Radiation Treatment Machine Capacity Planning at Cancer Care Ontario SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Leadership & Managing People
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Radiation Treatment Machine Capacity Planning at Cancer Care Ontario
A planning analyst at Cancer Care Ontario has been tasked to recommend a strategy for allocating new linear accelerator capacity to the province's cancer treatment centres over a five-year period. Because the introduction of additional capacity requires the investment of capital resources and long implementation timelines, accurate and timely predictions are critical to the treatment of cancer patients. The planning analyst needs to devise an allocation strategy that will ensure quality radiation treatment across the province.
Swot Analysis of "Radiation Treatment Machine Capacity Planning at Cancer Care Ontario" written by Jonathan Wang, Gregory S. Zaric includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Cancer Treatment facing as an external strategic factors. Some of the topics covered in Radiation Treatment Machine Capacity Planning at Cancer Care Ontario case study are - Strategic Management Strategies, and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Radiation Treatment Machine Capacity Planning at Cancer Care Ontario casestudy better are - – wage bills are increasing, increasing inequality as vast percentage of new income is going to the top 1%, increasing household debt because of falling income levels, talent flight as more people leaving formal jobs, central banks are concerned over increasing inflation, increasing transportation and logistics costs, there is backlash against globalization,
digital marketing is dominated by two big players Facebook and Google, banking and financial system is disrupted by Bitcoin and other crypto currencies, etc
Introduction to SWOT Analysis of Radiation Treatment Machine Capacity Planning at Cancer Care Ontario
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Radiation Treatment Machine Capacity Planning at Cancer Care Ontario case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Cancer Treatment, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Cancer Treatment 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario can be done for the following purposes –
1. Strategic planning using facts provided in Radiation Treatment Machine Capacity Planning at Cancer Care Ontario case study
2. Improving business portfolio management of Cancer Treatment
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 Cancer Treatment
Strengths Radiation Treatment Machine Capacity Planning at Cancer Care Ontario | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Cancer Treatment in Radiation Treatment Machine Capacity Planning at Cancer Care Ontario Harvard Business Review case study are -
Digital Transformation in Leadership & Managing People segment
- digital transformation varies from industry to industry. For Cancer Treatment digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Cancer Treatment 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.
Superior customer experience
– The customer experience strategy of Cancer Treatment in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Successful track record of launching new products
– Cancer Treatment has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Cancer Treatment has effective processes in place that helps in exploring new product needs, doing quick pilot testing, and then launching the products quickly using its extensive distribution network.
Sustainable margins compare to other players in Leadership & Managing People industry
– Radiation Treatment Machine Capacity Planning at Cancer Care Ontario firm has clearly differentiated products in the market place. This has enabled Cancer Treatment to fetch slight price premium compare to the competitors in the Leadership & Managing People industry. The sustainable margins have also helped Cancer Treatment to invest into research and development (R&D) and innovation.
Operational resilience
– The operational resilience strategy in the Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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.
Ability to recruit top talent
– Cancer Treatment is one of the leading recruiters in the industry. Managers in the Radiation Treatment Machine Capacity Planning at Cancer Care Ontario are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Low bargaining power of suppliers
– Suppliers of Cancer Treatment in the sector have low bargaining power. Radiation Treatment Machine Capacity Planning at Cancer Care Ontario has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Cancer Treatment to manage not only supply disruptions but also source products at highly competitive prices.
Effective Research and Development (R&D)
– Cancer Treatment 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Organizational Resilience of Cancer Treatment
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Cancer Treatment does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Strong track record of project management
– Cancer Treatment 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 brand equity
– Cancer Treatment has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Cancer Treatment to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
High switching costs
– The high switching costs that Cancer Treatment 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.
Weaknesses Radiation Treatment Machine Capacity Planning at Cancer Care Ontario | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Radiation Treatment Machine Capacity Planning at Cancer Care Ontario are -
Aligning sales with marketing
– It come across in the case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario can leverage the sales team experience to cultivate customer relationships as Cancer Treatment is planning to shift buying processes online.
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 Cancer Treatment supply chain. Even after few cautionary changes mentioned in the HBR case study - Radiation Treatment Machine Capacity Planning at Cancer Care Ontario, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Cancer Treatment vulnerable to further global disruptions in South East Asia.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Cancer Treatment is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 operating costs
– Compare to the competitors, firm in the HBR case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Cancer Treatment 's lucrative customers.
Interest costs
– Compare to the competition, Cancer Treatment 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.
Increasing silos among functional specialists
– The organizational structure of Cancer Treatment is dominated by functional specialists. It is not different from other players in the Leadership & Managing People segment. Cancer Treatment needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Cancer Treatment to focus more on services rather than just following the product oriented approach.
Lack of clear differentiation of Cancer Treatment products
– To increase the profitability and margins on the products, Cancer Treatment needs to provide more differentiated products than what it is currently offering in the marketplace.
Products dominated business model
– Even though Cancer Treatment 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 - Radiation Treatment Machine Capacity Planning at Cancer Care Ontario should strive to include more intangible value offerings along with its core products and services.
Need for greater diversity
– Cancer Treatment 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.
No frontier risks strategy
– After analyzing the HBR case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario, 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.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario, it seems that the employees of Cancer Treatment 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario | 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario are -
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. Cancer Treatment can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Learning at scale
– Online learning technologies has now opened space for Cancer Treatment 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Cancer Treatment 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.
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 Cancer Treatment 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Cancer Treatment is facing challenges because of the dominance of functional experts in the organization. Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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.
Better consumer reach
– The expansion of the 5G network will help Cancer Treatment to increase its market reach. Cancer Treatment 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.
Using analytics as competitive advantage
– Cancer Treatment 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Cancer Treatment to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Leadership & Managing People industry, but it has also influenced the consumer preferences. Cancer Treatment can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Cancer Treatment can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Cancer Treatment 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, Radiation Treatment Machine Capacity Planning at Cancer Care Ontario, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
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. Cancer Treatment 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. Cancer Treatment 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, Cancer Treatment can use these opportunities to build new business models that can help the communities that Cancer Treatment operates in. Secondly it can use opportunities from government spending in Leadership & Managing People sector.
Low interest rates
– Even though inflation is raising its head in most developed economies, Cancer Treatment 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.
Threats Radiation Treatment Machine Capacity Planning at Cancer Care Ontario External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario are -
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 Cancer Treatment in the Leadership & Managing People sector and impact the bottomline of the organization.
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.
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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Radiation Treatment Machine Capacity Planning at Cancer Care Ontario, Cancer Treatment 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 .
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 Cancer Treatment 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 Cancer Treatment with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Shortening product life cycle
– it is one of the major threat that Cancer Treatment is facing in Leadership & Managing People sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Stagnating economy with rate increase
– Cancer Treatment 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.
Environmental challenges
– Cancer Treatment 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. Cancer Treatment can take advantage of this fund but it will also bring new competitors in the Leadership & Managing People industry.
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. Cancer Treatment needs to understand the core reasons impacting the Leadership & Managing People industry. This will help it in building a better workplace.
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. Cancer Treatment 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
– Cancer Treatment 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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Cancer Treatment in the Leadership & Managing People industry. The Leadership & Managing People 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.
Weighted SWOT Analysis of Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Radiation Treatment Machine Capacity Planning at Cancer Care Ontario 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 Cancer Treatment needs to make to build a sustainable competitive advantage.