Vector (C): Labour Negotiations at Maxime Platform SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Strategy & Execution
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Vector (C): Labour Negotiations at Maxime Platform
Case C gives an account of the last three months of negotiations. Negotiations lead to a win-win conclusion of the project for all stakeholders as activity on the installations continue - with all its positive effect on the local economy - through a third party and the Maxime Platforms workers are provided with an attractive remuneration package and redeployed in one of Vector's best plants in the region.
Swot Analysis of "Vector (C): Labour Negotiations at Maxime Platform" written by Quy Huy, Ramina Samii, Marc Avanzo includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Maxime Negotiations facing as an external strategic factors. Some of the topics covered in Vector (C): Labour Negotiations at Maxime Platform case study are - Strategic Management Strategies, Labor, Psychology and Strategy & Execution.
Some of the macro environment factors that can be used to understand the Vector (C): Labour Negotiations at Maxime Platform casestudy better are - – increasing inequality as vast percentage of new income is going to the top 1%, supply chains are disrupted by pandemic , competitive advantages are harder to sustain because of technology dispersion, increasing household debt because of falling income levels, increasing energy prices, challanges to central banks by blockchain based private currencies, technology disruption,
talent flight as more people leaving formal jobs, wage bills are increasing, etc
Introduction to SWOT Analysis of Vector (C): Labour Negotiations at Maxime Platform
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Vector (C): Labour Negotiations at Maxime Platform case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Maxime Negotiations, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Maxime Negotiations 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 Vector (C): Labour Negotiations at Maxime Platform can be done for the following purposes –
1. Strategic planning using facts provided in Vector (C): Labour Negotiations at Maxime Platform case study
2. Improving business portfolio management of Maxime Negotiations
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 Maxime Negotiations
Strengths Vector (C): Labour Negotiations at Maxime Platform | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Maxime Negotiations in Vector (C): Labour Negotiations at Maxime Platform Harvard Business Review case study are -
High switching costs
– The high switching costs that Maxime Negotiations 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 Strategy & Execution field
– Maxime Negotiations 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 Maxime Negotiations in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Cross disciplinary teams
– Horizontal connected teams at the Maxime Negotiations 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 Maxime Negotiations in the sector have low bargaining power. Vector (C): Labour Negotiations at Maxime Platform has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Maxime Negotiations to manage not only supply disruptions but also source products at highly competitive prices.
Operational resilience
– The operational resilience strategy in the Vector (C): Labour Negotiations at Maxime Platform 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.
Successful track record of launching new products
– Maxime Negotiations has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Maxime Negotiations 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.
Sustainable margins compare to other players in Strategy & Execution industry
– Vector (C): Labour Negotiations at Maxime Platform firm has clearly differentiated products in the market place. This has enabled Maxime Negotiations to fetch slight price premium compare to the competitors in the Strategy & Execution industry. The sustainable margins have also helped Maxime Negotiations to invest into research and development (R&D) and innovation.
Strong track record of project management
– Maxime Negotiations is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Superior customer experience
– The customer experience strategy of Maxime Negotiations in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Effective Research and Development (R&D)
– Maxime Negotiations 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 Vector (C): Labour Negotiations at Maxime Platform - 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
– Maxime Negotiations is present in almost all the verticals within the industry. This has provided firm in Vector (C): Labour Negotiations at Maxime Platform 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.
Analytics focus
– Maxime Negotiations 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 Quy Huy, Ramina Samii, Marc Avanzo 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.
Weaknesses Vector (C): Labour Negotiations at Maxime Platform | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Vector (C): Labour Negotiations at Maxime Platform are -
Workers concerns about automation
– As automation is fast increasing in the segment, Maxime Negotiations needs to come up with a strategy to reduce the workers concern regarding automation. Without a clear strategy, it could lead to disruption and uncertainty within the organization.
Aligning sales with marketing
– It come across in the case study Vector (C): Labour Negotiations at Maxime Platform 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 Vector (C): Labour Negotiations at Maxime Platform can leverage the sales team experience to cultivate customer relationships as Maxime Negotiations is planning to shift buying processes online.
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 Maxime Negotiations supply chain. Even after few cautionary changes mentioned in the HBR case study - Vector (C): Labour Negotiations at Maxime Platform, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Maxime Negotiations vulnerable to further global disruptions in South East Asia.
