Swot Analysis of "Job Offer Negotiation Exercise C: People Power Candidate Instructions" written by E Weinberg, Jean Phillips includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that W12228 W12227 facing as an external strategic factors. Some of the topics covered in Job Offer Negotiation Exercise C: People Power Candidate Instructions case study are - Strategic Management Strategies, Organizational culture and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Job Offer Negotiation Exercise C: People Power Candidate Instructions casestudy better are - – banking and financial system is disrupted by Bitcoin and other crypto currencies, central banks are concerned over increasing inflation, increasing inequality as vast percentage of new income is going to the top 1%, challanges to central banks by blockchain based private currencies, increasing transportation and logistics costs, competitive advantages are harder to sustain because of technology dispersion, cloud computing is disrupting traditional business models,
digital marketing is dominated by two big players Facebook and Google, increasing household debt because of falling income levels, etc
Introduction to SWOT Analysis of Job Offer Negotiation Exercise C: People Power Candidate Instructions
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Job Offer Negotiation Exercise C: People Power Candidate Instructions case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the W12228 W12227, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which W12228 W12227 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions can be done for the following purposes –
1. Strategic planning using facts provided in Job Offer Negotiation Exercise C: People Power Candidate Instructions case study
2. Improving business portfolio management of W12228 W12227
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 W12228 W12227
Strengths Job Offer Negotiation Exercise C: People Power Candidate Instructions | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of W12228 W12227 in Job Offer Negotiation Exercise C: People Power Candidate Instructions Harvard Business Review case study are -
Sustainable margins compare to other players in Leadership & Managing People industry
– Job Offer Negotiation Exercise C: People Power Candidate Instructions firm has clearly differentiated products in the market place. This has enabled W12228 W12227 to fetch slight price premium compare to the competitors in the Leadership & Managing People industry. The sustainable margins have also helped W12228 W12227 to invest into research and development (R&D) and innovation.
Diverse revenue streams
– W12228 W12227 is present in almost all the verticals within the industry. This has provided firm in Job Offer Negotiation Exercise C: People Power Candidate Instructions 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.
Low bargaining power of suppliers
– Suppliers of W12228 W12227 in the sector have low bargaining power. Job Offer Negotiation Exercise C: People Power Candidate Instructions has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps W12228 W12227 to manage not only supply disruptions but also source products at highly competitive prices.
Superior customer experience
– The customer experience strategy of W12228 W12227 in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Cross disciplinary teams
– Horizontal connected teams at the W12228 W12227 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.
Successful track record of launching new products
– W12228 W12227 has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. W12228 W12227 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.
Analytics focus
– W12228 W12227 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 E Weinberg, Jean Phillips 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 W12228 W12227
– The covid-19 pandemic has put organizational resilience at the centre of everthing that W12228 W12227 does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Operational resilience
– The operational resilience strategy in the Job Offer Negotiation Exercise C: People Power Candidate Instructions 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.
Innovation driven organization
– W12228 W12227 is one of the most innovative firm in sector. Manager in Job Offer Negotiation Exercise C: People Power Candidate Instructions Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Learning organization
- W12228 W12227 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 W12228 W12227 is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders in Job Offer Negotiation Exercise C: People Power Candidate Instructions Harvard Business Review case study emphasize – knowledge, initiative, and innovation.
High brand equity
– W12228 W12227 has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled W12228 W12227 to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Weaknesses Job Offer Negotiation Exercise C: People Power Candidate Instructions | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Job Offer Negotiation Exercise C: People Power Candidate Instructions are -
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, W12228 W12227 is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Job Offer Negotiation Exercise C: People Power Candidate Instructions can help to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Compensation and incentives
– The revenue per employee as mentioned in the HBR case study Job Offer Negotiation Exercise C: People Power Candidate Instructions, is just above the industry average. W12228 W12227 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.
Workers concerns about automation
– As automation is fast increasing in the segment, W12228 W12227 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.
