Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Leadership & Managing People
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics
This series of six cases (labeled A through F) presents the various dilemmas that arose in the spring of 2001 when engineers at the Seattle-based Boeing Company, unhappy with management decisions, contemplated and undertook a strike, the first "white-collar" work stoppage in the history of American business.
Authors :: Pat Werhane, Michael Gorman, Jenny Mead, Mary L Cummings
Swot Analysis of "Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics" written by Pat Werhane, Michael Gorman, Jenny Mead, Mary L Cummings includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Nspe Nerds facing as an external strategic factors. Some of the topics covered in Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics case study are - Strategic Management Strategies, Ethics, Labor and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics casestudy better are - – increasing transportation and logistics costs, geopolitical disruptions, customer relationship management is fast transforming because of increasing concerns over data privacy, increasing commodity prices, supply chains are disrupted by pandemic , banking and financial system is disrupted by Bitcoin and other crypto currencies, challanges to central banks by blockchain based private currencies,
there is backlash against globalization, increasing energy prices, etc
Introduction to SWOT Analysis of Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Nspe Nerds, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Nspe Nerds 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics can be done for the following purposes –
1. Strategic planning using facts provided in Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics case study
2. Improving business portfolio management of Nspe Nerds
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 Nspe Nerds
Strengths Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Nspe Nerds in Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics Harvard Business Review case study are -
Ability to recruit top talent
– Nspe Nerds is one of the leading recruiters in the industry. Managers in the Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics are in a position to attract the best talent available. The firm has a robust talent identification program that helps in identifying the brightest.
Effective Research and Development (R&D)
– Nspe Nerds 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics - staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Ability to lead change in Leadership & Managing People field
– Nspe Nerds 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 Nspe Nerds in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Organizational Resilience of Nspe Nerds
– The covid-19 pandemic has put organizational resilience at the centre of everthing that Nspe Nerds does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Diverse revenue streams
– Nspe Nerds is present in almost all the verticals within the industry. This has provided firm in Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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.
High switching costs
– The high switching costs that Nspe Nerds 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.
Innovation driven organization
– Nspe Nerds is one of the most innovative firm in sector. Manager in Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics Harvard Business Review case study can use Clayton Christensen Disruptive Innovation strategies to further increase the scale of innovtions in the organization.
Digital Transformation in Leadership & Managing People segment
- digital transformation varies from industry to industry. For Nspe Nerds digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Nspe Nerds 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.
Cross disciplinary teams
– Horizontal connected teams at the Nspe Nerds 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.
Strong track record of project management
– Nspe Nerds is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Analytics focus
– Nspe Nerds 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 Pat Werhane, Michael Gorman, Jenny Mead, Mary L Cummings 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.
Superior customer experience
– The customer experience strategy of Nspe Nerds in the segment is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Weaknesses Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics are -
Aligning sales with marketing
– It come across in the case study Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics can leverage the sales team experience to cultivate customer relationships as Nspe Nerds is planning to shift buying processes online.
Workers concerns about automation
– As automation is fast increasing in the segment, Nspe Nerds 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.
High cash cycle compare to competitors
Nspe Nerds 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.
High operating costs
– Compare to the competitors, firm in the HBR case study Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Nspe Nerds 's lucrative customers.
Products dominated business model
– Even though Nspe Nerds 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 - Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics should strive to include more intangible value offerings along with its core products and services.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Nspe Nerds is slow explore the new channels of communication. These new channels of communication mentioned in marketing section of case study Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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
– Nspe Nerds 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.
Skills based hiring
– The stress on hiring functional specialists at Nspe Nerds 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 strategic competitive environment developments
– As Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics HBR case study mentions - Nspe Nerds 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.
Lack of clear differentiation of Nspe Nerds products
– To increase the profitability and margins on the products, Nspe Nerds needs to provide more differentiated products than what it is currently offering in the marketplace.
High bargaining power of channel partners
– Because of the regulatory requirements, Pat Werhane, Michael Gorman, Jenny Mead, Mary L Cummings suggests that, Nspe Nerds 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.
Opportunities Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics | 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics are -
Leveraging digital technologies
– Nspe Nerds 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 Nspe Nerds can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Learning at scale
– Online learning technologies has now opened space for Nspe Nerds 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.
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. Nspe Nerds 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. Nspe Nerds 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Nspe Nerds 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.
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 Nspe Nerds in the consumer business. Now Nspe Nerds 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, Nspe Nerds 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, Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Manufacturing automation
– Nspe Nerds 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.
Developing new processes and practices
– Nspe Nerds 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.
Better consumer reach
– The expansion of the 5G network will help Nspe Nerds to increase its market reach. Nspe Nerds 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.
Buying journey improvements
– Nspe Nerds can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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.
Using analytics as competitive advantage
– Nspe Nerds 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics - to build a competitive advantage using analytics. The analytics driven competitive advantage can help Nspe Nerds to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Creating value in data economy
– The success of analytics program of Nspe Nerds has opened avenues for new revenue streams for the organization in the industry. This can help Nspe Nerds to build a more holistic ecosystem as suggested in the Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics case study. Nspe Nerds can build new products and services such as - data insight services, data privacy related products, data based consulting services, etc.
Threats Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics are -
Stagnating economy with rate increase
– Nspe Nerds 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.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Nspe Nerds 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics .
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 Nspe Nerds business can come under increasing regulations regarding data privacy, data security, etc.
Capital market disruption
– During the Covid-19, Dow Jones has touched record high. The valuations of a number of companies are way beyond their existing business model potential. This can lead to capital market correction which can put a number of suppliers, collaborators, value chain partners in great financial difficulty. It will directly impact the business of Nspe Nerds.
High dependence on third party suppliers
– Nspe Nerds 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.
Consumer confidence and its impact on Nspe Nerds 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. Nspe Nerds 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.
Environmental challenges
– Nspe Nerds 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. Nspe Nerds can take advantage of this fund but it will also bring new competitors in the Leadership & Managing People industry.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Nspe Nerds 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.
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.
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 acceleration in Forth Industrial Revolution
– Nspe Nerds has witnessed rapid integration of technology during Covid-19 in the Leadership & Managing People industry. As one of the leading players in the industry, Nspe Nerds 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.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry in the industry are lowering. It can presents Nspe Nerds with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Weighted SWOT Analysis of Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Boeing's: No Nerds, No Birds (F): The NSPE Code of Ethics 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 Nspe Nerds needs to make to build a sustainable competitive advantage.