Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Leadership & Managing People
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education
Based on the proceedings of a leadership seminar held at the University of California, Berkeley on November 17, 2003. Discusses some of the central issues in the field of leadership, some internal tensions in the field, and the relationship between leadership theory and practice. The seminar brought together four distinguished scholars and business leaders to discuss leadership. They addressed the following issues: What is laudable and what is despicable leadership? What is the role of leadership in business school research and curriculum? What is the relation between leaders and managers? How does governance temper leadership? The panelists were: John Reed, known for his long-term leadership role as CEO of CitiCorp (and most recently as interim chairman and CEO of NYSE); Eric Wanner, president of the Russell Sage Foundation; professor James March, Stanford University; and professor David Teece, University of California, Berkeley.
Swot Analysis of "Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education" written by Mie Augier, David J. Teece includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Leadership Seminar facing as an external strategic factors. Some of the topics covered in Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education case study are - Strategic Management Strategies, Managing people and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education casestudy better are - – there is backlash against globalization, technology disruption, wage bills are increasing, increasing transportation and logistics costs, increasing inequality as vast percentage of new income is going to the top 1%, banking and financial system is disrupted by Bitcoin and other crypto currencies, digital marketing is dominated by two big players Facebook and Google,
cloud computing is disrupting traditional business models, central banks are concerned over increasing inflation, etc
Introduction to SWOT Analysis of Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Leadership Seminar, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Leadership Seminar 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education can be done for the following purposes –
1. Strategic planning using facts provided in Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education case study
2. Improving business portfolio management of Leadership Seminar
3. Assessing feasibility of the new initiative in Leadership & Managing People field.
4. Making a Leadership & Managing People topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Leadership Seminar
Strengths Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Leadership Seminar in Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education Harvard Business Review case study are -
High brand equity
– Leadership Seminar has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Leadership Seminar to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Low bargaining power of suppliers
– Suppliers of Leadership Seminar in the sector have low bargaining power. Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Leadership Seminar to manage not only supply disruptions but also source products at highly competitive prices.
Strong track record of project management
– Leadership Seminar is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Ability to lead change in Leadership & Managing People field
– Leadership Seminar 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 Leadership Seminar in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Highly skilled collaborators
– Leadership Seminar 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Ability to recruit top talent
– Leadership Seminar is one of the leading recruiters in the industry. Managers in the Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Innovation driven organization
– Leadership Seminar is one of the most innovative firm in sector. Manager in Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Learning organization
- Leadership Seminar 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 Leadership Seminar is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
Analytics focus
– Leadership Seminar 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 Mie Augier, David J. Teece 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.
High switching costs
– The high switching costs that Leadership Seminar 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 Leadership Seminar
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Leadership Seminar does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Effective Research and Development (R&D)
– Leadership Seminar 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Weaknesses Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education are -
Products dominated business model
– Even though Leadership Seminar 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 - Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education should strive to include more intangible value offerings along with its core products and services.
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 Leadership Seminar supply chain. Even after few cautionary changes mentioned in the HBR case study - Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Leadership Seminar vulnerable to further global disruptions in South East Asia.
High operating costs
– Compare to the competitors, firm in the HBR case study Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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 Leadership Seminar 's lucrative customers.
Lack of clear differentiation of Leadership Seminar products
– To increase the profitability and margins on the products, Leadership Seminar needs to provide more differentiated products than what it is currently offering in the marketplace.
Low market penetration in new markets
– Outside its home market of Leadership Seminar, firm in the HBR case study Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
High cash cycle compare to competitors
Leadership Seminar has a high cash cycle compare to other players in the industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.
Need for greater diversity
– Leadership Seminar 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.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education, is just above the industry average. Leadership Seminar 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.
Increasing silos among functional specialists
– The organizational structure of Leadership Seminar is dominated by functional specialists. It is not different from other players in the Leadership & Managing People segment. Leadership Seminar needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Leadership Seminar to focus more on services rather than just following the product oriented approach.
Capital Spending Reduction
– Even during the low interest decade, Leadership Seminar 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.
No frontier risks strategy
– After analyzing the HBR case study Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education, it seems that company is thinking about the frontier risks that can impact Leadership & Managing People 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.
Opportunities Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education | 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education are -
Low interest rates
– Even though inflation is raising its head in most developed economies, Leadership Seminar 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Leadership Seminar 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 Leadership Seminar to hire the very best people irrespective of their geographical location.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Leadership Seminar 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, Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Leadership Seminar can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
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 Leadership Seminar 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 Leadership Seminar in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Leadership & Managing People segment, and it will provide faster access to the consumers.
Better consumer reach
– The expansion of the 5G network will help Leadership Seminar to increase its market reach. Leadership Seminar 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.
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. Leadership Seminar can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Buying journey improvements
– Leadership Seminar can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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
– Leadership Seminar can develop new processes and procedures in Leadership & Managing People 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.
Creating value in data economy
– The success of analytics program of Leadership Seminar has opened avenues for new revenue streams for the organization in the industry. This can help Leadership Seminar to build a more holistic ecosystem as suggested in the Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education case study. Leadership Seminar can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Changes in consumer behavior post Covid-19
– Consumer behavior has changed in the Leadership & Managing People industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Leadership Seminar 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. Leadership Seminar 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Leadership Seminar can use these opportunities to build new business models that can help the communities that Leadership Seminar operates in. Secondly it can use opportunities from government spending in Leadership & Managing People sector.
Threats Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education are -
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.
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. Leadership Seminar 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.
Stagnating economy with rate increase
– Leadership Seminar 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.
Easy access to finance
– Easy access to finance in Leadership & Managing People field will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Leadership Seminar can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
High dependence on third party suppliers
– Leadership Seminar 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education, Leadership Seminar may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Leadership & Managing People .
Regulatory challenges
– Leadership Seminar needs to prepare for regulatory challenges as consumer protection groups and other pressure groups are vigorously advocating for more regulations on big business - to reduce inequality, to create a level playing field, to product data privacy and consumer privacy, to reduce the influence of big money on democratic institutions, etc. This can lead to significant changes in the Leadership & Managing People industry regulations.
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 Leadership Seminar in the Leadership & Managing People sector and impact the bottomline of the organization.
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 Leadership Seminar business can come under increasing regulations regarding data privacy, data security, 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 Leadership Seminar.
Shortening product life cycle
– it is one of the major threat that Leadership Seminar is facing in Leadership & Managing People sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Increasing wage structure of Leadership Seminar
– 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 Leadership Seminar.
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.
Weighted SWOT Analysis of Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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 Reflections on (Schumpeterian) Leadership: A Report on a Seminar on Leadership and Management Education 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 Leadership Seminar needs to make to build a sustainable competitive advantage.
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