Partnering to Reinvent an Industry, Video (DVD) SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Strategy & Execution
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Partnering to Reinvent an Industry, Video (DVD)
This ground-breaking alliance reinvents an old-fashioned industry and the relationship between producers and customers. Calyx & Corolla, a cataloger, markets fresh flower arrangements. Mount Eden Growers supplies the flowers. Federal Express delivers. All three partners win. The growers have a new profit source and an unheard of steady demand for product. Federal Express has gained experience in penetrating a new market. Shows the advantage of partnering from the eyes of the managers, who must change corporate attitudes and systems to allow for growth.
Swot Analysis of "Partnering to Reinvent an Industry, Video (DVD)" written by Rosabeth Moss Kanter includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Growers Partnering facing as an external strategic factors. Some of the topics covered in Partnering to Reinvent an Industry, Video (DVD) case study are - Strategic Management Strategies, Growth strategy, Innovation, Joint ventures, Organizational culture and Strategy & Execution.
Some of the macro environment factors that can be used to understand the Partnering to Reinvent an Industry, Video (DVD) casestudy better are - – increasing energy prices, banking and financial system is disrupted by Bitcoin and other crypto currencies, there is backlash against globalization, central banks are concerned over increasing inflation, cloud computing is disrupting traditional business models, increasing commodity prices, customer relationship management is fast transforming because of increasing concerns over data privacy,
technology disruption, geopolitical disruptions, etc
Introduction to SWOT Analysis of Partnering to Reinvent an Industry, Video (DVD)
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Partnering to Reinvent an Industry, Video (DVD) case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Growers Partnering, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Growers Partnering 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 Partnering to Reinvent an Industry, Video (DVD) can be done for the following purposes –
1. Strategic planning using facts provided in Partnering to Reinvent an Industry, Video (DVD) case study
2. Improving business portfolio management of Growers Partnering
3. Assessing feasibility of the new initiative in Strategy & Execution field.
4. Making a Strategy & Execution topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Growers Partnering
Strengths Partnering to Reinvent an Industry, Video (DVD) | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Growers Partnering in Partnering to Reinvent an Industry, Video (DVD) Harvard Business Review case study are -
Effective Research and Development (R&D)
– Growers Partnering 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 Partnering to Reinvent an Industry, Video (DVD) - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Diverse revenue streams
– Growers Partnering is present in almost all the verticals within the industry. This has provided firm in Partnering to Reinvent an Industry, Video (DVD) 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.
High brand equity
– Growers Partnering has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Growers Partnering to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Learning organization
- Growers Partnering 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 Growers Partnering is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Partnering to Reinvent an Industry, Video (DVD) Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Successful track record of launching new products
– Growers Partnering has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Growers Partnering 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 Growers Partnering 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.
Strong track record of project management
– Growers Partnering is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Innovation driven organization
– Growers Partnering is one of the most innovative firm in sector. Manager in Partnering to Reinvent an Industry, Video (DVD) Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Ability to recruit top talent
– Growers Partnering is one of the leading recruiters in the industry. Managers in the Partnering to Reinvent an Industry, Video (DVD) 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 Strategy & Execution industry
– Partnering to Reinvent an Industry, Video (DVD) firm has clearly differentiated products in the market place. This has enabled Growers Partnering to fetch slight price premium compare to the competitors in the Strategy & Execution industry. The sustainable margins have also helped Growers Partnering to invest into research and development (R&D) and innovation.
Ability to lead change in Strategy & Execution field
– Growers Partnering 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 Growers Partnering in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Low bargaining power of suppliers
– Suppliers of Growers Partnering in the sector have low bargaining power. Partnering to Reinvent an Industry, Video (DVD) has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Growers Partnering to manage not only supply disruptions but also source products at highly competitive prices.
Weaknesses Partnering to Reinvent an Industry, Video (DVD) | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Partnering to Reinvent an Industry, Video (DVD) are -
Interest costs
– Compare to the competition, Growers Partnering has borrowed money from the capital market at higher rates. It needs to restructure the interest payment and costs so that it can compete better and improve profitability.
Capital Spending Reduction
– Even during the low interest decade, Growers Partnering 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, Growers Partnering is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Partnering to Reinvent an Industry, Video (DVD) can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
High operating costs
– Compare to the competitors, firm in the HBR case study Partnering to Reinvent an Industry, Video (DVD) has high operating costs in the. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Growers Partnering 's lucrative customers.
Increasing silos among functional specialists
– The organizational structure of Growers Partnering is dominated by functional specialists. It is not different from other players in the Strategy & Execution segment. Growers Partnering needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Growers Partnering to focus more on services rather than just following the product oriented approach.
