Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Strategy & Execution
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society
As Fei Cheng Wu Rao, China's most popular entertainment program, enters its fourth year, company leaders grapple with questions of how to keep the show fresh and reach new markets. In particular, the show is poised to expand to Africa, yet there are significant questions about how to tailor a program designed to capture the attention of a unique demographic within China to new cultural contexts.
Authors :: Christopher Marquis, Zoe Yang, Juelin Yin
Swot Analysis of "Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society" written by Christopher Marquis, Zoe Yang, Juelin Yin includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Fei Cheng facing as an external strategic factors. Some of the topics covered in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society case study are - Strategic Management Strategies, Marketing, Strategy and Strategy & Execution.
Some of the macro environment factors that can be used to understand the Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society casestudy better are - – cloud computing is disrupting traditional business models, talent flight as more people leaving formal jobs, increasing government debt because of Covid-19 spendings, banking and financial system is disrupted by Bitcoin and other crypto currencies, customer relationship management is fast transforming because of increasing concerns over data privacy, increasing energy prices, wage bills are increasing,
increasing inequality as vast percentage of new income is going to the top 1%, challanges to central banks by blockchain based private currencies, etc
Introduction to SWOT Analysis of Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Fei Cheng, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Fei Cheng 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society can be done for the following purposes –
1. Strategic planning using facts provided in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society case study
2. Improving business portfolio management of Fei Cheng
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 Fei Cheng
Strengths Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Fei Cheng in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society Harvard Business Review case study are -
Successful track record of launching new products
– Fei Cheng has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Fei Cheng 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.
Learning organization
- Fei Cheng 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 Fei Cheng is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
High brand equity
– Fei Cheng has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Fei Cheng to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Diverse revenue streams
– Fei Cheng is present in almost all the verticals within the industry. This has provided firm in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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.
Innovation driven organization
– Fei Cheng is one of the most innovative firm in sector. Manager in Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Sustainable margins compare to other players in Strategy & Execution industry
– Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society firm has clearly differentiated products in the market place. This has enabled Fei Cheng to fetch slight price premium compare to the competitors in the Strategy & Execution industry. The sustainable margins have also helped Fei Cheng to invest into research and development (R&D) and innovation.
Analytics focus
– Fei Cheng 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 Christopher Marquis, Zoe Yang, Juelin Yin 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.
Ability to lead change in Strategy & Execution field
– Fei Cheng 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 Fei Cheng in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Highly skilled collaborators
– Fei Cheng 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Digital Transformation in Strategy & Execution segment
- digital transformation varies from industry to industry. For Fei Cheng digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Fei Cheng has successfully integrated the four key components of digital transformation – digital integration in processes, digital integration in marketing and customer relationship management, digital integration into the value chain, and using technology to explore new products and market opportunities.
Ability to recruit top talent
– Fei Cheng is one of the leading recruiters in the industry. Managers in the Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Cross disciplinary teams
– Horizontal connected teams at the Fei Cheng 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.
Weaknesses Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society are -
Capital Spending Reduction
– Even during the low interest decade, Fei Cheng 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.
High bargaining power of channel partners
– Because of the regulatory requirements, Christopher Marquis, Zoe Yang, Juelin Yin suggests that, Fei Cheng 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.
Need for greater diversity
– Fei Cheng 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.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society, in the dynamic environment Fei Cheng has struggled to respond to the nimble upstart competition. Fei Cheng has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Aligning sales with marketing
– It come across in the case study Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society can leverage the sales team experience to cultivate customer relationships as Fei Cheng is planning to shift buying processes online.
High operating costs
– Compare to the competitors, firm in the HBR case study Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng 's lucrative customers.
Lack of clear differentiation of Fei Cheng products
– To increase the profitability and margins on the products, Fei Cheng needs to provide more differentiated products than what it is currently offering in the marketplace.
No frontier risks strategy
– After analyzing the HBR case study Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society, 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.
Increasing silos among functional specialists
– The organizational structure of Fei Cheng is dominated by functional specialists. It is not different from other players in the Strategy & Execution segment. Fei Cheng needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Fei Cheng to focus more on services rather than just following the product oriented approach.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society, it seems that the employees of Fei Cheng 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.
Interest costs
– Compare to the competition, Fei Cheng 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.
Opportunities Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society | 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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, Fei Cheng can use these opportunities to build new business models that can help the communities that Fei Cheng operates in. Secondly it can use opportunities from government spending in Strategy & Execution sector.
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. Fei Cheng can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Fei Cheng 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, Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Fei Cheng 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 Fei Cheng to hire the very best people irrespective of their geographical location.
Better consumer reach
– The expansion of the 5G network will help Fei Cheng to increase its market reach. Fei Cheng 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.
Building a culture of innovation
– managers at Fei Cheng 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Fei Cheng 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.
Leveraging digital technologies
– Fei Cheng 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.
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. Fei Cheng 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. Fei Cheng 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.
Buying journey improvements
– Fei Cheng can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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
– Fei Cheng 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Fei Cheng is facing challenges because of the dominance of functional experts in the organization. Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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.
Learning at scale
– Online learning technologies has now opened space for Fei Cheng 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.
Threats Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society are -
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Fei Cheng 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
– Fei Cheng 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.
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 Fei Cheng 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.
Regulatory challenges
– Fei Cheng 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. Fei Cheng needs to understand the core reasons impacting the Strategy & Execution industry. This will help it in building a better workplace.
Aging population
– As the populations of most advanced economies are aging, it will lead to high social security costs, higher savings among population, and lower demand for goods and services in the economy. The household savings in US, France, UK, Germany, and Japan are growing faster than predicted because of uncertainty caused by pandemic.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Fei Cheng 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society .
Environmental challenges
– Fei Cheng 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. Fei Cheng can take advantage of this fund but it will also bring new competitors in the Strategy & Execution industry.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Fei Cheng 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.
Shortening product life cycle
– it is one of the major threat that Fei Cheng is facing in Strategy & Execution sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
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 Fei Cheng business can come under increasing regulations regarding data privacy, data security, etc.
High dependence on third party suppliers
– Fei Cheng 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng Wu Rao (If You Are the One): The Media as a Reflection of Society 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 Fei Cheng needs to make to build a sustainable competitive advantage.