7 Key Steps to Create Strategic Human Resource Management (HRM)

Strategic HRM is a method of recruiting talent and then retaining, encouraging, rewarding, and facilitating them so that both the company and the workers are clear winners at the end of the day.

In order to understand their priorities, the HR department partners with other departments in the company and then establishes viable plans that comply with both department and organisational goals and goals.

steps to create strategic human resource management

How to create efficient Strategies Human Resource Management Process?

Steps for create Strategic Human Resource Management process

To establish a strategic human resource management framework, take the following steps—

1. Identify the organisation’s priorities and objectives:

A comprehensive understanding of the organisation is the first step in the process of developing a sustainable definition of the strategic management human resource process. Look at its mission , vision, priorities, and goals and express what it aims to accomplish.

Identify both long-term and short-term growth strategies, since they will be beneficial in the implementation of an successful strategy. At the outset, the HR department should have a good vision because it would only then be able to formulate a potential strategy.

2. Measure the organisation’s HR capabilities

Any company has its employees as its backbone, and strategic HRM policies revolve around them. If you are searching for proactive measures to establish a strategic method of human resource management, then determine the organisation’s HR capabilities. You need to have a good understanding of every aspect of your company’s human resources function.

Take advantage of the inventory of expertise to consider which of the workers are specialists in their particular field and which contribute most to the achievement of organisational goals and goals. Take the assistance of a performance evaluation to test their abilities.

This phase will be a blessing for the company as it will help to recognise employees who are interested in further growth and are searching for training and development opportunities within the organisation.

3. Analyze the existing capabilities of HR

It is difficult to build a viable strategy for the future before and until the HR department is aware of the existing HR capabilities. The demand of the time is a proper evaluation as it will help to identify both opportunities and challenges on the way.

Implement a plan of action that acknowledges challenges and deals with risks. It will also lead to taking advantage of possibilities. The strategic human resource management team will recognise the best of the company’s human resources and the existing expertise they possess at this stage.

It will then provide opportunities for training and development so that employees can better fulfil organisational needs in the future.

4. Forecast the organisation’s future HR requirements

Now, the HR department has a better understanding of the company ‘s existing HR capabilities. Centered on the priorities, it is time to critically examine them.  If you are looking for proactive measures to create a strategic human resource manageent process, then now is the time to assess and project the organisation’s potential HR requirements.

Based on the number number of staff and related skills needed to meet potential organisational needs, and the number of staff and skills the company currently has to meet those needs, predict HR needs.

Forecasting will help decide if human resource skills are used at optimum potential, if the business needs to create new positions and related roles to ensure the organisation’s future and if the current HR team, its policies and practises are adequate to support future growth and development

5. Determine the required resources for fulfilling work commitments

Identify the resources necessary to accomplish job responsibilities in order to establish a SHRM process.

It is the role of the HR department to contact the relevant departments and understand how the resources are used by the workforce and have an effect on their abilities and outcomes. It is time to find gaps in instruments to promote a structured workforce so that it can be fulfilled.

6. Implement the technique of Strategic HRM

Start at the start and look for candidates with the skills defined during the strategic planning process. Organize interviews and other screening procedures to decide if the applicant is capable of managing the job position.

Employ the candidate who is the most qualified. Design an efficient curriculum for onboarding and training to direct them through the initial process.

7. Taking evaluative and remedial steps

Then take evaluative and corrective measures if you are searching for proactive steps to establish a strategic method of human resource management. Conduct a review to monitor progress and identify particular areas that require improvement.

At this time, the million-dollar question is whether the modifications allow the company to achieve its objectives. If this wasn’t the case, then it’s time to take corrective steps to address the problem.

Advantages of Strategic Human Resource Management (SHRM)

As follows, the advantages of strategic HRM are :

  • SHRM helps develop a strategic plan for the future with the company’s vision in mind.
  • The importance of strategic HRM is to improve job satisfaction, and this is good for the organisation.
  • Strategic management of human resources is considered beneficial to an enterprise as it helps to recognise, understand and evaluate potential risks and opportunities that may prove crucial to the business and prove a determining factor in its success and failure at a later date.
  • For an enterprise, SHRM is considered valuable as it offers competitive intelligence that is critical in strategic planning.
  • Recruiting, cultivating and maintaining professional talent to support the company
  • For an organisation, SHRM is considered advantageous as it helps to inspire employees
  • The strategic management method in human resources helps to resolve workforce growth issues in the most possible way
  • With the aid of competence, SHRM ensures that there is a constant market surplus.
  • Strategic management of human capital is regarded advantageous because it guarantees the organisation’s maximum levels of performance and productivity.
  • SHRM enables the company to efficiently fulfil consumer needs
  • Strategic HRM offers valuable knowledge about an organisation’s internal vulnerabilities and strengths.
  • SHRM aims to provide a safe and more efficient working community.
  • Strategic HRM takes a pragmatic approach and is thus very successful in the organisation’s management of human resources.

Barriers to Strategic HRM

The Strategic HRM obstacles are as follows—

  • SHRM is a mechanism where the HR department needs to work in coordination with every department in the company. Interdepartmental dispute is regarded as one of its main obstacles
  • If the bottom line does not cooperate, SHRM faces a great deal of opposition.
  • Lack of senior management support would prove a major barrier to SHRM
  • It will prove a strong barrier to SHRM if the company has limited capital, finance and time.

Conclusion

Strategic HRM is a method for gaining competitive advantage and improving profitability by using HR techniques. It takes advantage of the human resources department opportunities and uses the expertise available to make the departments as well as the company stronger and more successful than ever before.

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SWOT Analysis of Burger King [Detailed]

SWOT Analysis of Burger King focuses on strengths, weaknesses, opportunities and threats. Strength and Weakness are internal factors and Opportunities and threats are external factors.

