Hana Ubs Ambatovy Nickel Overseas 2 (99350) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Hana Ubs Ambatovy Nickel Overseas 2 (South Korea)
Based on various researches at Oak Spring University , Hana Ubs Ambatovy Nickel Overseas 2 is operating in a macro-environment that has been destablized by – there is increasing trade war between United States & China, technology disruption, cloud computing is disrupting traditional business models, increasing commodity prices, increasing transportation and logistics costs, central banks are concerned over increasing inflation, banking and financial system is disrupted by Bitcoin and other crypto currencies,
increasing household debt because of falling income levels, increasing government debt because of Covid-19 spendings, etc
Introduction to SWOT Analysis of Hana Ubs Ambatovy Nickel Overseas 2
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Hana Ubs Ambatovy Nickel Overseas 2 can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Hana Ubs Ambatovy Nickel Overseas 2, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 can be done for the following purposes –
1. Strategic planning of Hana Ubs Ambatovy Nickel Overseas 2
2. Improving business portfolio management of Hana Ubs Ambatovy Nickel Overseas 2
3. Assessing feasibility of the new initiative in South Korea
4. Making a sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Hana Ubs Ambatovy Nickel Overseas 2
Strengths of Hana Ubs Ambatovy Nickel Overseas 2 | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Hana Ubs Ambatovy Nickel Overseas 2 are -
Effective Research and Development (R&D)
– Hana Ubs Ambatovy Nickel Overseas 2 has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in – Hana Ubs Ambatovy Nickel Overseas 2 staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Innovation driven organization
– Hana Ubs Ambatovy Nickel Overseas 2 is one of the most innovative firm in sector.
Training and development
– Hana Ubs Ambatovy Nickel Overseas 2 has one of the best training and development program in industry. The effectiveness of the training programs can be measured in – employees retention, in-house promotion, loyalty, new venture initiation, lack of conflict, and high level of both employees and customer engagement.
Operational resilience
– The operational resilience strategy of Hana Ubs Ambatovy Nickel Overseas 2 comprises – understanding the underlying the factors in the industry, building diversified operations across different geographies so that disruption in one part of the world doesn’t impact the overall performance of the firm, and integrating the various business operations and processes through its digital transformation drive.
Ability to recruit top talent
– Hana Ubs Ambatovy Nickel Overseas 2 is one of the leading players in the industry in South Korea. It is in a position to attract the best talent available in South Korea. The firm has a robust talent identification program that helps in identifying the brightest.
Learning organization
- Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Hana Ubs Ambatovy Nickel Overseas 2 emphasize – knowledge, initiative, and innovation.
Superior customer experience
– The customer experience strategy of Hana Ubs Ambatovy Nickel Overseas 2 in industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Diverse revenue streams
– Hana Ubs Ambatovy Nickel Overseas 2 is present in almost all the verticals within the industry. This has provided Hana Ubs Ambatovy Nickel Overseas 2 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.
Analytics focus
– Hana Ubs Ambatovy Nickel Overseas 2 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 of South Korea is also helping it to harness the power of analytics for – marketing optimization, demand forecasting, customer relationship management, inventory management, information sharing across the value chain etc.
Digital Transformation in industry
- digital transformation varies from industry to industry. For Hana Ubs Ambatovy Nickel Overseas 2 digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Hana Ubs Ambatovy Nickel Overseas 2 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.
Low bargaining power of suppliers
– Suppliers of Hana Ubs Ambatovy Nickel Overseas 2 in the sector have low bargaining power. Hana Ubs Ambatovy Nickel Overseas 2 has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Hana Ubs Ambatovy Nickel Overseas 2 to manage not only supply disruptions but also source products at highly competitive prices.
Cross disciplinary teams
– Horizontal connected teams at the Hana Ubs Ambatovy Nickel Overseas 2 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.
Weaknesses of Hana Ubs Ambatovy Nickel Overseas 2 | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Hana Ubs Ambatovy Nickel Overseas 2 are -
Aligning sales with marketing
– From the outside it seems that Hana Ubs Ambatovy Nickel Overseas 2 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 at Hana Ubs Ambatovy Nickel Overseas 2 can leverage the sales team experience to cultivate customer relationships as Hana Ubs Ambatovy Nickel Overseas 2 is planning to shift buying processes online.
Need for greater diversity
– Hana Ubs Ambatovy Nickel Overseas 2 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.
High cash cycle compare to competitors
Hana Ubs Ambatovy Nickel Overseas 2 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.
Slow decision making process
– As mentioned earlier in the report, Hana Ubs Ambatovy Nickel Overseas 2 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. Hana Ubs Ambatovy Nickel Overseas 2 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.
Low market penetration in new markets
– Outside its home market of South Korea, Hana Ubs Ambatovy Nickel Overseas 2 needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Products dominated business model
– Even though Hana Ubs Ambatovy Nickel Overseas 2 has some of the most successful models in the industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. Hana Ubs Ambatovy Nickel Overseas 2 should strive to include more intangible value offerings along with its core products and services.
