Case Study Description of Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998
Describes, in detail, events precipitating crises. Provides both conventional and new explanations of crises. Presents a chronology of crises as the events unfold, and a brief summary of four particular countries (Malaysia, Indonesia, South Korea, Thailand) and their perspective development strategies (18 presented).
Swot Analysis of "Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998" written by Huw Pill, Don Mathis includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Crises Bahtulism facing as an external strategic factors. Some of the topics covered in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 case study are - Strategic Management Strategies, Currency, Economic development, Economics, International business, Recession and Global Business.
Some of the macro environment factors that can be used to understand the Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 casestudy better are - – digital marketing is dominated by two big players Facebook and Google, customer relationship management is fast transforming because of increasing concerns over data privacy, there is increasing trade war between United States & China, challanges to central banks by blockchain based private currencies, increasing transportation and logistics costs, there is backlash against globalization, cloud computing is disrupting traditional business models,
central banks are concerned over increasing inflation, talent flight as more people leaving formal jobs, etc
Introduction to SWOT Analysis of Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Crises Bahtulism, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Crises Bahtulism 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 can be done for the following purposes –
1. Strategic planning using facts provided in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 case study
2. Improving business portfolio management of Crises Bahtulism
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 Crises Bahtulism
Strengths Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Crises Bahtulism in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 Harvard Business Review case study are -
Diverse revenue streams
– Crises Bahtulism is present in almost all the verticals within the industry. This has provided firm in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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.
Highly skilled collaborators
– Crises Bahtulism 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Innovation driven organization
– Crises Bahtulism is one of the most innovative firm in sector. Manager in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Superior customer experience
– The customer experience strategy of Crises Bahtulism in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Sustainable margins compare to other players in Global Business industry
– Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 firm has clearly differentiated products in the market place. This has enabled Crises Bahtulism to fetch slight price premium compare to the competitors in the Global Business industry. The sustainable margins have also helped Crises Bahtulism to invest into research and development (R&D) and innovation.
Learning organization
- Crises Bahtulism 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 Crises Bahtulism is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Operational resilience
– The operational resilience strategy in the Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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.
Strong track record of project management
– Crises Bahtulism is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Organizational Resilience of Crises Bahtulism
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Crises Bahtulism does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
High brand equity
– Crises Bahtulism has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Crises Bahtulism to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Effective Research and Development (R&D)
– Crises Bahtulism 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Cross disciplinary teams
– Horizontal connected teams at the Crises Bahtulism 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 are -
Need for greater diversity
– Crises Bahtulism 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.
Skills based hiring
– The stress on hiring functional specialists at Crises Bahtulism 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.
Aligning sales with marketing
– It come across in the case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 can leverage the sales team experience to cultivate customer relationships as Crises Bahtulism is planning to shift buying processes online.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Crises Bahtulism is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Lack of clear differentiation of Crises Bahtulism products
– To increase the profitability and margins on the products, Crises Bahtulism needs to provide more differentiated products than what it is currently offering in the marketplace.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 HBR case study still accounts for major business revenue. This dependence on star products in has resulted into insufficient focus on developing new products, even though Crises Bahtulism has relatively successful track record of launching new products.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998, it seems that the employees of Crises Bahtulism 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.
Low market penetration in new markets
– Outside its home market of Crises Bahtulism, firm in the HBR case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Interest costs
– Compare to the competition, Crises Bahtulism 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.
High operating costs
– Compare to the competitors, firm in the HBR case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Crises Bahtulism 's lucrative customers.
High cash cycle compare to competitors
Crises Bahtulism 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.
Opportunities Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 | 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 are -
Manufacturing automation
– Crises Bahtulism 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.
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. Crises Bahtulism can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Learning at scale
– Online learning technologies has now opened space for Crises Bahtulism 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Crises Bahtulism can use these opportunities to build new business models that can help the communities that Crises Bahtulism operates in. Secondly it can use opportunities from government spending in Global Business sector.
Better consumer reach
– The expansion of the 5G network will help Crises Bahtulism to increase its market reach. Crises Bahtulism 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Crises Bahtulism 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Crises Bahtulism in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Global Business segment, and it will provide faster access to the consumers.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Crises Bahtulism 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 Crises Bahtulism to hire the very best people irrespective of their geographical location.
Building a culture of innovation
– managers at Crises Bahtulism 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.
Developing new processes and practices
– Crises Bahtulism can develop new processes and procedures in Global Business 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, Crises Bahtulism is facing challenges because of the dominance of functional experts in the organization. Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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.
Creating value in data economy
– The success of analytics program of Crises Bahtulism has opened avenues for new revenue streams for the organization in the industry. This can help Crises Bahtulism to build a more holistic ecosystem as suggested in the Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 case study. Crises Bahtulism can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Using analytics as competitive advantage
– Crises Bahtulism 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Crises Bahtulism to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Threats Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 are -
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 Crises Bahtulism business can come under increasing regulations regarding data privacy, data security, etc.
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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998, Crises Bahtulism 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 .
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. Crises Bahtulism will face different problems in different parts of Europe. For example it will face inflationary pressures in UK, France, and Germany, balance sheet expansion and demand challenges in Southern European countries, and geopolitical instability in the Eastern Europe.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Crises Bahtulism 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 .
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. Crises Bahtulism needs to understand the core reasons impacting the Global Business 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.
Technology acceleration in Forth Industrial Revolution
– Crises Bahtulism has witnessed rapid integration of technology during Covid-19 in the Global Business industry. As one of the leading players in the industry, Crises Bahtulism needs to keep up with the evolution of technology in the Global Business 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.
Stagnating economy with rate increase
– Crises Bahtulism 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.
High dependence on third party suppliers
– Crises Bahtulism 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.
Environmental challenges
– Crises Bahtulism 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. Crises Bahtulism can take advantage of this fund but it will also bring new competitors in the Global Business industry.
Increasing wage structure of Crises Bahtulism
– 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 Crises Bahtulism.
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 Crises Bahtulism in the Global Business sector and impact the bottomline of the organization.
Weighted SWOT Analysis of Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Bahtulism, Collapse, Resurrection? Financial Crisis in Asia: 1997-1998 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 Crises Bahtulism needs to make to build a sustainable competitive advantage.