Question: Create a TOWS matrix with 3SO, 3ST, 3EO, AND 3WT from the SWOT analysis provided below. Strengths Weaknesses Opportunities Threats Well-trained staff with most employees
Create a TOWS matrix with 3SO, 3ST, 3EO, AND 3WT from the SWOT analysis provided below.
| Strengths | Weaknesses | Opportunities | Threats |
| Well-trained staff with most employees having at least 5 years of experience with the company | Lack of facility space to showcase all products and services | Expand existing facilities | Limited financial resources to expand significantly |
| Well-defined and industry-leading distribution network for acquiring supplies to perform jobs and tasks | Lack of storage space to house inventory | Purchase and expand into new facilities | Limited human resources to expand without potentially damaging existing levels of service |
| Strong partnerships throughout the supply chain | Outdated technology for inventory replenishment | Purchase more warehousing space | Competition offering better compensation |
| Well-received customer service from employees | Lack of policy manuals for consistent training; employees just learn from job shadowing/mentorship | Purchase better technology to manage inventory | Competition has more facility space |
| Mentorship program for new employees | Lack of fundamental resource allocation system to track all resources effectively | Update technologies related to resource management and budgeting | Competition has more inventory and a wider array of product offerings |
| Strong history of current employees training new employees effectively | Inefficient scheduling system for hourly employees | Update training manuals to provide better consistency in outcomes and processes | New technology requires new learning/training |
| Loyal employees due to history of promoting from within | No standardized quality control system for customer service | Seek out new roles for existing supply chain partners to outsource other business functions | Supply chain partners may seek exclusive arrangements with competitors |
| Employees are masters of their existing technology and know the current system very well | Employee compensation is below industry average | Hire and train additional employees | Automation may blunt the importance of employee skills |
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
