Swott Analysis Paper David Greenfield Bus 475 August 3, 2015
Swott Analysis Paperdavid Greenfieldbus475august 3 2015susan Horvate
SWOTT Analysis Paper David Greenfield BUS/475 August 3, 2015 Susan Horvat Education SWOT analysis is an efficient method used for tactical planning to classify possible, priorities and generating a common vision of accomplishing the expansion strategy for a company. SWOT should answer the question of where the company is involving the examination of the external and internal environment specifically and generally. It used to estimate the company’s environmental factors. Only by taking into contemplation the components of common environment : political environment, social environment, economic environment, legislation and stress groups, a corporation will be able to take on the particular way of achievement, which will guarantee its performance and advantages on current and latent competitors (Thompson, & Martin, 2010).
In today’s highly competitive and fast spaced marketplace, it is vital for organizations to be elastic enough to change, so that they can remain up to speed and profitable. Management of change has always been a concern of debate among scholars: how can employers make appropriate conditions for a victorious change process? And what can workers do to go through it. Strategic management mainly pertains to adjusting an organization to its business surroundings. The greatest agent for organizational change is the socialization feature of culture, which can be made powerful structurally.
Waterboard Corporation takes on the individuality of learning, adapting and growing organization; these traits have become part of the structure of how it operates. Being aware of how and being capable of increasing this flexibility is essential to organizational success (Poole, & Ven, 2004). Waterboard Corporation implemented strategies of adaptation that have effects that ripple across a corporation. Raising an organization's capability to adjust to change and reduce disturbance reduces costs and saves time. One approach that Waterboard has used for increasing adaptation is to select a person to back the changes, tackle and in the long run recruit opponents, and proactively spot and alleviate problems.
Economic forces refer to the direction and nature of the economy in which a business operates. Economic factors have an incredible impact on company firms. The common state of the economy for instance prosperity, recovery, recession and depression. The fiscal policy, monetary policy, payments balance, the stage of economic cycle and interest rate are main variables in pricing decisions, employment and corporate investment. The growth impact or turn down in gross national product and decreases or increases in the value of the dollar, inflation and interest rates are considered as chief examples of important impact on business processes.
To assess the local condition, an organization may seek information relating to the economic stand and future of the area and the effects of this viewpoint on the transportation and commercial base, unemployment, disposable income and wage rates. The condition of world financial system is most vital for organizations working in such areas. Factors such as monetary and fiscal policies, demographic changes, rate of interests, inflation rates and level of employment which establish the state of aggressive environment in which Waterboard Corporation operates. These forces have an effect on the result of the firm's marketing activities, by influencing the strength and volume of demand for its products.
Legal forces that affect Waterboard Corporation include court judgments, legislation and election outcomes as well as the decisions given by various agencies and commissions. The political sector of the surroundings presents potential and actual restrictions on the way a Waterboard corporation operates. Among the most significant government procedures are: takeover (creating a crown privatization and corporation), expenditure, taxation and regulation. The disparities among international, national and local subsectors of the political atmosphere are often rather dramatic. Political volatility in some regions makes the very type of government subject to radical changes.
Additionally the basic scheme of government and the laws the system propagates, the political surroundings may include such concerns as examining government strategies toward revenue tax, relative pressure of unions, and strategies concerning employment of natural resources. The Political activities also have a noteworthy impact on three supplementary governmental roles influencing water board’s external environment. They include: Supplier function . The decisions of the government regarding accessibility and creation of personal businesses to government owned usual resources and local stockpiles of agricultural products will intensely affect the feasibility of the strategies of Waterboard Corporation. Customer function . Government demand for services and products can eliminate, enhance, sustain or create many market chances. * Competitor function . The government can function as an almost indomitable competitor in the marketplace, thus, information of government policies can help Waterboard Corporation to avoid adverse altercation with government as a competitor. Generally, the impact of government is increasing and far-reaching. The opportunities that face the corporation’s new division include: · Specialized shipping demand increase · Favorable physical condition. Favorable market conjuncture. · Global maritime and river transport. · Growth predisposition for world export. · Positive economical growth. · Steady macro economic environment.
The issues that face the corporation’s new division include: · Low possibilities to access money and capital markets · Material expense increase tendency. Aggressive market strategies for many countries · Tendency of national currency devaluation. · Lack of specialized banking system in shipping.