SWOT Analysis of Burger King helps to evaluate its business performance in respect to its competitors.

Burger King (BK) is an American global fast food restaurant chain restaurant. There’s no chance McDonalds doesn’t pop up in your mind when you think of Burger King. Burger King, considered to have a similar marketing strategy, is growing its market presence slowly but steadily, and is now also establishing itself in developing countries. In this article we will discuss SWOT Analysis of Burger King.

burger king swot analysis

Strength in the SWOT Analysis of Burger King

  • Global Operations: It’s the second largest hamburger fast food restaurant. In the year 1953 Burger King was established in Miami, Florida by David Edgerton and Jim McLamore. The organisation has about 40 subsidiaries that handle franchise activities, acquisitions and financial commitments worldwide. Restaurant Brands International is the parent company of Burger King.
  • Strong network of franchises: Burger King is considered to exist in 100 countries. It has 17796 franchises & outlets owned by the group. Out of 17796 outlets, only 10% are franchise-operated outlets owned by the company.
  • Wide Range of Products: It also offers grilled burgers, breakfast meals, snacks, sandwiches, drinks,  chicken products, in addition to serving burgers in various sizes. In terms of the number of restaurants & revenue, it is the world’s 2nd largest fast food restaurant chain.
  • New Broiler for its outlets: The introduction of new versatile broilers has been completed by the company. Items like extra-thick shrimp kebabs, burgers, fire-grilled items are just a couple of the recent items introduced to their menus by Burger King. In order to have a competitive advantage over other players, the new broilers feature versatile cooking techniques that allow Burger King to prepare virtually any form of food.
  • Good branding-Burger King, like McDonalds, is similarly strong in its branding efforts. As it is still in the stage of growth, there are several areas where it does not have a presence. But in areas where it is present, it is understood that its marketing efforts smartly attract the local audience.
  • 90% of Burger King outlets are owned by franchisees, a tactic that helped them concentrate on innovating their menus rather than thinking about finances. Less capital intensive.

Weakness in the SWOT Analysis of Burger King

  • Decreasing revenues in developed markets: There is a drop in revenue impacting the industry as a whole due to an increase in the health-conscious population. Due to COVID revenues of restaurants and food chains are decreasing.
  • Wide franchisees: Large numbers of franchised outlets contribute to difficulties managing operations, while maintaining quality enforcement is also daunting and conflict-related because it can hamper the brand image of Burger King.

Opportunities in the SWOT Analysis of Burger King

  • Business Expansion: It would be advantageous to grow into emerging markets as developed markets evolve and people become more health-conscious. Targeting emerging economies will be the industry’s future strategy.
  • Market Penetration: By further penetrating the existing market, strengthening its outlet network would allow Burger King to increase its sales and become the number one player in the fast food chain market.
  • Health conscious eatables: While burger king had made his restaurants free of Trans-fats, but still due to growing awareness, healthier menus with fresh low-fat flavour additives would contribute to potential sales growth and revamp the industry.

Threats in the SWOT Analysis of Burger King

  • Competition: Intense competition from Dominos, McDonalds, Subway KFC, local fast food joints and foreign players.
  • Changing customer eating habits: Consumers are becoming more conscious of what to do & what not to do with government & NGO health awareness initiatives that impact the fast food industry as a whole sector.
  • Raw material prices: increases in raw material prices can affect the industry as a whole; there is no exception to the effect on Burger King.
  • Government Norms can also directly affect the business of Burger King.

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SWOT Analysis of Banking Industry [Explained]

SWOT Analysis of Banking industry focuses on strength, weakness, opportunities and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that helps to evaluate business performance of Banking Industry.

Banks are the need of today’s world. Everybody needs banking. Banking fulfills need of Industries and individuals. Bank provides various types of services to the people who are in business or in Service. Banking Industry is taking new shapes to provide financial services to customers. Banking has developed from traditional banks to mobile banking, and internet banking solutions. Banks provide loans to SMEs Individuals and Corporate. For a very long time, one of the oldest remaining styles of financial institution banks has been around.

Banks were originally started as a place where people could easily and securely store their riches. Today , banks have evolved into digital institutions that, from the comfort of your sofa, deliver financial services and goods. Yet, in many ways, the industry still languishes.

We are going to take a look at the strengths and opportunities that the banking industry should take advantage of in this SWOT review. We will also look at the weaknesses & threats of Banking Industry.

So, let’s dive in without further fuss, and take a quick look at the SWOT Analysis of banking industry.

swot analysis of banking industry

Strength in the SWOT Analysis of Banking Industry – Banking Industry SWOT Analysis

Below are the main strengths of the banking sector.

  • Banking Industry is the Oldest Industry : Due to Technological advancement Industries are changing their structure. Banking has also changed its structure and system. Banking Industry has proved to be one of the wide spread and widely acknowledged industry. It has also supported the human race. Banking has adapted and updated itself to suit the new needs. Banks today play a critical and indispensable role in society, from inculcating the habit of savings to helping people with financial instruments.
  • Financial Stability of Nation:In ensuring a nation’s economic growth and financial stability, the banking industry plays a vital role. By fostering prosperity, banks contribute to the economy. They assist the masses to maintain their resources and become important contributors to both the national and international economy.
  • Supplier of Financial Instruments:Banks have a wide range of financial instruments for their customers. Fixed Deposits, Stocks, bonds, insurance and savings accounts are some of the varied products sold by banks. Furthermore, to provide online banking solutions, banks have also embraced and incorporated digital technologies.
  • Good Employment Source and Helps in GDP growth: There is a widespread consensus that perhaps the improvement of the financial system leads to economic growth. Financial development establishes encouraging conditions for growth by either supply-led (financial development stimulates growth) or demand-driven growth. It is this industry that works constantly to ensure financial stability, encourage foreign trade , promote jobs and reduce poverty around the world.
  • Financial Assistance: whether natural calamity or man-made calamity banks alleviate the after-effects of disaster by offering financial assistance to victims to rise up and lead a peaceful life again.
  • Diversified services: the banking sector provides insurance, loan and investment services from Current and Saving Accounts.
  • Connecting People: With the advent of a modern century, technological innovation Banks have made life simpler for a common man. People can transact in many places on a real-time basis.
  • Changing from the position of simple savings & credit facilitator: today’s top bank priorities include regulatory enforcement, improving asset quality, enhancing customer focus, concentrating on digital convergence, and addressing competition from non-banks. Banks are now investing in business and technology to improve their business models.

