Stoy Foods: Role Information for Milan Stoyanovic SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Leadership & Managing People
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Stoy Foods: Role Information for Milan Stoyanovic
In this simulation exercise, four family members must negotiate over the future of the family business. Should the business be sold to a strategic buyer, or should the family retain control? If the business is sold, how should the proceeds of the sale be distributed among family members? If the business is not sold, how should ongoing ownership and control be shared among family members? The exercise, which is inspired by a collection of real-world scenarios, provides an opportunity to practice techniques for learning about the motivations of others and for forging agreements that balance the interests of multiple parties. Special thanks to Boris Tsimerinov (PLDA16, 2017) of Semper8 Capital for his contributions to this exercise.
Swot Analysis of "Stoy Foods: Role Information for Milan Stoyanovic" written by John Beshears includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Family Exercise facing as an external strategic factors. Some of the topics covered in Stoy Foods: Role Information for Milan Stoyanovic case study are - Strategic Management Strategies, Human resource management, Negotiations, Succession planning and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Stoy Foods: Role Information for Milan Stoyanovic casestudy better are - – increasing inequality as vast percentage of new income is going to the top 1%, increasing energy prices, central banks are concerned over increasing inflation, there is increasing trade war between United States & China, increasing commodity prices, challanges to central banks by blockchain based private currencies, increasing transportation and logistics costs,
banking and financial system is disrupted by Bitcoin and other crypto currencies, supply chains are disrupted by pandemic , etc
Introduction to SWOT Analysis of Stoy Foods: Role Information for Milan Stoyanovic
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Stoy Foods: Role Information for Milan Stoyanovic case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Family Exercise, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Family Exercise 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 Stoy Foods: Role Information for Milan Stoyanovic can be done for the following purposes –
1. Strategic planning using facts provided in Stoy Foods: Role Information for Milan Stoyanovic case study
2. Improving business portfolio management of Family Exercise
3. Assessing feasibility of the new initiative in Leadership & Managing People field.
4. Making a Leadership & Managing People topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Family Exercise
Strengths Stoy Foods: Role Information for Milan Stoyanovic | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Family Exercise in Stoy Foods: Role Information for Milan Stoyanovic Harvard Business Review case study are -
Successful track record of launching new products
– Family Exercise has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Family Exercise 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.
Diverse revenue streams
– Family Exercise is present in almost all the verticals within the industry. This has provided firm in Stoy Foods: Role Information for Milan Stoyanovic case study a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
High brand equity
– Family Exercise has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Family Exercise to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Organizational Resilience of Family Exercise
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Family Exercise does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
High switching costs
– The high switching costs that Family Exercise 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.
Sustainable margins compare to other players in Leadership & Managing People industry
– Stoy Foods: Role Information for Milan Stoyanovic firm has clearly differentiated products in the market place. This has enabled Family Exercise to fetch slight price premium compare to the competitors in the Leadership & Managing People industry. The sustainable margins have also helped Family Exercise to invest into research and development (R&D) and innovation.
Strong track record of project management
– Family Exercise is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Ability to recruit top talent
– Family Exercise is one of the leading recruiters in the industry. Managers in the Stoy Foods: Role Information for Milan Stoyanovic are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Learning organization
- Family Exercise 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 Family Exercise is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Stoy Foods: Role Information for Milan Stoyanovic Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Highly skilled collaborators
– Family Exercise 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 Stoy Foods: Role Information for Milan Stoyanovic HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Analytics focus
– Family Exercise 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 John Beshears 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)
– Family Exercise 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 Stoy Foods: Role Information for Milan Stoyanovic - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Weaknesses Stoy Foods: Role Information for Milan Stoyanovic | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Stoy Foods: Role Information for Milan Stoyanovic are -
High cash cycle compare to competitors
Family Exercise has a high cash cycle compare to other players in the industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Stoy Foods: Role Information for Milan Stoyanovic, is just above the industry average. Family Exercise 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.
Low market penetration in new markets
– Outside its home market of Family Exercise, firm in the HBR case study Stoy Foods: Role Information for Milan Stoyanovic needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Increasing silos among functional specialists
– The organizational structure of Family Exercise is dominated by functional specialists. It is not different from other players in the Leadership & Managing People segment. Family Exercise needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Family Exercise to focus more on services rather than just following the product oriented approach.
