Strats SM Trust Procter Gamble Sec (GJR) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Strats SM Trust Procter Gamble Sec (United States)
Based on various researches at Oak Spring University , Strats SM Trust Procter Gamble Sec is operating in a macro-environment that has been destablized by – increasing energy prices, banking and financial system is disrupted by Bitcoin and other crypto currencies, increasing government debt because of Covid-19 spendings, cloud computing is disrupting traditional business models, customer relationship management is fast transforming because of increasing concerns over data privacy, geopolitical disruptions, talent flight as more people leaving formal jobs,
there is increasing trade war between United States & China, central banks are concerned over increasing inflation, etc
Introduction to SWOT Analysis of Strats SM Trust Procter Gamble Sec
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Strats SM Trust Procter Gamble Sec can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Strats SM Trust Procter Gamble Sec, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec can be done for the following purposes –
1. Strategic planning of Strats SM Trust Procter Gamble Sec
2. Improving business portfolio management of Strats SM Trust Procter Gamble Sec
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 Strats SM Trust Procter Gamble Sec
Strengths of Strats SM Trust Procter Gamble Sec | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Strats SM Trust Procter Gamble Sec are -
Learning organization
- Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Strats SM Trust Procter Gamble Sec emphasize – knowledge, initiative, and innovation.
Training and development
– Strats SM Trust Procter Gamble Sec 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.
Cross disciplinary teams
– Horizontal connected teams at the Strats SM Trust Procter Gamble Sec 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.
Successful track record of launching new products
– Strats SM Trust Procter Gamble Sec has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Strats SM Trust Procter Gamble Sec 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.
Low bargaining power of suppliers
– Suppliers of Strats SM Trust Procter Gamble Sec in the sector have low bargaining power. Strats SM Trust Procter Gamble Sec has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Strats SM Trust Procter Gamble Sec to manage not only supply disruptions but also source products at highly competitive prices.
Diverse revenue streams
– Strats SM Trust Procter Gamble Sec is present in almost all the verticals within the industry. This has provided Strats SM Trust Procter Gamble Sec 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.
Ability to recruit top talent
– Strats SM Trust Procter Gamble Sec 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.
Superior customer experience
– The customer experience strategy of Strats SM Trust Procter Gamble Sec in industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Strong track record of project management in the industry
– Strats SM Trust Procter Gamble Sec is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Effective Research and Development (R&D)
– Strats SM Trust Procter Gamble Sec has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in – Strats SM Trust Procter Gamble Sec staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Innovation driven organization
– Strats SM Trust Procter Gamble Sec is one of the most innovative firm in sector.
Operational resilience
– The operational resilience strategy of Strats SM Trust Procter Gamble Sec comprises – understanding the underlying the factors in the industry, building diversified operations across different geographies so that disruption in one part of the world doesn’t impact the overall performance of the firm, and integrating the various business operations and processes through its digital transformation drive.
Weaknesses of Strats SM Trust Procter Gamble Sec | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Strats SM Trust Procter Gamble Sec are -
Ability to respond to the competition
– As the decision making is very deliberative at Strats SM Trust Procter Gamble Sec, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Strats SM Trust Procter Gamble Sec has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Slow decision making process
– As mentioned earlier in the report, Strats SM Trust Procter Gamble Sec 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. Strats SM Trust Procter Gamble Sec 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.
Products dominated business model
– Even though Strats SM Trust Procter Gamble Sec 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. Strats SM Trust Procter Gamble Sec should strive to include more intangible value offerings along with its core products and services.
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 Strats SM Trust Procter Gamble Sec supply chain. Even after few cautionary changes, Strats SM Trust Procter Gamble Sec is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Strats SM Trust Procter Gamble Sec vulnerable to further global disruptions in South East Asia.
Aligning sales with marketing
– From the outside it seems that Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec can leverage the sales team experience to cultivate customer relationships as Strats SM Trust Procter Gamble Sec is planning to shift buying processes online.
Capital Spending Reduction
– Even during the low interest decade, Strats SM Trust Procter Gamble Sec 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 bargaining power of channel partners in industry
– because of the regulatory requirements in United States, Strats SM Trust Procter Gamble Sec is facing high bargaining power of the channel partners. So far it has not able to streamline the operations to reduce the bargaining power of the value chain partners in the industry.
Need for greater diversity
– Strats SM Trust Procter Gamble Sec 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, Strats SM Trust Procter Gamble Sec is slow explore the new channels of communication. These new channels of communication can help Strats SM Trust Procter Gamble Sec to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Employees’ less understanding of Strats SM Trust Procter Gamble Sec strategy
– From the outside it seems that the employees of Strats SM Trust Procter Gamble Sec 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.
Skills based hiring in industry
– The stress on hiring functional specialists at Strats SM Trust Procter Gamble Sec 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.
Strats SM Trust Procter Gamble Sec Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Strats SM Trust Procter Gamble Sec are -
Low interest rates
– Even though inflation is raising its head in most developed economies, Strats SM Trust Procter Gamble Sec 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.
Learning at scale
– Online learning technologies has now opened space for Strats SM Trust Procter Gamble Sec 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
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. Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec 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.
Creating value in data economy
– The success of analytics program of Strats SM Trust Procter Gamble Sec has opened avenues for new revenue streams for the organization in industry. This can help Strats SM Trust Procter Gamble Sec to build a more holistic ecosystem for Strats SM Trust Procter Gamble Sec products in the industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Reconfiguring business model
– The expansion of digital payment system, the bringing down of international transactions costs using Bitcoin and other blockchain based currencies, etc can help Strats SM Trust Procter Gamble Sec 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.
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. Strats SM Trust Procter Gamble Sec can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Developing new processes and practices
– Strats SM Trust Procter Gamble Sec 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Strats SM Trust Procter Gamble Sec can use these opportunities to build new business models that can help the communities that Strats SM Trust Procter Gamble Sec operates in. Secondly it can use opportunities from government spending in sector.
Manufacturing automation
– Strats SM Trust Procter Gamble Sec 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.
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 Strats SM Trust Procter Gamble Sec in the industry. Now Strats SM Trust Procter Gamble Sec can target international markets with far fewer capital restrictions requirements than the existing system.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec to hire the very best people irrespective of their geographical location.
Threats Strats SM Trust Procter Gamble Sec External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Strats SM Trust Procter Gamble Sec are -
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. Strats SM Trust Procter Gamble Sec can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
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.
Regulatory challenges
– Strats SM Trust Procter Gamble Sec 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.
Stagnating economy with rate increase
– Strats SM Trust Procter Gamble Sec 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.
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 Strats SM Trust Procter Gamble Sec business can come under increasing regulations regarding data privacy, data security, etc.
High dependence on third party suppliers
– Strats SM Trust Procter Gamble Sec 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.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to industry are lowering. It can presents Strats SM Trust Procter Gamble Sec with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Shortening product life cycle
– it is one of the major threat that Strats SM Trust Procter Gamble Sec is facing in sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Consumer confidence and its impact on Strats SM Trust Procter Gamble Sec 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.
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 Strats SM Trust Procter Gamble Sec.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Strats SM Trust Procter Gamble Sec 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.
Environmental challenges
– Strats SM Trust Procter Gamble Sec 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. Strats SM Trust Procter Gamble Sec can take advantage of this fund but it will also bring new competitors in the industry.
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 Strats SM Trust Procter Gamble Sec Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec needs to make to build a sustainable competitive advantage.