Weakness in the SWOT Analysis of Banking Industry – Banking Industry SWOT Analysis

  • Global Economics Susceptibility: Due to Exchange Rate changes and changes in world economy banking Industry is effected. It is also seen that slight shifts in the exchange rates of currencies or the spending and saving patterns of the citizens of one major nation can directly impact the entire banking industry.
  • Non Performing Assets: The major weakness of the banking sector is NPAs (Non-Performing Assets). Typically, NPAs denote loans that are not recoverable. This leads to financial losses for the bank, inevitably. For the banking sector and the economy as a whole, NPAs can have a debilitating impact. Developing countries like India face instances of high NPAs that have dealt a significant blow to the nation’s banking industry.
  • Lack of coverage in rural areas: It has been observed that the banking industry focuses more on urban areas in most countries, while rural regions are ignored. In the banking sector, this is a considerable weakness. Villages are now home to a significant majority of the world’s population. In developed countries, this is more. Banks are working in main stream don’t want to concentrate on mainstreams. Banks must try to capture Rural Markets.

Opportunities in the SWOT Analysis of Banking Industry – Banking Industry SWOT Analysis

  • Advancements in Technology: The banking industry has always based on technology. This is evident that digital services provided by banks today are totally based on technology. However, banks should continue to adopt the latest technological advances. To draw future generations, they should focus on putting out newer goods and services.
  • Opportunities for rural growth: One of the banking industry’s weak points is its limited presence in rural areas. But this vulnerability can actually be turned into an opportunity. Banks will increase their customer base considerably by expanding into villages and providing their services to the rural population.
  • Societal Evolution: Both economically and culturally, human society is changing. The needs and demands of customers with increasing income levels are bound to change in this complex landscape. It is necessary for banks to adapt to this changing society. The sector will solidify its position in the future by offering better services.
  • Rising in the private banking sector: the banking industry around the world is highly regulated by Public sector banks and their respective central banks. With the emergence of private sector banks, this sector is experiencing structural and functional shifts, primarily due to the adaptation of new technology and intensified competition, thereby benefiting end-customers.

Threats in the SWOT Analysis of Banking Industry – Banking Industry SWOT Analysis

  • Lack of Cyber Defence Proper: The current banking industry relies entirely on the cyber-world. Whether it is data storage, monetary transactions or personal information, everything is stored digitally. This makes the banking sector a primary target for hackers who are seeking to benefit financially by leveraging flaws in the banks digital infrastructure. Unless banks take effective cybersecurity steps to safeguard their records, they will face a significant cyberspace threat.
  • Competition Stiff: Worldwide, banks face stiff competition. Not only from other banks, but also from institutions like Non-Banking Financial Companies that sell a range of financial products that are not available to all banks. This has contributed to a change of the consumer base from banks to NBFCs, which are more embraced by the new skilled breed.
  • Global Uncertainty in Economics: The world is going through difficult economic times at present. The international banking sector has all been affected by trade wars, protectionist policies, and economic downturns. If the world’s economic conditions do not change, banks will face a bleak future.
  • Recession: This is one of the biggest challenges to the nation’s financial system. The traumatic shock of economic crises and the collapse of a number of companies will impact the banks and vice versa.
  • System stability: the failure of certain poor banks has also undermined the stability of the system.
  • Government Regulations can directly effect the Banking Sector of a country.

Conclusion

Banking Industry is one of the fastest changing and growing industry in the world. Banks are adopting new technologies to increase their business. They have also contributed in general to the world’s economic growth.

But their own shortcomings, such as NPAs and a lack of adequate rural presence, must be tackled. The good news is that by providing quality service and growing into untapped regions, they will work towards turning these weakness into opportunities.

This would allow them to counter the global challenges of recessions and intense competition more effectively. Another factor that banks have to take care of is ensuring that their digital infrastructure is up-to-date and running correctly. The banking industry will therefore ensure that it continues its successful march. Banking is changing due to UPI payments and Payment Wallets like PhonePe,Amazon Pay, PayTM, etc.

This would allow them to counter the global challenges of recessions and intense competition more effectively. Another factor that banks have to take care of is ensuring that their digital infrastructure is up-to-date and running correctly. The banking industry will therefore ensure that it continues its successful march. Banking is changing due to UPI payments and Payment Wallets like PhonePe,Amazon Pay, PayTM, etc.

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SWOT Analysis of Cadbury [Detailed]

SWOT Analysis of Cadbury focuses on strengths, weaknesses, opportunities, and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that enables a company such as Cadbury to evaluate its business performance against competitors and the industry.