Conclusion As a result of placing it in the SWOT model, the division for Cargo shipping of products across the globe was positioned in the first quadrant. The classification of the SWOT quadrant facilitates the move to the last analysis’s step which is to formulate the actual strategy. According to grand strategies of intricate companies’ common level, there are four key strategies equivalent to the first quadrant, which are attention on a market share; attention on a product; mergers and peaceful firms purchases; mergers and mandatory firms acquisitions.
It is the accountable person’s problem to choose which one of these policies will be chosen. The policy which Waterboard Corporation must select is the attention on a market share. References Levy, A. & Merry, U. (1986). Organizational transformation approaches, strategies, theories . New York: Praeger. Poole, M. & Ven, A. (2004). Handbook of organizational change and innovation . Oxford, UK New York, N.Y: Oxford University Press. Thompson, J. & Martin, F. (2010). Strategic management : awareness & change . Andover: South-Western Cengage Learning.
Paper For Above instruction
The SWOT analysis is a strategic planning tool that enables organizations to evaluate their internal strengths and weaknesses alongside external opportunities and threats. Applying this approach provides a comprehensive understanding of the internal capabilities and external environment, informing strategic decision-making. For Waterboard Corporation, a diverse international enterprise involved in agriculture and shipping, SWOT analysis highlights critical factors influencing its growth and operational success.
Internal analysis of Waterboard reveals significant strengths, particularly in its robust financial position, innovative management, and specialized production capabilities. The company’s steady increase in investments in technology and manufacturing demonstrates its commitment to maintaining a competitive edge. The availability of a skilled workforce with management expertise facilitates operational efficiency, further strengthening its internal standing. However, weaknesses such as limited labor productivity and the reliance on subcontractors highlight areas where improvement is needed, especially in optimizing operational efficiency and reducing costs (Thompson & Martin, 2010).
Externally, Waterboard faces numerous opportunities that can bolster its strategic position. The increasing global demand for agricultural and shipping services, driven by favorable macroeconomic conditions, expansion in international trade, and the growth of world exports, offers avenues for market penetration and diversification (Kantor, Nolan & Sauvant, 2011). Additionally, the favorable physical environment and the growth predisposition of global maritime transport present compelling reasons for investment and expansion in the shipping division. New market opportunities in specialized shipping and deepening international trade relationships further aid strategic growth initiatives.
Conversely, external threats threaten to undermine progress. Challenges such as limited access to capital and financial markets, rising material costs, currency devaluation, and intense competition in global shipping fuel uncertainties and risks for the company (Biegelman & Biegelman, 2008). The macroeconomic environment, including inflation, currency fluctuations, and restrictive financial systems, especially in emerging markets, could impede operational expansion and profitability. Political volatility and regulatory changes across different regions add layers of complexity that require vigilance and adaptive strategies (Levy & Merry, 1986).
Strategically, Waterboard can capitalize on its strengths by focusing on expanding market share through targeted marketing, innovation, and operational efficiency. It should leverage its financial stability to access capital for growth initiatives, particularly in shipping infrastructure. Recognizing external opportunities, the company can diversify its product offerings and strengthen international trade logistics, aligning with its mission to serve global markets efficiently. To counteract threats, Waterboard must develop flexible operational plans, foster strong stakeholder relationships, and monitor political and economic shifts proactively. Implementing these strategies will require a clear focus on core values such as integrity, diversity, accountability, and innovation, which guide the organizational culture and decision-making processes (Poole & Ven, 2004).
References
- Biegelman, M. T., & Biegelman, D. R. (2008). Building a world-class compliance program: Best practices & strategies for success. Hoboken, N.J: John Wiley & Sons.
- Hart, J. F. (2003). The changing scale of American agriculture. Charlottesville: University of Virginia Press.
- Kantor, M., Nolan, M. D., & Sauvant, K. P. (2011). Reports of Overseas Private Investment Corporation determinations. Oxford: Oxford University Press.
- Levy, A. & Merry, U. (1986). Organizational transformation approaches, strategies, theories. New York: Praeger.
- Poole, M. & Ven, A. (2004). Handbook of organizational change and innovation. Oxford, UK: Oxford University Press.
- Thompson, J. & Martin, F. (2010). Strategic management: awareness & change. Andover: South-Western Cengage Learning.