Hana Ubs Ambatovy Nickel Overseas 1 (99340) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Hana Ubs Ambatovy Nickel Overseas 1 (South Korea)
Based on various researches at Oak Spring University , Hana Ubs Ambatovy Nickel Overseas 1 is operating in a macro-environment that has been destablized by – wage bills are increasing, increasing inequality as vast percentage of new income is going to the top 1%, there is backlash against globalization, increasing transportation and logistics costs, technology disruption, increasing household debt because of falling income levels, customer relationship management is fast transforming because of increasing concerns over data privacy,
there is increasing trade war between United States & China, geopolitical disruptions, etc
Introduction to SWOT Analysis of Hana Ubs Ambatovy Nickel Overseas 1
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Hana Ubs Ambatovy Nickel Overseas 1 can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Hana Ubs Ambatovy Nickel Overseas 1, 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 1 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 1 can be done for the following purposes –
1. Strategic planning of Hana Ubs Ambatovy Nickel Overseas 1
2. Improving business portfolio management of Hana Ubs Ambatovy Nickel Overseas 1
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 1
Strengths of Hana Ubs Ambatovy Nickel Overseas 1 | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Hana Ubs Ambatovy Nickel Overseas 1 are -
Sustainable margins compare to other players in industry
– Hana Ubs Ambatovy Nickel Overseas 1 has clearly differentiated products in the market place. This has enabled Hana Ubs Ambatovy Nickel Overseas 1 to fetch slight price premium compare to the competitors in the industry. The sustainable margins have also helped Hana Ubs Ambatovy Nickel Overseas 1 to invest into research and development (R&D) and innovation.
Low bargaining power of suppliers
– Suppliers of Hana Ubs Ambatovy Nickel Overseas 1 in the sector have low bargaining power. Hana Ubs Ambatovy Nickel Overseas 1 has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Hana Ubs Ambatovy Nickel Overseas 1 to manage not only supply disruptions but also source products at highly competitive prices.
Training and development
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Diverse revenue streams
– Hana Ubs Ambatovy Nickel Overseas 1 is present in almost all the verticals within the industry. This has provided Hana Ubs Ambatovy Nickel Overseas 1 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.
Operational resilience
– The operational resilience strategy of Hana Ubs Ambatovy Nickel Overseas 1 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.
Successful track record of launching new products
– Hana Ubs Ambatovy Nickel Overseas 1 has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Hana Ubs Ambatovy Nickel Overseas 1 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.
Effective Research and Development (R&D)
– Hana Ubs Ambatovy Nickel Overseas 1 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 1 staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Organizational Resilience of Hana Ubs Ambatovy Nickel Overseas 1
– The covid-19 pandemic has put organizational resilience at the centre of everthing Hana Ubs Ambatovy Nickel Overseas 1 does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Analytics focus
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Innovation driven organization
– Hana Ubs Ambatovy Nickel Overseas 1 is one of the most innovative firm in sector.
Ability to recruit top talent
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Strong track record of project management in the industry
– Hana Ubs Ambatovy Nickel Overseas 1 is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Weaknesses of Hana Ubs Ambatovy Nickel Overseas 1 | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Hana Ubs Ambatovy Nickel Overseas 1 are -
No frontier risks strategy
– From the 10K / annual statement of Hana Ubs Ambatovy Nickel Overseas 1, it seems that company is thinking out the frontier risks that can impact industry. 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.
Increasing silos among functional specialists
– The organizational structure of Hana Ubs Ambatovy Nickel Overseas 1 is dominated by functional specialists. It is not different from other players in the industry, but Hana Ubs Ambatovy Nickel Overseas 1 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 1 to focus more on services in the industry rather than just following the product oriented approach.
