NaanDanJain: Every Drop of Water Counts SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Global Business
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of NaanDanJain: Every Drop of Water Counts
This case demonstrates the growing importance of water policy and water scarcity on key business decisions. It uses the merger of two drip irrigation companies to show how the business models of multinationals were shifting to accommodate current and expected water crises in many parts of the world. In 2012, Jain Irrigation Systems, a multinational founded in India, became sole owner of the Israel-based NaanDan Joint Venture, a privately held, well-respected irrigation technology firm. The creation of NaanDanJain evidenced the increasingly visible role of India as a global player whose multinationals acquired high-tech companies from more advanced economies. But more important for this case, when considering demographic and economic variables for each country, the merger illustrated the challenges of providing irrigation to small farmers. This case situates the formation/establishment of NaanDanJain within the divergent water policies and water practices of both Israel and India.
Swot Analysis of "NaanDanJain: Every Drop of Water Counts" written by Peter Debaere, Allison Elias includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Naandanjain Irrigation facing as an external strategic factors. Some of the topics covered in NaanDanJain: Every Drop of Water Counts case study are - Strategic Management Strategies, and Global Business.
Some of the macro environment factors that can be used to understand the NaanDanJain: Every Drop of Water Counts casestudy better are - – customer relationship management is fast transforming because of increasing concerns over data privacy, talent flight as more people leaving formal jobs, central banks are concerned over increasing inflation, increasing commodity prices, digital marketing is dominated by two big players Facebook and Google, cloud computing is disrupting traditional business models, competitive advantages are harder to sustain because of technology dispersion,
geopolitical disruptions, increasing government debt because of Covid-19 spendings, etc
Introduction to SWOT Analysis of NaanDanJain: Every Drop of Water Counts
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in NaanDanJain: Every Drop of Water Counts case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Naandanjain Irrigation, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Naandanjain Irrigation 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 NaanDanJain: Every Drop of Water Counts can be done for the following purposes –
1. Strategic planning using facts provided in NaanDanJain: Every Drop of Water Counts case study
2. Improving business portfolio management of Naandanjain Irrigation
3. Assessing feasibility of the new initiative in Global Business field.
4. Making a Global Business topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Naandanjain Irrigation
Strengths NaanDanJain: Every Drop of Water Counts | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Naandanjain Irrigation in NaanDanJain: Every Drop of Water Counts Harvard Business Review case study are -
Low bargaining power of suppliers
– Suppliers of Naandanjain Irrigation in the sector have low bargaining power. NaanDanJain: Every Drop of Water Counts has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Naandanjain Irrigation to manage not only supply disruptions but also source products at highly competitive prices.
Innovation driven organization
– Naandanjain Irrigation is one of the most innovative firm in sector. Manager in NaanDanJain: Every Drop of Water Counts 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 Global Business industry
– NaanDanJain: Every Drop of Water Counts firm has clearly differentiated products in the market place. This has enabled Naandanjain Irrigation to fetch slight price premium compare to the competitors in the Global Business industry. The sustainable margins have also helped Naandanjain Irrigation to invest into research and development (R&D) and innovation.
Ability to recruit top talent
– Naandanjain Irrigation is one of the leading recruiters in the industry. Managers in the NaanDanJain: Every Drop of Water Counts 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
- Naandanjain Irrigation 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 Naandanjain Irrigation is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in NaanDanJain: Every Drop of Water Counts Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Strong track record of project management
– Naandanjain Irrigation is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
High switching costs
– The high switching costs that Naandanjain Irrigation 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.
Training and development
– Naandanjain Irrigation has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in NaanDanJain: Every Drop of Water Counts 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.
Successful track record of launching new products
– Naandanjain Irrigation has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Naandanjain Irrigation 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.
Superior customer experience
– The customer experience strategy of Naandanjain Irrigation in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Analytics focus
– Naandanjain Irrigation 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 Peter Debaere, Allison Elias 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.
Organizational Resilience of Naandanjain Irrigation
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Naandanjain Irrigation does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Weaknesses NaanDanJain: Every Drop of Water Counts | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of NaanDanJain: Every Drop of Water Counts are -
High operating costs
– Compare to the competitors, firm in the HBR case study NaanDanJain: Every Drop of Water Counts 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 Naandanjain Irrigation 's lucrative customers.