Cadbury is one of India’s leading Chocolate brands, and so there’s no denying that Cadbury’s strengths and prospects are much greater than weakness and threats. Let us dive deeper into Cadbury’s SWOT.

swot analysis of cadbury

Strengths in SWOT Analysis of Cadbury – Cadbury SWOT Analysis

  • World leader: Cadbury is the leader in chocolates worldwide. Cadbury is considered to have the best production and a large distribution platform, and has a presence in 160 or more countries.
  • Strong Brands and products: Cadbury has several strong brands such as dairy milk, Bournvita, Oreo, Five Star and others in its product range. The goods are high quality goods and some of them are Cadbury’s cash cows.
  • Cadbury goods are endowed with great brand loyalty, brand name, brand value and brand loyalty. Cadbury has created its good brand image among the customers because of its marketing and good branding. Cadbury products are high in price because of its quality. Cadbury has several brand names are known worldwide and are demand of Cadbury Chocolates is very high.
  • Positioning as gift: Cadbury’s has a good range of chocolates boxes and packs for gifting. Some off the chocolates for gifting purpose are Cadbury Dark Milk, Cadbury Celebrations, and Cadbury Rich Dry Fruits over the years is that these chocolates are placed for gifting. The new bournville, in particular, focuses entirely on the gifting role. Cadbury has safely isolated itself from the rest of its rivals because of this smart approach.
  • Promotions: Cadbury has one of the best promotions in the FMCG sector with an impressive tag line of “kuch meetha ho jaye” along with fantastic events. This also gives Cadbury power because it offers excellent brand recall.
  • Cadbury is one of the few brands that have such a strong link with the Indian customers. Home, friends and love are all important aspects of life for Indians. And to communicate with the Indian audience, Cadbury has always concentrated on emotional marketing.
  • Placement and distribution: Cadbury has a superb distribution strategy in place and uses the strategy of splitting the bulk, like all FMCG businesses. It is not a small feat to be shipped to 200 countries with a range of more than 40 versions. And for the past few years, Cadbury has been doing the same. Cadbury in India is considered to be the best in terms of its distribution network.
  • Dealer Community: Cadbury has a good partnership with its dealers which not only supplies them but also focuses on promoting the products and training of the company.
  • Entering new markets: Creative teams from Cadbury have helped it to come up with new products and reach new markets. In the past it was successful, in most of the initiatives it took in new markets.
  • Website: Cadbury has a well-functioning and engaging website that attracts a huge amount of traffic and sales on the internet.
  • Social Media: Cadbury has a strong social media presence with over millions of followers on the three most prominent social networking platforms: Facebook, Twitter and Instagram. It has a high degree of customer engagement with low customer response time on those channels.
  • Product Portfolio: Cadbury has a broad selection of products where it sells products in a wide variety of categories. It has a range of exclusive product deals which competitors don’t have.

Weaknesses in SWOT Analysis of Cadbury – Cadbury SWOT Analysis

  • A brand like Cadbury is supposed to have much strength and few weaknesses, as described previously, and the same is the case. The limitation of Cadbury is its rural distribution, provided that India has more rural regions that can be covered very widely.
  • Around the same time, a few incidents have occurred here and there depending on the nature of the commodity in which cockroaches or other rodents were found in the chocolate. It is inexcusable for a brand like Cadbury to display such arrogance because quality management should not be abandoned at all by such tainted chocolates. Quality management must therefore be improved.

Opportunities in SWOT Analysis of Cadbury – Cadbury SWOT Analysis

  • Rural markets: Rural market penetration and distribution in rural markets can be a great opportunity for Cadbury. It is present in foreign countries and Cadbury needs a rural presence that will increase the presence and turnover of its brands.
  • Fresh Tastes: Indian customers have a sweet tooth and like to eat small chocolates and chocolate bars sometimes. On top of that, there are different flavours that customers prefer. Therefore, new tastes and new flavours are an opportunity that Cadbury will deliver on a regular basis.

Threats in SWOT Analysis of Cadbury – Cadbury SWOT Analysis

  • Cost and price rise: Distribution prices have risen with an increase in fuel prices as well as shipping costs. At the same time, sourcing and production costs are also high. The persistent rise in costing and therefore pricing of the product is also a challenge to Cadbury over the years, as it creates a vacuum for other businesses to join.
  • Health awareness on the rise: Among the Indian population , health awareness is on the rise. Instead of eating chocolates, many people enjoy consuming health juices as well as fruit. You will see articles every week on news papers and blogs that warn against eating chocolate and spread the advantages of remaining healthy. Around the same time, many parents avoided offering their children chocolates, looking at the adverse effects.
  • Cadbury has spent years having the role of a gift on festivals and holidays, decreasing the importance of festivals. What happens when these festivals decline in importance? Chocolate sales are also decreasing.
  • Increasing demand for individuals, increasing buying power. Nowadays, if you give children a cookie, they are likely to need a toy car, a bicycle or a device for a young adult. Thus, the demands for presents have also risen in value with a rise in buying power, and just a chocolate will not suffice. This is a hazard, too, to Cadbury.
  • Change in government rules and policies can have a direct impact on the company.
  • Competitors pricing and similar Competitive products is a major challenge to the company.

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SWOT Analysis of Reliance MediaWorks Limited

SWOT Analysis of Reliance MediaWorks Limited gives emphasis on strength, weakness, opportunities and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that enables Reliance MediaWorks Limited to evaluate its business performance against competitors and the industry.

Reliance MediaWorks Limited is a Entertainment and Film Services company of Reliance Group. Reliance Acquired Adlabs and renamed it as Reliance MediaWorks Limited in the year 2009.Reliance MediaWorks has setup 3D IMAX Screen in Mumbai. This 3D IMAX is the world largest screen.

swot analysis of reliance mediaworks

Strengths in the SWOT analysis of Reliance MediaWorks Limited

  • The pioneer of multiplex theaters in India is Fame Reliance MediaWorks Limited. Delicacies that are a combination of Indian and Western snacks and mini-meals are served by weekend specialty food counters. Discounts are regularly made available at different restaurants with exclusive promotional deals.
  • Site administration: This is used to update a specific week’s cinema schedules, and to initiate and close a particular movie’s online ticket booking. The website’s information layout can also be dynamically altered, according to priority. Reliance MediaWorks Limited has a call center available for all 7 days of the week and the organisation also offers home delivery services.
  • Movie schedule: Users can view an entire week’s movie schedule, as well as the ‘next update’ Fame Cinemas movies for which online ticket booking is available. Weekly movie schedules are distributed via e-mail to registered users.
  • Customer profiles: The website has a facility for gathering data on the personal interests of users relating to films. On the basis of this information, selective film information can be sent to users who have registered via e-mail on the website.

