Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Strategy & Execution
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team
Unless you are at the top of the hierarchy, most managers will find themselves caught in a conflicting position, having to carry out certain tasks delegated from above, while not delegating to those below, and where no one experiences much freedom of movement. In the face of this reality, a change of management style is required. Based on research, teaching, consulting and a recent TEDx Talk delivered on the subject, this article shares the keys that will help readers earn the trust of senior management, enabling every person to convert his or her tasks into more enriching responsibilities. The authors suggest the necessary managerial and organizational conditions to do so. If people begin to look beyond the goal of simply checking off tasks, and instead focus on each person's personal and professional development, this paradigm shift will bring benefits for the organization as a whole.
Swot Analysis of "Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team" written by Carlos Garcia Pont, J. Ignacio Canales includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Tasks Tedx facing as an external strategic factors. Some of the topics covered in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team case study are - Strategic Management Strategies, Motivating people, Strategy and Strategy & Execution.
Some of the macro environment factors that can be used to understand the Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team casestudy better are - – increasing inequality as vast percentage of new income is going to the top 1%, there is increasing trade war between United States & China, challanges to central banks by blockchain based private currencies, cloud computing is disrupting traditional business models, supply chains are disrupted by pandemic , technology disruption, competitive advantages are harder to sustain because of technology dispersion,
central banks are concerned over increasing inflation, customer relationship management is fast transforming because of increasing concerns over data privacy, etc
Introduction to SWOT Analysis of Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Tasks Tedx, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Tasks Tedx 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team can be done for the following purposes –
1. Strategic planning using facts provided in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team case study
2. Improving business portfolio management of Tasks Tedx
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 Tasks Tedx
Strengths Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Tasks Tedx in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team Harvard Business Review case study are -
High brand equity
– Tasks Tedx has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Tasks Tedx to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Innovation driven organization
– Tasks Tedx is one of the most innovative firm in sector. Manager in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Ability to lead change in Strategy & Execution field
– Tasks Tedx 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 Tasks Tedx 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 Tasks Tedx in the sector have low bargaining power. Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Tasks Tedx to manage not only supply disruptions but also source products at highly competitive prices.
Highly skilled collaborators
– Tasks Tedx 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Analytics focus
– Tasks Tedx 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 Carlos Garcia Pont, J. Ignacio Canales 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.
Effective Research and Development (R&D)
– Tasks Tedx 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Organizational Resilience of Tasks Tedx
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Tasks Tedx does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Strong track record of project management
– Tasks Tedx is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Learning organization
- Tasks Tedx 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 Tasks Tedx is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Training and development
– Tasks Tedx has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Tasks Tedx in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Weaknesses Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team are -
Slow to strategic competitive environment developments
– As Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team HBR case study mentions - Tasks Tedx 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.
Workers concerns about automation
– As automation is fast increasing in the segment, Tasks Tedx 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.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, in the dynamic environment Tasks Tedx has struggled to respond to the nimble upstart competition. Tasks Tedx has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
High operating costs
– Compare to the competitors, firm in the HBR case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Tasks Tedx 's lucrative customers.
Slow decision making process
– As mentioned earlier in the report, Tasks Tedx 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. Tasks Tedx 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.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, is just above the industry average. Tasks Tedx 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.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, it seems that the employees of Tasks Tedx 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.
Products dominated business model
– Even though Tasks Tedx 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 - Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team should strive to include more intangible value offerings along with its core products and services.
Low market penetration in new markets
– Outside its home market of Tasks Tedx, firm in the HBR case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Capital Spending Reduction
– Even during the low interest decade, Tasks Tedx 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.
Skills based hiring
– The stress on hiring functional specialists at Tasks Tedx 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.
Opportunities Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team | 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team are -
Manufacturing automation
– Tasks Tedx 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Tasks Tedx 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, Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Low interest rates
– Even though inflation is raising its head in most developed economies, Tasks Tedx 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.
Better consumer reach
– The expansion of the 5G network will help Tasks Tedx to increase its market reach. Tasks Tedx 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Tasks Tedx 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 Tasks Tedx has opened avenues for new revenue streams for the organization in the industry. This can help Tasks Tedx to build a more holistic ecosystem as suggested in the Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team case study. Tasks Tedx can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Buying journey improvements
– Tasks Tedx can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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.
Loyalty marketing
– Tasks Tedx 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.
Learning at scale
– Online learning technologies has now opened space for Tasks Tedx 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.
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 Tasks Tedx 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.
Building a culture of innovation
– managers at Tasks Tedx 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.
Using analytics as competitive advantage
– Tasks Tedx 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Tasks Tedx to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
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 Tasks Tedx in the consumer business. Now Tasks Tedx can target international markets with far fewer capital restrictions requirements than the existing system.
Threats Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team are -
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Tasks Tedx 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.
Environmental challenges
– Tasks Tedx 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. Tasks Tedx can take advantage of this fund but it will also bring new competitors in the Strategy & Execution industry.
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.
High dependence on third party suppliers
– Tasks Tedx high dependence on third party suppliers can disrupt its processes and delivery mechanism. For example -the current troubles of car makers because of chip shortage is because the chip companies started producing chips for electronic companies rather than car manufacturers.
Capital market disruption
– During the Covid-19, Dow Jones has touched record high. The valuations of a number of companies are way beyond their existing business model potential. This can lead to capital market correction which can put a number of suppliers, collaborators, value chain partners in great financial difficulty. It will directly impact the business of Tasks Tedx.
Regulatory challenges
– Tasks Tedx 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 Strategy & Execution industry regulations.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, Tasks Tedx 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 .
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. Tasks Tedx needs to understand the core reasons impacting the Strategy & Execution industry. This will help it in building a better workplace.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Tasks Tedx 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team .
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. Tasks Tedx can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Stagnating economy with rate increase
– Tasks Tedx 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.
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. Tasks Tedx 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.
Increasing wage structure of Tasks Tedx
– 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 Tasks Tedx.
Weighted SWOT Analysis of Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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 Tasks Tedx needs to make to build a sustainable competitive advantage.
