Chuying Agro-Pastoral Group A (2477) SWOT Analysis / TOWS Matrix / MBA Resources
Fish/Livestock
Strategy / MBA Resources
Introduction to SWOT Analysis
SWOT Analysis / TOWS Matrix for Chuying Agro-Pastoral Group A (China)
Based on various researches at Oak Spring University , Chuying Agro-Pastoral Group A is operating in a macro-environment that has been destablized by – increasing commodity prices, increasing government debt because of Covid-19 spendings, increasing inequality as vast percentage of new income is going to the top 1%, competitive advantages are harder to sustain because of technology dispersion, banking and financial system is disrupted by Bitcoin and other crypto currencies, talent flight as more people leaving formal jobs, wage bills are increasing,
digital marketing is dominated by two big players Facebook and Google, customer relationship management is fast transforming because of increasing concerns over data privacy, etc
Introduction to SWOT Analysis of Chuying Agro-Pastoral Group A
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University, we believe that Chuying Agro-Pastoral Group A can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Chuying Agro-Pastoral Group A, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A can be done for the following purposes –
1. Strategic planning of Chuying Agro-Pastoral Group A
2. Improving business portfolio management of Chuying Agro-Pastoral Group A
3. Assessing feasibility of the new initiative in China
4. Making a Fish/Livestock sector specific business decision
5. Set goals for the organization
6. Organizational restructuring of Chuying Agro-Pastoral Group A
Strengths of Chuying Agro-Pastoral Group A | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Chuying Agro-Pastoral Group A are -
Analytics focus
– Chuying Agro-Pastoral Group A 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 Fish/Livestock industry. The technology infrastructure of China 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.
Effective Research and Development (R&D)
– Chuying Agro-Pastoral Group A has innovation driven culture where significant part of the revenues are spent on the research and development activities. This has resulted in – Chuying Agro-Pastoral Group A staying ahead in the Fish/Livestock industry in terms of – new product launches, superior customer experience, highly competitive pricing strategies, and great returns to the shareholders.
Innovation driven organization
– Chuying Agro-Pastoral Group A is one of the most innovative firm in Fish/Livestock sector.
Highly skilled collaborators
– Chuying Agro-Pastoral Group A has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive Fish/Livestock industry. Secondly the value chain collaborators of Chuying Agro-Pastoral Group A have helped the firm to develop new products and bring them quickly to the marketplace.
Organizational Resilience of Chuying Agro-Pastoral Group A
– The covid-19 pandemic has put organizational resilience at the centre of everthing Chuying Agro-Pastoral Group A does. Organizational resilience comprises - Financial Resilience, Operational Resilience, Technological Resilience, Organizational Resilience, Business Model Resilience, and Reputation Resilience.
High brand equity
– Chuying Agro-Pastoral Group A has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Chuying Agro-Pastoral Group A to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Ability to recruit top talent
– Chuying Agro-Pastoral Group A is one of the leading players in the Fish/Livestock industry in China. It is in a position to attract the best talent available in China. The firm has a robust talent identification program that helps in identifying the brightest.
Diverse revenue streams
– Chuying Agro-Pastoral Group A is present in almost all the verticals within the Fish/Livestock industry. This has provided Chuying Agro-Pastoral Group A 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.
Training and development
– Chuying Agro-Pastoral Group A has one of the best training and development program in Consumer/Non-Cyclical 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.
Cross disciplinary teams
– Horizontal connected teams at the Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A 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.
Superior customer experience
– The customer experience strategy of Chuying Agro-Pastoral Group A in Fish/Livestock industry is based on four key concepts – personalization, simplification of complex needs, prompt response, and continuous engagement.
Weaknesses of Chuying Agro-Pastoral Group A | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Chuying Agro-Pastoral Group A are -
Ability to respond to the competition
– As the decision making is very deliberative at Chuying Agro-Pastoral Group A, in the dynamic environment of Fish/Livestock industry it has struggled to respond to the nimble upstart competition. Chuying Agro-Pastoral Group A has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Workers concerns about automation
– As automation is fast increasing in the Fish/Livestock industry, Chuying Agro-Pastoral Group A needs to come up with a strategy to reduce the workers concern regarding automation. Without a clear strategy, it could lead to disruption and uncertainty within the organization.
Capital Spending Reduction
– Even during the low interest decade, Chuying Agro-Pastoral Group A 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 Fish/Livestock industry using digital technology.
Interest costs
– Compare to the competition, Chuying Agro-Pastoral Group A 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.
Products dominated business model
– Even though Chuying Agro-Pastoral Group A has some of the most successful models in the Fish/Livestock industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. Chuying Agro-Pastoral Group A should strive to include more intangible value offerings along with its core products and services.
Slow to strategic competitive environment developments
– As Chuying Agro-Pastoral Group A is one of the leading players in the Fish/Livestock industry, it takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the Fish/Livestock industry in last five years.
Increasing silos among functional specialists
– The organizational structure of Chuying Agro-Pastoral Group A is dominated by functional specialists. It is not different from other players in the Fish/Livestock industry, but Chuying Agro-Pastoral Group A needs to de-silo the office environment to harness the true potential of its workforce. Secondly the de-silo will also help Chuying Agro-Pastoral Group A to focus more on services in the Fish/Livestock industry rather than just following the product oriented approach.
