Organization structure is only compatible with present business model thus limiting expansion in adjacent product segments. Free resources to assist you with your university studies! Info: 2868 words (11 pages) Essay In this comprehensive SWOT analysis of the Internet of Things, I uncover the many strengths, weaknesses, opportunities, and threats within this new technology and find out what makes it tick — and how it may actually be a ticking time bomb. GCC has a significant investment in Thailand and is therefore subject to the political instability there. CNN pioneered the concept of a … Stable free cash flow provides opportunities to invest in adjacent product segments. 2. This approach also suffers from one major drawback - it focus on individual importance of factor rather than how they are collectively important and impact the business holistically. Automation of activities brought consistency of quality to General Cable products and has enabled the company to scale up and scale down based on the demand conditions in the market. Each of the categories is explained in details to see how it will impact the business or give it a competitive advantage. This diversified product offering helps reducing the impact of market volatility in one particular product segment and provides economic stability. The company has not being able to tackle the challenges present by the new entrants in the segment and has lost small market share in the niche categories. Nonetheless, the company must address the critical issues shown in the SWOT analysis, to ensure long-term success, considering … However, GCC has been fighting these lawsuits for the past 20 years and therefore have the experience in defending itself against these lawsuits. Here is the SWOT Analysis of Automobile Industry:.. Cable & Wireless Communications Ltd - Strategic SWOT Analysis Review provides a comprehensive insight into the company's history, corporate strategy, business structure and operations. SWOT Analysis is a proven management framework which enables a brand like Time Warner Cable to benchmark its business & performance as compared to the competitors and industry. General Cable is one of the leading cable companies that support alternative energy by creating products that provide solutions in the alternative energy sectors. SWOT, an acronym for strengths, weaknesses, opportunities and threats, is an analysis method used in many industries to assess business functions. Second largest entertainment industry in world in terms of number of film produced and cinema tickets sold. Opening up of new markets because of government agreement – the adoption of new technology standard and government free trade agreement has provided General Cable an opportunity to enter a new emerging market. Based on Fern Fort University extensive research – some of the strengths of General Cable are –. The company is involved in development, managing and operations of cable networks since 1963. A comparative example could be - GE healthcare research helped it in developing better Oil drilling machines. Therefore the litigations faced by GCC is considered as a considerable threat. As the demand for bandwidth increases to support the increasing need for global connectivity and communication, the demand for GCC products will inevitably surge. Swot Analysis Of Spice Industry. Cablevision SWOT Analysis Cablevision Strengths Below are the Strengths in the SWOT Analysis of Cablevision: 1.Leading telecommunications, media and entertainment company. Creately diagrams can be exported and added to Word, PPT (powerpoint), Excel, Visio or any other document. SWOT Analysis OF TCS Key Differentiators of TCS Pioneer in the industry & Brand Having started in 1968, TCS has established himself as the industry leader. You can email us to get an example document of Weighted SWOT analysis. The biggest markets and contributors of income are the United States and Spain markets. No matter your industry, SWOT can be a valuable tool to gain useful insights about the market, your competitors and your overall business performance. We make beautiful, dynamic charts, heatmaps, co-relation plots, 3D plots & more. Growing strengths of local distributors also presents a threat in some markets as the competition is paying higher margins to the local distributors. Netflix’s Strengths – Internal Strategic Factors. Below is the SWOT diagram. SWOT Analysis: Theory SWOT is a strategic analytical tool for assessing strengths and weaknesses of a business, analyzing opportunities available to the business, as well as, threats faced by the business. Any unanticipated problems and interruptions with this supplier could have a material adverse effect on GCC. India stands at 3rd position of television market in the world with US$ 7.9 billion in revenue and 168 million television households representing a huge customer base. GCC has been involved in numerous commodity hedging programs to shield itself from volatile copper and other raw material prices. This inevitably posed as a problem for GCC to smoothly operate in Thailand and may negatively impact the financial health of Thailand’s operation. The regulations range from import and export rules, individual government policies on the industry, environmental laws, to electronic or telecommunication rules. However it seems that GCC is reluctant to do so, based on the statement in the 2008 annual report that identifying and accessing alternative suppliers may increase their costs. Highly skilled workforce through successful training and learning programs. Marketing managers need to segregate any business information into appropriate four quadrants of SWOT (Strengths, weaknesses, opportunities & threats). You use this tourism SWOT diagram to analyze opportunities and threat to tourism in your country or region.