Description
strategic management covers topics like the framework of SWOT and talks about various elements relating to SWOT
SWOT ANALYSIS
A FRAMEWORK
Strengths:
Weaknesses: -No clear-cut strategies -Weak balance sheet -Higher costs -Lacking key skills -Lower profitability because----Too narrow product range -Weak brand reputation -Weak dealer network -Underutilized capacity -Low on product quality, R&D, tech know-how -Not attracting new customers
-Powerful strategies, skills, competencies
-Financial resource
-Brand power -Economies of scale -Cost advantage -Superior technology -Strong A&SP -Innovative skills -Processes -E-commerce technologies -Superior customer service -Wide market coverage -Alliances, JV’s access to technologies -Membership of regional blocks
Potential opportunities:
Threats:
-Serving new customer groups -Expanding new markets -Existing technologies to enter new product lines -Using e- commerce to cut costs -Vertical integration -Falling trade barriers in attractive markets -Chances to improve market shares -Sharply rising demand -Acquisition opportunities of rival firms -Alliances, joint ventures opportunities -Availability of emerging technologies
-Entry of new powerful competitors -Loss of sale to substitute products -Competition from startups -Intensifying rivalry of competition -Technological changing -Innovation by rivals -Government policies -Adversely changing foreign exchange rates -Changing customer needs -Demographic changes -Suppliers drying up
doc_802329539.doc
strategic management covers topics like the framework of SWOT and talks about various elements relating to SWOT
SWOT ANALYSIS
A FRAMEWORK
Strengths:
Weaknesses: -No clear-cut strategies -Weak balance sheet -Higher costs -Lacking key skills -Lower profitability because----Too narrow product range -Weak brand reputation -Weak dealer network -Underutilized capacity -Low on product quality, R&D, tech know-how -Not attracting new customers
-Powerful strategies, skills, competencies
-Financial resource
-Brand power -Economies of scale -Cost advantage -Superior technology -Strong A&SP -Innovative skills -Processes -E-commerce technologies -Superior customer service -Wide market coverage -Alliances, JV’s access to technologies -Membership of regional blocks
Potential opportunities:
Threats:
-Serving new customer groups -Expanding new markets -Existing technologies to enter new product lines -Using e- commerce to cut costs -Vertical integration -Falling trade barriers in attractive markets -Chances to improve market shares -Sharply rising demand -Acquisition opportunities of rival firms -Alliances, joint ventures opportunities -Availability of emerging technologies
-Entry of new powerful competitors -Loss of sale to substitute products -Competition from startups -Intensifying rivalry of competition -Technological changing -Innovation by rivals -Government policies -Adversely changing foreign exchange rates -Changing customer needs -Demographic changes -Suppliers drying up
doc_802329539.doc