Swot Analysis of "Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D)" written by Derek Abell includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Es1521 Es1511 facing as an external strategic factors. Some of the topics covered in Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) case study are - Strategic Management Strategies, Change management, Emerging markets, Entrepreneurship, Financial analysis, Leadership, Leadership development, Strategy, Succession planning and Innovation & Entrepreneurship.
Some of the macro environment factors that can be used to understand the Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) casestudy better are - – increasing inequality as vast percentage of new income is going to the top 1%, competitive advantages are harder to sustain because of technology dispersion, wage bills are increasing, customer relationship management is fast transforming because of increasing concerns over data privacy, supply chains are disrupted by pandemic , increasing transportation and logistics costs, increasing commodity prices,
cloud computing is disrupting traditional business models, talent flight as more people leaving formal jobs, etc
Introduction to SWOT Analysis of Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D)
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Es1521 Es1511, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Es1521 Es1511 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) can be done for the following purposes –
1. Strategic planning using facts provided in Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) case study
2. Improving business portfolio management of Es1521 Es1511
3. Assessing feasibility of the new initiative in Innovation & Entrepreneurship field.
4. Making a Innovation & Entrepreneurship topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Es1521 Es1511
Strengths Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Es1521 Es1511 in Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) Harvard Business Review case study are -
Digital Transformation in Innovation & Entrepreneurship segment
- digital transformation varies from industry to industry. For Es1521 Es1511 digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Es1521 Es1511 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 brand equity
– Es1521 Es1511 has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Es1521 Es1511 to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Strong track record of project management
– Es1521 Es1511 is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Training and development
– Es1521 Es1511 has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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.
Effective Research and Development (R&D)
– Es1521 Es1511 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Low bargaining power of suppliers
– Suppliers of Es1521 Es1511 in the sector have low bargaining power. Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Es1521 Es1511 to manage not only supply disruptions but also source products at highly competitive prices.
Highly skilled collaborators
– Es1521 Es1511 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Ability to lead change in Innovation & Entrepreneurship field
– Es1521 Es1511 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 Es1521 Es1511 in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Learning organization
- Es1521 Es1511 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 Es1521 Es1511 is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Cross disciplinary teams
– Horizontal connected teams at the Es1521 Es1511 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 Innovation & Entrepreneurship industry
– Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) firm has clearly differentiated products in the market place. This has enabled Es1521 Es1511 to fetch slight price premium compare to the competitors in the Innovation & Entrepreneurship industry. The sustainable margins have also helped Es1521 Es1511 to invest into research and development (R&D) and innovation.
Ability to recruit top talent
– Es1521 Es1511 is one of the leading recruiters in the industry. Managers in the Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) are -
Products dominated business model
– Even though Es1521 Es1511 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 - Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) should strive to include more intangible value offerings along with its core products and services.
High bargaining power of channel partners
– Because of the regulatory requirements, Derek Abell suggests that, Es1521 Es1511 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.
Skills based hiring
– The stress on hiring functional specialists at Es1521 Es1511 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.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D), it seems that the employees of Es1521 Es1511 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.
Increasing silos among functional specialists
– The organizational structure of Es1521 Es1511 is dominated by functional specialists. It is not different from other players in the Innovation & Entrepreneurship segment. Es1521 Es1511 needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Es1521 Es1511 to focus more on services rather than just following the product oriented approach.
Capital Spending Reduction
– Even during the low interest decade, Es1521 Es1511 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.
Need for greater diversity
– Es1521 Es1511 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.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D), in the dynamic environment Es1521 Es1511 has struggled to respond to the nimble upstart competition. Es1521 Es1511 has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
No frontier risks strategy
– After analyzing the HBR case study Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D), it seems that company is thinking about the frontier risks that can impact Innovation & Entrepreneurship 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.
Workers concerns about automation
– As automation is fast increasing in the segment, Es1521 Es1511 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.
Aligning sales with marketing
– It come across in the case study Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) can leverage the sales team experience to cultivate customer relationships as Es1521 Es1511 is planning to shift buying processes online.
Opportunities Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) | 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) are -
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Es1521 Es1511 can use these opportunities to build new business models that can help the communities that Es1521 Es1511 operates in. Secondly it can use opportunities from government spending in Innovation & Entrepreneurship sector.
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 Es1521 Es1511 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Es1521 Es1511 in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Innovation & Entrepreneurship segment, and it will provide faster access to the consumers.
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Innovation & Entrepreneurship industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Es1521 Es1511 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. Es1521 Es1511 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Es1521 Es1511 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.
Leveraging digital technologies
– Es1521 Es1511 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.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Innovation & Entrepreneurship industry, but it has also influenced the consumer preferences. Es1521 Es1511 can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Creating value in data economy
– The success of analytics program of Es1521 Es1511 has opened avenues for new revenue streams for the organization in the industry. This can help Es1521 Es1511 to build a more holistic ecosystem as suggested in the Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) case study. Es1521 Es1511 can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Es1521 Es1511 is facing challenges because of the dominance of functional experts in the organization. Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Es1521 Es1511 to expand its talent hiring zone. According to McKinsey Global Institute, 20% of the high end workforce in fields such as finance, information technology, can continously work from remote local post Covid-19. This presents a really great opportunity for Es1521 Es1511 to hire the very best people irrespective of their geographical location.
Manufacturing automation
– Es1521 Es1511 can use the latest technology developments to improve its manufacturing and designing process in Innovation & Entrepreneurship 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.
Better consumer reach
– The expansion of the 5G network will help Es1521 Es1511 to increase its market reach. Es1521 Es1511 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 Es1521 Es1511 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) are -
Easy access to finance
– Easy access to finance in Innovation & Entrepreneurship field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Es1521 Es1511 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 Es1521 Es1511
– 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 Es1521 Es1511.
Consumer confidence and its impact on Es1521 Es1511 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.
High dependence on third party suppliers
– Es1521 Es1511 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.
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. Es1521 Es1511 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.
Shortening product life cycle
– it is one of the major threat that Es1521 Es1511 is facing in Innovation & Entrepreneurship sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Stagnating economy with rate increase
– Es1521 Es1511 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D), Es1521 Es1511 may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Innovation & Entrepreneurship .
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Es1521 Es1511 in the Innovation & Entrepreneurship industry. The Innovation & Entrepreneurship 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 Es1521 Es1511.
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 Es1521 Es1511 business can come under increasing regulations regarding data privacy, data security, etc.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Es1521 Es1511 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, Es1521 Es1511 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) .
Weighted SWOT Analysis of Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Danica Purg: Entrepreneurial Leadership In Shaping Leadership Development (D) 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 Es1521 Es1511 needs to make to build a sustainable competitive advantage.
