Swot Analysis of "Alleviating Poverty and Malnutrition: Successful Models" written by Ray A. Goldberg, Kerry Herman, Laura Winig includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Alleviating Malnutrition facing as an external strategic factors. Some of the topics covered in Alleviating Poverty and Malnutrition: Successful Models case study are - Strategic Management Strategies, Emerging markets, Social responsibility and Global Business.
Some of the macro environment factors that can be used to understand the Alleviating Poverty and Malnutrition: Successful Models casestudy better are - – competitive advantages are harder to sustain because of technology dispersion, digital marketing is dominated by two big players Facebook and Google, increasing energy prices, geopolitical disruptions, increasing government debt because of Covid-19 spendings, there is backlash against globalization, increasing household debt because of falling income levels,
cloud computing is disrupting traditional business models, central banks are concerned over increasing inflation, etc
Introduction to SWOT Analysis of Alleviating Poverty and Malnutrition: Successful Models
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Alleviating Poverty and Malnutrition: Successful Models case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Alleviating Malnutrition, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Alleviating Malnutrition 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 Alleviating Poverty and Malnutrition: Successful Models can be done for the following purposes –
1. Strategic planning using facts provided in Alleviating Poverty and Malnutrition: Successful Models case study
2. Improving business portfolio management of Alleviating Malnutrition
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 Alleviating Malnutrition
Strengths Alleviating Poverty and Malnutrition: Successful Models | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Alleviating Malnutrition in Alleviating Poverty and Malnutrition: Successful Models Harvard Business Review case study are -
Sustainable margins compare to other players in Global Business industry
– Alleviating Poverty and Malnutrition: Successful Models firm has clearly differentiated products in the market place. This has enabled Alleviating Malnutrition to fetch slight price premium compare to the competitors in the Global Business industry. The sustainable margins have also helped Alleviating Malnutrition to invest into research and development (R&D) and innovation.
Training and development
– Alleviating Malnutrition has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Alleviating Poverty and Malnutrition: Successful Models 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.
Strong track record of project management
– Alleviating Malnutrition is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
High switching costs
– The high switching costs that Alleviating Malnutrition 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.
Organizational Resilience of Alleviating Malnutrition
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Alleviating Malnutrition does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Superior customer experience
– The customer experience strategy of Alleviating Malnutrition in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Analytics focus
– Alleviating Malnutrition 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 Ray A. Goldberg, Kerry Herman, Laura Winig 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.
Digital Transformation in Global Business segment
- digital transformation varies from industry to industry. For Alleviating Malnutrition digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Alleviating Malnutrition 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.
Operational resilience
– The operational resilience strategy in the Alleviating Poverty and Malnutrition: Successful Models 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.
Low bargaining power of suppliers
– Suppliers of Alleviating Malnutrition in the sector have low bargaining power. Alleviating Poverty and Malnutrition: Successful Models has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Alleviating Malnutrition to manage not only supply disruptions but also source products at highly competitive prices.
Highly skilled collaborators
– Alleviating Malnutrition 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 Alleviating Poverty and Malnutrition: Successful Models HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Ability to recruit top talent
– Alleviating Malnutrition is one of the leading recruiters in the industry. Managers in the Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Poverty and Malnutrition: Successful Models | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Alleviating Poverty and Malnutrition: Successful Models are -
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Alleviating Malnutrition is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Alleviating Poverty and Malnutrition: Successful Models 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, Ray A. Goldberg, Kerry Herman, Laura Winig suggests that, Alleviating Malnutrition 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.
High operating costs
– Compare to the competitors, firm in the HBR case study Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Malnutrition 's lucrative customers.
Slow decision making process
– As mentioned earlier in the report, Alleviating Malnutrition 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. Alleviating Malnutrition 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, Alleviating Malnutrition 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.
Slow to strategic competitive environment developments
– As Alleviating Poverty and Malnutrition: Successful Models HBR case study mentions - Alleviating Malnutrition 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 star products
– The top 2 products and services of the firm as mentioned in the Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Malnutrition has relatively successful track record of launching new products.
Need for greater diversity
– Alleviating Malnutrition 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.
Aligning sales with marketing
– It come across in the case study Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Poverty and Malnutrition: Successful Models can leverage the sales team experience to cultivate customer relationships as Alleviating Malnutrition is planning to shift buying processes online.
Skills based hiring
– The stress on hiring functional specialists at Alleviating Malnutrition 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.
Increasing silos among functional specialists
– The organizational structure of Alleviating Malnutrition is dominated by functional specialists. It is not different from other players in the Global Business segment. Alleviating Malnutrition needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Alleviating Malnutrition to focus more on services rather than just following the product oriented approach.
Opportunities Alleviating Poverty and Malnutrition: Successful Models | 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 Alleviating Poverty and Malnutrition: Successful Models are -
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Alleviating Malnutrition 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, Alleviating Poverty and Malnutrition: Successful Models, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Alleviating Malnutrition can use these opportunities to build new business models that can help the communities that Alleviating Malnutrition operates in. Secondly it can use opportunities from government spending in Global Business sector.
Using analytics as competitive advantage
– Alleviating Malnutrition 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 Alleviating Poverty and Malnutrition: Successful Models - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Alleviating Malnutrition to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Leveraging digital technologies
– Alleviating Malnutrition 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.
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 Alleviating Malnutrition in the consumer business. Now Alleviating Malnutrition can target international markets with far fewer capital restrictions requirements than the existing system.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Alleviating Malnutrition can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Building a culture of innovation
– managers at Alleviating Malnutrition 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.
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 Alleviating Malnutrition 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.
Developing new processes and practices
– Alleviating Malnutrition 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.
Manufacturing automation
– Alleviating Malnutrition 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.
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. Alleviating Malnutrition 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. Alleviating Malnutrition 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.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Global Business industry, but it has also influenced the consumer preferences. Alleviating Malnutrition can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Learning at scale
– Online learning technologies has now opened space for Alleviating Malnutrition 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.
Threats Alleviating Poverty and Malnutrition: Successful Models External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Alleviating Poverty and Malnutrition: Successful Models are -
Increasing wage structure of Alleviating Malnutrition
– 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 Alleviating Malnutrition.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Alleviating Malnutrition with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Environmental challenges
– Alleviating Malnutrition 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. Alleviating Malnutrition can take advantage of this fund but it will also bring new competitors in the Global Business industry.
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 Alleviating Malnutrition business can come under increasing regulations regarding data privacy, data security, etc.
Shortening product life cycle
– it is one of the major threat that Alleviating Malnutrition is facing in Global Business sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Technology acceleration in Forth Industrial Revolution
– Alleviating Malnutrition has witnessed rapid integration of technology during Covid-19 in the Global Business industry. As one of the leading players in the industry, Alleviating Malnutrition 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.
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.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Alleviating Malnutrition 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 Alleviating Poverty and Malnutrition: Successful Models .
High dependence on third party suppliers
– Alleviating Malnutrition 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.
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. Alleviating Malnutrition needs to understand the core reasons impacting the Global Business industry. This will help it in building a better workplace.
Consumer confidence and its impact on Alleviating Malnutrition 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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Alleviating Malnutrition 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.
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.
Weighted SWOT Analysis of Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Poverty and Malnutrition: Successful Models 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 Alleviating Malnutrition needs to make to build a sustainable competitive advantage.