A Six-Part Module on Lift: Becoming a Positive Force in Any Situation SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Leadership & Managing People
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of A Six-Part Module on Lift: Becoming a Positive Force in Any Situation
This document is a summary of a course module that instructors can use to teach the concepts in "Lift: Becoming a Positive Force in Any Situation." It describes the six classes that are part of this course module, their accompanying assignments, and how they fit together. This module is designed for use in classes on leadership, power and politics, or change management.
Swot Analysis of "A Six-Part Module on Lift: Becoming a Positive Force in Any Situation" written by Ryan W. Quinn includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Module Lift facing as an external strategic factors. Some of the topics covered in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation case study are - Strategic Management Strategies, Government, Influence, Leadership, Organizational culture and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the A Six-Part Module on Lift: Becoming a Positive Force in Any Situation casestudy better are - – there is backlash against globalization, increasing energy prices, digital marketing is dominated by two big players Facebook and Google, wage bills are increasing, customer relationship management is fast transforming because of increasing concerns over data privacy, talent flight as more people leaving formal jobs, increasing transportation and logistics costs,
supply chains are disrupted by pandemic , technology disruption, etc
Introduction to SWOT Analysis of A Six-Part Module on Lift: Becoming a Positive Force in Any Situation
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Module Lift, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Module Lift 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation can be done for the following purposes –
1. Strategic planning using facts provided in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation case study
2. Improving business portfolio management of Module Lift
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 Module Lift
Strengths A Six-Part Module on Lift: Becoming a Positive Force in Any Situation | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Module Lift in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation Harvard Business Review case study are -
Training and development
– Module Lift has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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.
Innovation driven organization
– Module Lift is one of the most innovative firm in sector. Manager in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
High switching costs
– The high switching costs that Module Lift 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.
Strong track record of project management
– Module Lift 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 recruit top talent
– Module Lift is one of the leading recruiters in the industry. Managers in the A Six-Part Module on Lift: Becoming a Positive Force in Any Situation are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Successful track record of launching new products
– Module Lift has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Module Lift 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.
Cross disciplinary teams
– Horizontal connected teams at the Module Lift 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.
Organizational Resilience of Module Lift
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Module Lift does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Effective Research and Development (R&D)
– Module Lift 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Diverse revenue streams
– Module Lift is present in almost all the verticals within the industry. This has provided firm in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation case study a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
Ability to lead change in Leadership & Managing People field
– Module Lift 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 Module Lift in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Digital Transformation in Leadership & Managing People segment
- digital transformation varies from industry to industry. For Module Lift digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Module Lift 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.
Weaknesses A Six-Part Module on Lift: Becoming a Positive Force in Any Situation | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of A Six-Part Module on Lift: Becoming a Positive Force in Any Situation are -
High dependence on star products
– The top 2 products and services of the firm as mentioned in the A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 Module Lift has relatively successful track record of launching new products.
High operating costs
– Compare to the competitors, firm in the HBR case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 Module Lift 's lucrative customers.
Increasing silos among functional specialists
– The organizational structure of Module Lift is dominated by functional specialists. It is not different from other players in the Leadership & Managing People segment. Module Lift needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Module Lift to focus more on services rather than just following the product oriented approach.
Products dominated business model
– Even though Module Lift 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 - A Six-Part Module on Lift: Becoming a Positive Force in Any Situation should strive to include more intangible value offerings along with its core products and services.
Workers concerns about automation
– As automation is fast increasing in the segment, Module Lift 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.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation, is just above the industry average. Module Lift 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.
Employees’ incomplete understanding of strategy
– From the instances in the HBR case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation, it seems that the employees of Module Lift 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.
Skills based hiring
– The stress on hiring functional specialists at Module Lift 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.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Module Lift is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Need for greater diversity
– Module Lift 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.
Slow to strategic competitive environment developments
– As A Six-Part Module on Lift: Becoming a Positive Force in Any Situation HBR case study mentions - Module Lift 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.
Opportunities A Six-Part Module on Lift: Becoming a Positive Force in Any Situation | 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation are -
Redefining models of collaboration and team work
– As explained in the weaknesses section, Module Lift is facing challenges because of the dominance of functional experts in the organization. A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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.
Loyalty marketing
– Module Lift has focused on building a highly responsive customer relationship management platform. This platform is built on in-house data and driven by analytics and artificial intelligence. The customer analytics can help the organization to fine tune its loyalty marketing efforts, increase the wallet share of the organization, reduce wastage on mainstream advertising spending, build better pricing strategies using personalization, etc.
Low interest rates
– Even though inflation is raising its head in most developed economies, Module Lift 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.
Manufacturing automation
– Module Lift can use the latest technology developments to improve its manufacturing and designing process in Leadership & Managing People 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.
Learning at scale
– Online learning technologies has now opened space for Module Lift 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.
Building a culture of innovation
– managers at Module Lift 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 Leadership & Managing People segment.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Module Lift 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 Module Lift to hire the very best people irrespective of their geographical location.
Leveraging digital technologies
– Module Lift 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Module Lift 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, A Six-Part Module on Lift: Becoming a Positive Force in Any Situation, 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. Module Lift 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. Module Lift 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 Leadership & Managing People industry, but it has also influenced the consumer preferences. Module Lift can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Module Lift can use these opportunities to build new business models that can help the communities that Module Lift operates in. Secondly it can use opportunities from government spending in Leadership & Managing People sector.
Buying journey improvements
– Module Lift can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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.
Threats A Six-Part Module on Lift: Becoming a Positive Force in Any Situation External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation are -
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Module Lift 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.
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.
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 Module Lift business can come under increasing regulations regarding data privacy, data security, etc.
High dependence on third party suppliers
– Module Lift 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.
Technology acceleration in Forth Industrial Revolution
– Module Lift has witnessed rapid integration of technology during Covid-19 in the Leadership & Managing People industry. As one of the leading players in the industry, Module Lift needs to keep up with the evolution of technology in the Leadership & Managing People 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.
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. Module Lift can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Module Lift 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation .
Increasing wage structure of Module Lift
– 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 Module Lift.
Regulatory challenges
– Module Lift 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.
Stagnating economy with rate increase
– Module Lift can face lack of demand in the market place because of Fed actions to reduce inflation. This can lead to sluggish growth in the economy, lower demands, lower investments, higher borrowing costs, and consolidation in the field.
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. Module Lift 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.
Consumer confidence and its impact on Module Lift 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.
Shortening product life cycle
– it is one of the major threat that Module Lift is facing in Leadership & Managing People sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Weighted SWOT Analysis of A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 Module Lift needs to make to build a sustainable competitive advantage.