SWOT ANALYSIS ON Principal Financial Group

[abhishreshthaa]

Principal Financial Group NYSE: PFG is a publicly traded corporation based in Des Moines, Iowa, USA.

The Principal Financial Group (The Principal) is a global financial services provider which offers a wide range of financial products and services, and is a U.S. leader in 401(k) plans. Headquartered in Des Moines, Iowa, the company has more than 18 million customers worldwide. As of September 30, 2009, assets under management exceeded $280 billion. It was ranked 273rd on Fortune magazine’s list of the 500 largest U.S. corporations (May 2009). It has been consistently awarded the distinction as one of the world's most ethical companies.


Strengths

* Innovation
* Online growth
* Good Technical Skills
* Good Marketing Skills
* Good referals from buiness relationships

Weaknesses

* Low R&D
* Low market share
* Chalenge finding and keeping good sales people
* Cash flow problems

Opportunities

* Emerging markets and expansion abroad
* Online
* Product and services expansion
* Investors to finance software R&D

Threats

* Competition
* Cheaper technology
* Economic slowdown
* Lower cost competitors or imports

 

[jiten005]

Principal Financial Group NYSE: PFG is a publicly traded corporation based in Des Moines, Iowa, USA.

The Principal Financial Group (The Principal) is a global financial services provider which offers a wide range of financial products and services, and is a U.S. leader in 401(k) plans. Headquartered in Des Moines, Iowa, the company has more than 18 million customers worldwide. As of September 30, 2009, assets under management exceeded $280 billion. It was ranked 273rd on Fortune magazine’s list of the 500 largest U.S. corporations (May 2009). It has been consistently awarded the distinction as one of the world's most ethical companies.


Strengths

* Innovation
* Online growth
* Good Technical Skills
* Good Marketing Skills
* Good referals from buiness relationships

Weaknesses

* Low R&D
* Low market share
* Chalenge finding and keeping good sales people
* Cash flow problems

Opportunities

* Emerging markets and expansion abroad
* Online
* Product and services expansion
* Investors to finance software R&D

Threats

* Competition
* Cheaper technology
* Economic slowdown
* Lower cost competitors or imports

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