In short, you want your Dive Industry SWOT Analysis to be “USED” (source: RapidBI): Use your strengths. 1. 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. 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. This involves listing strengths, weaknesses, opportunities and threats.A swot analysis can be performed for any competitive situation. GCC has a significant investment in Thailand and is therefore subject to the political instability there. 1206 Words 5 Pages. 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. 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. *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. Swot analysis of retail industry 1. Exam One Exam One Kelly Newton June 13, 2019 BUSN 499-VL4 2019 Summer Semester Professor Alexander Manga 1. The profitability ratio and Net Contribution % of General Cable are below the industry average. The wire and cable industry is highly competitive and by providing a wide variety of products is a competitive strength for GCC. 1. By analyzing the Dental Industry SWOT Analysis Post-COVID … 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 . Growing strengths of local distributors also presents a threat in some markets as the competition is paying higher margins to the local distributors. As mentioned earlier in the section, geographic diversification is a competitive strength for GCC. The market development will lead to dilution of competitor’s advantage and enable General Cable to increase its competitiveness compare to the other competitors. Nobody get fired for buying our Business Reports Templates. 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 a leaner and more efficient operation than the industry, GCC possesses a competitive edge. 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. 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. Creately diagrams can be exported and added to Word, PPT (powerpoint), Excel, Visio or any other document. We make the greatest data maps. 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. Each of the categories is explained in details to see how it will impact the business or give it a competitive advantage. No plagiarism, guaranteed! 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. Therefore the litigations faced by GCC is considered as a considerable threat. The regulations range from import and export rules, individual government policies on the industry, environmental laws, to electronic or telecommunication rules. 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. SWOT, an acronym for strengths, weaknesses, opportunities and threats, is an analysis method used in many industries to assess business functions. Based on Fern Fort University extensive research – some of the strengths of General Cable are –. This diversified product offering helps reducing the impact of market volatility in one particular product segment and provides economic stability. It offers wide variety of copper, aluminum and fiber optic wire and cable products which are sold to different markets and industries. 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. All of these factors may have negative impact on General Cable’s financial numbers as it influences sales, growth and net profit. There’s has been a great wealth distribution gap between the upper class and lower class. General Cable is investing huge resources in training and development of its employees resulting in a workforce that is not only highly skilled but also motivated to achieve more. 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. As one of the leading companies in its industry, General Cable has numerous strengths that enable it to thrive in the market place. Buy Professional PPT templates to impress your boss. 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. A comparative example could be - GE healthcare research helped it in developing better Oil drilling machines. With the ever increasing desire for energy independence and environmental concern, alternative energy such as wind, solar and hydroelectric power is poised to grow rapidly. You can edit this SWOT Diagram using Creately diagramming tool and include in your report/presentation/website. Buy Custom Essay and Term Paper on SWOT Analysis / Matrix , Weighted SWOT Analysis of General Cable. As circumstances, capabilities, threats, and strategies change, the dynamics of a competitive environment may not be revealed in a single matrix. Stop your weaknesses. These strengths not only help it to protect the market share in existing markets but also help in penetrating new markets. 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 … Our academic experts are ready and waiting to assist with any writing project you may have. 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. CNN pioneered the concept of a … GCC transforms basic raw materials such as copper, aluminum, petrochemicals and steel into highly engineered wire and cable products. 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. 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. There are interrelationships among the key internal and external factors that SWOT does not reveal that may be important in devising strategies. Changing consumer buying behavior from online channel could be a threat to the existing physical infrastructure driven supply chain model. • General Cable • Sterlite Get Sample Copy ... 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis Registered office: Venture House, Cross Street, Arnold, Nottingham, Nottinghamshire, NG5 7PJ. Geographically diversified means GCC operates in various parts of the world and exposed to different government rules and regulation, political instability in each country, as well as volatile foreign currency. Second largest entertainment industry in world in terms of number of film produced and cinema tickets sold. Cablevision SWOT Analysis Cablevision Strengths Below are the Strengths in the SWOT Analysis of Cablevision: 1.Leading telecommunications, media and entertainment company. Published: 8th Dec 2017 in Exploit opportunities. All work is written to order. : MIT Press, 1962). Info: 2868 words (11 pages) Essay Copyright © 2003 - 2021 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. The economic stimulus package passed by congress supports renewable alternative energy and this will enhance investments and thus increase demands for GCC products. No matter your industry, SWOT can be a valuable tool to gain useful insights about the market, your competitors and your overall business performance. The biggest markets and contributors of income are the United States and Spain markets. Its expansion strategies include acquisition and building manufacturing facilities. 