Credit Enhanced Corts Trust For Aon (KTN) SWOT Analysis / TOWS Matrix / MBA Resources
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Credit Enhanced Corts Trust For Aon (United States)
Based on various researches at Oak Spring University , Credit Enhanced Corts Trust For Aon is operating in a macro-environment that has been destablized by – geopolitical disruptions, increasing energy prices, increasing transportation and logistics costs, cloud computing is disrupting traditional business models, talent flight as more people leaving formal jobs, technology disruption, increasing commodity prices,
supply chains are disrupted by pandemic , challanges to central banks by blockchain based private currencies, etc
Introduction to SWOT Analysis of Credit Enhanced Corts Trust For Aon
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Credit Enhanced Corts Trust For Aon can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Credit Enhanced Corts Trust For Aon, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon can be done for the following purposes –
1. Strategic planning of Credit Enhanced Corts Trust For Aon
2. Improving business portfolio management of Credit Enhanced Corts Trust For Aon
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 Credit Enhanced Corts Trust For Aon
Strengths of Credit Enhanced Corts Trust For Aon | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Credit Enhanced Corts Trust For Aon are -
Successful track record of launching new products
– Credit Enhanced Corts Trust For Aon has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Credit Enhanced Corts Trust For Aon 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.
Organizational Resilience of Credit Enhanced Corts Trust For Aon
– The covid-19 pandemic has put organizational resilience at the centre of everthing Credit Enhanced Corts Trust For Aon does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
High brand equity
– Credit Enhanced Corts Trust For Aon has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Credit Enhanced Corts Trust For Aon to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Training and development
– Credit Enhanced Corts Trust For Aon 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.
Highly skilled collaborators
– Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon have helped the firm to develop new products and bring them quickly to the marketplace.
Ability to lead change in
– Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon 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
– Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon in industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
High switching costs
– The high switching costs that Credit Enhanced Corts Trust For Aon 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.
Analytics focus
– Credit Enhanced Corts Trust For Aon 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.
Learning organization
- Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Credit Enhanced Corts Trust For Aon emphasize – knowledge, initiative, and innovation.
Ability to recruit top talent
– Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Credit Enhanced Corts Trust For Aon are -
Need for greater diversity
– Credit Enhanced Corts Trust For Aon 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
Credit Enhanced Corts Trust For Aon has a high cash cycle compare to other players in the industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.
Ability to respond to the competition
– As the decision making is very deliberative at Credit Enhanced Corts Trust For Aon, in the dynamic environment of industry it has struggled to respond to the nimble upstart competition. Credit Enhanced Corts Trust For Aon has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Capital Spending Reduction
– Even during the low interest decade, Credit Enhanced Corts Trust For Aon 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 dependence on Credit Enhanced Corts Trust For Aon ‘s star products
– The top 2 products and services of Credit Enhanced Corts Trust For Aon still accounts for major business revenue. This dependence on star products in industry has resulted into insufficient focus on developing new products, even though Credit Enhanced Corts Trust For Aon has relatively successful track record of launching new products.
No frontier risks strategy
– From the 10K / annual statement of Credit Enhanced Corts Trust For Aon, it seems that company is thinking out the frontier risks that can impact industry. But it has very little resources allocation to manage the risks emerging from events such as natural disasters, climate change, melting of permafrost, tacking the rise of artificial intelligence, opportunities and threats emerging from commercialization of space etc.
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 Credit Enhanced Corts Trust For Aon supply chain. Even after few cautionary changes, Credit Enhanced Corts Trust For Aon is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Credit Enhanced Corts Trust For Aon vulnerable to further global disruptions in South East Asia.
Compensation and incentives
– The revenue per employee of Credit Enhanced Corts Trust For Aon 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.
Products dominated business model
– Even though Credit Enhanced Corts Trust For Aon 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. Credit Enhanced Corts Trust For Aon should strive to include more intangible value offerings along with its core products and services.
Slow to strategic competitive environment developments
– As Credit Enhanced Corts Trust For Aon 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.
Interest costs
– Compare to the competition, Credit Enhanced Corts Trust For Aon 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.
Credit Enhanced Corts Trust For Aon Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Credit Enhanced Corts Trust For Aon are -
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Using analytics as competitive advantage
– Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon to build a competitive advantage using analytics. The analytics driven competitive advantage can help Credit Enhanced Corts Trust For Aon to build faster Go To Market strategies, better consumer insights, developing relevant product features, and building a highly efficient supply chain.
Developing new processes and practices
– Credit Enhanced Corts Trust For Aon 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.
Manufacturing automation
– Credit Enhanced Corts Trust For Aon 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon to hire the very best people irrespective of their geographical location.
Better consumer reach
– The expansion of the 5G network will help Credit Enhanced Corts Trust For Aon to increase its market reach. Credit Enhanced Corts Trust For Aon 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.
Building a culture of innovation
– managers at Credit Enhanced Corts Trust For Aon 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.
Buying journey improvements
– Credit Enhanced Corts Trust For Aon 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Credit Enhanced Corts Trust For Aon 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.
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 Credit Enhanced Corts Trust For Aon 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.
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 Credit Enhanced Corts Trust For Aon in the industry. Now Credit Enhanced Corts Trust For Aon can target international markets with far fewer capital restrictions requirements than the existing system.
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. Credit Enhanced Corts Trust For Aon can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Credit Enhanced Corts Trust For Aon is facing challenges because of the dominance of functional experts in the organization. Credit Enhanced Corts Trust For Aon 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.
Threats Credit Enhanced Corts Trust For Aon External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Credit Enhanced Corts Trust For Aon are -
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon prominent markets.
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 Credit Enhanced Corts Trust For Aon.
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 Credit Enhanced Corts Trust For Aon business can come under increasing regulations regarding data privacy, data security, etc.
Regulatory challenges
– Credit Enhanced Corts Trust For Aon 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.
Consumer confidence and its impact on Credit Enhanced Corts Trust For Aon 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.
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. Credit Enhanced Corts Trust For Aon will face different problems in different parts of Europe. For example it will face inflationary pressures in UK, France, and Germany, balance sheet expansion and demand challenges in Southern European countries, and geopolitical instability in the Eastern Europe.
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. Credit Enhanced Corts Trust For Aon can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Increasing wage structure of Credit Enhanced Corts Trust For Aon
– 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 Credit Enhanced Corts Trust For Aon.
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. Credit Enhanced Corts Trust For Aon needs to understand the core reasons impacting the industry. This will help it in building a better workplace.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to industry are lowering. It can presents Credit Enhanced Corts Trust For Aon with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the sector.
Technology acceleration in Forth Industrial Revolution
– Credit Enhanced Corts Trust For Aon has witnessed rapid integration of technology during Covid-19 in the industry. As one of the leading players in the industry, Credit Enhanced Corts Trust For Aon 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.
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 Credit Enhanced Corts Trust For Aon in the sector and impact the bottomline of the organization.
Environmental challenges
– Credit Enhanced Corts Trust For Aon 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. Credit Enhanced Corts Trust For Aon can take advantage of this fund but it will also bring new competitors in the industry.
Weighted SWOT Analysis of Credit Enhanced Corts Trust For Aon Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon 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 Credit Enhanced Corts Trust For Aon needs to make to build a sustainable competitive advantage.
