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 – there is backlash against globalization, challanges to central banks by blockchain based private currencies, digital marketing is dominated by two big players Facebook and Google, cloud computing is disrupting traditional business models, talent flight as more people leaving formal jobs, customer relationship management is fast transforming because of increasing concerns over data privacy, increasing inequality as vast percentage of new income is going to the top 1%,
supply chains are disrupted by pandemic , competitive advantages are harder to sustain because of technology dispersion, 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 -
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.
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.
Innovation driven organization
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is one of the most innovative firm in sector.
Strong track record of project management in the industry
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Organizational Resilience of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048
– The covid-19 pandemic has put organizational resilience at the centre of everthing Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
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.
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.
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.
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.
Cross disciplinary teams
– Horizontal connected teams at the Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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.
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 -
Ability to respond to the competition
– As the decision making is very deliberative at Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
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.
Aligning sales with marketing
– From the outside it seems that Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can leverage the sales team experience to cultivate customer relationships as Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is planning to shift buying processes online.
High dependence on Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 ‘s star products
– The top 2 products and services of Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 still accounts for major business revenue. This dependence on star products in industry has resulted into insufficient focus on developing new products, even though Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 has relatively successful track record of launching new products.
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.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is slow explore the new channels of communication. These new channels of communication can help Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Interest costs
– Compare to the competition, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 has borrowed money from the capital market at higher rates. It needs to restructure the interest payment and costs so that it can compete better and improve profitability.
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.
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.
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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 supply chain. Even after few cautionary changes, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 vulnerable to further global disruptions in South East Asia.
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.
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 -
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.
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.
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.
Building a culture of innovation
– managers at Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can use these opportunities to build new business models that can help the communities that Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 operates in. Secondly it can use opportunities from government spending in sector.
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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the industry, and it will provide faster access to the consumers.
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.
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.
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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Low interest rates
– Even though inflation is raising its head in most developed economies, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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 -
Stagnating economy with rate increase
– Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
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. Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of sector.
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.
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.
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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 business can come under increasing regulations regarding data privacy, data security, etc.
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.
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 Brunswick Corp 6 500 Senior Notes Due 15 Oct 2048 in the sector and impact the bottomline of the organization.
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.
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.
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.
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.
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.