Swot Analysis of "Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos" written by Marian Moore includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Videos Uv0742 facing as an external strategic factors. Some of the topics covered in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos case study are - Strategic Management Strategies, Market research, Pricing, Public relations and Sales & Marketing.
Some of the macro environment factors that can be used to understand the Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos casestudy better are - – competitive advantages are harder to sustain because of technology dispersion, digital marketing is dominated by two big players Facebook and Google, cloud computing is disrupting traditional business models, supply chains are disrupted by pandemic , increasing energy prices, increasing government debt because of Covid-19 spendings, there is increasing trade war between United States & China,
geopolitical disruptions, technology disruption, etc
Introduction to SWOT Analysis of Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Videos Uv0742, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Videos Uv0742 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos can be done for the following purposes –
1. Strategic planning using facts provided in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos case study
2. Improving business portfolio management of Videos Uv0742
3. Assessing feasibility of the new initiative in Sales & Marketing field.
4. Making a Sales & Marketing topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Videos Uv0742
Strengths Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Videos Uv0742 in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos Harvard Business Review case study are -
Learning organization
- Videos Uv0742 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 Videos Uv0742 is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
High switching costs
– The high switching costs that Videos Uv0742 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 lead change in Sales & Marketing field
– Videos Uv0742 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 Videos Uv0742 in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Analytics focus
– Videos Uv0742 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 Marian Moore 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 Videos Uv0742 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.
Low bargaining power of suppliers
– Suppliers of Videos Uv0742 in the sector have low bargaining power. Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Videos Uv0742 to manage not only supply disruptions but also source products at highly competitive prices.
Training and development
– Videos Uv0742 has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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.
Superior customer experience
– The customer experience strategy of Videos Uv0742 in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
High brand equity
– Videos Uv0742 has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Videos Uv0742 to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Organizational Resilience of Videos Uv0742
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Videos Uv0742 does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Highly skilled collaborators
– Videos Uv0742 has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive segment. Secondly the value chain collaborators of the firm in Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Effective Research and Development (R&D)
– Videos Uv0742 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Weaknesses Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos are -
Low market penetration in new markets
– Outside its home market of Videos Uv0742, firm in the HBR case study Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Capital Spending Reduction
– Even during the low interest decade, Videos Uv0742 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, Videos Uv0742 is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Skills based hiring
– The stress on hiring functional specialists at Videos Uv0742 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.
Slow decision making process
– As mentioned earlier in the report, Videos Uv0742 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. Videos Uv0742 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.
No frontier risks strategy
– After analyzing the HBR case study Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos, it seems that company is thinking about the frontier risks that can impact Sales & Marketing 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.
Lack of clear differentiation of Videos Uv0742 products
– To increase the profitability and margins on the products, Videos Uv0742 needs to provide more differentiated products than what it is currently offering in the marketplace.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos, is just above the industry average. Videos Uv0742 needs to redesign the compensation structure and incentives to increase the revenue per employees. Some of the steps that it can take are – hiring more specialists on project basis, etc.
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 Videos Uv0742 supply chain. Even after few cautionary changes mentioned in the HBR case study - Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Videos Uv0742 vulnerable to further global disruptions in South East Asia.
Products dominated business model
– Even though Videos Uv0742 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 - Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos should strive to include more intangible value offerings along with its core products and services.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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 Videos Uv0742 has relatively successful track record of launching new products.
Opportunities Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos | 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos are -
Buying journey improvements
– Videos Uv0742 can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Videos Uv0742 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, Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Videos Uv0742 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 Videos Uv0742 to hire the very best people irrespective of their geographical location.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Videos Uv0742 is facing challenges because of the dominance of functional experts in the organization. Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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.
Better consumer reach
– The expansion of the 5G network will help Videos Uv0742 to increase its market reach. Videos Uv0742 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
– Videos Uv0742 can develop new processes and procedures in Sales & Marketing 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.
Leveraging digital technologies
– Videos Uv0742 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Videos Uv0742 in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Sales & Marketing segment, and it will provide faster access to the consumers.
Using analytics as competitive advantage
– Videos Uv0742 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Videos Uv0742 to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Learning at scale
– Online learning technologies has now opened space for Videos Uv0742 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Videos Uv0742 can use these opportunities to build new business models that can help the communities that Videos Uv0742 operates in. Secondly it can use opportunities from government spending in Sales & Marketing sector.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Videos Uv0742 can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Manufacturing automation
– Videos Uv0742 can use the latest technology developments to improve its manufacturing and designing process in Sales & Marketing 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.
Threats Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos are -
Regulatory challenges
– Videos Uv0742 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 Sales & Marketing industry regulations.
Stagnating economy with rate increase
– Videos Uv0742 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 Videos Uv0742.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos, Videos Uv0742 may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Sales & Marketing .
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 Videos Uv0742 business can come under increasing regulations regarding data privacy, data security, 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.
Technology acceleration in Forth Industrial Revolution
– Videos Uv0742 has witnessed rapid integration of technology during Covid-19 in the Sales & Marketing industry. As one of the leading players in the industry, Videos Uv0742 needs to keep up with the evolution of technology in the Sales & Marketing 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.
Easy access to finance
– Easy access to finance in Sales & Marketing field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Videos Uv0742 can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
High dependence on third party suppliers
– Videos Uv0742 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.
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. Videos Uv0742 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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Videos Uv0742 in the Sales & Marketing industry. The Sales & Marketing 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.
Aging population
– As the populations of most advanced economies are aging, it will lead to high social security costs, higher savings among population, and lower demand for goods and services in the economy. The household savings in US, France, UK, Germany, and Japan are growing faster than predicted because of uncertainty caused by pandemic.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Videos Uv0742 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos .
Weighted SWOT Analysis of Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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 Brooke Correll and Clos Du Val: Adventures in Napa Valley, Student Videos 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 Videos Uv0742 needs to make to build a sustainable competitive advantage.