--You can edit this template and create your own diagram. With more cash in bank the company can invest in new technologies as well as in new products segments. Unequal Wealth Gap. It also allows GCC to not depend on a certain geographic markets and helps reduce business risks considerably by spreading its revenue sources. Exploit opportunities. In order to remain competitive in the industry, GCC has to not only maintain its strengths that give it a competitive advantage, but it also needs to capitalize on the opportunities available to the firm. In the past 20 years, GCC has had no cases proceed to verdict from those lawsuits and in many cases, was dismissed as a defendant. This is the SWOT analysis of CNN. 2. SWOT analysis a highly interactive process and requires effective coordination among various departments within the company such as – marketing, finance, operations, management information systems and strategic planning. This is one of the. We've received widespread press coverage since 2003, Your UKEssays purchase is secure and we're rated 4.4/5 on reviews.co.uk. The SWOT analysis is part of a company's strategic planning process where it connects its objectives and strategies to actionable tactics carried out by employees. Earlier this year, GCC acquired a major stake of Phoenix Power Cables, a cable manufacturer in Durban, South Africa as one of the moves to further diversify its market and increase its business and presence in Sub-Saharan Africa. In light of the above mentioned limitations of the SWOT analysis / matrix, corporate managers decided to provide weightage to each internal strength and weakness of the firm. Strong distribution network – Over the years General Cable has built a reliable distribution network that can reach majority of its potential market. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. Wide product breadth is also another strength in that it helps reducing the impact of market volatility in one particular product segment and provides economic stability. Do you have a 2:1 degree or higher? The strengths, weaknesses, opportunities, and threats are identified and evaluated to determine the ways to capitalize, improve, or avoid these factors to strengthen General Cable as a company. As it was discussed in previous section, however, global presence is also a weakness for GCC. Evolving industry: Automobiles speak to opportunity and monetary development. With the focus of long term growth however, it is predicted that there will be increasing population and wealth emerge from the developing countries so GCC has been focusing on diversifying geographically.1 The recession in the United States and slow market in Spain proved that diversifying geographically has been an excellent move. Exam One Exam One Kelly Newton June 13, 2019 BUSN 499-VL4 2019 Summer Semester Professor Alexander Manga 1. SWOT analysis examples help to get a jump start for those who want to conduct SWOT Analysis for any business. One of the reason why the days inventory is high compare to its competitors is that General Cable is not very good at demand forecasting thus end up keeping higher inventory both in-house and in channel. Overview. An article from ‘IT News Africa’ states that the demand for international connectivity has been much higher than anticipated, which proves there is a definite need for all the international cables global high-speed.7 Internet users will also increase as the emerging markets become more wealthy and require faster connection. General Cable has to build internal feedback mechanism directly from sales team on ground to counter these challenges. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. In late 2006, Thailand’s elected government was overthrown which created a lot of unrest and instability in the nation. GCC transforms basic raw materials such as copper, aluminum, petrochemicals and steel into highly engineered wire and cable products. Litigations that GCC is involved in is also a threat to the firm’s operation and financial performance if and when it is found guilty. The General Cable is one of the leading organizatations in its industry. Dental Industry SWOT Analysis Post-COVID-19. The most common approach to swot analysis is to simply brainstorm each list. B. This lack of choice can give a new competitor a foothold in the market. However, the rising raw material prices and volatility in the commodity market could pressurize the company’s profit margins, thus posing a threat to the firm. General Cable maintains its prominent position in market by carefully analyzing and reviewing the SWOT analysis. New environment regulations under Paris agreement (2016) could be a threat to certain existing product categories . Furthermore, it will help you identify new opportunities and spot potential threats before it's too late. It also solves the long list problem where organizations ends up making a long list but none of the factors deemed too critical. Its expansion strategies include acquisition and building manufacturing facilities. If you like to do your own SWOT analysis or want to make your own Weighted SWOT SWOT matrix then feel free to download Fern Fort University SWOT Analysis Template. Exposure to political instability and fluctuations in the foreign exchange market may have adverse effect on GCC’s operation and financial performance. All work is written to order. This can be used by Cable ONE Inc, and will involve the identification of its internal Strengths (S) and Weaknesses (W) followed by the identification of the Opportunities (O) and Threats (T) it faces in its extensivelyrnal business environment. Cars enable individuals to live, work and travel in manners that were inconceivable a century back. The new technology provides an opportunity to General Cable to practices differentiated pricing strategy in the new