Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 (BC_pa) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 (United States)
Based on various researches at Oak Spring University , Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is operating in a macro-environment that has been destablized by – central banks are concerned over increasing inflation, banking and financial system is disrupted by Bitcoin and other crypto currencies, there is backlash against globalization, geopolitical disruptions, increasing commodity prices, wage bills are increasing, increasing government debt because of Covid-19 spendings,
customer relationship management is fast transforming because of increasing concerns over data privacy, increasing household debt because of falling income levels, etc
Introduction to SWOT Analysis of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can be done for the following purposes –
1. Strategic planning of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048
2. Improving business portfolio management of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048
3. Assessing feasibility of the new initiative in United States
4. Making a sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048
Strengths of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 are -
Analytics focus
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 United States 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.
Effective Research and Development (R&D)
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in – Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Training and development
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Successful track record of launching new products
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Ability to recruit top talent
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is one of the leading players in the industry in United States. It is in a position to attract the best talent available in United States. The firm has a robust talent identification program that helps in identifying the brightest.
Diverse revenue streams
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is present in almost all the verticals within the industry. This has provided Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
High switching costs
– The high switching costs that Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Digital Transformation in industry
- digital transformation varies from industry to industry. For Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Highly skilled collaborators
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 have helped the firm to develop new products and bring them quickly to the marketplace.
Superior customer experience
– The customer experience strategy of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 in industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
High brand equity
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Ability to lead change in
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is one of the leading players in the industry in United States. Over the years it has not only transformed the business landscape in the industry in United States but also across the existing markets. The ability to lead change has enabled Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Weaknesses of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 are -
Capital Spending Reduction
– Even during the low interest decade, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
High operating costs
– Compare to the competitors, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 lucrative customers.
Compensation and incentives
– The revenue per employee of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Skills based hiring in industry
– The stress on hiring functional specialists at Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Need for greater diversity
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Workers concerns about automation
– As automation is fast increasing in the industry, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 needs to come up with a strategy to reduce the workers concern regarding automation. Without a clear strategy, it could lead to disruption and uncertainty within the organization.
No frontier risks strategy
– From the 10K / annual statement of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048, 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.
Lack of clear differentiation of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 products
– To increase the profitability and margins on the products, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 needs to provide more differentiated products than what it is currently offering in the marketplace.
Employees’ less understanding of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 strategy
– From the outside it seems that the employees of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 don’t have comprehensive understanding of the firm’s strategy. This is reflected in number of promotional campaigns over the last few years that had mixed messaging and competing priorities. Some of the strategic activities and services promoted in the promotional campaigns were not consistent with the organization’s strategy.
Increasing silos among functional specialists
– The organizational structure of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is dominated by functional specialists. It is not different from other players in the industry, but Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to focus more on services in the industry rather than just following the product oriented approach.
Products dominated business model
– Even though Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 should strive to include more intangible value offerings along with its core products and services.
Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 are -
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to hire the very best people irrespective of their geographical location.
Learning at scale
– Online learning technologies has now opened space for Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to build a competitive advantage using analytics. The analytics driven competitive advantage can help Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Buying journey improvements
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Manufacturing automation
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Loyalty marketing
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Developing new processes and practices
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is facing challenges because of the dominance of functional experts in the organization. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Leveraging digital technologies
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Threats Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 are -
Consumer confidence and its impact on Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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.
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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048.
Environmental challenges
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Shortening product life cycle
– it is one of the major threat that Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is facing in sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Increasing wage structure of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048
– 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048.
Regulatory challenges
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 needs to understand the core reasons impacting the industry. This will help it in building a better workplace.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 prominent markets.
Weighted SWOT Analysis of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 needs to make to build a sustainable competitive advantage.
