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 – geopolitical disruptions, customer relationship management is fast transforming because of increasing concerns over data privacy, technology disruption, increasing energy prices, supply chains are disrupted by pandemic , digital marketing is dominated by two big players Facebook and Google, central banks are concerned over increasing inflation,
challanges to central banks by blockchain based private currencies, increasing inequality as vast percentage of new income is going to the top 1%, 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 -
Highly skilled collaborators
– Hana Ubs Ambatovy Nickel Overseas 1 has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive industry. Secondly the value chain collaborators of Hana Ubs Ambatovy Nickel Overseas 1 have helped the firm to develop new products and bring them quickly to the marketplace.
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.
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.
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.
Innovation driven organization
– Hana Ubs Ambatovy Nickel Overseas 1 is one of the most innovative firm in sector.
High switching costs
– The high switching costs that Hana Ubs Ambatovy Nickel Overseas 1 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.
Superior customer experience
– The customer experience strategy of Hana Ubs Ambatovy Nickel Overseas 1 in industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
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.
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.
Cross disciplinary teams
– Horizontal connected teams at the Hana Ubs Ambatovy Nickel Overseas 1 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.
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.
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.
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 -
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.
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.
Slow to strategic competitive environment developments
– As Hana Ubs Ambatovy Nickel Overseas 1 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.
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.
High operating costs
– Compare to the competitors, Hana Ubs Ambatovy Nickel Overseas 1 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 1 lucrative customers.
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.
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.
High dependence on Hana Ubs Ambatovy Nickel Overseas 1 ‘s star products
– The top 2 products and services of Hana Ubs Ambatovy Nickel Overseas 1 still accounts for major business revenue. This dependence on star products in industry has resulted into insufficient focus on developing new products, even though Hana Ubs Ambatovy Nickel Overseas 1 has relatively successful track record of launching new products.
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.
Lack of clear differentiation of Hana Ubs Ambatovy Nickel Overseas 1 products
– To increase the profitability and margins on the products, Hana Ubs Ambatovy Nickel Overseas 1 needs to provide more differentiated products than what it is currently offering in the marketplace.
Slow decision making process
– As mentioned earlier in the report, Hana Ubs Ambatovy Nickel Overseas 1 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 1 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.
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 -
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.
Better consumer reach
– The expansion of the 5G network will help Hana Ubs Ambatovy Nickel Overseas 1 to increase its market reach. Hana Ubs Ambatovy Nickel Overseas 1 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.
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.
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.
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 1 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 1 to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
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.
Developing new processes and practices
– Hana Ubs Ambatovy Nickel Overseas 1 can develop new processes and procedures in 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.
Using analytics as competitive advantage
– Hana Ubs Ambatovy Nickel Overseas 1 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 1 to build a competitive advantage using analytics. The analytics driven competitive advantage can help Hana Ubs Ambatovy Nickel Overseas 1 to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
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.
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.
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 1 can explore opportunities that can attract volunteers and are consistent with its mission and vision.
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.
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 -
Environmental challenges
– Hana Ubs Ambatovy Nickel Overseas 1 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 1 can take advantage of this fund but it will also bring new competitors in the industry.
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.
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.
Regulatory challenges
– Hana Ubs Ambatovy Nickel Overseas 1 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.
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.
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.
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.
Stagnating economy with rate increase
– Hana Ubs Ambatovy Nickel Overseas 1 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.
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.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Hana Ubs Ambatovy Nickel Overseas 1 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 Hana Ubs Ambatovy Nickel Overseas 1 prominent markets.
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 1 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 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.