Weaknesses in the SWOT analysis of Reliance MediaWorks Limited

  • Alternate media, such as CDs and DVDs, are becoming popular, rendering the company unattractive. More precisely, this is because the pirated version of the movies is readily available at a low price.
  • Reliance MediaWorks Limited seems to have made the mistake of not trying to rapidly extend its customer base beyond Sector V. In eastern India, the Reliance MediaWorks Limited brand also does not have an immediate recall.
  • Theatre success is movie-specific, and with bad movie scripts it can tilt towards disappointment.

Opportunities in the SWOT analysis of Reliance MediaWorks Limited

  • Given the low quality that currently exists across locations, there is a strong demand for theaters across the country. Many theaters are also able to open in cities of B and C Categories and venture into small towns as well. With 68 screens now, Fame has 18 properties in total,
  • With nearly a hundred multiplexes coming up in the country, the market is now largely ready for international films.
  • If lower pricing power is not transferred to the consumer, elimination of entertainment tax advantages may endanger profitability.

Threats in the Reliance MediaWorks Limited SWOT study

  • The current competition is for Cinemax, Inox, PVR and Shringar cinemas. One of the main metrics for performance is efficiency or utilisation rate, given this degree of competition.
  • For each of these rivals, there is no firm pricing strength. Given that the price can not be reduced to a ‘non-multiplex’ rate, the downside price is also sacrificed in order to maximise volumes. Competitors are also very rapidly expanding. Incase, they are represented in most areas , especially in prime areas, that Reliance MediaWorks Limited operate, this can lead to loss of company.
  • Government policies can directly effect the Reliance MediaWorks Limited.

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SWOT Analysis of Ferrero Rocher [Explained]

SWOT Analysis is a validated framework that enables Ferrero Rocher to evaluate its business performance against competitors and the industry. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis of Ferrero Rocher explores the strengths, weakness, opportunities and threats. Ferrero Rocher is the most deliciously packaged and tastiest chocolates in the market.

Strengths in SWOT Analysis of Ferrero Rocher

  • Ferrero rocher’s chocolates are considered to have the same flavour, whatever part of the globe you buy them, offering a quality and luxurious product.
  • Knowledge of the popular Ferrero brand
  • The distribution of this chocolate is great as it has spread far and wide and the boxes are accessible everywhere. The market share of packaged chocolates is immense.
  • Available in 3, 12, 18 and 24 piece packaging, the different package sizes are advantageous as you can change the sizes according to their meaning when gifting others.
  • Considered an ideal gifting product, very few chocolates were able to accomplish that because of the competition in that room. But in the gift room, Cadbury and Ferrero Rocher lead.
  • Because of its packaging, Ferrero Rocher earns instant customer recognition. Another point that is commendable is that the chocolate melts rarely and at very high temperatures, and the consistency is normal even at room temperature.
  • Available for both seasonal and special occasions in a number of new packages.
  • Two new brands, Ferrero Cappuccino and Ferrero Rond Noir, have been introduced by Ferrero Rocher.
swot analysis of ferroro rocher

Weaknesses in SWOT Analysis of Ferrero Rocher

  • Highly priced- It is higher priced relative to other alternatives. But to achieve its premium image, that’s normal, but it does affect turnover.
  • A major negative for Ferrero Rocher is that it is rarely marketed and thus, due to the effect on brand recall, it loses its market share to other rivals.
  • Perception of unhealthy chocolates in most masses
  • Easily inaccessible

Opportunities in SWOT Analysis of Ferrero Rocher

  • The launch of new flavours would help to gain greater market share
  • Advertising may be performed on the net or also on other media vehicles to boost demand in order to increase the use of the internet. This should make use of the latest surge of e-commerce.
  • Increase in demand for the impulsive pack of three pieces

Threats in SWOT Analysis of Ferrero Rocher

  • Ferrero Rocher imitation
  • High competition from other brands of chocolate
  • The trends in chocolate replacement for nutri-bars-a big challenge to Ferrero Rocher’s likes, whose brand equity depends only on their chocolates.
  • Government Norms for Food and Confectionery Industry can directly impact the company.

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SWOT Analysis of DNA [Explained]

SWOT Analysis of DNA gives emphasis on strength, weakness, opportunities and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that enables Newspaper like DNA to evaluate its business performance against competitors and the industry.

Daily News and Analysis (DNA) began as a newspaper with a bang. Excellent marketing and recognition of Newspaper. But it was quickly overtaken by other newspapers later on. DNA Over Pledged and Under Pledged. Here is the SWOT of DNA ‘s media brand.

swot analysis of dna

Strengths in the SWOT Analysis of DNA – DNA SWOT Analysis

  • Efficiency and satisfaction of customers-DNA is a newspaper that relies on its efficiency and also on consumer satisfaction. As a straight forward newspaper with the right words to say, it has always advertised itself.
  • Strong investment in research-they have introduced systems that are heavy in research as per DNA and hence often report the right things.
  • Market share in Mumbai- In Mumbai, DNA has a large market share. Their distribution in Mumbai itself is 15 lakh readers, as per them.
  • Strong brand equity- In the urban areas where it is aimed, DNA has a strong brand equity.
  • Amazing release-DNA had one of the best newspaper releases in history with a lot of hoopla surrounding it. With its emphasis on “truthful news,” DNA started saying that it is “to speak out” in your DNA. DNA later on, however, did not build on the fantastic start it had.
  • Automation: has enabled more effective resource utilization and cost reduction from various stages of production. It also enables its goods to be consistent in quality, and offers the flexibility to scale up and scale down production as per market demand.
  • Trained Employees: DNA has invested heavily in its Employees training, which has resulted in it hiring a significant number of professional and motivated workers. Has a diverse workforce, with people of many ethnic, racial, cultural and educational backgrounds who help the organization bring in various ideas and methodologies to do things. Has trained and certified competent teamworkers.
  • Social Media: DNA has a strong social media presence with over millions of followers on the three most prominent social networking platforms : Facebook, Twitter and Instagram. It has a high degree of customer engagement with low customer response time on those channels.
  • Website: DNA has a well-functioning and engaging website that attracts a huge amount of traffic and sales on the internet.

