Swot Analysis: SWOT Analysis Of A Company

Improved Essays
The next sections will look at each component of the SWOT analysis to summarize the analysis of our organization based on the previous sections of this report.
Strengths:
• Size –The capabilities and resources that the organization has to date is by far the largest in the industry. This strength would be a positive since we have more resources and knowledge available to help aid in the crafting of a customer value proposition. Since we are the largest company in our industry, we are very familiar with our own offerings and the next best alternative in each of our business segment. • Buying power of raw steel – The organization has the ability to purchase a large quantity of raw steel and in turn get a very good price point on this material.
…show more content…
This lack of training has and can translate into a lack of product knowledge on the products we manufacture. I have specifically seen this lack of product knowledge when dealing with some of our internal customers that I deal with on a daily basis. This is a major weakness that needs to be addressed as quickly as possible. If employees in the organization have little to no training and a lack of product knowledge, then this would be a negative. If an employee cannot even tout the benefits of the products we produce, then there is no way they could determine a point of difference or parity in our competitor’s products. Overall, I would say the level of training overall in the organization is very good for employees hired pre 2008, but it has been lacking in the last five years for the limited amount of new employees …show more content…
Our metal components division has a product line called NuRoof that can be used to retrofit an existing building. This product offering is a nice alternative to constructing a new building. This product can be used to change the roof geometry of an existing building to make it look more modern at a fraction of the cost when compared to the cost associated with constructing a new building. Being able to have this included in a value proposition, we can help our customers save money and achieve their goals by suggesting this product

Related Documents

  • Improved Essays

    Swot Analysis For Cabela's

    • 1682 Words
    • 7 Pages

    Five Forces Analysis Internal Rivalry Internal rivalry within the outdoor recreation retail industry is moderate to high. The industry consists of many sellers resulting in high competition. However, majority of the market share is owned by large companies such as Cabela’s, Dick’s Sporting Goods, Big Five Sporting Goods, and Hibbit’s.1 Smaller companies reside within the industry too but they have trouble competing with larger company’s prices. The larger companies have lower profit margins but sell substantially more products so they can take part in price competition and still be profitable. The Outdoor Industry Association estimated that consumers spent $120.7 billion on outdoor recreation products in 2012.1 Based on that estimate,…

    • 1682 Words
    • 7 Pages
    Improved Essays
  • Great Essays

    Executive Summary Coach Inc. has over the past 10 years been on a rollercoaster of sorts with the price of their stock increasing and decreasing multiple times during the decade. 2009 reflected a significant drop in price based on the previous years of 2006-07, while 2011-12 marked an all- time high for the company. What could be the reason(s) behind that? I will be focusing my financial analysis below on what I believe went wrong and why I feel there is room for improvement. Company Background Coach, Inc. is a leading New York design house of modern luxury accessories and lifestyle brands.…

    • 1577 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    Ken wants to be the | | |region’s leading healthcare organization. | | |Highmark has an excellent reputation as providing quality and | | |affordable healthcare. | | |Highmark has an opportunity to capitalize on | | |the individual strengths of its employees and is | | |one of the nation’s largest insurance companies. One of the major |…

    • 2708 Words
    • 11 Pages
    Improved Essays
  • Decent Essays

    I believe more in-depth training could help every aspect of the company. I fully understand that we are a growing business and that makes it difficult to bring new employees on, and have them trained to an extent to where they are well off by themselves but, I feel that we are reaching a point where we can give employees the necessary training for the job. New hires seem to be expected to know how to close and run the store alone within a month, I dont agree with this and I feel that they are not getting the necessary training they need. A training plan or any type of way to organize training to make sure that new hires learn their specific job details I feel would stop pointless mistakes from happening and lower stress within the workplace.…

    • 610 Words
    • 3 Pages
    Decent Essays
  • Improved Essays

    Panda Express Case Study

    • 1320 Words
    • 5 Pages

    As a former employee of Panda Express I have experienced and seen how employees are trained. Although the techniques that the newly employed individuals are taught can be effective, it doesn’t allow them to fully understand the concepts. Therefore they cannot perform their job correctly or efficiently, and would create problems later on from the lack of training. I have noticed several instances that can be fixed directly. Not only does a new way of training help the employees, it also benefits the managers and the establishment in return.…

