SWOT Analysis Essay Example | Topics and Well Written Essays - 1500 words

study Analysis - Essay ExampleThe organization appears to shed outgrown a vast majority of its present systems, and is presently faced with the challenge of having to layoff at least 500 workers. In order to sustain its tradition of not laying off any of its employees, BigTime will need to rigging the issues identified in the SWOT analysis presented in this report. The key issue lies in the participations view to revolutionize its operations in order to integrate additional product offerings. This paper will provide a comprehensive SWOT analysis that will inform BigTimes adoption of comprehensive marketing and organizational structure strategies. The SWOT analysis will be indispensable in helping BigTime take full advantage of its increasing customer base. BigTime SWOT analysis An organizations SWOT analysis matrix is essential since it comforts the realisation of various factors concerning the organization, for instance, its strengths, weaknesses, opportunities and threats. The se benchmarks are valuable in ascertaining the boilersuit efficacy of the federations business operations and realizing probable problematic areas and devising viable systems to tackle the problems. Strengths One of BigTimes greatest strengths is its reputation of producing appropriate product offerings that are not only pertinent to the markets at different times, but are besides tailored for each customer. In fact, the organization has been able to garner massive market presence and share based only on its name and reputation. The company is renowned for providing superior quality virtual management services to its customers. This positive reputation has been sufficient in creating opportunities for the company is diverse areas of the market. Question 1 This elbow room that BigTime relies on its customers views or word of mouth as a form of marketing to other companies. Additionally, BigTime bases its marketing strategy solely on its website, which was developed 4 years ago by the vice presidents son. Through this marketing strategy, the business has attained major strides in enhancing its sales records, ultimately realizing a 20% increase in its reported profits in one year. Brand image is one of the most vital elements of an organizations overall attractiveness. Therefore, BigTimes good reputation and the name has a positive impact on its brand image, making the organizations product and institutional brands kind of appealing to the market. Furthermore, having operated in the virtual management market for 20 years, BigTime has in-depth knowledge of the market, which enables the company tailor its products based on market demands. Additionally, BigTime has superior infrastructure that continues to facilitate access and exploitation of applications needed to facilitate successful delivery of virtual management systems. These systems and applications are critical since they facilitate the organizations provision of a holistic virtual experience to its cus tomers. At present, BigTime boasts of a massive proportion of the virtual management market. BigTimes operations in the country are almost one-third of the market as BigTime is one of three companies that dominate the virtual management sector. Another key strength inherent in the organization is its grand array of products. BigTime offers an array of virtual services including management, organizational change, management, organizational leadership, and business. These products allow the organization to participate