leading through Negotiation: Harnessing the Power of Gender Stereotypes case study. Stereotypes Gender can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
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 Stereotypes Gender 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.
Leveraging digital technologies
– Stereotypes Gender 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.
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. Stereotypes Gender can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Buying journey improvements
– Stereotypes Gender can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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.
Better consumer reach
– The expansion of the 5G network will help Stereotypes Gender to increase its market reach. Stereotypes Gender 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.
Developing new processes and practices
– Stereotypes Gender 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.
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 Stereotypes Gender in the consumer business. Now Stereotypes Gender can target international markets with far fewer capital restrictions requirements than the existing system.
Manufacturing automation
– Stereotypes Gender 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.
Loyalty marketing
– Stereotypes Gender 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Stereotypes Gender 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, Leading through Negotiation: Harnessing the Power of Gender Stereotypes, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Threats Leading through Negotiation: Harnessing the Power of Gender Stereotypes External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Leading through Negotiation: Harnessing the Power of Gender Stereotypes are -
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 Stereotypes Gender business can come under increasing regulations regarding data privacy, data security, etc.
Regulatory challenges
– Stereotypes Gender 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.
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. Stereotypes Gender 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 Stereotypes Gender is facing in Organizational Development sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Leading through Negotiation: Harnessing the Power of Gender Stereotypes, Stereotypes Gender 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 .
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. Stereotypes Gender can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Technology acceleration in Forth Industrial Revolution
– Stereotypes Gender has witnessed rapid integration of technology during Covid-19 in the Organizational Development industry. As one of the leading players in the industry, Stereotypes Gender 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.
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. Stereotypes Gender needs to understand the core reasons impacting the Organizational Development industry. This will help it in building a better workplace.
Environmental challenges
– Stereotypes Gender 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. Stereotypes Gender can take advantage of this fund but it will also bring new competitors in the Organizational Development industry.
Increasing wage structure of Stereotypes Gender
– 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 Stereotypes Gender.
High dependence on third party suppliers
– Stereotypes Gender 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.
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 Stereotypes Gender in the Organizational Development sector and impact the bottomline of the organization.
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 Stereotypes Gender.
Weighted SWOT Analysis of Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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 Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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 Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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 Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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 Leading through Negotiation: Harnessing the Power of Gender Stereotypes 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 Stereotypes Gender needs to make to build a sustainable competitive advantage.
