On Udemy: https://www.udemy.com/user/365careers/ On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers Subscribe to our channel: https://www.youtube.com/365careers This lesson on Business strategy introduces the idea behind doing SWOT analyses. Watch more at https://www.udemy.com/mba-in-a-box-business-lessons-from-a-ceo . This video is part of a series of short lessons about Business Strategy. The complete module can be found on Udemy, as a core part of the MBA in a Box course by CEO Valentina Bogdanova and 365 Careers. The course provides a complete Business Education: Business Strategy, Management, Marketing, Accounting, Decision Making & Negotiation in just under 10 hours. -------------------------------------------------- Strategy module table of contents: MBA in a Box: Introduction 1. What does the course cover? Section: 2 Strategy: An Introduction 2. The role of Strategy and what makes a Strategy successful 3. The difference between Corporate and Business Strategy 4. The importance of the Mission, Vision, Goals, and Values statements Section: 3 Strategy: The industry lifecycle model 5. The four stages of the industry lifecycle model - An introduction 6. The strategic importance of the industry lifecycle model 7. The Introduction stage - A new industry is born 8. The Growth stage - An industry in its expansion phase 9. The Maturity stage - An industry at its peak 10. The Decline stage - An obsolete industry Section: 4 Strategy: Porter's Five Forces model - The competitive dynamics in an industry 11. Michael Porter's Five Forces model 12. The threat of new entrants 13. The threat of substitute products 14. The intensity of current competition 15. The bargaining power of suppliers 16. The bargaining power of clients 17. Porter's Five Forces framework applied in practice Section: 5 Strategy: Game Theory - Studying the interaction between multiple parties 18. An introduction to Game Theory 19. Zero-sum games - approaching situations with a win-lose perspective 20. Non-zero-sum games - considering both cooperation and confrontation 21. Tobacco companies - a real-life example of Game Theory application Section: 6 Strategy: Focusing on the inside of a business 22. Focusing on the inside of a business - An Introduction 23. A company's lifecycle model - what should be done at different stages Section: 7 Strategy: Acquiring a competitive advantage 24. The quest for a competitive advantage - An Introduction 25. The importance of building a sustainable competitive advantage 26. The role of resources and capabilities 27. Acquiring an actual competitive advantage Section: 8 Strategy: The three main competitive strategies 28. The three main competitive strategies 29. Cost leadership - sell cheap 30. Differentiation - be different 31. Niche (Focus) strategy - find your niche market 32. The danger of hybrid strategies Section: 9 Strategy: Corporate growth strategies 33. The types of growth opportunities companies pursue 34. Organic growth - building a solid foundation 35. Inorganic growth - leveraging M&A transactions 36. Horizontal integration 37. Vertical integration Section: 10 Strategy: The SWOT analysis framework 38. An introduction to SWOT analysis 39. SWOT analysis in practice - Starbucks -------------------------------- Strategy analysis has two main branches – analysis of a firm’s external environment and analysis of a firm’s internal environment. SWOT is a famous framework that allows us to combine the two types of analysis. SWOT is sometimes referred to as internal-external analysis. The acronym SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. The first two, Strengths and Weaknesses, are related to a firm’s internal environment, while the last two, Opportunities and Threats, consider its external environment. Internal strengths and external opportunities are vertically paired as helpful elements, while internal weaknesses and external threats are paired as harmful elements. if we perform a company analysis, under strengths, we would expect to see its core competences, the areas where the business excels and has a competitive advantage over competitors. Weaknesses are areas that need improvement. Such vulnerabilities place a company at a disadvantage when competing against other firms. Opportunities can be seen as favorable factors existing in a company’s external environment, in the industry where it operates, and have the potential to improve its current results and competitive positioning. Threats arise in a company’s external environment and might harm its current business.