market. http://phx.corporate-ir.net/External.File?item=UGFyZW50SUQ9MzMxNTkwfENoaWxkSUQ9MzEzNzYyfFR5cGU9MQ==&t=1, http://cincinnati.bizjournals.com/cincinnati/stories/2010/01/18/daily10.html?ana=yfcpc, http://investor.generalcable.com/phoenix.zhtml?c=81254&p=irol-newsArticle&ID=1374797&highlight=, http://www.nema.org/media/ind/20070419b.cfm, http://www.southernstudies.org/2009/09/power-politics-growth-in-renewable-energy-outpaces-nuclear-fossil-fuels.html. These strengths not only help it to protect the market share in existing markets but also help in penetrating new markets. INDUSTRIAL PROFILE The spice industry has been witnessing phenomenal growth rates in the international sectors. Not highly successful at integrating firms with different work culture. Study for free with our range of university lectures! A SWOT Diagram showing SWOT Analysis of the Taxi-Cab Industry. Includes portfolio of operations – advanced digital television, voice and high speed Internet services, local media and movie theatres. This SWOT analysis of Intel shows that the company is in a comfortable position where it is easy to maintain market dominance. Nobody get fired for buying our Business Reports Templates. 1. Imitation of the counterfeit and low quality product is also a threat to General Cable’s product especially in the emerging markets and low income markets. China and India are one the largest emerging markets right now and GCC has considerable investment and presence in both of these countries. The wire and cable industry is highly competitive and by providing a wide variety of products is a competitive strength for GCC. All of these factors may have negative impact on General Cable’s financial numbers as it influences sales, growth and net profit. Order custom Harvard Business Case Study Analysis & Solution. Weakness are the areas where General Cable can improve upon. Looking for a flexible role? Swot analysis of retail industry 1. As one of the leading companies in its industry, General Cable has numerous strengths that enable it to thrive in the market place. This creates an opportunity for the company to increase its sales and brand presence by providing energy and electrical infrastructure cables in these emerging markets. 2 GCC is also increasing its presence in its Rest of World (ROW) market by strategic acquisition of local companies and/or building manufacturing plant. Published: 8th Dec 2017 in The report also enables direct comparison to be made between Saudi Cable Company and its competitors. SWOT Analysis of Tourism Industry Ahsan Ali Shaw December 14, 2020 The tourism industry is a type of business where people get out of their casual environment and visit someplace different for leisure activities. Detailed discussion of this is presented in the next section. Exponential Growth – In the past ten years, Netflix has become an influential brand for online streaming content not only in the US but across the world. It is a handy technique to evalauate the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) General Cable is facing in its current business environment. The Strengths-Weaknesses-Opportunities-Threats (SWOT) Analysis / Matrix helps the managers of the General Cable to develop four types of strategies: The central purpose of SWOT matrix is to identify the strategies that a firm can use to exploit external opportunities, counter threats, and build on & protect General Cable strengths, and eradicate its weaknesses. Strategy is about making choices and weakness are the areas where an organization can improve using SWOT analysis and build on its competitive advantage and strategic positioning. These projects, along with the recent acquisition and expansion in other emerging markets, further GCC’s strategy to expand globally into economies that are building their energy infrastructure. Foreign exchange futures can also be used to lessen the impact of volatile foreign exchange rates. The profitability ratio and Net Contribution % of General Cable are below the industry average. As the company is operating in numerous countries it is exposed to currency fluctuations especially given the volatile political climate in number of markets across the world. These products are used not only in the cable industry but in other industries as well, such as, communication, construction, transportation, and oil and gas companies. Threats in the SWOT Analysis of ITC : Intensifying Competition in FMCG businesses: ITC faces intense competition in its FMCG business from large MNCs like HUL and P&G and Indian FMCGs like Patanjali and Dabur.This limits the market share for ITC.. VAT Registration No: 842417633. Read this free Business Case Study and other term papers, research papers and book reports. Even for those who already knew how and what information needs to be allocated where, it […] Company Registration No: 4964706. Net income may also be adversely affected when business is bad and cash flow is limited and there is a significant amount of debt repayments to be made. Strong Free Cash Flow – General Cable has strong free cash flows that provide resources in the hand of the company to expand into new projects. The company’s business is divided into Cable communications as part of Comcast Cable and into Broadcast Television, Cable networks, Filmed entertainment and Theme Parks as part of NBCUniversal. Cable Lugs Market Size Analysis by SWOT Analysis, Competitive Landscape 2020 Top Key Players, Global Share, Revenue and Growth Analysis till 2026 | Industry Research.co Published: Sept. 8, … Decreasing cost of transportation because of lower shipping prices can also bring down the cost of General Cable’s products thus providing an opportunity to the company - either to boost its profitability or pass on the benefits to the customers to gain market share. Reliable suppliers – It has a strong base of reliable supplier of raw material thus enabling the company to overcome any supply chain bottlenecks. However, due to the nature of the financial hedging, it is still no guarantee that they will always be able to protect themselves from the volatility. We're here to answer any questions you have about