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 - – competitive advantages are harder to sustain because of technology dispersion, cloud computing is disrupting traditional business models, increasing transportation and logistics costs, central banks are concerned over increasing inflation, increasing government debt because of Covid-19 spendings, there is increasing trade war between United States & China, increasing inequality as vast percentage of new income is going to the top 1%,
wage bills are increasing, increasing household debt because of falling income levels, 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 -
Cross disciplinary teams
– Horizontal connected teams at the Tasks Tedx 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.
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.
Sustainable margins compare to other players in Strategy & Execution industry
– Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team firm has clearly differentiated products in the market place. This has enabled Tasks Tedx to fetch slight price premium compare to the competitors in the Strategy & Execution industry. The sustainable margins have also helped Tasks Tedx to invest into research and development (R&D) and innovation.
Diverse revenue streams
– Tasks Tedx is present in almost all the verticals within the industry. This has provided firm in Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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.
Operational resilience
– The operational resilience strategy in the Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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.
High switching costs
– The high switching costs that Tasks Tedx 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.
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.
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.
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.
Successful track record of launching new products
– Tasks Tedx has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Tasks Tedx 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.
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.
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 -
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.
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.
Lack of clear differentiation of Tasks Tedx products
– To increase the profitability and margins on the products, Tasks Tedx needs to provide more differentiated products than what it is currently offering in the marketplace.
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.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Tasks Tedx is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Slow to strategic competitive environment developments
– As 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.
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 Tasks Tedx supply chain. Even after few cautionary changes mentioned in the HBR case study - Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Tasks Tedx vulnerable to further global disruptions in South East Asia.
No frontier risks strategy
– After analyzing the HBR case study Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team, 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.
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.
Increasing silos among functional specialists
– The organizational structure of Tasks Tedx is dominated by functional specialists. It is not different from other players in the Strategy & Execution segment. Tasks Tedx needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Tasks Tedx to focus more on services rather than just following the product oriented approach.
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.
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 -
Leveraging digital technologies
– Tasks Tedx 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.
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.
Developing new processes and practices
– Tasks Tedx 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Tasks Tedx is facing challenges because of the dominance of functional experts in the organization. Delegate Responsibilities and Go Beyond the Task: Motivating Yourself & Your Team 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Tasks Tedx can use these opportunities to build new business models that can help the communities that Tasks Tedx operates in. Secondly it can use opportunities from government spending in Strategy & Execution sector.
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.
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. Tasks Tedx can explore opportunities that can attract volunteers and are consistent with its mission and vision.
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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Tasks Tedx 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 Tasks Tedx to hire the very best people irrespective of their geographical location.
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.
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. Tasks Tedx can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Tasks Tedx 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.
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 -
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 .
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Tasks Tedx with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
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.
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.
Technology acceleration in Forth Industrial Revolution
– Tasks Tedx has witnessed rapid integration of technology during Covid-19 in the Strategy & Execution industry. As one of the leading players in the industry, Tasks Tedx 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.
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.
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.
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.
Consumer confidence and its impact on Tasks Tedx 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.
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 Tasks Tedx business can come under increasing regulations regarding data privacy, data security, etc.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study 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 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.
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.