IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Global Business
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong
Investigates the issues and difficulties of an IDD connection when there is policy asymmetry between two regions/countries and highlights the importance of interconnection decisions. Cites as an example the unilateral sudden increase in interconnection charges by China Telecom in November 2002. Describes the response of Hong Kong's IDD operators and the regulatory authority. Looks at the Hong Kong Telecom--the monopoly--era, when technical innovators found ways to offer new services that undercut or bypassed monopolistic arrangements. This kind of innovation and entrepreneurship is possible, however, only when there are also liberal arrangements on the foreign side of the circuit. Identifies the reasons for the failure of the accounting rate system. The findings provide a factual base for policy discussions on interconnection decisions.
Swot Analysis of "IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong" written by Pun-Lee Lam, Alexandra Yiu, Ka-Fu Wong includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Idd Interconnection facing as an external strategic factors. Some of the topics covered in IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong case study are - Strategic Management Strategies, Regulation and Global Business.
Some of the macro environment factors that can be used to understand the IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong casestudy better are - – challanges to central banks by blockchain based private currencies, increasing energy prices, digital marketing is dominated by two big players Facebook and Google, increasing transportation and logistics costs, increasing household debt because of falling income levels, central banks are concerned over increasing inflation, geopolitical disruptions,
competitive advantages are harder to sustain because of technology dispersion, technology disruption, etc
Introduction to SWOT Analysis of IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Idd Interconnection, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Idd Interconnection 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong can be done for the following purposes –
1. Strategic planning using facts provided in IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong case study
2. Improving business portfolio management of Idd Interconnection
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 Idd Interconnection
Strengths IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Idd Interconnection in IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong Harvard Business Review case study are -
Strong track record of project management
– Idd Interconnection is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Effective Research and Development (R&D)
– Idd Interconnection 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Successful track record of launching new products
– Idd Interconnection has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Idd Interconnection has effective processes in place that helps in exploring new product needs, doing quick pilot testing, and then launching the products quickly using its extensive distribution network.
Learning organization
- Idd Interconnection 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 Idd Interconnection is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Innovation driven organization
– Idd Interconnection is one of the most innovative firm in sector. Manager in IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Operational resilience
– The operational resilience strategy in the IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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.
Sustainable margins compare to other players in Global Business industry
– IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong firm has clearly differentiated products in the market place. This has enabled Idd Interconnection to fetch slight price premium compare to the competitors in the Global Business industry. The sustainable margins have also helped Idd Interconnection to invest into research and development (R&D) and innovation.
Cross disciplinary teams
– Horizontal connected teams at the Idd Interconnection 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.
High brand equity
– Idd Interconnection has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Idd Interconnection to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Highly skilled collaborators
– Idd Interconnection 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Analytics focus
– Idd Interconnection 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 Pun-Lee Lam, Alexandra Yiu, Ka-Fu Wong can also help it to harness the power of analytics for – marketing optimization, demand forecasting, customer relationship management, inventory management, information sharing across the value chain etc.
Ability to lead change in Global Business field
– Idd Interconnection 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 Idd Interconnection in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Weaknesses IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong are -
Need for greater diversity
– Idd Interconnection 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.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Idd Interconnection is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
High bargaining power of channel partners
– Because of the regulatory requirements, Pun-Lee Lam, Alexandra Yiu, Ka-Fu Wong suggests that, Idd Interconnection 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.
No frontier risks strategy
– After analyzing the HBR case study IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong, 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 operating costs
– Compare to the competitors, firm in the HBR case study IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 Idd Interconnection 's lucrative customers.
Slow decision making process
– As mentioned earlier in the report, Idd Interconnection has a very deliberative decision making approach. This approach has resulted in prudent decisions, but it has also resulted in missing opportunities in the industry over the last five years. Idd Interconnection even though has strong showing on digital transformation primary two stages, it has struggled to capitalize the power of digital transformation in marketing efforts and new venture efforts.
Interest costs
– Compare to the competition, Idd Interconnection 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.
Aligning sales with marketing
– It come across in the case study IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong can leverage the sales team experience to cultivate customer relationships as Idd Interconnection is planning to shift buying processes online.
Products dominated business model
– Even though Idd Interconnection 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 - IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong should strive to include more intangible value offerings along with its core products and services.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 Idd Interconnection has relatively successful track record of launching new products.
Slow to strategic competitive environment developments
– As IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong HBR case study mentions - Idd Interconnection 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.
Opportunities IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong | 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong are -
Building a culture of innovation
– managers at Idd Interconnection 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.
Manufacturing automation
– Idd Interconnection 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.
Leveraging digital technologies
– Idd Interconnection 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.
Buying journey improvements
– Idd Interconnection can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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.
Developing new processes and practices
– Idd Interconnection 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Idd Interconnection 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, IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Learning at scale
– Online learning technologies has now opened space for Idd Interconnection 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Idd Interconnection is facing challenges because of the dominance of functional experts in the organization. IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Idd Interconnection can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Creating value in data economy
– The success of analytics program of Idd Interconnection has opened avenues for new revenue streams for the organization in the industry. This can help Idd Interconnection to build a more holistic ecosystem as suggested in the IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong case study. Idd Interconnection 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, Idd Interconnection 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.
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. Idd Interconnection can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Using analytics as competitive advantage
– Idd Interconnection 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Idd Interconnection to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Threats IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong are -
Environmental challenges
– Idd Interconnection 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. Idd Interconnection can take advantage of this fund but it will also bring new competitors in the Global Business industry.
Shortening product life cycle
– it is one of the major threat that Idd Interconnection is facing in Global Business sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, 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 Idd Interconnection.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Idd Interconnection 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong .
Technology acceleration in Forth Industrial Revolution
– Idd Interconnection has witnessed rapid integration of technology during Covid-19 in the Global Business industry. As one of the leading players in the industry, Idd Interconnection 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
– Idd Interconnection 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.
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 Idd Interconnection in the Global Business sector and impact the bottomline 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 Idd Interconnection 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.
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. Idd Interconnection 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 Idd Interconnection with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong, Idd Interconnection 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 .
Easy access to finance
– Easy access to finance in Global Business field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Idd Interconnection can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Increasing wage structure of Idd Interconnection
– 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 Idd Interconnection.
Weighted SWOT Analysis of IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 IDD Connection Between a Reform-in-Progress China and a Deregulated Hong Kong 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 Idd Interconnection needs to make to build a sustainable competitive advantage.