No frontier risks strategy
– After analyzing the HBR case study Partnering to Reinvent an Industry, Video (DVD), it seems that company is thinking about the frontier risks that can impact Strategy & Execution 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.
Aligning sales with marketing
– It come across in the case study Partnering to Reinvent an Industry, Video (DVD) that the firm needs to have more collaboration between its sales team and marketing team. Sales professionals in the industry have deep experience in developing customer relationships. Marketing department in the case Partnering to Reinvent an Industry, Video (DVD) can leverage the sales team experience to cultivate customer relationships as Growers Partnering is planning to shift buying processes online.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Partnering to Reinvent an Industry, Video (DVD), it seems that the employees of Growers Partnering 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 to strategic competitive environment developments
– As Partnering to Reinvent an Industry, Video (DVD) HBR case study mentions - Growers Partnering 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.
Lack of clear differentiation of Growers Partnering products
– To increase the profitability and margins on the products, Growers Partnering needs to provide more differentiated products than what it is currently offering in the marketplace.
Need for greater diversity
– Growers Partnering 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.
Opportunities Partnering to Reinvent an Industry, Video (DVD) | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities highlighted in the Harvard Business Review case study Partnering to Reinvent an Industry, Video (DVD) are -
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Strategy & Execution industry, but it has also influenced the consumer preferences. Growers Partnering can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Developing new processes and practices
– Growers Partnering can develop new processes and procedures in Strategy & Execution 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.
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. Growers Partnering can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Buying journey improvements
– Growers Partnering can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Partnering to Reinvent an Industry, Video (DVD) suggest that firm can provide automated chats to help consumers solve their own problems, provide online suggestions to get maximum out of the products and services, and help consumers to build a community where they can interact with each other to develop new features and uses.
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Strategy & Execution industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Growers Partnering 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. Growers Partnering 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.
Using analytics as competitive advantage
– Growers Partnering 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 Partnering to Reinvent an Industry, Video (DVD) - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Growers Partnering to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Growers Partnering can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Growers Partnering 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, Partnering to Reinvent an Industry, Video (DVD), to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Leveraging digital technologies
– Growers Partnering 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 Growers Partnering in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Strategy & Execution segment, and it will provide faster access to the consumers.
Building a culture of innovation
– managers at Growers Partnering 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 Strategy & Execution segment.
Manufacturing automation
– Growers Partnering can use the latest technology developments to improve its manufacturing and designing process in Strategy & Execution 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Growers Partnering 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.
Threats Partnering to Reinvent an Industry, Video (DVD) External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Partnering to Reinvent an Industry, Video (DVD) are -
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 Growers Partnering in the Strategy & Execution sector and impact the bottomline of the organization.
High dependence on third party suppliers
– Growers Partnering 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. Growers Partnering 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Partnering to Reinvent an Industry, Video (DVD), Growers Partnering may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Strategy & Execution .
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.
Easy access to finance
– Easy access to finance in Strategy & Execution field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Growers Partnering can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
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.
Consumer confidence and its impact on Growers Partnering 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.
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 Growers Partnering.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Growers Partnering 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 Partnering to Reinvent an Industry, Video (DVD) .
Increasing wage structure of Growers Partnering
– 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 Growers Partnering.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Growers Partnering in the Strategy & Execution industry. The Strategy & Execution 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.
Stagnating economy with rate increase
– Growers Partnering 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.
Weighted SWOT Analysis of Partnering to Reinvent an Industry, Video (DVD) Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers in the HBR case study Partnering to Reinvent an Industry, Video (DVD) needs to zero down on the relative importance of each factor mentioned in the Strengths, Weakness, Opportunities, and Threats quadrants.
We can provide the relative importance to each factor by assigning relative weights. Weighted SWOT analysis process is a three stage process –
First stage for doing weighted SWOT analysis of the case study Partnering to Reinvent an Industry, Video (DVD) is to rank the strengths and weaknesses of the organization. This will help you to assess the most important strengths and weaknesses of the firm and which one of the strengths and weaknesses mentioned in the initial lists are marginal and can be left out.
Second stage for conducting weighted SWOT analysis of the Harvard case study Partnering to Reinvent an Industry, Video (DVD) is to give probabilities to the external strategic factors thus better understanding the opportunities and threats arising out of macro environment changes and developments.
Third stage of constructing weighted SWOT analysis of Partnering to Reinvent an Industry, Video (DVD) is to provide strategic recommendations includes – joining likelihood of external strategic factors such as opportunities and threats to the internal strategic factors – strengths and weaknesses. You should start with external factors as they will provide the direction of the overall industry. Secondly by joining probabilities with internal strategic factors can help the company not only strategic fit but also the most probably strategic trade-off that Growers Partnering needs to make to build a sustainable competitive advantage.