Views: 200694 365 Careers
On Udemy: https://www.udemy.com/user/365careers/ On YouTube: https://www.youtube.com/365careers On Facebook: https://www.facebook.com/365careers/ On the web: http://www.365careers.com/ On Twitter: https://twitter.com/365careers This lesson on Business strategy introduces the idea behind doing SWOT analyses. Watch more at https://www.udemy.com/mba-in-a-box-business-lessons-from-a-ceo . This video is part of a series of short lessons about Business Strategy. The complete module can be found on Udemy, as a core part of the MBA in a Box course by CEO Valentina Bogdanova and 365 Careers. The course provides a complete Business Education: Business Strategy, Management, Marketing, Accounting, Decision Making & Negotiation in just under 10 hours. -------------------------------------------------- Strategy module table of contents: MBA in a Box: Introduction 1. What does the course cover? Section: 2 Strategy: An Introduction 2. The role of Strategy and what makes a Strategy successful 3. The difference between Corporate and Business Strategy 4. The importance of the Mission, Vision, Goals, and Values statements Section: 3 Strategy: The industry lifecycle model 5. The four stages of the industry lifecycle model - An introduction 6. The strategic importance of the industry lifecycle model 7. The Introduction stage - A new industry is born 8. The Growth stage - An industry in its expansion phase 9. The Maturity stage - An industry at its peak 10. The Decline stage - An obsolete industry Section: 4 Strategy: Porter's Five Forces model - The competitive dynamics in an industry 11. Michael Porter's Five Forces model 12. The threat of new entrants 13. The threat of substitute products 14. The intensity of current competition 15. The bargaining power of suppliers 16. The bargaining power of clients 17. Porter's Five Forces framework applied in practice Section: 5 Strategy: Game Theory - Studying the interaction between multiple parties 18. An introduction to Game Theory 19. Zero-sum games - approaching situations with a win-lose perspective 20. Non-zero-sum games - considering both cooperation and confrontation 21. Tobacco companies - a real-life example of Game Theory application Section: 6 Strategy: Focusing on the inside of a business 22. Focusing on the inside of a business - An Introduction 23. A company's lifecycle model - what should be done at different stages Section: 7 Strategy: Acquiring a competitive advantage 24. The quest for a competitive advantage - An Introduction 25. The importance of building a sustainable competitive advantage 26. The role of resources and capabilities 27. Acquiring an actual competitive advantage Section: 8 Strategy: The three main competitive strategies 28. The three main competitive strategies 29. Cost leadership - sell cheap 30. Differentiation - be different 31. Niche (Focus) strategy - find your niche market 32. The danger of hybrid strategies Section: 9 Strategy: Corporate growth strategies 33. The types of growth opportunities companies pursue 34. Organic growth - building a solid foundation 35. Inorganic growth - leveraging M&A transactions 36. Horizontal integration 37. Vertical integration Section: 10 Strategy: The SWOT analysis framework 38. An introduction to SWOT analysis 39. SWOT analysis in practice - Starbucks -------------------------------- Strategy analysis has two main branches – analysis of a firm’s external environment and analysis of a firm’s internal environment. SWOT is a famous framework that allows us to combine the two types of analysis. SWOT is sometimes referred to as internal-external analysis. The acronym SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. The first two, Strengths and Weaknesses, are related to a firm’s internal environment, while the last two, Opportunities and Threats, consider its external environment. Internal strengths and external opportunities are vertically paired as helpful elements, while internal weaknesses and external threats are paired as harmful elements. if we perform a company analysis, under strengths, we would expect to see its core competences, the areas where the business excels and has a competitive advantage over competitors. Weaknesses are areas that need improvement. Such vulnerabilities place a company at a disadvantage when competing against other firms. Opportunities can be seen as favorable factors existing in a company’s external environment, in the industry where it operates, and have the potential to improve its current results and competitive positioning. Threats arise in a company’s external environment and might harm its current business.
Views: 96748 365 Careers
SWOT simply stands for Strengths, Weaknesses, Opportunities, and Threats. The purpose of a SWOT analysis is to create a synthesized view of your current state. Watch our Virtual Strategist Whiteboard session to learn how you can perform and use a SWOT analysis for your organization. Subscribe to our channel here - https://www.youtube.com/channel/UCc5cYNhQ8oYNdjmXBy7Z-ug Download the Essentials Guide to Strategic Planning - https://onstrategyhq.com/product/essentials-guide-to-strategic-planning/ Follow us on Facebook - https://www.facebook.com/OnStrategyHQ/?fref=ts Connect with us on LinkedIn - https://www.linkedin.com/company/onstrategy Connect with Erica Olsen on LinkedIn - https://www.linkedin.com/in/ericajolsen
Views: 393306 virtualstrategist
