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 – challanges to central banks by blockchain based private currencies, supply chains are disrupted by pandemic , cloud computing is disrupting traditional business models, increasing household debt because of falling income levels, increasing commodity prices, geopolitical disruptions, increasing transportation and logistics costs,
increasing inequality as vast percentage of new income is going to the top 1%, technology disruption, 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 -
Organizational Resilience of Hana Ubs Ambatovy Nickel Overseas 2
– The covid-19 pandemic has put organizational resilience at the centre of everthing Hana Ubs Ambatovy Nickel Overseas 2 does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
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.
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.
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.
High brand equity
– Hana Ubs Ambatovy Nickel Overseas 2 has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Hana Ubs Ambatovy Nickel Overseas 2 to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Strong track record of project management in the industry
– Hana Ubs Ambatovy Nickel Overseas 2 is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Ability to lead change in
– Hana Ubs Ambatovy Nickel Overseas 2 is one of the leading players in the industry in South Korea. Over the years it has not only transformed the business landscape in the industry in South Korea but also across the existing markets. The ability to lead change has enabled Hana Ubs Ambatovy Nickel Overseas 2 in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
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.
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.
High switching costs
– The high switching costs that Hana Ubs Ambatovy Nickel Overseas 2 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.
Successful track record of launching new products
– Hana Ubs Ambatovy Nickel Overseas 2 has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Hana Ubs Ambatovy Nickel Overseas 2 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.
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 -
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.
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.
High dependence on existing supply chain
– The disruption in the global supply chains because of the Covid-19 pandemic and blockage of the Suez Canal illustrated the fragile nature of Hana Ubs Ambatovy Nickel Overseas 2 supply chain. Even after few cautionary changes, Hana Ubs Ambatovy Nickel Overseas 2 is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Hana Ubs Ambatovy Nickel Overseas 2 vulnerable to further global disruptions in South East Asia.
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.
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.
Compensation and incentives
– The revenue per employee of Hana Ubs Ambatovy Nickel Overseas 2 is just above the industry average. It 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.
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.
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.
Slow to strategic competitive environment developments
– As Hana Ubs Ambatovy Nickel Overseas 2 is one of the leading players in the industry, it 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.
Ability to respond to the competition
– As the decision making is very deliberative at Hana Ubs Ambatovy Nickel Overseas 2, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Hana Ubs Ambatovy Nickel Overseas 2 has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
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 -
Creating value in data economy
– The success of analytics program of Hana Ubs Ambatovy Nickel Overseas 2 has opened avenues for new revenue streams for the organization in industry. This can help Hana Ubs Ambatovy Nickel Overseas 2 to build a more holistic ecosystem for Hana Ubs Ambatovy Nickel Overseas 2 products in the industry by providing – data insight services, data privacy related products, data based consulting services, etc.
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.
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.
Manufacturing automation
– Hana Ubs Ambatovy Nickel Overseas 2 can use the latest technology developments to improve its manufacturing and designing process in sector. 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
– Hana Ubs Ambatovy Nickel Overseas 2 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.
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.
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.
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 Hana Ubs Ambatovy Nickel Overseas 2 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.
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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Hana Ubs Ambatovy Nickel Overseas 2 is facing challenges because of the dominance of functional experts in the organization. Hana Ubs Ambatovy Nickel Overseas 2 can utilize new technology in the field of industry to build more coordinated teams and streamline operations and communications using tools such as CAD, Zoom, etc.
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.
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.
Use of Bitcoin and other crypto currencies for transactions in industry
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Hana Ubs Ambatovy Nickel Overseas 2 in the industry. Now Hana Ubs Ambatovy Nickel Overseas 2 can target international markets with far fewer capital restrictions requirements than the existing system.
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 -
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.
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.
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 Hana Ubs Ambatovy Nickel Overseas 2 business can come under increasing regulations regarding data privacy, data security, etc.
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.
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.
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.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to industry are lowering. It can presents Hana Ubs Ambatovy Nickel Overseas 2 with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
High dependence on third party suppliers
– Hana Ubs Ambatovy Nickel Overseas 2 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.
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. Hana Ubs Ambatovy Nickel Overseas 2 needs to understand the core reasons impacting the industry. This will help it in building a better workplace.
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 Hana Ubs Ambatovy Nickel Overseas 2.
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.
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.
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.