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Pages:
4 pages/≈1100 words
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4 Sources
Level:
APA
Subject:
Mathematics & Economics
Type:
Essay
Language:
English (U.S.)
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MS Word
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Topic:
Hewlett-Packard SWOT Analysis (Essay Sample)
Instructions:
Swot analysis of HP company.
source..Content:
Hewlett-Packard SWOT Analysis
Foundations of Management
Collège
Date
Introduction
SWOT analysis is an arranged planning method used to appraise the strengths, weaknesses, opportunities and threats in a business organization. SWOT analysis helps in the development of a stable business organization strategy by ensuring that all business strengths and weakness are put into consideration include the business’ opportunities and threats it faces in the dynamic open marketplace (Fine, 2009).Â
In my SWOT analysis for Hewlett-Packard Company, I will be developing SWOT analysis chart, the analysis will assist the company to come up with strength, weakness, opportunities and threats they face in daily business. Strengths that I will look at designate the positive qualities, intangible and tangible, internal to Hewlett-Packard Company. They attribute that are with the control of the company. It includes the advantages the company has over its competitors, Strong expansion capabilities, and research and other internal values that make HP edge other manufacturing firms.
The weakness that I focus on are the aspects of HP Company that detract the organization and leads to competitive disadvantages. They are areas that the enterprise needs to be enhanced by an organization to compete applicable with other main competitors. I will look at areas in which the corporation lacks like technology, skills, expertise, etc.
Opportunities I will emphasize on are the positive, external factors making the HP Company prosper. The treats are the external factor that is beyond the company, and the organization cannot control easily and mostly places the HP Company into risk. The company must develop the contingency plan to ensure these threats are addressed adequately should they occur.
SWOT Chart
Positive
Negative
Internal
Strengths
Weakness
* Healthy cash flow
* Low employee turnover.
* Hiring quality staff.
* Strong leadership.
* High competence in expanding sales.
* Sharp product differentiation in the market.
* Great staff morale.
* Incompetent planning.
* Improper Project management.
* Incompetency in forecasting problem.
* Company culture not open to change.
External
Opportunities
Threats
* Diversification
* Growing demand
* Strong customer belief and turnover
* Powerfulness.
* Easy access to capital
* Other competitions
* Unstable market
* New technologies
* Political issues
* Shift in customers test
* New regulations
A detailed discussion of each of the SWOT variables that you have selected and their importance to your company and its future strategy.
Strength in above SWOT chart has the following significance in the Company. Healthy cash flow in HP Company enables the company to settles its debt easily and pay good staff salaries which in itself is a motivating factor. High salary payment has made the customers be more loyalty to the company and ensure low employee turnover. High and skill and quality staff are retained in the business that has made them specialize in what they are good at and hence more innovation in the enterprise.
Strong leadership in the organization provides direction and an explicit guidance for all employees to track. Leaders in the business are invaluable when communicating and formulating strategic guidelines, as well as collaborative with and stirring employees to increase enthusiasm to goals of the organizational. High competence in ensuring that sales in the different region are expanded increases the company sales and leads to more profits, which has made the company to have strong capital and expenses easily edging out other competitors.
The internal weakness that the company faces includes incompetent planning that has led to the waste of resource. Improper project management leads to delay completion of the project, and out of budget making them more expensive than how it was focused. Customers runway from such project as they are not satisfied.
Incompetency in anticipating problems has made the company to invest in technology and becomes obsolete fast. For example, recently the company invest in production 4G technology servers which now replaced by 4G-Plus devices. Company culture changes slow has led to poor matching to the dynamic changes in the marketplace.
Different opportunities have made the company to be first movers in the market. It includes diversification, for example, production of different size PC, networking devices and technologies has made the HP Company to meet the ever changing taste of consumers before any other company. Diversification has also led to increased demand for the business’s goods and services.
Most of the customers believe in HP products and services. They will always come to buy the company’s services and product which infer more profit to the ...
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