Swot Analysis of "Post-War U.S. Economic Statistics, Data Supplement" written by Julio J. Rotemberg, Cherie Nursalim includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that 078 378 facing as an external strategic factors. Some of the topics covered in Post-War U.S. Economic Statistics, Data Supplement case study are - Strategic Management Strategies, Policy and Global Business.
Some of the macro environment factors that can be used to understand the Post-War U.S. Economic Statistics, Data Supplement casestudy better are - – central banks are concerned over increasing inflation, there is backlash against globalization, digital marketing is dominated by two big players Facebook and Google, wage bills are increasing, increasing transportation and logistics costs, challanges to central banks by blockchain based private currencies, increasing energy prices,
increasing commodity prices, increasing government debt because of Covid-19 spendings, etc
Introduction to SWOT Analysis of Post-War U.S. Economic Statistics, Data Supplement
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Post-War U.S. Economic Statistics, Data Supplement case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the 078 378, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which 078 378 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 Post-War U.S. Economic Statistics, Data Supplement can be done for the following purposes –
1. Strategic planning using facts provided in Post-War U.S. Economic Statistics, Data Supplement case study
2. Improving business portfolio management of 078 378
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 078 378
Strengths Post-War U.S. Economic Statistics, Data Supplement | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of 078 378 in Post-War U.S. Economic Statistics, Data Supplement Harvard Business Review case study are -
Successful track record of launching new products
– 078 378 has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. 078 378 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.
Ability to lead change in Global Business field
– 078 378 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 078 378 in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Highly skilled collaborators
– 078 378 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 Post-War U.S. Economic Statistics, Data Supplement HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
High brand equity
– 078 378 has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled 078 378 to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Training and development
– 078 378 has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Post-War U.S. Economic Statistics, Data Supplement 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.
Organizational Resilience of 078 378
– The covid-19 pandemic has put organizational resilience at the centre of everthing that 078 378 does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Digital Transformation in Global Business segment
- digital transformation varies from industry to industry. For 078 378 digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. 078 378 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.
High switching costs
– The high switching costs that 078 378 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.
Ability to recruit top talent
– 078 378 is one of the leading recruiters in the industry. Managers in the Post-War U.S. Economic Statistics, Data Supplement 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 078 378 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.
Sustainable margins compare to other players in Global Business industry
– Post-War U.S. Economic Statistics, Data Supplement firm has clearly differentiated products in the market place. This has enabled 078 378 to fetch slight price premium compare to the competitors in the Global Business industry. The sustainable margins have also helped 078 378 to invest into research and development (R&D) and innovation.
Analytics focus
– 078 378 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 Julio J. Rotemberg, Cherie Nursalim 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.
Weaknesses Post-War U.S. Economic Statistics, Data Supplement | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Post-War U.S. Economic Statistics, Data Supplement are -
Workers concerns about automation
– As automation is fast increasing in the segment, 078 378 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.
Increasing silos among functional specialists
– The organizational structure of 078 378 is dominated by functional specialists. It is not different from other players in the Global Business segment. 078 378 needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help 078 378 to focus more on services rather than just following the product oriented approach.
Slow to strategic competitive environment developments
– As Post-War U.S. Economic Statistics, Data Supplement HBR case study mentions - 078 378 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.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Post-War U.S. Economic Statistics, Data Supplement, it seems that the employees of 078 378 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.
High operating costs
– Compare to the competitors, firm in the HBR case study Post-War U.S. Economic Statistics, Data Supplement 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 078 378 's lucrative customers.
Lack of clear differentiation of 078 378 products
– To increase the profitability and margins on the products, 078 378 needs to provide more differentiated products than what it is currently offering in the marketplace.
High dependence on existing supply chain
– The disruption in the global supply chains because of the Covid-19 pandemic and blockage of the Suez Canal illustrated the fragile nature of 078 378 supply chain. Even after few cautionary changes mentioned in the HBR case study - Post-War U.S. Economic Statistics, Data Supplement, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left 078 378 vulnerable to further global disruptions in South East Asia.
Capital Spending Reduction
– Even during the low interest decade, 078 378 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.
Interest costs
– Compare to the competition, 078 378 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.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Post-War U.S. Economic Statistics, Data Supplement, is just above the industry average. 078 378 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.
Products dominated business model
– Even though 078 378 has some of the most successful products in the industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. firm in the HBR case study - Post-War U.S. Economic Statistics, Data Supplement should strive to include more intangible value offerings along with its core products and services.
Opportunities Post-War U.S. Economic Statistics, Data Supplement | 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 Post-War U.S. Economic Statistics, Data Supplement are -
Leveraging digital technologies
– 078 378 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, 078 378 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, 078 378 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, Post-War U.S. Economic Statistics, Data Supplement, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Buying journey improvements
– 078 378 can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Post-War U.S. Economic Statistics, Data Supplement 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects 078 378 can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Lowering marketing communication costs
– 5G expansion will open new opportunities for 078 378 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.
Using analytics as competitive advantage
– 078 378 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 Post-War U.S. Economic Statistics, Data Supplement - to build a competitive advantage using analytics. The analytics driven competitive advantage can help 078 378 to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Better consumer reach
– The expansion of the 5G network will help 078 378 to increase its market reach. 078 378 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.
Learning at scale
– Online learning technologies has now opened space for 078 378 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 078 378 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.
Creating value in data economy
– The success of analytics program of 078 378 has opened avenues for new revenue streams for the organization in the industry. This can help 078 378 to build a more holistic ecosystem as suggested in the Post-War U.S. Economic Statistics, Data Supplement case study. 078 378 can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Global Business industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. 078 378 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. 078 378 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, 078 378 is facing challenges because of the dominance of functional experts in the organization. Post-War U.S. Economic Statistics, Data Supplement 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.
Threats Post-War U.S. Economic Statistics, Data Supplement External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Post-War U.S. Economic Statistics, Data Supplement are -
Consumer confidence and its impact on 078 378 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.
Shortening product life cycle
– it is one of the major threat that 078 378 is facing in Global Business 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 078 378 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.
Increasing wage structure of 078 378
– 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 078 378.
Technology acceleration in Forth Industrial Revolution
– 078 378 has witnessed rapid integration of technology during Covid-19 in the Global Business industry. As one of the leading players in the industry, 078 378 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.
Environmental challenges
– 078 378 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. 078 378 can take advantage of this fund but it will also bring new competitors in the Global Business industry.
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. 078 378 needs to understand the core reasons impacting the Global Business industry. This will help it in building a better workplace.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents 078 378 with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, 078 378 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 Post-War U.S. Economic Statistics, Data Supplement .
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for 078 378 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.
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 078 378.
High dependence on third party suppliers
– 078 378 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 Post-War U.S. Economic Statistics, Data Supplement 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 Post-War U.S. Economic Statistics, Data Supplement 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 Post-War U.S. Economic Statistics, Data Supplement 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 Post-War U.S. Economic Statistics, Data Supplement 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 Post-War U.S. Economic Statistics, Data Supplement 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 078 378 needs to make to build a sustainable competitive advantage.