Weakness in the SWOT Analysis of DNA – DNA SWOT Analysis

  • Compared to other newspapers, DNA is expensive, which is a major disadvantage of the publication.
  • Focuses more on entertainment. DNA is consistently found to concentrate more on entertainment news, which is a diversion, compared to serious news.

Opportunities in the SWOT Analysis of DNA – DNA SWOT Analysis

  • Covering more areas-A choice for DNA could be to cover more serious areas. And once it starts doing that, of course, its success would increase.
  • In other age groups, DNA mainly targets middle-aged people, but women and people of all age groups need to be targeted. It needs to be a complete newspaper.
  • Publishing in other Indian cities. DNA is only present in select cities in India as of now. And that, too, in 7-8 towns only. Given India’s population and potential, this is much less significant. It should, therefore, cover the ground as much as possible.

Threats in the SWOT Analysis of DNA – DNA SWOT Analysis

  • So many rivals in the media industry: “Dainik Bhaskar’s” Times of India” “The Hindu “mammoth brands are still fighting among themselves and not allowing new brands to set foot.
  • Competitors with lower costs: In other labels, the cost or even the value for money is greater than DNA. And DNA must either lift the value given or lower the price
  • Brand at a loss: The lower expansion rate will impact DNA’s brand value very quickly and it will find it difficult to grow at all.
  • Government Norms are the major threat to the newspaper.
  • Copyright infringement can also be a major threat.

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SWOT Analysis of Colors – Colors SWOT Analysis [Explained]

SWOT Analysis of Colors gives emphasis on strength, weakness, opportunities and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that enables a Entertainment channel like Colors to evaluate its business performance against competitors and the industry.

Colors is one of India’s leading general entertainment network. There are some aces up his sleeves at Colors. Let us explore the Colors SWOT review.

swot analysis of colors

Strengths in the SWOT Analysis of Colors – Colors SWOT Analysis

  • In terms of the quality of the shows and TG, the channel is not cluttered. They know who their TG is, and to meet the TRP’s, they use their means well.
  • It’s a great accomplishment to be profitable in its 1st year of launch.
  • Because of Balika Vadhu, Big Boss, and India’s Got Talent, Naagin, Prime Time Slot is doing extremely well.
  • The quality of their shows that support them is very different from Saas Bahu serials.
  • Mass appeal at the same time in rural and urban India.
  • Automation: has enabled more effective resource utilization and cost reduction from various stages of production and casting.
  • Trained labour force: Colors has invested heavily in its workforce training, which has resulted in it hiring a significant number of professional and motivated workers.
  • Has a diverse workforce, with people of many ethnic, racial, cultural and educational backgrounds who help the organization bring in various ideas and methodologies to do things.
  • Colors Channel has a wide network and well established IT Infrastructure to compete with other established entertainment channels.
  • Social Media: Colors has a strong social media presence with over millions of followers on the three most prominent social networking platforms : Facebook, Twitter and Instagram. It has a high degree of customer engagement with low customer response time on those channels. Colors is also doing extensive advertising on Google Ads.
  • Website: Colors has a well-functioning and engaging website that attracts a huge amount of traffic and sales on the internet.
  • Colors Entertainment is available in various languages for its viewers.

Weakness in the SWOT Analysis of Colors – Colors SWOT Analysis

  • There are not many Colors demonstrations that appeal to the kids. But the audience’s big chuck is lost.
  • Second, they do not have a partnership with any Indian DTH service provider. Example: In North India, where they do not currently have a set-up.

Opportunities in the SWOT Analysis of Colors – Colors SWOT Analysis

  • Untapped TG between the ages of 16 and 24, essentially the TG of Star One with shows focused on youth. Colors will come up with shows focused on youth.
  • Once again, the opportunity lies in becoming the No.1 GEC in India with ongoing growth and new shows to appeal to a different TG.

Threats in the SWOT Analysis of Colors – Colors SWOT Analysis

  • Not stable at the place of No.1. The TRP’s of Colors change each week. It is a major challenge to them because, with Sach Ka Saamna, Bidaai and Yeh Rishta Kya Kehlata Hai, the competition from Star Plus is high. Needs to stable for a longer time at No.1.
  • There are no major TV faces like Rajeev Khandelwal, Smriti Irani, etc. in Colors. Audiences still love them, and if Colors take this lightly, in the near future, it may be a huge challenge to them.
  • Government Policies can have direct impact on channels.
  • Copyright infringement for content can also be a threat.

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SWOT Analysis of Himalaya Drug Company [Explained]

SWOT Analysis of Himalaya Drug Company gives emphasis on strength, weakness, opportunities and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that enables a brand such as Himalaya Drug Company to evaluate its business & performance against competitors and the industry.

Himalaya Drug Company was founded in 1930. It is based in the city of Bangalore, India. It has a delivery network set up in more than 90 countries across the globe.  Himalaya drug company is a close competitor of Patanjali India. Himalaya is a renowned brand in Ayurvedic product market.   

swot analysis of himalaya drug company

Strengths in the SWOT Analysis of Himalaya Drug Company

Strength in the SWOT Analysis helps to understand the core business areas where it outperforms and has a competitive advantage in the market. Strengths are generally the core competence of the business.