our services. CNN or Cable News Network is a news and media company based out of the USA and owned completely by the Turner Broadcasting Systems, the media offshoot of Times Warner. This section of the paper analyzed the strengths, weaknesses, opportunities, and threats faced by General Cable. SWOT analysis of tourism industry in Mauritius. SWOT analysis is a vital strategic planning tool that can be used by Houston Wire & Cable Company managers to do a situational analysis of the firm . The opportunity in the emerging markets will also help strengthen GCC as a company as it presents more revenue sources and also helps reduce business risks considerably by spreading its revenue sources. Stop your weaknesses. Defend against threats. Another issue with the commodity market is that big increase in the prices will substantially decrease demand for wire and cable products and ultimately, will have a negative impact on GCC financial performance. SWOT ANALYSIS-STRENGTH 1. M. E. Porter, Competitive Strategy(New York: Free Press, 1980), A. D. Chandler, Strategy and Structure (Cambridge, Mass. SWOT is a static assessment - analysis of status quo with few prospective changes. Starting just $19. It is an important technique to understand the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Houston Wire & Cable Company is facing in its current business environment. Not very good at product demand forecasting leading to higher rate of missed opportunities compare to its competitors. Even though geographic diversification is considered as a strength for GCC, this can also posed a weakness for the company. We make the greatest data maps. It will enable the firm to maintain its loyal customers with great service and lure new customers through other value oriented propositions. In 2019, Netflix was ranked at #4 top regarded companies by Forbes. It is noted, however, that GCC is doing its best to ensure that the employees, subsidiaries, contractors, and agents comply with the rules and regulations. 2. . Favorable year-over-year foreign currency translation is a benefit while unfavorable translation means a loss that GCC has to bear and report in the financial statement. Amazing Business Data Maps. Certain capabilities or factors of an organization can be both a strength and weakness at the same time. O. E. Williamson, Markets and Hierarchies(New York: Free Press, 1975); L. Wrigley, Divisional Autonomy and Diversification (PhD, Harvard Business School, 1970), R. E. White, Generic Business Strategies, Organizational Context and Performance: An Empirical Investigation, Strategic Management Journal7 (1986). More than 90% of General Cable 2008 copper rod purchase was supplied by one key supplier. Good Returns on Capital Expenditure – General Cable is relatively successful at execution of new projects and generated good returns on capital expenditure by building new revenue streams. Although the SWOT analysis is widely used as a strategic planning tool, the analysis does have its share of limitations. The strong support and growth for alternative energy as well as increasing demand for greater bandwidth and connectivity are some of the opportunities that GCC has already capitalized on and will continue to do so. The economic stimulus package passed by congress supports renewable alternative energy and this will enhance investments and thus increase demands for GCC products. GCC needs a supplier who is reliable, reputable, and has the ability to supply massive amount of raw material at the right time and price. As an ongoing effort to reduce waste and costs, GCC spends considerable time and resources to educate its employees on how to reduce waste and cost and provide them with Lean Six Sigma manufacturing cost containment training. Fern Fort University. GCC has to find ways to overcome these weaknesses by constantly monitoring current and prospective rules and regulations in each country and assess the likelihood and impact of them on GCC. As of 2020, Time Warner Cable is one of the leading brands in the media & entertainment sector. This should open a window of opportunity for General Cable in other product categories. INTRODUCTION Retail involves the process of selling consumer goods or services to customers through multiple channels of distribution to earn a profit. Talk about from the financial paper. Disclaimer: This is an example of a student written essay.Click here for sample essays written by our professional writers. GCC operates in three geographical segments namely North America, Europe and North Africa, and the Rest of World (ROW). It is crucial for GCC to continually analyze and assess its SWOT factors to see how it is going to impact the company. A SWOT analysis can provide a better understanding of these aspects. *You can also browse our support articles here >, Geographically diversified (may also pose as a weakness), Strong growth & Government support of alternative energy, Demand for greater communication bandwidth and global connectivity, Annual report. Doing so allows GCC to capitalize on its strengths and opportunities as well as take appropriate measure to decrease the likelihood of the threats and weakness from occurring. In short, you want your Dive Industry SWOT Analysis to be “USED” (source: RapidBI): Use your strengths. Organizations also assess the likelihood of events taking place in the coming future and how strong their impact could be on company's performance. For example, Venezuelan government recently decided to devalue its currency for non-essential goods from 4.30 Bolivars to each US Dollar to 2.15 which means that $40-$45 million USD will need to be written off from the balance sheet.3. As there are massive growth and wealth coming from the emerging markets, GCC has been trying to expand further into these emerging markets and leverage their 150 years of technical expertise and One Company approach. It provided an evaluation window but not an implementation plan based on strategic competitiveness of General Cable. If you need assistance with writing your essay, our professional essay writing service is here to help! It is better than doing simplistic SWOT analysis because with Weighted SWOT Analysis General Cable managers can focus on the most critical factors and discount the non-important one. There are gaps in the product range sold by the company. Registered Data Controller No: Z1821391. A SWOT analysis identifies and assesses the strengths, weaknesses, opportunities and threats an organization faces. 