Based on various researches at Oak Spring University , Nuveen Tax Advantaged TR Str Closed is operating in a macro-environment that has been destablized by – competitive advantages are harder to sustain because of technology dispersion, technology disruption, increasing commodity prices, geopolitical disruptions, digital marketing is dominated by two big players Facebook and Google, there is increasing trade war between United States & China, wage bills are increasing,
increasing transportation and logistics costs, increasing household debt because of falling income levels, etc
Introduction to SWOT Analysis of Nuveen Tax Advantaged TR Str Closed
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Nuveen Tax Advantaged TR Str Closed can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Nuveen Tax Advantaged TR Str Closed, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed can be done for the following purposes –
1. Strategic planning of Nuveen Tax Advantaged TR Str Closed
2. Improving business portfolio management of Nuveen Tax Advantaged TR Str Closed
3. Assessing feasibility of the new initiative in United States
4. Making a Misc. Financial Services sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Nuveen Tax Advantaged TR Str Closed
Strengths of Nuveen Tax Advantaged TR Str Closed | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Nuveen Tax Advantaged TR Str Closed are -
Innovation driven organization
– Nuveen Tax Advantaged TR Str Closed is one of the most innovative firm in Misc. Financial Services sector.
Strong track record of project management in the Misc. Financial Services industry
– Nuveen Tax Advantaged TR Str Closed is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Successful track record of launching new products
– Nuveen Tax Advantaged TR Str Closed has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Nuveen Tax Advantaged TR Str Closed 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
- Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Nuveen Tax Advantaged TR Str Closed emphasize – knowledge, initiative, and innovation.
Diverse revenue streams
– Nuveen Tax Advantaged TR Str Closed is present in almost all the verticals within the Misc. Financial Services industry. This has provided Nuveen Tax Advantaged TR Str Closed 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.
Low bargaining power of suppliers
– Suppliers of Nuveen Tax Advantaged TR Str Closed in the Financial sector have low bargaining power. Nuveen Tax Advantaged TR Str Closed has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Nuveen Tax Advantaged TR Str Closed to manage not only supply disruptions but also source products at highly competitive prices.
Organizational Resilience of Nuveen Tax Advantaged TR Str Closed
– The covid-19 pandemic has put organizational resilience at the centre of everthing Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed comprises – understanding the underlying the factors in the Misc. Financial Services 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.
Superior customer experience
– The customer experience strategy of Nuveen Tax Advantaged TR Str Closed in Misc. Financial Services industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Training and development
– Nuveen Tax Advantaged TR Str Closed has one of the best training and development program in Financial industry. The effectiveness of the training programs can be measured in – employees retention, in-house promotion, loyalty, new venture initiation, lack of conflict, and high level of both employees and customer engagement.
Ability to recruit top talent
– Nuveen Tax Advantaged TR Str Closed is one of the leading players in the Misc. Financial Services 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.
Sustainable margins compare to other players in Misc. Financial Services industry
– Nuveen Tax Advantaged TR Str Closed has clearly differentiated products in the market place. This has enabled Nuveen Tax Advantaged TR Str Closed to fetch slight price premium compare to the competitors in the Misc. Financial Services industry. The sustainable margins have also helped Nuveen Tax Advantaged TR Str Closed to invest into research and development (R&D) and innovation.
Weaknesses of Nuveen Tax Advantaged TR Str Closed | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Nuveen Tax Advantaged TR Str Closed are -
Slow to strategic competitive environment developments
– As Nuveen Tax Advantaged TR Str Closed is one of the leading players in the Misc. Financial Services industry, it takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the Misc. Financial Services industry in last five years.
Low market penetration in new markets
– Outside its home market of United States, Nuveen Tax Advantaged TR Str Closed needs to spend more promotional, marketing, and advertising efforts to penetrate international markets.
Employees’ less understanding of Nuveen Tax Advantaged TR Str Closed strategy
– From the outside it seems that the employees of Nuveen Tax Advantaged TR Str Closed 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.
Lack of clear differentiation of Nuveen Tax Advantaged TR Str Closed products
– To increase the profitability and margins on the products, Nuveen Tax Advantaged TR Str Closed needs to provide more differentiated products than what it is currently offering in the marketplace.
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 Nuveen Tax Advantaged TR Str Closed supply chain. Even after few cautionary changes, Nuveen Tax Advantaged TR Str Closed is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Nuveen Tax Advantaged TR Str Closed vulnerable to further global disruptions in South East Asia.
Increasing silos among functional specialists
– The organizational structure of Nuveen Tax Advantaged TR Str Closed is dominated by functional specialists. It is not different from other players in the Misc. Financial Services industry, but Nuveen Tax Advantaged TR Str Closed needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Nuveen Tax Advantaged TR Str Closed to focus more on services in the Misc. Financial Services industry rather than just following the product oriented approach.
