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SWOT ANALYSIS
Description
Mind Map on SWOT ANALYSIS, created by Berenice Huerta Hurtado on 23/08/2017.
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business
Mind Map by
Berenice Huerta Hurtado
, updated more than 1 year ago
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Berenice Huerta Hurtado
about 7 years ago
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Resource summary
SWOT ANALYSIS
INTERNAL ANALYSIS
Strenghts
Competitive advantage
Profitability
Value preposition
Value chain
Absorptive capacity
The ability of an enterprise to identify, value, assimilate, and use new knowledge.
Activities that transforms inputs into outputs to create value
1. VALUE 2. COST 3. PRICE
Low Cost
Differentiation
Weaknesses
Opportunity areas
Failures
Things that are poorly done
Areas to be improved
Avoiding failure and sustaining competitive advantage
Strategy
Resources
Tangible
Untangible
Capabilities
Skilss
Structure
Processes
Controls
Competences
Distintive competences
Firm-specific strengths that allow a company to differentiate.
ANALYZE THE COMPANY ITSELF
EXTERNAL ANALYSIS
Opportunities
Allow you to create strategies to earn more profits
Threats
They jeopardize the profitability of the company's business.
Competition within the industry in which a company is based.
COMPETITIVE FORCES MODEL
Rivalry among established competitors
Risk of entry
Barriers of entry
Brand loyalty
Cost advantages
Economies of scale
Government regulations
Customer switching costs
Barganing power of suppliers
Few substitutes of supplies
The industry is not as important for them
Significant switching costs
Threat of substitutes
Products that satisfy similar customer needs
Ex. : Soda = Water, Juice, Tea, etc.
Barganing power of buyers
More choices
Large purchase quantities
Dependence to few buyers
Power of complement products
Products that add value to products from another industry
Ex. : PC's = Software
ANALYZE THE COMPANY'S INDUSTRY
Strategic Groups
Used to analyze the internal and external environment of an organization
Chapter 2 and 3
Charles W. L. Hill; Gareth R. Jones; Melissa A. Schilling (2015). Strategic Management: An Integrated Approach, 11th Edition. Cengage: USA
Porter, M. (1996). “What is Strategy?”. Harvard Business Review. November-December
M. (2012, December 25). Retrieved August 24, 2017, from https://www.youtube.com/watch?v=H8_W8tAEsfQ
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