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 - – increasing inequality as vast percentage of new income is going to the top 1%, technology disruption, supply chains are disrupted by pandemic , increasing transportation and logistics costs, increasing commodity prices, competitive advantages are harder to sustain because of technology dispersion, geopolitical disruptions,
increasing energy prices, increasing government debt because of Covid-19 spendings, 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 -
Learning organization
- Module Lift 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 Module Lift is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in A Six-Part Module on Lift: Becoming a Positive Force in Any Situation Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
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 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.
Sustainable margins compare to other players in Leadership & Managing People industry
– A Six-Part Module on Lift: Becoming a Positive Force in Any Situation firm has clearly differentiated products in the market place. This has enabled Module Lift to fetch slight price premium compare to the competitors in the Leadership & Managing People industry. The sustainable margins have also helped Module Lift to invest into research and development (R&D) and innovation.
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.
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.
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.
Highly skilled collaborators
– Module Lift 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Analytics focus
– Module Lift 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 Ryan W. Quinn 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.
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.
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.
High brand equity
– Module Lift has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Module Lift to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
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 -
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.
Aligning sales with marketing
– It come across in the case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation can leverage the sales team experience to cultivate customer relationships as Module Lift is planning to shift buying processes online.
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.
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.
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.
No frontier risks strategy
– After analyzing the HBR case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation, 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.
Slow decision making process
– As mentioned earlier in the report, Module Lift has a very deliberative decision making approach. This approach has resulted in prudent decisions, but it has also resulted in missing opportunities in the industry over the last five years. Module Lift even though has strong showing on digital transformation primary two stages, it has struggled to capitalize the power of digital transformation in marketing efforts and new venture efforts.
Lack of clear differentiation of Module Lift products
– To increase the profitability and margins on the products, Module Lift needs to provide more differentiated products than what it is currently offering in the marketplace.
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.
High bargaining power of channel partners
– Because of the regulatory requirements, Ryan W. Quinn suggests that, Module Lift 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.
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.
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 -
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.
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.
Better consumer reach
– The expansion of the 5G network will help Module Lift to increase its market reach. Module Lift 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.
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.
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.
Using analytics as competitive advantage
– Module Lift 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 A Six-Part Module on Lift: Becoming a Positive Force in Any Situation - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Module Lift to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
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.
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. Module Lift can explore opportunities that can attract volunteers and are consistent with its mission and vision.
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.
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.
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.
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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Module Lift can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
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 -
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.
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 Module Lift.
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.
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.
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.
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.
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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study A Six-Part Module on Lift: Becoming a Positive Force in Any Situation, Module Lift 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 Module Lift business can come under increasing regulations regarding data privacy, data security, etc.
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 .
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.
Environmental challenges
– Module Lift 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. Module Lift 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. Module Lift needs to understand the core reasons impacting the Leadership & Managing People industry. This will help it in building a better workplace.
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.