Capital Spending Reduction
– Even during the low interest decade, Naandanjain Irrigation 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 Naandanjain Irrigation products
– To increase the profitability and margins on the products, Naandanjain Irrigation 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 NaanDanJain: Every Drop of Water Counts, in the dynamic environment Naandanjain Irrigation has struggled to respond to the nimble upstart competition. Naandanjain Irrigation has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study NaanDanJain: Every Drop of Water Counts, it seems that the employees of Naandanjain Irrigation 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 NaanDanJain: Every Drop of Water Counts, it seems that company is thinking about the frontier risks that can impact Global Business 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.
High cash cycle compare to competitors
Naandanjain Irrigation 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.
Workers concerns about automation
– As automation is fast increasing in the segment, Naandanjain Irrigation 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.
Slow to strategic competitive environment developments
– As NaanDanJain: Every Drop of Water Counts HBR case study mentions - Naandanjain Irrigation 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.
Skills based hiring
– The stress on hiring functional specialists at Naandanjain Irrigation 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.
Low market penetration in new markets
– Outside its home market of Naandanjain Irrigation, firm in the HBR case study NaanDanJain: Every Drop of Water Counts needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Opportunities NaanDanJain: Every Drop of Water Counts | 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 NaanDanJain: Every Drop of Water Counts are -
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. Naandanjain Irrigation can explore opportunities that can attract volunteers and are consistent with its mission and vision.
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 Naandanjain Irrigation in the consumer business. Now Naandanjain Irrigation can target international markets with far fewer capital restrictions requirements than the existing system.
Loyalty marketing
– Naandanjain Irrigation 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.
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 Naandanjain Irrigation 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Naandanjain Irrigation can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Manufacturing automation
– Naandanjain Irrigation can use the latest technology developments to improve its manufacturing and designing process in Global Business 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Naandanjain Irrigation 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 Naandanjain Irrigation to hire the very best people irrespective of their geographical location.
Building a culture of innovation
– managers at Naandanjain Irrigation 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 Global Business segment.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Naandanjain Irrigation can use these opportunities to build new business models that can help the communities that Naandanjain Irrigation operates in. Secondly it can use opportunities from government spending in Global Business sector.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Naandanjain Irrigation is facing challenges because of the dominance of functional experts in the organization. NaanDanJain: Every Drop of Water Counts 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.
Using analytics as competitive advantage
– Naandanjain Irrigation 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 NaanDanJain: Every Drop of Water Counts - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Naandanjain Irrigation to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Creating value in data economy
– The success of analytics program of Naandanjain Irrigation has opened avenues for new revenue streams for the organization in the industry. This can help Naandanjain Irrigation to build a more holistic ecosystem as suggested in the NaanDanJain: Every Drop of Water Counts case study. Naandanjain Irrigation can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Low interest rates
– Even though inflation is raising its head in most developed economies, Naandanjain Irrigation 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.
Threats NaanDanJain: Every Drop of Water Counts External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study NaanDanJain: Every Drop of Water Counts are -
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 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. Naandanjain Irrigation needs to understand the core reasons impacting the Global Business 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, Naandanjain Irrigation 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 NaanDanJain: Every Drop of Water Counts .
High dependence on third party suppliers
– Naandanjain Irrigation 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.
Consumer confidence and its impact on Naandanjain Irrigation 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 Naandanjain Irrigation business can come under increasing regulations regarding data privacy, data security, etc.
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 Naandanjain Irrigation.
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. Naandanjain Irrigation 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.
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 Naandanjain Irrigation in the Global Business sector and impact the bottomline of the organization.
Increasing wage structure of Naandanjain Irrigation
– 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 Naandanjain Irrigation.
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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Naandanjain Irrigation in the Global Business industry. The Global Business 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study NaanDanJain: Every Drop of Water Counts, Naandanjain Irrigation may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Global Business .
Weighted SWOT Analysis of NaanDanJain: Every Drop of Water Counts 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 NaanDanJain: Every Drop of Water Counts 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 NaanDanJain: Every Drop of Water Counts 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 NaanDanJain: Every Drop of Water Counts 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 NaanDanJain: Every Drop of Water Counts 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 Naandanjain Irrigation needs to make to build a sustainable competitive advantage.