Oakridge Glbl Enrgy Sol (OGES) SWOT Analysis / TOWS Matrix / MBA Resources
Electronic Instr. & Controls
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Oakridge Glbl Enrgy Sol (United States)
Based on various researches at Oak Spring University , Oakridge Glbl Enrgy Sol is operating in a macro-environment that has been destablized by – digital marketing is dominated by two big players Facebook and Google, there is backlash against globalization, increasing energy prices, increasing household debt because of falling income levels, central banks are concerned over increasing inflation, challanges to central banks by blockchain based private currencies, increasing commodity prices,
customer relationship management is fast transforming because of increasing concerns over data privacy, increasing government debt because of Covid-19 spendings, etc
Introduction to SWOT Analysis of Oakridge Glbl Enrgy Sol
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Oakridge Glbl Enrgy Sol can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Oakridge Glbl Enrgy Sol, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol can be done for the following purposes –
1. Strategic planning of Oakridge Glbl Enrgy Sol
2. Improving business portfolio management of Oakridge Glbl Enrgy Sol
3. Assessing feasibility of the new initiative in United States
4. Making a Electronic Instr. & Controls sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Oakridge Glbl Enrgy Sol
Strengths of Oakridge Glbl Enrgy Sol | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Oakridge Glbl Enrgy Sol are -
Innovation driven organization
– Oakridge Glbl Enrgy Sol is one of the most innovative firm in Electronic Instr. & Controls sector.
Sustainable margins compare to other players in Electronic Instr. & Controls industry
– Oakridge Glbl Enrgy Sol has clearly differentiated products in the market place. This has enabled Oakridge Glbl Enrgy Sol to fetch slight price premium compare to the competitors in the Electronic Instr. & Controls industry. The sustainable margins have also helped Oakridge Glbl Enrgy Sol to invest into research and development (R&D) and innovation.
Operational resilience
– The operational resilience strategy of Oakridge Glbl Enrgy Sol comprises – understanding the underlying the factors in the Electronic Instr. & Controls 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.
Diverse revenue streams
– Oakridge Glbl Enrgy Sol is present in almost all the verticals within the Electronic Instr. & Controls industry. This has provided Oakridge Glbl Enrgy Sol 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.
High switching costs
– The high switching costs that Oakridge Glbl Enrgy Sol 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 recruit top talent
– Oakridge Glbl Enrgy Sol is one of the leading players in the Electronic Instr. & Controls 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.
Learning organization
- Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol is open place that encourages instructiveness, ideation, open minded discussions, and creativity. Employees and leaders at Oakridge Glbl Enrgy Sol emphasize – knowledge, initiative, and innovation.
Ability to lead change in Electronic Instr. & Controls
– Oakridge Glbl Enrgy Sol is one of the leading players in the Electronic Instr. & Controls industry in United States. Over the years it has not only transformed the business landscape in the Electronic Instr. & Controls industry in United States but also across the existing markets. The ability to lead change has enabled Oakridge Glbl Enrgy Sol in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
High brand equity
– Oakridge Glbl Enrgy Sol has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Oakridge Glbl Enrgy Sol to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Strong track record of project management in the Electronic Instr. & Controls industry
– Oakridge Glbl Enrgy Sol is known for sticking to its project targets. This enables the firm to manage – time, project costs, and have sustainable margins on the projects.
Digital Transformation in Electronic Instr. & Controls industry
- digital transformation varies from industry to industry. For Oakridge Glbl Enrgy Sol digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Oakridge Glbl Enrgy Sol has successfully integrated the four key components of digital transformation – digital integration in processes, digital integration in marketing and customer relationship management, digital integration into the value chain, and using technology to explore new products and market opportunities.
Low bargaining power of suppliers
– Suppliers of Oakridge Glbl Enrgy Sol in the Technology sector have low bargaining power. Oakridge Glbl Enrgy Sol has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Oakridge Glbl Enrgy Sol to manage not only supply disruptions but also source products at highly competitive prices.
Weaknesses of Oakridge Glbl Enrgy Sol | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Oakridge Glbl Enrgy Sol are -
Slow to harness new channels of communication
– Even though competitors are using new communication channels such as Instagram, Tiktok, and Snap, Oakridge Glbl Enrgy Sol is slow explore the new channels of communication. These new channels of communication can help Oakridge Glbl Enrgy Sol to provide better information regarding Electronic Instr. & Controls products and services. It can also build an online community to further reach out to potential customers.
Increasing silos among functional specialists
– The organizational structure of Oakridge Glbl Enrgy Sol is dominated by functional specialists. It is not different from other players in the Electronic Instr. & Controls industry, but Oakridge Glbl Enrgy Sol needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Oakridge Glbl Enrgy Sol to focus more on services in the Electronic Instr. & Controls industry rather than just following the product oriented approach.
Ability to respond to the competition
– As the decision making is very deliberative at Oakridge Glbl Enrgy Sol, in the dynamic environment of Electronic Instr. & Controls industry it has struggled to respond to the nimble upstart competition. Oakridge Glbl Enrgy Sol has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
High dependence on Oakridge Glbl Enrgy Sol ‘s star products
– The top 2 products and services of Oakridge Glbl Enrgy Sol still accounts for major business revenue. This dependence on star products in Electronic Instr. & Controls industry has resulted into insufficient focus on developing new products, even though Oakridge Glbl Enrgy Sol has relatively successful track record of launching new products.