1. As circumstances, capabilities, threats, and strategies change, the dynamics of a competitive environment may not be revealed in a single matrix. Both strong growth and government support for alternative energy allows GCC to capitalize on this opportunity to further enhance its market position and financial performance. There are interrelationships among the key internal and external factors that SWOT does not reveal that may be important in devising strategies. Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. SWOT analysis (or SWOT matrix) is a simple, yet powerful business tool that allows businesses to develop strategies and make decisions based on an assessment of their internal and external factors. The strengths, weaknesses, opportunities, and threats are identified and evaluated to determine the ways to capitalize, improve, or avoid these factors to strengthen General Cable as a … The price of copper and aluminum, in recent months, has been extremely volatile. This is a gain from the half of 2007 where alternative energy represents only 9.89% of the domestic energy production.6. The market development will lead to dilution of competitor’s advantage and enable General Cable to increase its competitiveness compare to the other competitors. If GCC is found guilty in any of the lawsuits and subjected to hefty monetary fines and payments, it will materially impact GCC operation and financial performance. It is a handy technique to evalauate the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) General Cable is … It leads to a 2X2 matrix – also known as SWOT Matrix. You can edit this SWOT Diagram using Creately diagramming tool and include in your report/presentation/website. GCC recently acquired a local specialty cable manufacturer as it plans to reach out to the Chinese automotive and industrial markets.4In 2007, GCC started its expansion in India by entering a joint venture with a local firm to leverage itself in the construction cables industry for the Indian market.5 GCC is vigorously expanding worldwide by leveraging opportunities in the emerging markets from building new world cup stadium in south Africa for the world cup to reaching into the local markets in China and India. Changing consumer buying behavior from online channel could be a threat to the existing physical infrastructure driven supply chain model. Be it natural catastrophes such as hurricanes and earthquakes or the supplier’s own financial and company problem, all of this will have a negative impact on GCC’s operation and financial performance. Any opinions, findings, conclusions or recommendations expressed in this material are those of the authors and do not necessarily reflect the views of UKEssays.com. Copyright © 2003 - 2021 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. It invested in multi-billion dollar of submarine optic communications markets, the medium for faster global connectivity. The government support in the alternative energy movement is also an excellent opportunities for GCC. These factors include strengths, weaknesses, opportunities, and threats. A SWOT analysis, or SWOT matrix, is a technique used by businesses and individuals to understand the strengths, weaknesses, opportunities and threats a company faces within a particular industry. GCC has the broadest product offering in the industry. Business Strategy. However, there is no guarantee in the foreseeable future that GCC will always have the upper hand in the lawsuits. As mentioned earlier in the section, geographic diversification is a competitive strength for GCC. They are just awesome. This can impact the long term growth of General Cable. The matrix is only a starting point for a discussion on how proposed strategies could be implemented. Days inventory is high compare to the competitors – making the company raise more capital to invest in the channel. This wide international presence allows GCC to have several sources of revenue and globalize GCC as a brand in different parts of the world. Increasing trend toward isolationism in the American economy can lead to similar reaction from other government thus negatively impacting the international sales. Talk about paper. SWOT ANALYSIS OF RETAIL INDUSTRY BY: Anchal Singla 0161MBA125 Anunay Sinha 0161MBA132 Radhika Gupta 0161MBA164 Utkarsh Vashist 0161MBA180 2. Our academic experts are ready and waiting to assist with any writing project you may have. However, it is also a weakness for GCC. By the end of 2008, GCC and its subsidiaries have been involved in 34,730 lawsuits, 1,275 out of the lawsuits are pending non-maritime asbestos cases.1 These litigation claims are worth millions of dollars combine. Can impact the company – product innovation range from import and export rules, individual government policies on industry..., co-relation plots, 3D plots & more technology provides an opportunity to General Cable in those markets hedging to. Does have its share of limitations along a range of university lectures opportunity! And Net Contribution % of the factors deemed too critical inventory is high compare to its competitors source RapidBI! Along a range of university lectures to specialists, to specialists, to occupations these lawsuits for company. Rapidbi ): Use your strengths the next section Vashist 0161MBA180 2 quadrants of SWOT (,. 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