Strategic Information
We unleash the Power of Cummins by motivating our employees to act like owners working together. We strive to exceed customer expectations by always being first to the market with the best quality products available. Cummins partners with our customers to make succeed by demanding that everything that we do leads us to a cleaner, healthier and safer environment. We create wealth for all stakeholders through advanced product development. (Cummins, Inc.) The SWOT analysis will provide a realistic picture of our organization in relation to its internal and external environments so we can better establish strategy in pursuit of its mission. (Cummins2)
SWOT – Strengths, Weaknesses, Opportunities and Threats
Cummins Inc. is one of the leading power development companies that conducts the design, manufacture and distribution of diesel and natural gas engines plus providing related services. The company’s massive production and distribution network, strong liquidity and comprehensive offerings are the major strengths, even as dependence on single supplier and drop in operational achievement are areas of burden. However, the company could benefit from prosperity in the automobile sector, strategic acquisitions and joint ventures. (Data, Global)
Strengths Weaknesses
Strong Liquidity Operational Performance
Comprehensive Business Operations Dependence on Single Supplier
Extensive Manufacturing & Distribution Network Work Stoppage & Labor Unions Issues
Opportunities Threats
Growth in Automobile Sector Asia & the US Rise in Raw Material Prices
Strategic Acquisition Stringent Regulations
Joint Venture Agreement Competition
(Data, Global) (Cummins)
SWOT Conversion
Strengths
...
... middle of paper ...
...t Bosch GmbH, Tenneco and Honeywell. The demand for the products depends on the competitive atmosphere, including the timely development and introduction of new and competitive products and the company’s response to downward pricing to sustain competition. Factors including changes in customer order patterns and competitors’ new products could impact the company’s competitive ability. (Cummins)
Assigned Roles for this Worksheet
Coordinator: John Taylor
Recorder: Karl Ritter
Checker: John Taylor
Monitor: Karl Ritter
Works Cited
Cummins. http://www.cummins.com/cmi/navigationAction.do?nodeId=10&siteId=1&nodeName=Corporate+Responsibility&menuId=1050. n.d. 4 3 2014.
Data, Global. http://www.globaldata.com
Cummins2. http://www.cummins.com/cmi/navigationAction.do?nodeId=259&siteId=1&nodeName=Cummins+sets+New+Community+Service+Record&menuId=1050. n.d
Cisco faces intense competition in the networking and communications equipment markets (Cisco Systems Inc. SWOT Analysis, 2013).Cisco also faces price competition from rival competitors in Asia, mainly in China. The company also faces competition from customers to which it licenses or supplies technology. The nature of networking requires partnerships; the company must cooperate and at the same time compete with many companies to achieve its objectives. The inability to effectively manage these complicated relationships with customers, suppliers, and strategic alliance partners may have an adverse effect on Cisco’s business. Intense competition will continue to impact Cisco’s operating results, financial condition and market shares of the company in the future (Cisco Systems, Inc. SWOT Analysis, 2013).
The SWOT process will start by examining the internal strengths of the Boeing Company today. One of the dominant strengths possessed by Boeing is its ability to follow the changes in a market that is continually changing. The type of products produced by The Boeing Company demands the use of state of the art technology while maintaining all the proper safeguards for safety, regulatory compliance and profitability.... ... middle of paper ... ...
The industry environment has a more significant effect on the firm’s strategic actions. By five forces analysis including threat of entry, the power of suppliers, the power of buyers, product substitutes and the intensity of rivalry among competitors, AT&T is to find its position in the industry. Mentioned before the company acts as the first mover in lots of segments of the industry environment it is competing in. Having an intensive rivalry because of the speedly developing high tech requirements of the environment and the R&D forces of the leader companies, new entrants are discouraged. Late movers have commonly less chance to be able to compete and gain advantage over to companies such as AT&T and its competitors.
The SWOT analysis involves four steps. They are strength, weakness, opportunity, and threats. This will assist you to ident...
A SWOT analysis is used to assess a company’s strengths and weaknesses found within the company, as well as opportunities and threats that emerge from the external environment. In this analysis, the main strengths, weaknesses, opportunities, and threats facing the Ford Motor Company will be discussed to provide a powerful analysis tool that supports the planning process for marketers.
SWOT analysis is a necessary tool for business that allows corporations to analyze where their strengths, weaknesses, opportunities and threats lie. The SWOT tool contains paramount information about the industry and helps the executives of the business make decisions that are necessary for the business’s survival and success.
A SWOT analysis is simple exercise that could be implemented on multiple subjects including an individual or a whole corporation. The SWOT analysis is an operational tool for managing change, defining strategic direction and setting realistic goals and objectives according to Simoneaux and Stroud (2011). Discovering new opportunities and manage and eliminate threats that are present in the company and the surrounding market. SWOT is a valuable technique that leads to a better understanding of the strengths, weaknesses, opportunities and treats both internally and externally. The strengths and weakness are to be considered internal factors and opportunities and threats to be e...
Qualitative research provides insight into developing phenomena or offers a new perspective on current trends. Prior to the creation of a dynamic strategic plan, the SWOT analysis offers a critical assessment of an organization’s competitive position, though the four areas of assessment are not weighted, nor does the utilization of the tool provide specific direction for the organization and requires subjective interpretation of the data. Input from stakeholders brings validity to the information gathered while conducting a SWOT
A SWOT analysis is an examination of an organization’s internal strengths and weaknesses, its opportunities for growth and improvement, and the threats the external environment presents to its survival (Harrison, 2010). Generally, the information gathered for the analysis is organized into matrix form, howe...
Rolls-Royce is an established company that deals in manufacturing aircraft engines and other parts. It also has a branch that specializes in cars. It has been in existence for a long time, implying a vast resource reservoir and experience in the whole business. Apparently, the company ticks as one of the top world dealers in aero-civil industry (Wilson, 2007).
Rivalry among established firms is fierce. There are several factors that illustrate this: established market players (6.1). The product is highly standardized and the switching costs of the customers are low. Players are aggressive (6.2)
...firms may be able to lower their costs as well. As technology improves, the competition may be able to leapfrog the production capabilities, thus eliminating the competitive advantage. Additionally, several firms following a focus strategy and targeting various narrow markets may be able to achieve an even lower cost within their segments and as a group gain significant market share.
For instance, Harley Davidson may be forced to change their marketing strategy due to the entrance of a new competitor into the market. Second, Harley Davidson has to learn new skills and technologies quickly. For example, technologies are changing rapidly, so it is crucial for Harley Davidson’s business plan to change or alter in order to keep up with innovation. Third, this organization has to effectively leverage its core competencies while competing with its competitors. This is, Flexibility is required for Harley Davidson to learn how to use primary value-chain activities and support functions in the way that allow the organization to produce their products at a lower cost with differentiated features compare to their competitors in the market
A SWOT analysis of Tesco is an analysis of the strengths, weaknesses, opportunities and threats affecting the company.
The SWOT analysis is used to gauge a company’s strengths and weaknesses. It also outlines opportunities for tapping and presents possible threats that could affect a company’s operations.