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 Chuying Agro-Pastoral Group A supply chain. Even after few cautionary changes, Chuying Agro-Pastoral Group A is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Chuying Agro-Pastoral Group A vulnerable to further global disruptions in South East Asia.
Lack of clear differentiation of Chuying Agro-Pastoral Group A products
– To increase the profitability and margins on the products, Chuying Agro-Pastoral Group A needs to provide more differentiated products than what it is currently offering in the marketplace.
High dependence on Chuying Agro-Pastoral Group A ‘s star products
– The top 2 products and services of Chuying Agro-Pastoral Group A still accounts for major business revenue. This dependence on star products in Fish/Livestock industry has resulted into insufficient focus on developing new products, even though Chuying Agro-Pastoral Group A has relatively successful track record of launching new products.
Aligning sales with marketing
– From the outside it seems that Chuying Agro-Pastoral Group A needs to have more collaboration between its sales team and marketing team. Sales professionals in the Fish/Livestock industry have deep experience in developing customer relationships. Marketing department at Chuying Agro-Pastoral Group A can leverage the sales team experience to cultivate customer relationships as Chuying Agro-Pastoral Group A is planning to shift buying processes online.
Chuying Agro-Pastoral Group A Opportunities | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities of Chuying Agro-Pastoral Group A are -
Loyalty marketing
– Chuying Agro-Pastoral Group A 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.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Chuying Agro-Pastoral Group A in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Fish/Livestock industry, and it will provide faster access to the consumers.
Buying journey improvements
– Chuying Agro-Pastoral Group A can improve the customer journey of consumers in the Fish/Livestock 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.
Manufacturing automation
– Chuying Agro-Pastoral Group A can use the latest technology developments to improve its manufacturing and designing process in Fish/Livestock 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.
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 Chuying Agro-Pastoral Group A 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 Fish/Livestock industry
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Chuying Agro-Pastoral Group A in the Fish/Livestock industry. Now Chuying Agro-Pastoral Group A can target international markets with far fewer capital restrictions requirements than the existing system.
Increase in government spending
– As the United States and other governments are increasing social spending and infrastructure spending to build economies post Covid-19, Chuying Agro-Pastoral Group A can use these opportunities to build new business models that can help the communities that Chuying Agro-Pastoral Group A operates in. Secondly it can use opportunities from government spending in Fish/Livestock sector.
Redefining models of collaboration and team work
– As explained in the weaknesses section, Chuying Agro-Pastoral Group A is facing challenges because of the dominance of functional experts in the organization. Chuying Agro-Pastoral Group A can utilize new technology in the field of Fish/Livestock industry to build more coordinated teams and streamline operations and communications using tools such as CAD, Zoom, etc.
Better consumer reach
– The expansion of the 5G network will help Chuying Agro-Pastoral Group A to increase its market reach. Chuying Agro-Pastoral Group A 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.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Creating value in data economy
– The success of analytics program of Chuying Agro-Pastoral Group A has opened avenues for new revenue streams for the organization in Fish/Livestock industry. This can help Chuying Agro-Pastoral Group A to build a more holistic ecosystem for Chuying Agro-Pastoral Group A products in the Fish/Livestock industry by providing – data insight services, data privacy related products, data based consulting services, etc.
Changes in consumer behavior post Covid-19
– consumer behavior has changed in the Fish/Livestock industry because of Covid-19 restrictions. Some of this behavior will stay once things get back to normal. Chuying Agro-Pastoral Group A 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. Chuying Agro-Pastoral Group A 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.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A to hire the very best people irrespective of their geographical location.
Threats Chuying Agro-Pastoral Group A External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats of Chuying Agro-Pastoral Group A are -
Increasing wage structure of Chuying Agro-Pastoral Group A
– 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 Chuying Agro-Pastoral Group A.
Easy access to finance
– Easy access to finance in Fish/Livestock industry will also reduce the barriers to entry in the industry, thus putting downward pressure on the prices because of increasing competition. Chuying Agro-Pastoral Group A can utilize it by borrowing at lower rates and invest it into research and development, capital expenditure to fortify its core competitive advantage.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, Chuying Agro-Pastoral Group A may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Fish/Livestock sector.
Barriers of entry lowering
– As technology is more democratized, the barriers to entry to Fish/Livestock industry are lowering. It can presents Chuying Agro-Pastoral Group A with greater competitive threats in the near to medium future. Secondly it will also put downward pressure on pricing throughout the Fish/Livestock sector.
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.
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 Chuying Agro-Pastoral Group A business can come under increasing regulations regarding data privacy, data security, etc.
Shortening product life cycle
– it is one of the major threat that Chuying Agro-Pastoral Group A is facing in Fish/Livestock sector. It can lead to higher research and development costs, higher marketing expenses, lower customer loyalty, etc.
Environmental challenges
– Chuying Agro-Pastoral Group A 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. Chuying Agro-Pastoral Group A can take advantage of this fund but it will also bring new competitors in the Fish/Livestock industry.
Consumer confidence and its impact on Chuying Agro-Pastoral Group A 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 Fish/Livestock industry and other sectors.
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 Chuying Agro-Pastoral Group A in the Fish/Livestock sector and impact the bottomline of the organization.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A prominent markets.
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.
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 Chuying Agro-Pastoral Group A.
Weighted SWOT Analysis of Chuying Agro-Pastoral Group A Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers at Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A 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 Chuying Agro-Pastoral Group A needs to make to build a sustainable competitive advantage.