Swot Analysis of a Company Challenges
Swot Analysis of a Company Challenges:
Hello Readers! Today, we will discuss the top challenges of a small company these are often facing. Same we will analyze here through SWOT Analysis. As you know SWOT analysis is a very popular tool and a strategic planning technique, which is generally used to identify strengths, weaknesses, opportunities, and threats. So with the help of that, we will identify the top business challenge’s Weaknesses, threats, and opportunities.
DOWNLOAD the SWOT analysis report of the top challenges of a company in an Excel file.
Full-form & Basic Information about SWOT Analysis:
Strength: Advantages of Business Characteristics.
Weakness: Disadvantage of Business Characteristics.
Opportunity: Business Element that could be exploited to its advantage.
Threat: The Business element that could cause trouble for the business.
When to use SWOT Analysis:
You can use the SWOT analysis process in the below field but not limited to;
- To overcome the Business concern types problem.
- To explore a new opportunity in NPD, Process Defects, Design defects, Manufacturing defects, R/M Defects, Customer End defects, technology up-gradation, etc.
Top 8 Challenges of a Company:
- Technology up-gradation
- Investment Business Plan
- Timely NPD
- Manufacturing Process Control
- Legal challenges
- Raw material crisis
- Business Competition
- IR
SWOT Analysis:
| I/P | Strength | Weakness | Opportunity | Threat |
| Technology up-gradation not in timely | The Investment cost is low | 1. Low Productivity. 2. High COPQ. 3. High conversion cost. 4. Non-fulfillment of customer requirement w.r.t market value. | Re-engineering, value engineering, and NPD with a high-capacity automation system. | 1. Low sales value 2. Customer Dissatisfaction 3. Business losses. |
| Investment business Plan | Limited products required less time to produce | 1. Raw material crisis 2. Low Production Volume 3. Non-fulfillment of the statutory and regulatory requirements. 4. IR problem | Comprehensive business plan with contingency plan/ emergency plan | Company shut-down |
| Legal challenges | … | 1. Raw material crisis 2. Low Production Volume 3. Non-fulfillment of the statutory and regulatory requirements. 4. IR problem | Fulfillment of statutory and regulatory requirements | Company shut-down |
Top 6 Marketing Issues:
- Sales Issue.
- Reputation Issue.
- Operations Issue.
- Price Issue.
- Demand Issue.
- Brand Issue.
For Top 6 Marketing Issues, we have separately written articles, if you are interested in reading then CLICK-HERE.
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TECHIEQUALITY
The Author is an Expert in Quality Management System, Operation Management, Business Excellence, Process Excellence, IATF 16949, ISO 9001, ISO 14001, ISO 45001, ISO 17025, TQM, TPM & QA. He is Certified as an IA for ISO 9001, IATF 16949, ISO 14001, ISO 17025 & ISO 45001 Standard.