Corporate Backed Trust Certifica IC (JBN) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Corporate Backed Trust Certifica IC (United States)
Based on various researches at Oak Spring University , Corporate Backed Trust Certifica IC is operating in a macro-environment that has been destablized by – banking and financial system is disrupted by Bitcoin and other crypto currencies, technology disruption, central banks are concerned over increasing inflation, there is backlash against globalization, customer relationship management is fast transforming because of increasing concerns over data privacy, increasing commodity prices, talent flight as more people leaving formal jobs,
competitive advantages are harder to sustain because of technology dispersion, cloud computing is disrupting traditional business models, etc
Introduction to SWOT Analysis of Corporate Backed Trust Certifica IC
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Corporate Backed Trust Certifica IC can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Corporate Backed Trust Certifica IC, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC can be done for the following purposes –
1. Strategic planning of Corporate Backed Trust Certifica IC
2. Improving business portfolio management of Corporate Backed Trust Certifica IC
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 Corporate Backed Trust Certifica IC
Strengths of Corporate Backed Trust Certifica IC | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Corporate Backed Trust Certifica IC are -
Highly skilled collaborators
– Corporate Backed Trust Certifica IC has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive industry. Secondly the value chain collaborators of Corporate Backed Trust Certifica IC have helped the firm to develop new products and bring them quickly to the marketplace.
Diverse revenue streams
– Corporate Backed Trust Certifica IC is present in almost all the verticals within the industry. This has provided Corporate Backed Trust Certifica IC 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
– Corporate Backed Trust Certifica IC 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.
Effective Research and Development (R&D)
– Corporate Backed Trust Certifica IC has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in – Corporate Backed Trust Certifica IC staying ahead in the industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Cross disciplinary teams
– Horizontal connected teams at the Corporate Backed Trust Certifica IC 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.
High switching costs
– The high switching costs that Corporate Backed Trust Certifica IC 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.
Ability to lead change in
– Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Strong track record of project management in the industry
– Corporate Backed Trust Certifica IC is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Superior customer experience
– The customer experience strategy of Corporate Backed Trust Certifica IC in industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Organizational Resilience of Corporate Backed Trust Certifica IC
– The covid-19 pandemic has put organizational resilience at the centre of everthing Corporate Backed Trust Certifica IC does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
Analytics focus
– Corporate Backed Trust Certifica IC 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.
Sustainable margins compare to other players in industry
– Corporate Backed Trust Certifica IC has clearly differentiated products in the market place. This has enabled Corporate Backed Trust Certifica IC to fetch slight price premium compare to the competitors in the industry. The sustainable margins have also helped Corporate Backed Trust Certifica IC to invest into research and development (R&D) and innovation.
Weaknesses of Corporate Backed Trust Certifica IC | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Corporate Backed Trust Certifica IC are -
High bargaining power of channel partners in industry
– because of the regulatory requirements in United States, Corporate Backed Trust Certifica IC 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.
High operating costs
– Compare to the competitors, Corporate Backed Trust Certifica IC has high operating costs in the industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Corporate Backed Trust Certifica IC lucrative customers.
Need for greater diversity
– Corporate Backed Trust Certifica IC 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.
Increasing silos among functional specialists
– The organizational structure of Corporate Backed Trust Certifica IC is dominated by functional specialists. It is not different from other players in the industry, but Corporate Backed Trust Certifica IC needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Corporate Backed Trust Certifica IC to focus more on services in the industry rather than just following the product oriented approach.
Compensation and incentives
– The revenue per employee of Corporate Backed Trust Certifica IC 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.
Aligning sales with marketing
– From the outside it seems that Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC can leverage the sales team experience to cultivate customer relationships as Corporate Backed Trust Certifica IC is planning to shift buying processes online.
Slow decision making process
– As mentioned earlier in the report, Corporate Backed Trust Certifica IC 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. Corporate Backed Trust Certifica IC 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.
Lack of clear differentiation of Corporate Backed Trust Certifica IC products
– To increase the profitability and margins on the products, Corporate Backed Trust Certifica IC needs to provide more differentiated products than what it is currently offering in the marketplace.
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Corporate Backed Trust Certifica IC is slow explore the new channels of communication. These new channels of communication can help Corporate Backed Trust Certifica IC to provide better information regarding products and services. It can also build an online community to further reach out to potential customers.
Ability to respond to the competition
– As the decision making is very deliberative at Corporate Backed Trust Certifica IC, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Corporate Backed Trust Certifica IC has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Low market penetration in new markets
– Outside its home market of United States, Corporate Backed Trust Certifica IC needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Corporate Backed Trust Certifica IC Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC in the industry. Now Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Corporate Backed Trust Certifica IC is facing challenges because of the dominance of functional experts in the organization. Corporate Backed Trust Certifica IC 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.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Corporate Backed Trust Certifica IC can use these opportunities to build new business models that can help the communities that Corporate Backed Trust Certifica IC operates in. Secondly it can use opportunities from government spending in sector.
Manufacturing automation
– Corporate Backed Trust Certifica IC 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.
Learning at scale
– Online learning technologies has now opened space for Corporate Backed Trust Certifica IC 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.
Creating value in data economy
– The success of analytics program of Corporate Backed Trust Certifica IC has opened avenues for new revenue streams for the organization in industry. This can help Corporate Backed Trust Certifica IC to build a more holistic ecosystem for Corporate Backed Trust Certifica IC products in the industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Buying journey improvements
– Corporate Backed Trust Certifica IC 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, Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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. Corporate Backed Trust Certifica IC can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Corporate Backed Trust Certifica IC can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Threats Corporate Backed Trust Certifica IC External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Corporate Backed Trust Certifica IC are -
Increasing wage structure of Corporate Backed Trust Certifica IC
– 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 Corporate Backed Trust Certifica IC.
Shortening product life cycle
– it is one of the major threat that Corporate Backed Trust Certifica IC is facing in sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Technology acceleration in Forth Industrial Revolution
– Corporate Backed Trust Certifica IC has witnessed rapid integration of technology during Covid-19 in the industry. As one of the leading players in the industry, Corporate Backed Trust Certifica IC needs to keep up with the evolution of technology in the sector. According to Mckinsey study top managers believe that the adoption of technology in operations, communications is 20-25 times faster than what they planned in the beginning of 2019.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Corporate Backed Trust Certifica IC 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.
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. Corporate Backed Trust Certifica IC needs to understand the core reasons impacting the industry. This will help it in building a better workplace.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Corporate Backed Trust Certifica IC 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.
High dependence on third party suppliers
– Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC in the sector and impact the bottomline of the organization.
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. Corporate Backed Trust Certifica IC 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.
Stagnating economy with rate increase
– Corporate Backed Trust Certifica IC 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.
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.
Consumer confidence and its impact on Corporate Backed Trust Certifica IC 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.
Weighted SWOT Analysis of Corporate Backed Trust Certifica IC Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC 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 Corporate Backed Trust Certifica IC needs to make to build a sustainable competitive advantage.