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 1 is slow explore the new channels of communication. These new channels of communication can help Hana Ubs Ambatovy Nickel Overseas 1 to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Ability to respond to the competition
– As the decision making is very deliberative at Hana Ubs Ambatovy Nickel Overseas 1, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Hana Ubs Ambatovy Nickel Overseas 1 has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Need for greater diversity
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Aligning sales with marketing
– From the outside it seems that Hana Ubs Ambatovy Nickel Overseas 1 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 1 can leverage the sales team experience to cultivate customer relationships as Hana Ubs Ambatovy Nickel Overseas 1 is planning to shift buying processes online.
Compensation and incentives
– The revenue per employee of Hana Ubs Ambatovy Nickel Overseas 1 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.
Low market penetration in new markets
– Outside its home market of South Korea, Hana Ubs Ambatovy Nickel Overseas 1 needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
High bargaining power of channel partners in industry
– because of the regulatory requirements in South Korea, Hana Ubs Ambatovy Nickel Overseas 1 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.
Skills based hiring in industry
– The stress on hiring functional specialists at Hana Ubs Ambatovy Nickel Overseas 1 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.
Capital Spending Reduction
– Even during the low interest decade, Hana Ubs Ambatovy Nickel Overseas 1 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.
Hana Ubs Ambatovy Nickel Overseas 1 Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Hana Ubs Ambatovy Nickel Overseas 1 are -
Learning at scale
– Online learning technologies has now opened space for Hana Ubs Ambatovy Nickel Overseas 1 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.
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 1 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 1 to hire the very best people irrespective of their geographical location.
Leveraging digital technologies
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Hana Ubs Ambatovy Nickel Overseas 1 can use these opportunities to build new business models that can help the communities that Hana Ubs Ambatovy Nickel Overseas 1 operates in. Secondly it can use opportunities from government spending in sector.
Manufacturing automation
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Hana Ubs Ambatovy Nickel Overseas 1 is facing challenges because of the dominance of functional experts in the organization. Hana Ubs Ambatovy Nickel Overseas 1 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.
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 1 in the industry. Now Hana Ubs Ambatovy Nickel Overseas 1 can target international markets with far fewer capital restrictions requirements than the existing system.
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 1 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 1 can further use this consumer data to build better customer loyalty, provide better products and service collection, and improve the value proposition in inflationary times.
Buying journey improvements
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Low interest rates
– Even though inflation is raising its head in most developed economies, Hana Ubs Ambatovy Nickel Overseas 1 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 1 can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Creating value in data economy
– The success of analytics program of Hana Ubs Ambatovy Nickel Overseas 1 has opened avenues for new revenue streams for the organization in industry. This can help Hana Ubs Ambatovy Nickel Overseas 1 to build a more holistic ecosystem for Hana Ubs Ambatovy Nickel Overseas 1 products in the industry by providing – data insight services, data privacy related products, data based consulting services, etc.
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 1 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 Hana Ubs Ambatovy Nickel Overseas 1 External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Hana Ubs Ambatovy Nickel Overseas 1 are -
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 1.
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 1 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.
High dependence on third party suppliers
– Hana Ubs Ambatovy Nickel Overseas 1 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.
Increasing wage structure of Hana Ubs Ambatovy Nickel Overseas 1
– 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 1.
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 1 in the sector and impact the bottomline of the organization.
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 1 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.
Shortening product life cycle
– it is one of the major threat that Hana Ubs Ambatovy Nickel Overseas 1 is facing in sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, 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.
Technology acceleration in Forth Industrial Revolution
– Hana Ubs Ambatovy Nickel Overseas 1 has witnessed rapid integration of technology during Covid-19 in the industry. As one of the leading players in the industry, Hana Ubs Ambatovy Nickel Overseas 1 needs to keep up with the evolution of technology in the 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.
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 1 needs to understand the core reasons impacting the industry. This will help it in building a better workplace.
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 1 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.
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 1 business can come under increasing regulations regarding data privacy, data security, etc.
Weighted SWOT Analysis of Hana Ubs Ambatovy Nickel Overseas 1 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 1 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 1 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 1 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 1 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 1 needs to make to build a sustainable competitive advantage.