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. GCC has been involved in numerous commodity hedging programs to shield itself from volatile copper and other raw material prices. 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. As of 2020, Time Warner Cable is one of the leading brands in the media & entertainment sector. All rights reserved. Operating income and gross profit were up in 2008 and GCC attributed some of these achievements to improved efficiency as a result of continued Lean manufacturing initiatives. Here is the SWOT Analysis of Automobile Industry:.. Below is the SWOT diagram. To shield itself from this weakness, GCC has to identify new prospective supplier. 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. This is a gain from the half of 2007 where alternative energy represents only 9.89% of the domestic energy production.6. Successfully capitalizing on this opportunity will have a positive impact for GCC’s financial performance and reputation. Disclaimer: This is an example of a student written essay.Click here for sample essays written by our professional writers. Order custom Harvard Business Case Study Analysis & Solution. This wide international presence allows GCC to have several sources of revenue and globalize GCC as a brand in different parts of the world. The General Cable is one of the leading organizatations in its industry. A SWOT Diagram showing SWOT Analysis of the Taxi-Cab Industry. 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. Cable & Wireless Communications Ltd - Strategic SWOT Analysis Review provides a comprehensive insight into the company's history, corporate strategy, business structure and operations. 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. 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. SWOT is a static assessment - analysis of status quo with few prospective changes. 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. 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. 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. Although the SWOT analysis is widely used as a strategic planning tool, the analysis does have its share of limitations. 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. This increase in demand is an opportunity that GCC has to capitalize on. Business Strategy. The most common approach to swot analysis is to simply brainstorm each list. Starting just $19. Moreover, SWOT analysis template further below can be used to generate SWOT tables of top multinational companies along a range of industries. Lower inflation rate – The low inflation rate bring more stability in the market, enable credit at lower interest rate to the customers of General Cable. It invested in multi-billion dollar of submarine optic communications markets, the medium for faster global connectivity. 2. Cars enable individuals to live, work and travel in manners that were inconceivable a century back. As it was discussed in previous section, however, global presence is also a weakness for GCC. SWOT does not show how to achieve a competitive advantage, so it must not be an end in itself. GCC is a one of the leaders in the wire and cable industry and it strives very hard to be as lean and as productive as possible to give it a competitive edge. The changing scenario of world trade will now demand globalization of market and open economy. SWOT ANALYSIS-STRENGTH 1. China and India are one the largest emerging markets right now and GCC has considerable investment and presence in both of these countries. Overview. 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. Detailed discussion of this is presented in the next section. 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. 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. Opportunities are some of the prospects that the government of a country must take some advantage of, some of those prospects are as follows. A SWOT analysis can provide a better understanding of these aspects. There are gaps in the product range sold by the company. It leads to a 2X2 matrix – also known as SWOT Matrix. Reliable suppliers – It has a strong base of reliable supplier of raw material thus enabling the company to overcome any supply chain bottlenecks. The report includes financial and SWOT information, industry analysis, opinions, estimates, plus annual and quarterly forecasts made by stock market experts. 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. The new technology provides an opportunity to General Cable to practices differentiated pricing strategy in the new market. 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. From simple essay plans, through to full dissertations, you can guarantee we have a service perfectly matched to your needs. . 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. Organizations also assess the likelihood of events taking place in the coming future and how strong their impact could be on company's performance. These factors include strengths, weaknesses, opportunities, and threats. This is the SWOT analysis of CNN. 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. 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. Operating in the wire and cable industry as well as having worldwide operation exposed GCC to numerous complex rules and regulations. With more cash in bank the company can invest in new technologies as well as in new products segments. Send your data or let us do the research. They are just awesome. 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. B. Study for free with our range of university lectures! Unequal Wealth Gap. This lack of choice can give a new competitor a foothold in the market. 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 identifies and assesses the strengths, weaknesses, opportunities and threats an organization faces. 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. This SWOT analysis of Intel shows that the company is in a comfortable position where it is easy to maintain market dominance. The matrix is only a starting point for a discussion on how proposed strategies could be implemented. 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.. SWOT analysis examples help to get a jump start for those who want to conduct SWOT Analysis for any business. 2. GCC has the broadest product offering in the industry. Organization’s core competencies can be a success in similar other products field. GCC has taken considerable steps to take advantage of this increase in demand. 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. 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. This method is called Weighted SWOT analysis. Even for those who already knew how and what information needs to be allocated where, it […] 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. A SWOT analysis is a framework that is used to analyze a company’s competitive positioning in its business environment.