Skills based hiring in Electronic Instr. & Controls industry
– The stress on hiring functional specialists at Oakridge Glbl Enrgy Sol has created an environment where the organization is dominated by functional specialists rather than management generalist. This has resulted into product oriented approach rather than marketing oriented approach or consumers oriented approach.
Slow to strategic competitive environment developments
– As Oakridge Glbl Enrgy Sol is one of the leading players in the Electronic Instr. & Controls industry, it takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the Electronic Instr. & Controls industry in last five years.
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 Oakridge Glbl Enrgy Sol supply chain. Even after few cautionary changes, Oakridge Glbl Enrgy Sol is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Oakridge Glbl Enrgy Sol vulnerable to further global disruptions in South East Asia.
High bargaining power of channel partners in Electronic Instr. & Controls industry
– because of the regulatory requirements in United States, Oakridge Glbl Enrgy Sol 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 Electronic Instr. & Controls industry.
High operating costs
– Compare to the competitors, Oakridge Glbl Enrgy Sol has high operating costs in the Electronic Instr. & Controls industry. This can be harder to sustain given the new emerging competition from nimble players who are using technology to attract Oakridge Glbl Enrgy Sol lucrative customers.
Lack of clear differentiation of Oakridge Glbl Enrgy Sol products
– To increase the profitability and margins on the products, Oakridge Glbl Enrgy Sol needs to provide more differentiated products than what it is currently offering in the marketplace.
Interest costs
– Compare to the competition, Oakridge Glbl Enrgy Sol 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.
Oakridge Glbl Enrgy Sol Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Oakridge Glbl Enrgy Sol are -
Low interest rates
– Even though inflation is raising its head in most developed economies, Oakridge Glbl Enrgy Sol can still utilize the low interest rates to borrow money for capital investment. Secondly it can also use the increase of government spending in infrastructure projects to get new business.
Manufacturing automation
– Oakridge Glbl Enrgy Sol can use the latest technology developments to improve its manufacturing and designing process in Electronic Instr. & Controls 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 Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol to hire the very best people irrespective of their geographical location.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Changes in consumer behavior post Covid-19
– consumer behavior has changed in the Electronic Instr. & Controls industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Oakridge Glbl Enrgy Sol 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. Oakridge Glbl Enrgy Sol 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.
Reforming the budgeting process
- By establishing new metrics that will be used to evaluate both existing and potential projects Oakridge Glbl Enrgy Sol can not only reduce the costs of the project but also help it in integrating the projects with other processes within the organization.
Use of Bitcoin and other crypto currencies for transactions in Electronic Instr. & Controls industry
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Oakridge Glbl Enrgy Sol in the Electronic Instr. & Controls industry. Now Oakridge Glbl Enrgy Sol can target international markets with far fewer capital restrictions requirements than the existing system.
Developing new processes and practices
– Oakridge Glbl Enrgy Sol can develop new processes and procedures in Electronic Instr. & Controls 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.
Learning at scale
– Online learning technologies has now opened space for Oakridge Glbl Enrgy Sol 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.
Building a culture of innovation
– managers at Oakridge Glbl Enrgy Sol 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 Electronic Instr. & Controls industry.
Leveraging digital technologies
– Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Electronic Instr. & Controls industry, and it will provide faster access to the consumers.
Finding new ways to collaborate
– Covid-19 has not only transformed business models of companies in Electronic Instr. & Controls industry, but it has also influenced the consumer preferences. Oakridge Glbl Enrgy Sol can tie-up with other value chain partners to explore new opportunities regarding meeting customer demands and building a rewarding and engaging relationship.
Threats Oakridge Glbl Enrgy Sol External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Oakridge Glbl Enrgy Sol are -
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. Oakridge Glbl Enrgy Sol 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.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol prominent markets.
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 Oakridge Glbl Enrgy Sol business can come under increasing regulations regarding data privacy, data security, etc.
Consumer confidence and its impact on Oakridge Glbl Enrgy Sol 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 Electronic Instr. & Controls industry and other sectors.
Regulatory challenges
– Oakridge Glbl Enrgy Sol 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 Electronic Instr. & Controls industry regulations.
Shortening product life cycle
– it is one of the major threat that Oakridge Glbl Enrgy Sol is facing in Electronic Instr. & Controls sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Increasing wage structure of Oakridge Glbl Enrgy Sol
– 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 Oakridge Glbl Enrgy Sol.
Stagnating economy with rate increase
– Oakridge Glbl Enrgy Sol 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 Electronic Instr. & Controls industry.
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 Oakridge Glbl Enrgy Sol.
Technology acceleration in Forth Industrial Revolution
– Oakridge Glbl Enrgy Sol has witnessed rapid integration of technology during Covid-19 in the Electronic Instr. & Controls industry. As one of the leading players in the industry, Oakridge Glbl Enrgy Sol needs to keep up with the evolution of technology in the Electronic Instr. & Controls 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 Oakridge Glbl Enrgy Sol in the Electronic Instr. & Controls sector and impact the bottomline of the organization.
High dependence on third party suppliers
– Oakridge Glbl Enrgy Sol 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.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Oakridge Glbl Enrgy Sol may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Electronic Instr. & Controls sector.
Weighted SWOT Analysis of Oakridge Glbl Enrgy Sol Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol 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 Oakridge Glbl Enrgy Sol needs to make to build a sustainable competitive advantage.