  • Place is a huge good factor for the company – the place provides an extra bonus to the company as it is situated in the foothills of the Himalayas, which gives a totally different message to consumers that it is organic in nature.
  • Consumer Experience is optimistic – the identity of the company produces a positive experience in the eyes of the customer and, once again, the goods are made in the foothills, which further strengthens the confidence in the brand.
  • First Mover Benefit – The company has jumped into competition by becoming the number in the frozen food service market.
  • Distribution and Reach: In almost every state, Himalaya Drug Company has a large number of dealers, backed by a strong distribution network that ensures that its goods are readily accessible to a large number of consumers in a timely way.
  • Cost structure: The low-cost structure of Himalaya Drug Company allows it to manufacture at a low cost and to sell its goods at a low price, making it affordable to its clients.
  • Return on Capital Expenditure: In the past, Himalaya Drug Company was able to effectively produce positive returns on the capital expenditure it spent on different ventures.
  • Automation: has enabled more effective resource utilization and cost reduction from various stages of production. It also enables its goods to be consistent in quality, and offers the flexibility to scale up and scale down production as per market demand.
  • Trained labor force: Himalaya Drug Company has invested heavily in its workforce training, which has resulted in it hiring a significant number of professional and motivated workers.
  • Entering new markets: Creative teams from Himalaya Drug Company have helped it to come up with new products and reach new markets. In the past it was successful, in most of the initiatives it took in new markets.
  • Social Media: Himalaya Drug Company has a strong social media presence with over millions of followers on the three most prominent social networking platforms : Facebook , Twitter and Instagram. It has a high degree of customer engagement with low customer response time on those channels.
  • Website: Himalaya Drug Company has a well-functioning and engaging website that attracts a huge amount of traffic and sales on the internet.
  • Product Portfolio: Himalaya Drug Company has a broad selection of products where it sells products in a wide variety of categories. It has a range of exclusive product deals which competitors don’t have.
  • Himalaya Drug Company geography and location give it a cost advantage in servicing its customers as compared with the competition.
  • Research and Development: While Himalaya Drug Company is investing more than the industry’s average expenditure on research and development, it is investing much less than a few market leaders who have had a major advantage as a result of their revolutionary goods.
  • High Day Sales Inventory: The time it takes to buy and sell goods is higher than the industry average, which ensures that inventory builds up adding additional costs to the company.
  • Rented Land: A large proportion of the property owned by Himalaya Drug Company is leased instead of bought. It has to pay huge sums of rent to add to its expenses on those.

Weaknesses in the SWOT Analysis of Himalaya Drug Company

This is the pain field in a company where it has no money or expertise. Business must work on these areas so that they are not left out of competition. While there may be any or other vulnerability, it should not be an environment that keeps the company out of the competition.

  • Big Working Capital – Company requires huge capital to run and thus there is a constant demand for cash flow that is needed to provide end goods to the consumer.
  • High dependency on raw materials – There is a high dependence on raw materials which are seasonal in nature and thus the non-availability of raw materials adds to the hindrance in the manufacture of products and therefore adds to the cost of food as raw materials need to be over-cultivated and processed in order to be conserved.
  • High Crop Sensitivity – Crops are highly sensitive to preservatives and pesticides used to enhance cultivation, and therefore there are high costs involved in the production of raw materials as there are potential crop losses.

Opportunities in the SWOT Analysis of Himalaya Drug Company

This helps to understand what other things a business can do with current skills and resources. It helps the company to know the areas where it can expand and take the lead in order to diversify the business and expand the customer base.

  • Global markets – Industry can grow internationally as there is a ready demand for organic goods. Customer preferences are changing and, as a result, proper marketing can bring great benefits to the business.
  • Changing Demographics and Segmentation Factors – Sector may be advantageous due to the changing lifestyle of customers who are leaning towards organic goods and are thus on the rise in the industry.
  • Marketing and promotion – The business is born in nature and, thus, through proper marketing and promotion of the goods of the business, it is possible to grow and place the goods in a better way by using organic products.
  • Growing Demand of Ayurvedic Products: In India and world demand of ayurvedic products is increasing year by year which is a great opportunity for the company.

Threats in the SWOT Analysis of Himalaya Drug Company

  • This article helps to explain the sectors that could have an impact on industry in the future or immediately. Business must therefore prepare itself to deal with the threats in the market landscape. Competition or an growing number of competitors in the market with the same value proposition is a challenge to company as it directly decreases consumer base and sales
  • Inventory costs are high – Market expenses are growing high because the cost of production is high, since it requires a massive investment in seed growth and so the cost of inventories is high.
  • New entrants – While the sector is evolving and a lot of study has taken place in this area, a range of well-established foreign competitors have been drawn to join the market and will thus pose a challenge to company.
  • High Cost of Goods – There is a financial downturn in the world and, since products are expensive, customers need a lot of pressure to realise the value of products so that they can use them.

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SWOT Analysis of Sunsilk – Sunsilk SWOT Analysis [Explained]

SWOT Analysis of Sunsilk give emphasis on strength, weakness, opportunities and threats. Strength and weakness are the internal factors opportunities and threats are external factors.

SWOT Analysis is a validated framework that enables a brand such as Sunsilk to evaluate its business & performance against competitors and the industry.

Sunsilk is one brand that is known to love your hair. Sunsilk helps get hairs straight,  curly, smooth and silky or just the way you like it. Sunsilk is also known as hair care experts of the century. Sunsilk is a leading hair care brand of Hindustan Unilever Limited and works with different brand names. It is known in Latin America as Sedal, in Turkey as Elidor, and in Brazil as Seda. The Sunsilk brand was founded in 1964 and is a multinational brand with a footprint in 80 countries. Sunsilk brand offers a wide range for hair care solution and acts as a three – step combination of washing, nourishing and manageability.

