FI Setoriais Fiset Pesca (FSPE11) SWOT Analysis / TOWS Matrix / MBA Resources
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Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for FI Setoriais Fiset Pesca (Brazil)
Based on various researches at Oak Spring University , FI Setoriais Fiset Pesca is operating in a macro-environment that has been destablized by – increasing government debt because of Covid-19 spendings, increasing energy prices, talent flight as more people leaving formal jobs, technology disruption, challanges to central banks by blockchain based private currencies, there is backlash against globalization, increasing transportation and logistics costs,
customer relationship management is fast transforming because of increasing concerns over data privacy, there is increasing trade war between United States & China, etc
Introduction to SWOT Analysis of FI Setoriais Fiset Pesca
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that FI Setoriais Fiset Pesca can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the FI Setoriais Fiset Pesca, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca can be done for the following purposes –
1. Strategic planning of FI Setoriais Fiset Pesca
2. Improving business portfolio management of FI Setoriais Fiset Pesca
3. Assessing feasibility of the new initiative in Brazil
4. Making a NA sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of FI Setoriais Fiset Pesca
Strengths of FI Setoriais Fiset Pesca | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of FI Setoriais Fiset Pesca are -
Ability to recruit top talent
– FI Setoriais Fiset Pesca is one of the leading players in the NA industry in Brazil. It is in a position to attract the best talent available in Brazil. The firm has a robust talent identification program that helps in identifying the brightest.
Strong track record of project management in the NA industry
– FI Setoriais Fiset Pesca is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Cross disciplinary teams
– Horizontal connected teams at the FI Setoriais Fiset Pesca 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.
Digital Transformation in NA industry
- digital transformation varies from industry to industry. For FI Setoriais Fiset Pesca digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. FI Setoriais Fiset Pesca 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.
Innovation driven organization
– FI Setoriais Fiset Pesca is one of the most innovative firm in NA sector.
Highly skilled collaborators
– FI Setoriais Fiset Pesca has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive NA industry. Secondly the value chain collaborators of FI Setoriais Fiset Pesca have helped the firm to develop new products and bring them quickly to the marketplace.
High brand equity
– FI Setoriais Fiset Pesca has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled FI Setoriais Fiset Pesca to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Learning organization
- FI Setoriais Fiset Pesca is a learning organization. It has inculcated three key characters of learning organization in its processes and operations – exploration, creativity, and expansiveness. The work place at FI Setoriais Fiset Pesca is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at FI Setoriais Fiset Pesca emphasize – knowledge, initiative, and innovation.
Diverse revenue streams
– FI Setoriais Fiset Pesca is present in almost all the verticals within the NA industry. This has provided FI Setoriais Fiset Pesca 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.
Organizational Resilience of FI Setoriais Fiset Pesca
– The covid-19 pandemic has put organizational resilience at the centre of everthing FI Setoriais Fiset Pesca does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Operational resilience
– The operational resilience strategy of FI Setoriais Fiset Pesca comprises – understanding the underlying the factors in the NA 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.
Sustainable margins compare to other players in NA industry
– FI Setoriais Fiset Pesca has clearly differentiated products in the market place. This has enabled FI Setoriais Fiset Pesca to fetch slight price premium compare to the competitors in the NA industry. The sustainable margins have also helped FI Setoriais Fiset Pesca to invest into research and development (R&D) and innovation.
Weaknesses of FI Setoriais Fiset Pesca | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of FI Setoriais Fiset Pesca are -
High operating costs
– Compare to the competitors, FI Setoriais Fiset Pesca has high operating costs in the NA industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract FI Setoriais Fiset Pesca lucrative customers.
Ability to respond to the competition
– As the decision making is very deliberative at FI Setoriais Fiset Pesca, in the dynamic environment of NA industry it has struggled to respond to the nimble upstart competition. FI Setoriais Fiset Pesca has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, FI Setoriais Fiset Pesca is slow explore the new channels of communication. These new channels of communication can help FI Setoriais Fiset Pesca to provide better information regarding NA products and services. It can also build an online community to further reach out to potential customers.
Employees’ less understanding of FI Setoriais Fiset Pesca strategy
– From the outside it seems that the employees of FI Setoriais Fiset Pesca 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.
Aligning sales with marketing
– From the outside it seems that FI Setoriais Fiset Pesca needs to have more collaboration between its sales team and marketing team. Sales professionals in the NA industry have deep experience in developing customer relationships. Marketing department at FI Setoriais Fiset Pesca can leverage the sales team experience to cultivate customer relationships as FI Setoriais Fiset Pesca is planning to shift buying processes online.
