Phong Le Prof. Cipoletti BUS 482 6 December 2014 SWOT Analysis This report will provide a detailed analysis of Deloitte Touché Tohmatsu. This analysis will help identify the company’s current strengths, weaknesses, opportunities, and threats. This will be helpful in terms of understanding how well the organization is operating, and what needs to be done in terms of making the company stronger. In the conclusion of this analysis, I will develop improvement proposals, and how they will impact structure, conduct, and performance. The following are strengths that Deloitte currently have. Deloitte uses a value-driven approach toward its service offerings. As technology continues to advance such as cloud computing, the company will continue to …show more content…
Deloitte uses a global association structure meaning that it is an association of independent country-level firms. While this structure is necessary for the audit business, it poses a challenge for business consulting. Partners of the country firms must be persuaded to take on new offerings or other innovations and they tend to be conservative toward investment and innovation decisions. This can lead to slowing down decision making and is a source of friction in cross-border deals. While Deloitte has been able to manage around this issue effectively, there is a cost to that. Another weakness Deloitte has is that its global delivery capability is relatively immature. Deloitte have gradually built up global delivery resources in several lower-cost locations worldwide however the maturity of the processes and information infrastructure supporting delivery engagements is not at the level of major IT-based competitors. Deloitte using the global association structure also makes global collaboration more difficult which hinders its global delivery capability …show more content…
Examples of such companies would be IBM and Capgemini. Competing companies that combined a business emphasis with a strong IT background poses a serious threat to Deloitte’s business. In this day and age there are no business decisions that can be made without input from IT, therefore companies with an IT background are not at a disadvantage as they once would have been. Software brands can also be seen as a threat to Deloitte. Software brands, especially SAP and Oracle, have a high degree of recognition and intent to use among buyers of consulting services. Even though the consulting offerings of these vendors are focused around their own products, there have been shown a willingness among buyers to consider them for business-oriented services. Even if these specific vendors do not become more active in this area, this buyer perception opens the door to new types of competitors, entrants, and substitutes for business
What key tasks will help Sapient differentiate itself from its competitors? What features of Sapient's organizational structure impact (positively or negatively) the company's ability to execute on these tasks?
The SWOT analysis: The study of the firm's Strengths, Weaknesses, Opportunities and Threats called SWOT analysis, a key step in flushing out known performance issues that are important to the growth of the organization addressed in the corporation strategic plan. The issues identified in the SWOT analysis help leadership to come up with a plan and strategy to achieve the overall mission of the company (Strategic Planning, n, d). Target Corporation is one of the largest public retailing company in the US having more than 1700 stores serving guests nationwide. Target group and its brand position are evaluated in the market using SWOT analysis.--
External partners will build the IT infrastructure for those with weak IT, while a weak Business acumen will benefit from consultants who can provide the Business insights needed.
SWOT Analysis, also called situational analysis, stands for “strengths, weaknesses, opportunities, and threats and is an assessment of the strengths and weaknesses in an organization’s internal environment and the opportunities and threats in its external environment” (Crawford, 10/6) SWOT Analysis allows Serve Up Smoothies as a company to properly observe both our internal and external environments and realize how we can benefit from them or see how they can harm us.
Target Corporation is an American retailing company; the second- largest discount retailer next to Wal-Mart. The Target Corporation was founded in 1902 by John Dayton in Minneapolis, Minnesota. The founder of Target, opened a store located in Roseville, Minnesota in 1692 known as Dayton Dry Goods Company and has since grown becoming the leading division of Dayton Hudson Corporation, the company that later changed their name to Target Corporation in 2000. From 1692 until today, Target has expanded tremendously, having stores throughout the US, Canada and Australia. Now a day, Target Corporation has 1,797 retail stores in the United States and 127 stores in Canada, with 40 distribution centers throughout the US and Canada, totaling 361,000 team members worldwide. Their mission is to make Target the favored shopping destination for their guests by satisfying their mission statement of “Expect More. Pay Less.”
4 company’s skills and objectives, the customers they were trying to attract, the competitors they
Gap Inc. is a global organization, which provides consumers with retail items such as clothing and accessories. According to the 2016 Fortune 500 list, Gap Inc. is ranked #177. They are also ranked #40 on the annual Fortune Change The World list. The company is comprised of a series of brands (Old Navy, Athleta, Banana Republic, Intermix, Gap), which allows them to appeal to a wide range of consumers. Each brand has a specific style, culture and economic level that they are looking to target. When the brands are seen altogether, the organization is able to show its diversity. Gap Inc. shares many similarities with numerous organizations which obtain large individual market shares.
Exxon Mobil Corporation was incorporated in the State of New Jersey in 1882. Mr. Rex W. Tillerson is the current CEO, Director and President of ExxonMobil Corporation. He was appointed Chairman of the Board and Chief Executive Officer on January 1, 2006. According to Annual Report Form 10-K, Mr. Tillerson still carries these positions. Exxon Mobil’s nature of business is “energy, involving exploration, form and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of natural oil, fuel, and lubricant products. Exxon Mobil is also a major manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products”. The primary products and services of ExxonMobil are the production and sale of fuels ranging from diesel, gas and Liquefied Petroleum Gas (LPG) for commercial and industrial applications; passenger, commercial, marine, aviation and industrial lubricants, signum oil analysis; base stocks and specialty products.
...ancy as “demons”, “thieves”, destructive to organizations. Consultants that make claims of being experts or promising the ultimate solution and do not deliver deteriorate the creditability and trust of consultancy in general. The out-of –the-box solution does not work for every situation and when it does not work the consultant lacks the external resources (or knowledge) to support the need. A clear and concise process with the necessary resources to support the consultant’s claim is essential to being successful for the client and themselves. Building a relationship based on trust and creditability is as equally important as follow thorough and honesty (Zipursky, 2014). Until organizations hiring consultants spend more time validating the creditability before hiring (to weed out the weak) and the consulting industry sets standards, anecdotes will continue to exist.
Part of Johnson & Johnson strengths are the Innovation Efficiency and Satisfaction Quality. they know the local needs of clients and have a commitment to utilities suppliers and distributors with a responsibility to shareholders. But there are some internal weaknesses, like too many layers in decision making.
When it comes to doing business internationally the decision making is more complex. There are many interactions between each country that need to be addressed. In order for a business to be successful in the international market they need to examine and analyze all the facets of their company. They need
Dynamic strategic management encompasses the approaches, tools and activities organizations utilize to determine direction, increasing the likelihood of organizational goal attainment. It is an approach that suggests organizations operating in uncertain environments require a flexible plan to minimize risk and take advantage of opportunity As a tool developed to analyze a firm’s position within its operating environment, a Strengths, Weaknesses, Opportunities and Threats (SWOT) analysis provides insight into how internal and external factors are inhibiting or facilitating advancement toward reaching organizational objectives within a dynamic environment. This paper aims to understand how a SWOT analysis assisted the Calgary International Airport Authority create a competitive business plan for their future in an uncertain environment.
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.
Threats to the organization involve the various competitors in the financial services industry as well as key partners in the supply chain. When discussing competitors, an obvious threat will be loss of market share to other institutions. With the negative media, many customers have switched their banking relationships to another financial services provider. Because the products in the financial services industry are generally the same from firm to firm, it is imperative that the service provided sets the organization apart. The threat of a negative image of Wells Fargo & Co. could tarnish the way the public views its service provided. Because of this, it is necessary to switch from a results driven model to that of simply serving the
World Bank Group - the group that consists of five organizations created in different times and functionally united,organizationally and geographically, the purpose of which is providing financial and technical assistance to developing countries.