Capital Spending Reduction
– Even during the low interest decade, Family Exercise 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.
Lack of clear differentiation of Family Exercise products
– To increase the profitability and margins on the products, Family Exercise needs to provide more differentiated products than what it is currently offering in the marketplace.
High bargaining power of channel partners
– Because of the regulatory requirements, John Beshears suggests that, Family Exercise 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.
Aligning sales with marketing
– It come across in the case study Stoy Foods: Role Information for Milan Stoyanovic 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 Stoy Foods: Role Information for Milan Stoyanovic can leverage the sales team experience to cultivate customer relationships as Family Exercise is planning to shift buying processes online.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Stoy Foods: Role Information for Milan Stoyanovic, it seems that the employees of Family Exercise 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.
No frontier risks strategy
– After analyzing the HBR case study Stoy Foods: Role Information for Milan Stoyanovic, it seems that company is thinking about the frontier risks that can impact Leadership & Managing People 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.
Workers concerns about automation
– As automation is fast increasing in the segment, Family Exercise 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.
Opportunities Stoy Foods: Role Information for Milan Stoyanovic | 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 Stoy Foods: Role Information for Milan Stoyanovic are -
Learning at scale
– Online learning technologies has now opened space for Family Exercise 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.
Building a culture of innovation
– managers at Family Exercise 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 Leadership & Managing People segment.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Family Exercise can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Buying journey improvements
– Family Exercise can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Stoy Foods: Role Information for Milan Stoyanovic 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Family Exercise 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Family Exercise 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 Family Exercise to hire the very best people irrespective of their geographical location.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Family Exercise can use these opportunities to build new business models that can help the communities that Family Exercise operates in. Secondly it can use opportunities from government spending in Leadership & Managing People sector.
Creating value in data economy
– The success of analytics program of Family Exercise has opened avenues for new revenue streams for the organization in the industry. This can help Family Exercise to build a more holistic ecosystem as suggested in the Stoy Foods: Role Information for Milan Stoyanovic case study. Family Exercise can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Family Exercise in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Leadership & Managing People segment, and it will provide faster access to the consumers.
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. Family Exercise can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Manufacturing automation
– Family Exercise can use the latest technology developments to improve its manufacturing and designing process in Leadership & Managing People 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.
Better consumer reach
– The expansion of the 5G network will help Family Exercise to increase its market reach. Family Exercise 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Family Exercise 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, Stoy Foods: Role Information for Milan Stoyanovic, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Threats Stoy Foods: Role Information for Milan Stoyanovic External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Stoy Foods: Role Information for Milan Stoyanovic are -
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Family Exercise in the Leadership & Managing People industry. The Leadership & Managing People 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.
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.
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 Family Exercise in the Leadership & Managing People sector and impact the bottomline of the organization.
Technology acceleration in Forth Industrial Revolution
– Family Exercise has witnessed rapid integration of technology during Covid-19 in the Leadership & Managing People industry. As one of the leading players in the industry, Family Exercise needs to keep up with the evolution of technology in the Leadership & Managing People 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.
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.
Shortening product life cycle
– it is one of the major threat that Family Exercise is facing in Leadership & Managing People sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
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. Family Exercise needs to understand the core reasons impacting the Leadership & Managing People industry. This will help it in building a better workplace.
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 Family Exercise business can come under increasing regulations regarding data privacy, data security, etc.
Regulatory challenges
– Family Exercise 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 Leadership & Managing People industry regulations.
Stagnating economy with rate increase
– Family Exercise 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. Family Exercise 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.
Easy access to finance
– Easy access to finance in Leadership & Managing People field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Family Exercise can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Stoy Foods: Role Information for Milan Stoyanovic, Family Exercise may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Leadership & Managing People .
Weighted SWOT Analysis of Stoy Foods: Role Information for Milan Stoyanovic 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 Stoy Foods: Role Information for Milan Stoyanovic 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 Stoy Foods: Role Information for Milan Stoyanovic 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 Stoy Foods: Role Information for Milan Stoyanovic 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 Stoy Foods: Role Information for Milan Stoyanovic 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 Family Exercise needs to make to build a sustainable competitive advantage.