Lack of clear differentiation of W12228 W12227 products
– To increase the profitability and margins on the products, W12228 W12227 needs to provide more differentiated products than what it is currently offering in the marketplace.
No frontier risks strategy
– After analyzing the HBR case study Job Offer Negotiation Exercise C: People Power Candidate Instructions, 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.
Aligning sales with marketing
– It come across in the case study Job Offer Negotiation Exercise C: People Power Candidate Instructions 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions can leverage the sales team experience to cultivate customer relationships as W12228 W12227 is planning to shift buying processes online.
Increasing silos among functional specialists
– The organizational structure of W12228 W12227 is dominated by functional specialists. It is not different from other players in the Leadership & Managing People segment. W12228 W12227 needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help W12228 W12227 to focus more on services rather than just following the product oriented approach.
Products dominated business model
– Even though W12228 W12227 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 - Job Offer Negotiation Exercise C: People Power Candidate Instructions should strive to include more intangible value offerings along with its core products and services.
Interest costs
– Compare to the competition, W12228 W12227 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.
High cash cycle compare to competitors
W12228 W12227 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.
Low market penetration in new markets
– Outside its home market of W12228 W12227, firm in the HBR case study Job Offer Negotiation Exercise C: People Power Candidate Instructions needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Opportunities Job Offer Negotiation Exercise C: People Power Candidate Instructions | 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions are -
Use of Bitcoin and other crypto currencies for transactions
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for W12228 W12227 in the consumer business. Now W12228 W12227 can target international markets with far fewer capital restrictions requirements than the existing system.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, W12228 W12227 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, Job Offer Negotiation Exercise C: People Power Candidate Instructions, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Developing new processes and practices
– W12228 W12227 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.
Buying journey improvements
– W12228 W12227 can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Job Offer Negotiation Exercise C: People Power Candidate Instructions 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, W12228 W12227 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 W12228 W12227 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 W12228 W12227 to hire the very best people irrespective of their geographical location.
Building a culture of innovation
– managers at W12228 W12227 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.
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. W12228 W12227 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. W12228 W12227 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.
Creating value in data economy
– The success of analytics program of W12228 W12227 has opened avenues for new revenue streams for the organization in the industry. This can help W12228 W12227 to build a more holistic ecosystem as suggested in the Job Offer Negotiation Exercise C: People Power Candidate Instructions case study. W12228 W12227 can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Manufacturing automation
– W12228 W12227 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.
Loyalty marketing
– W12228 W12227 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.
Learning at scale
– Online learning technologies has now opened space for W12228 W12227 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.
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 W12228 W12227 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.
Threats Job Offer Negotiation Exercise C: People Power Candidate Instructions External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Job Offer Negotiation Exercise C: People Power Candidate Instructions are -
Technology acceleration in Forth Industrial Revolution
– W12228 W12227 has witnessed rapid integration of technology during Covid-19 in the Leadership & Managing People industry. As one of the leading players in the industry, W12228 W12227 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.
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 W12228 W12227.
Environmental challenges
– W12228 W12227 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. W12228 W12227 can take advantage of this fund but it will also bring new competitors in the Leadership & Managing People industry.
Stagnating economy with rate increase
– W12228 W12227 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.
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 W12228 W12227 business can come under increasing regulations regarding data privacy, data security, etc.
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. W12228 W12227 needs to understand the core reasons impacting the Leadership & Managing People industry. This will help it in building a better workplace.
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 international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, W12228 W12227 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions .
Consumer confidence and its impact on W12228 W12227 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.
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. W12228 W12227 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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for W12228 W12227 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.
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 W12228 W12227 in the Leadership & Managing People sector and impact the bottomline of the organization.
Weighted SWOT Analysis of Job Offer Negotiation Exercise C: People Power Candidate Instructions 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions 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 Job Offer Negotiation Exercise C: People Power Candidate Instructions 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 W12228 W12227 needs to make to build a sustainable competitive advantage.
