Note on the New Deal: From the First to the Second "Hundred Days" SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Global Business
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Note on the New Deal: From the First to the Second "Hundred Days"
A brief summary of Franklin D. Roosevelt's New Deal policies between 1933 and 1935. Contains three statistical tables that supplement Selected U.S. Statistics: Part I and Selected U.S. Statistics: Part II.
Swot Analysis of "Note on the New Deal: From the First to the Second "Hundred Days"" written by Thomas K. McCraw, Daniel A. Pope includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Statistics Selected facing as an external strategic factors. Some of the topics covered in Note on the New Deal: From the First to the Second "Hundred Days" case study are - Strategic Management Strategies, Economic development, Economics, Policy, Regulation and Global Business.
Some of the macro environment factors that can be used to understand the Note on the New Deal: From the First to the Second "Hundred Days" casestudy better are - – central banks are concerned over increasing inflation, increasing energy prices, supply chains are disrupted by pandemic , talent flight as more people leaving formal jobs, banking and financial system is disrupted by Bitcoin and other crypto currencies, increasing inequality as vast percentage of new income is going to the top 1%, cloud computing is disrupting traditional business models,
increasing government debt because of Covid-19 spendings, there is backlash against globalization, etc
Introduction to SWOT Analysis of Note on the New Deal: From the First to the Second "Hundred Days"
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Note on the New Deal: From the First to the Second "Hundred Days" case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Statistics Selected, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Statistics Selected 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 Note on the New Deal: From the First to the Second "Hundred Days" can be done for the following purposes –
1. Strategic planning using facts provided in Note on the New Deal: From the First to the Second "Hundred Days" case study
2. Improving business portfolio management of Statistics Selected
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 Statistics Selected
Strengths Note on the New Deal: From the First to the Second "Hundred Days" | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Statistics Selected in Note on the New Deal: From the First to the Second "Hundred Days" Harvard Business Review case study are -
Effective Research and Development (R&D)
– Statistics Selected 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 Note on the New Deal: From the First to the Second "Hundred Days" - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Ability to lead change in Global Business field
– Statistics Selected 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 Statistics Selected in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Highly skilled collaborators
– Statistics Selected 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 Note on the New Deal: From the First to the Second "Hundred Days" HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
High brand equity
– Statistics Selected has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Statistics Selected to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Training and development
– Statistics Selected has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Note on the New Deal: From the First to the Second "Hundred Days" 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 Statistics Selected
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Statistics Selected does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Diverse revenue streams
– Statistics Selected is present in almost all the verticals within the industry. This has provided firm in Note on the New Deal: From the First to the Second "Hundred Days" 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.
Cross disciplinary teams
– Horizontal connected teams at the Statistics Selected 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.
Superior customer experience
– The customer experience strategy of Statistics Selected in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Operational resilience
– The operational resilience strategy in the Note on the New Deal: From the First to the Second "Hundred Days" 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.
Digital Transformation in Global Business segment
- digital transformation varies from industry to industry. For Statistics Selected digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Statistics Selected 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.
Ability to recruit top talent
– Statistics Selected is one of the leading recruiters in the industry. Managers in the Note on the New Deal: From the First to the Second "Hundred Days" are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Weaknesses Note on the New Deal: From the First to the Second "Hundred Days" | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Note on the New Deal: From the First to the Second "Hundred Days" are -
Slow to strategic competitive environment developments
– As Note on the New Deal: From the First to the Second "Hundred Days" HBR case study mentions - Statistics Selected 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.
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 Statistics Selected supply chain. Even after few cautionary changes mentioned in the HBR case study - Note on the New Deal: From the First to the Second "Hundred Days", it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Statistics Selected vulnerable to further global disruptions in South East Asia.
Aligning sales with marketing
– It come across in the case study Note on the New Deal: From the First to the Second "Hundred Days" 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 Note on the New Deal: From the First to the Second "Hundred Days" can leverage the sales team experience to cultivate customer relationships as Statistics Selected is planning to shift buying processes online.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Note on the New Deal: From the First to the Second "Hundred Days", is just above the industry average. Statistics Selected 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.
Skills based hiring
– The stress on hiring functional specialists at Statistics Selected 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 Statistics Selected, firm in the HBR case study Note on the New Deal: From the First to the Second "Hundred Days" needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the Note on the New Deal: From the First to the Second "Hundred Days" 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 Statistics Selected has relatively successful track record of launching new products.
Need for greater diversity
– Statistics Selected 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.
Capital Spending Reduction
– Even during the low interest decade, Statistics Selected 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.
Increasing silos among functional specialists
– The organizational structure of Statistics Selected is dominated by functional specialists. It is not different from other players in the Global Business segment. Statistics Selected needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Statistics Selected to focus more on services rather than just following the product oriented approach.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Note on the New Deal: From the First to the Second "Hundred Days", it seems that the employees of Statistics Selected 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.
Opportunities Note on the New Deal: From the First to the Second "Hundred Days" | 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 Note on the New Deal: From the First to the Second "Hundred Days" are -
Redefining models of collaboration and team work
– As explained in the weaknesses section, Statistics Selected is facing challenges because of the dominance of functional experts in the organization. Note on the New Deal: From the First to the Second "Hundred Days" 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.
Building a culture of innovation
– managers at Statistics Selected 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Statistics Selected 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 Statistics Selected 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Statistics Selected 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, Note on the New Deal: From the First to the Second "Hundred Days", to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Better consumer reach
– The expansion of the 5G network will help Statistics Selected to increase its market reach. Statistics Selected 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.
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 Statistics Selected in the consumer business. Now Statistics Selected can target international markets with far fewer capital restrictions requirements than the existing system.
Developing new processes and practices
– Statistics Selected 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.
Buying journey improvements
– Statistics Selected can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Note on the New Deal: From the First to the Second "Hundred Days" 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.
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 Statistics Selected 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.
Loyalty marketing
– Statistics Selected 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Statistics Selected 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
– Statistics Selected 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.
Threats Note on the New Deal: From the First to the Second "Hundred Days" External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Note on the New Deal: From the First to the Second "Hundred Days" are -
Consumer confidence and its impact on Statistics Selected 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.
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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Statistics Selected 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. Statistics Selected needs to understand the core reasons impacting the Global Business industry. This will help it in building a better workplace.
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 Statistics Selected.
Shortening product life cycle
– it is one of the major threat that Statistics Selected is facing in Global Business sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
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 Statistics Selected in the Global Business sector and impact the bottomline 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 Note on the New Deal: From the First to the Second "Hundred Days", Statistics Selected 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. Statistics Selected can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Statistics Selected 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 Note on the New Deal: From the First to the Second "Hundred Days" .
Environmental challenges
– Statistics Selected 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. Statistics Selected can take advantage of this fund but it will also bring new competitors in the Global Business industry.
Stagnating economy with rate increase
– Statistics Selected can face lack of demand in the market place because of Fed actions to reduce inflation. This can lead to sluggish growth in the economy, lower demands, lower investments, higher borrowing costs, and consolidation in the field.
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. Statistics Selected 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.
Weighted SWOT Analysis of Note on the New Deal: From the First to the Second "Hundred Days" 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 Note on the New Deal: From the First to the Second "Hundred Days" 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 Note on the New Deal: From the First to the Second "Hundred Days" 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 Note on the New Deal: From the First to the Second "Hundred Days" 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 Note on the New Deal: From the First to the Second "Hundred Days" 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 Statistics Selected needs to make to build a sustainable competitive advantage.