Let’s discuss SWOT Analysis of Sunsilk:

swot analysis of sunsilk

Strengths in the SWOT Analysis of Sunsilk – Sunsilk SWOT Analysis

  • One of the main fact of Sunsilk is its marketing campaign. Sunsilk bring in hair care specialists to develop each form of their shampoo and a global hair care specialist endorses each of their shampoos. In addition, the advertisements are so designed that each expert in hair care is naturally, though they have used a special marketing approach, they are known as the hair care specialists around the world. They are known as the specialists in hair care. The term “Expert” holds a weight and thus, as they wash their hair with Sunsilk Shampoo, people really look forward to a good experience. And Sunsilk does not, more often than not, disappoint.
  • High Brand Recall- Sunsilk is well ahead of its brand recall than its rivals due to its repetitive ads and glitz and glamour in its ads. Sunsilk has colourful packaging and on the shelf, which is appealing because it comes out with different price benefits that get it off the shelf faster.
  • Industry Leader: Sunsilk is the industry leader in many countries. In Asia , the Middle East and Latin America, it is very strong and is number 1 in India , Brazil, Pakistan, Bolivia, Bangladesh, Argentina, Sri Lanka, Indonesia , and Thailand. It is, in reality, the top brand in the eyes of billions of individuals.
  • Good Marketing Strategy: Sunsilk uses both Push and Pull Strategies to market its products. Sunsilk’s point of purchase advertising is fantastic and you’ll usually also find demonstrators in modern retail outlets. Sunsilk has used neighbourhood plans to shape a neighbourhood focused on its goods, such as gangs of children.
  • Use Celebrities for Brand Endorsement: Many of Sunsilk’s brand ambassadors are top celebrities such as Madonna, Shakira, Priyanka Chopra, etc. Sunsilk uses hair experts they creates brand image of sunsilk as a best product available in the market.
  • Variants: Sunsilk has different shampoo brands and matching conditioners. A different purpose is served by each of them. Others will instil vitality in your hair, some will smooth out your hair, others will fix your dry hair issues, and eventually, others will struggle with poor hair or split ends. Sunsilk offers wide range of shampoos for thick and long hairs, soft and smooth hairs. Sunsilk also provide solution for hairfall and damage repair and Sunsilk also has blackshine shampoo.
  • Large distribution Network: Sunsilk has widespread distribution because of the combination of items that are supplied by every HUL dealer. It is sold digitally via E-commerce as well as online grocery stores. Sunsilk is sold through modern small and big retails and traditional channels. HUL has also managed to reach in rural areas to give a tough competition to its competitors.
  • Deep pockets: Sunsilk has deep pockets because of HUL ‘s support. In many regions, the brand is still the industry leader, driving strong sales as a result.
swot analysis of sunsilk - 1

Weaknesses in the SWOT Analysis of Sunsilk – Sunsilk SWOT Analysis

  • Competition: While sales are very high for Sunsilk, competition and the relentless need to produce noise are eroding the bottom line of all brands in the Skin Care market. When we trace the BCG matrix of the Hair Care segment, Sunsilk is a bright and shining star. However, in order to retain a significant market share in a wide market, advertising must be sustained, and it is where the significant costs are incurred. Distribution is the second cost, in addition to advertising, which eats up margins a lot.
  • Differentiation becomes difficult-The distinction in the hair care segment is becoming difficult due to the numerous product lines present from HUL, P&G, Godrej and other brands. Thanks to the idea of co-creation and thanks to the uniqueness of using hair care professionals, Sunsilk still owns its own. But soon the novelty will wear off and the use of brand ambassadors will be back to square one. Differentiation, however, would again become troublesome.
  • Brand switching- In the hair care market, there is high brand switching, thereby resulting in higher consumer acquisition costs. Because the customer could quickly shift to another brand once you acquire a customer. As distinction is complicated, brand loyalty is dropping.

Opportunities in the SWOT Analysis of Sunsilk – Sunsilk SWOT Analysis

  • Sunsilk is targeting women’s Sunsilk can also target the market for men’s shampoo.
  • Gang of girls is a group idea by Sunsilk to get people together and form a community around the brand they love-Sunsilk. Improving penetration in the female category. In today’s day and age of the internet, such ideas are sure to be a success and this would increase the brand’s follow-up and will boost brand loyalty and thereby brand penetration. Due to the excellent quality of Sunsilk shampoo, many women are brand loyal of Sunsilk shampoo.
  • Improve rural penetration-Packaging plays an important role in rural penetration where the size of the product is large and should be available in sachets of 1 rs. Where urban areas require discounts on larger purchases, rural areas may make purchases of 1 sachet once a week. By penetrating Rural India, HUL has implemented several strong measures and reaped benefits, something P&G is yet to do.
  • Maintaining the brand image-Because Sunsilk is in a great position, this in itself can bring more sales. If it exists like this for a few more years to come, it will drive a lot of money for itself to make it a failure-proof brand with deep pockets.
  • Geographical expansion-As new nations continue to grow and emerge from poor economic zones, this creates new opportunities for brands that want to move from saturated economies to developing economies. This keeps the business in ever-growing stage. Geographic expansion is a sure-fire way to minimize your risks.

Threats in the SWOT Analysis of Sunsilk – Sunsilk SWOT Analysis

  • Increased distribution and maintenance costs-The costs of distribution and activities often escalate as the costs increase.
  • Sunsilk faces the dilemma that it has internal as well as external competition from external and internal competition. Within HUL, it has competition from Dove, Transparent and Clinic Plus internally. Externally, it has competition from Head and Shoulders and Pantene.
  • Government Norms can also directly affect Sunsilk.

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