    • 1320 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    SWOT Analysis The various exhibits for the SWOT analysis are highlighted in the appendix below. The documents included are the SWOT analysis, Internal Factor Evaluation Matrix, External Factor Evaluation Matrix, and SWOT Bivariate Strategy Matrix. BCG Matrix It is clear that three things are needed to create a BCG matrix for Best Buy,…

    • 1272 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    company’s strong brand presence; the multi- business structure of the company, and the company’s establishment of strong partnerships, which may been forged with years of expertise. Threshold capabilities are also vital to the company but are relatively easier to imitate, as most organizations are able to do it. Customer service, Innovation, employee management, strategic management, and financial knowledge are the basic or threshold capabilities required from the firm to be maintained. The core capabilities of GE lie with their passion for leadership development; the development of the company’s human resources, its people; its expertise in diversification; its continuous thirst for creativity and motivation; its investments and trust in the…

    • 853 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Honest situational analysis will often lead into a SWOT analysis. The SWOT analysis “determines the strengths and weaknesses of the company, finds opportunities for profitability and examines potential threats to the plan 's success. This section also includes assessments on current social and political trends that can affect the plan 's success, as well as how the product stacks up against the competition (Hanks).” The SWOT analysis as well as the internal, external, and market situation marks a path for the future. There may be things that need to change immediately.…

    • 1745 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    MANUFACTURING COSTS: Functional Elements: The baby stroller is mainly composed of three materials: Nylon (woven, as fabric) Plastic (injection molded, for plastic parts) Steel (tubing, for frame)…

    • 947 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    Strengths The first step of the SWOT analysis is identifying the strengths and weaknesses in the company which in other words are called internal factors or everything that is within the company itself. Firstly, strengths within the company, could also be addressed as what the company could do well? The answer to that is the creation of an innovative and creative product that only our company could create besides the repair and maintenance that also only our company could provide. Our company must also stand apart from our competitors which could exist through the differentiation in the pricing strategies, by which our product value based rather than cost based products of our competitors.…

    • 946 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    3.0 SWOT Analysis Malayan Banking Berhad (Maybank) has the biggest Islamic Banking in Malaysia. Thosemanagers have analyzed the external environment and the internal resources of the organisation, they will have the information they need to assess the organization’s strength, weaknesses, opportunity and threat. Such an assessment normally is referred to as a SWOT (sometimes called TOWS) analysis (Bateman and Snell, 2013). Strengths and weakness refer to internal resources. For example, an organisation’s strengths include positive cash flow, management and strong brands name.…

    • 762 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Part Ⅰ is a basic part for readers to understand the business and management. As a new CEO, if I cannot figure out what is the best market out there and what is the most suitable market for the company, I cannot achieve the goals. If a company focuses on solving problems, it will only look back and stay at the old days. However, opportunity is the future of a company. As a new company without much experience, the best thing for it to do is to seek opportunities.…

    • 1855 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Swot Analysis For Walmart

    • 845 Words
    • 4 Pages

    This analysis is based on the following facts: The school you would like to attend costs $100,000. To help finance your education, you need to choose whether or not to sell your 1,000 shares of Apple stock, 1,000 EE Savings Bonds (with $100 denominations and 4.25% coupon rate) that are five years from their 30-year maturity date, or a combination of both. First, we need to know what 1,000 shares of Wal-Mart stock is currently worth. 1,000 shares of Wal-Mart are currently worth approximately; $74,650. Additionally, we have calculated that the 1,000 Savings bonds (w $100 denominations and 4.25% coupon rate) five years from their 30-year maturity date are worth $107,401.34.…

    • 845 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    SWOT When studying the potential for a new business or product, a SWOT analysis helps in determining the likely risks and rewards. This analysis is a simple but widely used tool that helps in understanding the internal strengths and weaknesses and the external opportunities and threats. STRENGHTS According to all the information gathered and the questions answered by the managers, the strengths of the company are many. First of all, the main competitive advantage of SIDEM is the high quality of their products; this is the main factor that differentiates them from their competitors.…

    • 1412 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    According to the Aguinis and Kraiger (2009) organizations overall efficiency , profitability and the productivity is improved by training. Employee’s capacity of performing well in the organization and their motivation level is increase by the help and training and development (Boxall & Purcell 2008). . According to (Kennedy, J. 2009) through training the organization get a competitive advantage, because the workers become more committed and more productive towards the organization. Further, according to the (Chris Amisano, 2010) the success of an organization is dependent on the employee performance, and training is the only method through which the employees become more…

    • 704 Words
    • 3 Pages
    Improved Essays