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 government debt because of Covid-19 spendings, challanges to central banks by blockchain based private currencies, increasing energy prices, supply chains are disrupted by pandemic , increasing household debt because of falling income levels, digital marketing is dominated by two big players Facebook and Google, increasing inequality as vast percentage of new income is going to the top 1%,
wage bills are increasing, banking and financial system is disrupted by Bitcoin and other crypto currencies, 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 -
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.
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.
Organizational Resilience of Strats SM Trust Procter Gamble Sec
– The covid-19 pandemic has put organizational resilience at the centre of everthing Strats SM Trust Procter Gamble Sec does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
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.
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.
Analytics focus
– Strats SM Trust Procter Gamble Sec 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.
Ability to lead change in
– Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Innovation driven organization
– Strats SM Trust Procter Gamble Sec is one of the most innovative firm in sector.
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.
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.
High brand equity
– Strats SM Trust Procter Gamble Sec has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Strats SM Trust Procter Gamble Sec to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
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.
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.
High dependence on Strats SM Trust Procter Gamble Sec ‘s star products
– The top 2 products and services of Strats SM Trust Procter Gamble Sec still accounts for major business revenue. This dependence on star products in industry has resulted into insufficient focus on developing new products, even though Strats SM Trust Procter Gamble Sec has relatively successful track record of launching new products.
Increasing silos among functional specialists
– The organizational structure of Strats SM Trust Procter Gamble Sec is dominated by functional specialists. It is not different from other players in the industry, but Strats SM Trust Procter Gamble Sec needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Strats SM Trust Procter Gamble Sec to focus more on services in the industry rather than just following the product oriented approach.
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.
Compensation and incentives
– The revenue per employee of Strats SM Trust Procter Gamble Sec 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.
Workers concerns about automation
– As automation is fast increasing in the industry, Strats SM Trust Procter Gamble Sec 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 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.
Interest costs
– Compare to the competition, Strats SM Trust Procter Gamble Sec 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.
Slow to strategic competitive environment developments
– As Strats SM Trust Procter Gamble Sec is one of the leading players in the industry, it takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the industry in last five years.
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.
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 -
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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Strats SM Trust Procter Gamble Sec is facing challenges because of the dominance of functional experts in the organization. Strats SM Trust Procter Gamble Sec 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.
Using analytics as competitive advantage
– Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec to build a competitive advantage using analytics. The analytics driven competitive advantage can help Strats SM Trust Procter Gamble Sec to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
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.
Better consumer reach
– The expansion of the 5G network will help Strats SM Trust Procter Gamble Sec to increase its market reach. Strats SM Trust Procter Gamble Sec will be able to reach out to new customers. Secondly 5G will also provide technology framework to build new tools and products that can help more immersive consumer experience and faster consumer journey.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for 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.
Changes in consumer behavior post Covid-19
– consumer behavior has changed in the industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Strats SM Trust Procter Gamble Sec can take advantage of these changes in consumer behavior to build a far more efficient business model. For example consumer regular ordering of products can reduce both last mile delivery costs and market penetration costs. Strats SM Trust Procter Gamble Sec can further use this consumer data to build better customer loyalty, provide better products and service collection, and improve the value proposition in inflationary times.
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.
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.
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.
Leveraging digital technologies
– Strats SM Trust Procter Gamble Sec 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.
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.
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 -
Increasing wage structure of Strats SM Trust Procter Gamble Sec
– 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 Strats SM Trust Procter Gamble Sec.
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.
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.
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.
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.
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.
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 Strats SM Trust Procter Gamble Sec in the sector and impact the bottomline of the organization.
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.
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.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Strats SM Trust Procter Gamble Sec 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 Strats SM Trust Procter Gamble Sec prominent markets.
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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Strats SM Trust Procter Gamble Sec 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. 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.
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.