High bargaining power of channel partners
– Because of the regulatory requirements, Quy Huy, Ramina Samii, Marc Avanzo suggests that, Maxime Negotiations 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.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the Vector (C): Labour Negotiations at Maxime Platform 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 Maxime Negotiations has relatively successful track record of launching new products.
High operating costs
– Compare to the competitors, firm in the HBR case study Vector (C): Labour Negotiations at Maxime Platform 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 Maxime Negotiations 's lucrative customers.
Slow to strategic competitive environment developments
– As Vector (C): Labour Negotiations at Maxime Platform HBR case study mentions - Maxime Negotiations 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.
Low market penetration in new markets
– Outside its home market of Maxime Negotiations, firm in the HBR case study Vector (C): Labour Negotiations at Maxime Platform needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Skills based hiring
– The stress on hiring functional specialists at Maxime Negotiations 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 to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Maxime Negotiations is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Vector (C): Labour Negotiations at Maxime Platform can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Vector (C): Labour Negotiations at Maxime Platform, in the dynamic environment Maxime Negotiations has struggled to respond to the nimble upstart competition. Maxime Negotiations has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Opportunities Vector (C): Labour Negotiations at Maxime Platform | 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 Vector (C): Labour Negotiations at Maxime Platform are -
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Maxime Negotiations can use these opportunities to build new business models that can help the communities that Maxime Negotiations operates in. Secondly it can use opportunities from government spending in Strategy & Execution sector.
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. Maxime Negotiations can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
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 Maxime Negotiations in the consumer business. Now Maxime Negotiations can target international markets with far fewer capital restrictions requirements than the existing system.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Maxime Negotiations is facing challenges because of the dominance of functional experts in the organization. Vector (C): Labour Negotiations at Maxime Platform 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.
Loyalty marketing
– Maxime Negotiations 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Maxime Negotiations 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.
Using analytics as competitive advantage
– Maxime Negotiations 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 Vector (C): Labour Negotiations at Maxime Platform - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Maxime Negotiations to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Developing new processes and practices
– Maxime Negotiations 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.
Creating value in data economy
– The success of analytics program of Maxime Negotiations has opened avenues for new revenue streams for the organization in the industry. This can help Maxime Negotiations to build a more holistic ecosystem as suggested in the Vector (C): Labour Negotiations at Maxime Platform case study. Maxime Negotiations can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Manufacturing automation
– Maxime Negotiations 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.
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. Maxime Negotiations 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. Maxime Negotiations can further use this consumer data to build better customer loyalty, provide better products and service collection, and improve the value proposition in inflationary times.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Maxime Negotiations can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Maxime Negotiations 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 Maxime Negotiations to hire the very best people irrespective of their geographical location.
Threats Vector (C): Labour Negotiations at Maxime Platform External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Vector (C): Labour Negotiations at Maxime Platform are -
Stagnating economy with rate increase
– Maxime Negotiations 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Vector (C): Labour Negotiations at Maxime Platform, Maxime Negotiations 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 .
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 Maxime Negotiations business can come under increasing regulations regarding data privacy, data security, etc.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Maxime Negotiations with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Shortening product life cycle
– it is one of the major threat that Maxime Negotiations is facing in Strategy & Execution sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
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. Maxime Negotiations can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Consumer confidence and its impact on Maxime Negotiations 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.
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.
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
– Maxime Negotiations 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 Maxime Negotiations in the Strategy & Execution sector and impact the bottomline of the organization.
Technology acceleration in Forth Industrial Revolution
– Maxime Negotiations has witnessed rapid integration of technology during Covid-19 in the Strategy & Execution industry. As one of the leading players in the industry, Maxime Negotiations needs to keep up with the evolution of technology in the Strategy & Execution sector. According to Mckinsey study top managers believe that the adoption of technology in operations, communications is 20-25 times faster than what they planned in the beginning of 2019.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Maxime Negotiations 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 Vector (C): Labour Negotiations at Maxime Platform .
Weighted SWOT Analysis of Vector (C): Labour Negotiations at Maxime Platform 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 Vector (C): Labour Negotiations at Maxime Platform 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 Vector (C): Labour Negotiations at Maxime Platform 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 Vector (C): Labour Negotiations at Maxime Platform 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 Vector (C): Labour Negotiations at Maxime Platform 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 Maxime Negotiations needs to make to build a sustainable competitive advantage.