Capital Spending Reduction
– Even during the low interest decade, Hana Ubs Ambatovy Nickel Overseas 2 has not been able to do capital spending to the tune of the competition. This has resulted into fewer innovations and company facing stiff competition from both existing competitors and new entrants who are disrupting the industry using digital technology.
Skills based hiring in industry
– The stress on hiring functional specialists at Hana Ubs Ambatovy Nickel Overseas 2 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.
High operating costs
– Compare to the competitors, Hana Ubs Ambatovy Nickel Overseas 2 has high operating costs in the industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Hana Ubs Ambatovy Nickel Overseas 2 lucrative customers.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Hana Ubs Ambatovy Nickel Overseas 2 is slow explore the new channels of communication. These new channels of communication can help Hana Ubs Ambatovy Nickel Overseas 2 to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Increasing silos among functional specialists
– The organizational structure of Hana Ubs Ambatovy Nickel Overseas 2 is dominated by functional specialists. It is not different from other players in the industry, but Hana Ubs Ambatovy Nickel Overseas 2 needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Hana Ubs Ambatovy Nickel Overseas 2 to focus more on services in the industry rather than just following the product oriented approach.
Hana Ubs Ambatovy Nickel Overseas 2 Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Hana Ubs Ambatovy Nickel Overseas 2 are -
Learning at scale
– Online learning technologies has now opened space for Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 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 industry.
Low interest rates
– Even though inflation is raising its head in most developed economies, Hana Ubs Ambatovy Nickel Overseas 2 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.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in industry, but it has also influenced the consumer preferences. Hana Ubs Ambatovy Nickel Overseas 2 can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Better consumer reach
– The expansion of the 5G network will help Hana Ubs Ambatovy Nickel Overseas 2 to increase its market reach. Hana Ubs Ambatovy Nickel Overseas 2 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.
Changes in consumer behavior post Covid-19
– consumer behavior has changed in the industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Hana Ubs Ambatovy Nickel Overseas 2 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. Hana Ubs Ambatovy Nickel Overseas 2 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.
Leveraging digital technologies
– Hana Ubs Ambatovy Nickel Overseas 2 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 to hire the very best people irrespective of their geographical location.
Using analytics as competitive advantage
– Hana Ubs Ambatovy Nickel Overseas 2 has spent a significant amount of money and effort to integrate analytics and machine learning into its operations in sector. This continuous investment in analytics has enabled Hana Ubs Ambatovy Nickel Overseas 2 to build a competitive advantage using analytics. The analytics driven competitive advantage can help Hana Ubs Ambatovy Nickel Overseas 2 to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Buying journey improvements
– Hana Ubs Ambatovy Nickel Overseas 2 can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. It 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
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. Hana Ubs Ambatovy Nickel Overseas 2 can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Hana Ubs Ambatovy Nickel Overseas 2 can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Threats Hana Ubs Ambatovy Nickel Overseas 2 External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Hana Ubs Ambatovy Nickel Overseas 2 are -
New competition
– After the dotcom bust of 2001, financial crisis of 2008-09, the business formation in US economy had declined. But in 2020 alone, there are more than 1.5 million new business applications in United States. This can lead to greater competition for Hana Ubs Ambatovy Nickel Overseas 2 in the sector and impact the bottomline of the organization.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Hana Ubs Ambatovy Nickel Overseas 2 may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of sector.
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.
Easy access to finance
– Easy access to finance in industry will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Hana Ubs Ambatovy Nickel Overseas 2 can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Hana Ubs Ambatovy Nickel Overseas 2 in industry. The 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.
Increasing wage structure of Hana Ubs Ambatovy Nickel Overseas 2
– 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 Hana Ubs Ambatovy Nickel Overseas 2.
Regulatory challenges
– Hana Ubs Ambatovy Nickel Overseas 2 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 industry regulations.
Shortening product life cycle
– it is one of the major threat that Hana Ubs Ambatovy Nickel Overseas 2 is facing in sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Stagnating economy with rate increase
– Hana Ubs Ambatovy Nickel Overseas 2 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 industry.
Consumer confidence and its impact on Hana Ubs Ambatovy Nickel Overseas 2 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 industry and other sectors.
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.
Environmental challenges
– Hana Ubs Ambatovy Nickel Overseas 2 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. Hana Ubs Ambatovy Nickel Overseas 2 can take advantage of this fund but it will also bring new competitors in the industry.
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. Hana Ubs Ambatovy Nickel Overseas 2 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.
Weighted SWOT Analysis of Hana Ubs Ambatovy Nickel Overseas 2 Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 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 Hana Ubs Ambatovy Nickel Overseas 2 needs to make to build a sustainable competitive advantage.