Interest costs
– Compare to the competition, FI Setoriais Fiset Pesca 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.
Lack of clear differentiation of FI Setoriais Fiset Pesca products
– To increase the profitability and margins on the products, FI Setoriais Fiset Pesca needs to provide more differentiated products than what it is currently offering in the marketplace.
Low market penetration in new markets
– Outside its home market of Brazil, FI Setoriais Fiset Pesca needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Workers concerns about automation
– As automation is fast increasing in the NA industry, FI Setoriais Fiset Pesca 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.
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 FI Setoriais Fiset Pesca supply chain. Even after few cautionary changes, FI Setoriais Fiset Pesca is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left FI Setoriais Fiset Pesca vulnerable to further global disruptions in South East Asia.
No frontier risks strategy
– From the 10K / annual statement of FI Setoriais Fiset Pesca, it seems that company is thinking out the frontier risks that can impact NA 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.
FI Setoriais Fiset Pesca Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of FI Setoriais Fiset Pesca are -
Leveraging digital technologies
– FI Setoriais Fiset Pesca 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.
Use of Bitcoin and other crypto currencies for transactions in NA industry
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for FI Setoriais Fiset Pesca in the NA industry. Now FI Setoriais Fiset Pesca can target international markets with far fewer capital restrictions requirements than the existing system.
Manufacturing automation
– FI Setoriais Fiset Pesca can use the latest technology developments to improve its manufacturing and designing process in NA 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.
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 FI Setoriais Fiset Pesca 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.
Buying journey improvements
– FI Setoriais Fiset Pesca can improve the customer journey of consumers in the NA 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.
Building a culture of innovation
– managers at FI Setoriais Fiset Pesca 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 NA industry.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Better consumer reach
– The expansion of the 5G network will help FI Setoriais Fiset Pesca to increase its market reach. FI Setoriais Fiset Pesca 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.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in NA industry, but it has also influenced the consumer preferences. FI Setoriais Fiset Pesca can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Lowering marketing communication costs
– 5G expansion will open new opportunities for FI Setoriais Fiset Pesca in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the NA industry, and it will provide faster access to the consumers.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca to hire the very best people irrespective of their geographical location.
Creating value in data economy
– The success of analytics program of FI Setoriais Fiset Pesca has opened avenues for new revenue streams for the organization in NA industry. This can help FI Setoriais Fiset Pesca to build a more holistic ecosystem for FI Setoriais Fiset Pesca products in the NA industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Redefining models of collaboration and team work
– As explained in the weaknesses section, FI Setoriais Fiset Pesca is facing challenges because of the dominance of functional experts in the organization. FI Setoriais Fiset Pesca can utilize new technology in the field of NA industry to build more coordinated teams and streamline operations and communications using tools such as CAD, Zoom, etc.
Threats FI Setoriais Fiset Pesca External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of FI Setoriais Fiset Pesca are -
Shortening product life cycle
– it is one of the major threat that FI Setoriais Fiset Pesca is facing in NA sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
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 FI Setoriais Fiset Pesca.
Regulatory challenges
– FI Setoriais Fiset Pesca 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 NA industry regulations.
Easy access to finance
– Easy access to finance in NA industry will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. FI Setoriais Fiset Pesca can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Stagnating economy with rate increase
– FI Setoriais Fiset Pesca 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 NA 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 FI Setoriais Fiset Pesca business can come under increasing regulations regarding data privacy, data security, etc.
Consumer confidence and its impact on FI Setoriais Fiset Pesca 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 NA industry and other sectors.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to NA industry are lowering. It can presents FI Setoriais Fiset Pesca with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the NA sector.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca prominent markets.
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. FI Setoriais Fiset Pesca needs to understand the core reasons impacting the NA industry. This will help it in building a better workplace.
Increasing wage structure of FI Setoriais Fiset Pesca
– 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 FI Setoriais Fiset Pesca.
High dependence on third party suppliers
– FI Setoriais Fiset Pesca 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.
Technology disruption because of hacks, piracy etc
– The colonial pipeline illustrated, how vulnerable modern organization are to international hackers, miscreants, and disruptors. The cyber security interruption, data leaks, etc can seriously jeopardize the future growth of the organization.
Weighted SWOT Analysis of FI Setoriais Fiset Pesca Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca 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 FI Setoriais Fiset Pesca needs to make to build a sustainable competitive advantage.