Need for greater diversity
– Nuveen Tax Advantaged TR Str Closed 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.
High cash cycle compare to competitors
Nuveen Tax Advantaged TR Str Closed has a high cash cycle compare to other players in the Misc. Financial Services industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.
Products dominated business model
– Even though Nuveen Tax Advantaged TR Str Closed has some of the most successful models in the Misc. Financial Services industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. Nuveen Tax Advantaged TR Str Closed should strive to include more intangible value offerings along with its core products and services.
High operating costs
– Compare to the competitors, Nuveen Tax Advantaged TR Str Closed has high operating costs in the Misc. Financial Services industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Nuveen Tax Advantaged TR Str Closed lucrative customers.
Interest costs
– Compare to the competition, Nuveen Tax Advantaged TR Str Closed 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.
Nuveen Tax Advantaged TR Str Closed Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Nuveen Tax Advantaged TR Str Closed are -
Building a culture of innovation
– managers at Nuveen Tax Advantaged TR Str Closed 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 Misc. Financial Services industry.
Loyalty marketing
– Nuveen Tax Advantaged TR Str Closed has focused on building a highly responsive customer relationship management platform. This platform is built on in-house data and driven by analytics and artificial intelligence. The customer analytics can help the organization to fine tune its loyalty marketing efforts, increase the wallet share of the organization, reduce wastage on mainstream advertising spending, build better pricing strategies using personalization, 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, Nuveen Tax Advantaged TR Str Closed can use these opportunities to build new business models that can help the communities that Nuveen Tax Advantaged TR Str Closed operates in. Secondly it can use opportunities from government spending in Misc. Financial Services sector.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Nuveen Tax Advantaged TR Str Closed can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Using analytics as competitive advantage
– Nuveen Tax Advantaged TR Str Closed has spent a significant amount of money and effort to integrate analytics and machine learning into its operations in Misc. Financial Services sector. This continuous investment in analytics has enabled Nuveen Tax Advantaged TR Str Closed to build a competitive advantage using analytics. The analytics driven competitive advantage can help Nuveen Tax Advantaged TR Str Closed to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Manufacturing automation
– Nuveen Tax Advantaged TR Str Closed can use the latest technology developments to improve its manufacturing and designing process in Misc. Financial Services 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Learning at scale
– Online learning technologies has now opened space for Nuveen Tax Advantaged TR Str Closed 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.
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 Nuveen Tax Advantaged TR Str Closed 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. Nuveen Tax Advantaged TR Str Closed can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Creating value in data economy
– The success of analytics program of Nuveen Tax Advantaged TR Str Closed has opened avenues for new revenue streams for the organization in Misc. Financial Services industry. This can help Nuveen Tax Advantaged TR Str Closed to build a more holistic ecosystem for Nuveen Tax Advantaged TR Str Closed products in the Misc. Financial Services industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Nuveen Tax Advantaged TR Str Closed in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Misc. Financial Services industry, and it will provide faster access to the consumers.
Better consumer reach
– The expansion of the 5G network will help Nuveen Tax Advantaged TR Str Closed to increase its market reach. Nuveen Tax Advantaged TR Str Closed 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.
Threats Nuveen Tax Advantaged TR Str Closed External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Nuveen Tax Advantaged TR Str Closed are -
Shortening product life cycle
– it is one of the major threat that Nuveen Tax Advantaged TR Str Closed is facing in Misc. Financial Services sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Increasing wage structure of Nuveen Tax Advantaged TR Str Closed
– 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 Nuveen Tax Advantaged TR Str Closed.
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.
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 Nuveen Tax Advantaged TR Str Closed.
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. Nuveen Tax Advantaged TR Str Closed needs to understand the core reasons impacting the Misc. Financial Services industry. This will help it in building a better workplace.
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 Nuveen Tax Advantaged TR Str Closed business can come under increasing regulations regarding data privacy, data security, etc.
Consumer confidence and its impact on Nuveen Tax Advantaged TR Str Closed 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 Misc. Financial Services industry and other sectors.
Environmental challenges
– Nuveen Tax Advantaged TR Str Closed 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. Nuveen Tax Advantaged TR Str Closed can take advantage of this fund but it will also bring new competitors in the Misc. Financial Services industry.
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.
Easy access to finance
– Easy access to finance in Misc. Financial Services industry will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Nuveen Tax Advantaged TR Str Closed can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to Misc. Financial Services industry are lowering. It can presents Nuveen Tax Advantaged TR Str Closed with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the Misc. Financial Services sector.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Nuveen Tax Advantaged TR Str Closed may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Misc. Financial Services sector.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed prominent markets.
Weighted SWOT Analysis of Nuveen Tax Advantaged TR Str Closed Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed 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 Nuveen Tax Advantaged TR Str Closed needs to make to build a sustainable competitive advantage.