For details, visit: http://www.financewalk.com SWOT Analysis, Company Management, Management Analysis Example: SWOT Analysis A SWOT analysis looks at your company's: • Strengths - to build on • Weaknesses -- to cover • Opportunities -- to capture • Threats -- to defend against It aims to: • Reveal your competitive advantages • Analyse your prospects for sales and profitability • Prepare your company for problems • Allow for the development of contingency plans SWOT Analysis Parameters SWOT Analysis of Infosys Company Management To assess the quality of management , the analyst should ask questions like: • What is the grand design of the management? Does it believe in "staying close to the knitting" or unrelated diversification? • What is the calibure,motivation,integrity,dynamism, and commitment of the top management personnel? • What emphasis is accorded to research and development? • How effective is the organisational structure? • What is the importance assigned to the management development? • How investor-friendly is the management? • How strong the execution capability of the management? • How sound are the management systems of the company? Examples of strong Company management • Tata Group • Infosys • Wipro • Reliance • Bharti Airtel • Larsen & Toubro • ONGC
Views: 10668 Avadhut Nigudkar
Tesla SWOT analysis 2019. A 360-degree analysis of Tesla's business in 2019. In 2019, Tesla is at cross roads. The company could be the Apple of this generation (a massive success story), or it could be surpassed by the catching up traditional automotive firms that are now fully invested in the EV industry. In this video, we will explore which are the main strengths and opportunities Tesla could rely on, as well as some of the weaknesses and threats for its business. A number of articles analyse the company’s strengths, weaknesses, opportunities, and threats. However, in most cases this is done focusing on a single aspect. What we will do in this video instead is leverage the SWOT framework in order to provide a complete and comprehensive Tesla SWOT analysis. SUBSCRIBE to our channel for more educational videos: https://www.youtube.com/channel/UC1KZthNKVq8I8feFK8Z1eIQ Link to the course: https://www.udemy.com/tesla-company-analysis-strategy-marketing-financials/?couponCode=YOUTUBE
Views: 12025 365 Careers
In this video I have told about swot analysis for an organization and for a person. SWOT stands for ( Strengths, Weaknesses, Opportunities, Threats ). #swotanalysis You can subscribe our Channel by clicking this link https://www.youtube.com/channel/UCZVYTdSvqUEUyE2sA6wxsKQ?sub_confirrmation=1 What is Retail Management ? ( MBA COURSE ) IN HINDI https://youtu.be/UCJlXqU0_Dw MBA RETAIL MANAGEMENT - https://www.youtube.com/watch?v=UCJlXqU0_Dw&list=PLg61CNZvVkje0GRSlOrQhkByPR9bfGMYJ Computer Lectures playlist link - https://www.youtube.com/watch?v=cagLD-xdvjM&list=PLg61CNZvVkje8Pm-R77dDQPvKxbvRawPf Computer MCQ playlist link - https://www.youtube.com/watch?v=IQcy1ai2yW0&list=PLg61CNZvVkjfSccGsVQXki03jt08vVslc
Views: 33307 Exam Study Zone
Help us learn more about your experience by completing this short survey: https://www.surveymonkey.com/r/RRKS8LZ Subscribe to Alanis Business Academy on YouTube for updates on the latest videos: https://www.youtube.com/alanisbusinessacademy?sub_confirmation=1 A SWOT Analysis is a tool used to complete an objective analysis of a company. In addition to taking an internal look at the company (strengths and weaknesses), companies also need to scan the external environment to identify both opportunities and threats. In this video, I'll explain what a SWOT Analysis is, and provide some examples of what can be considered in each category.
Views: 312356 Alanis Business Academy
To find more about Personal SWOT Analysis, check out our article at: https://www.mindtools.com/personalswot SWOT Analysis is a tool that many businesses use as part of developing their strategies. It stands for strengths, weaknesses, opportunities, and threats, and it helps organizations think about what they should and shouldn’t be doing. But, you can use this framework on a personal level as well. To spot opportunities that you didn't know existed, for instance, or to identify problems or circumstances that might have a negative effect on your career. So why not carry out your own Personal SWOT today? Find out how by watching this short video.
Views: 225466 MindToolsVideos
This narrated PowerPoint was created by the members of Team B for Captain Mike's Management course. Highlights of the Coca-Cola Company's SWOT Analysis, Mission Statement, Problem Statement, Possible Alternative Solutions, and the Implementation of the "Best Solution" are all included in this presentation. If you are interested in the full written Organizational Case Study Analysis, or would like a word document that includes an annotated list of resources, please email Jasmine @ [email protected]
Views: 85687 Jasmine Owens
SWOT stands for strengths, weaknesses, opportunities, and threats. Strengths and weaknesses are internal factors and opportunities and threats are external factors. A SWOT diagram analyzes a project or business venture by focusing on each of these factors. It typically consists of four boxes, one for each area, but the exact shape may vary depending on the design. Learn more https://www.smartdraw.com/swot-analysis/?id=377675
Views: 71106 SmartDraw
This video will analyze McDonald's company using a SWOT analysis. It will discuss the key McDonald's strengths, weaknesses, opportunities and threats that affect the company in 2018, which might help you get a better understanding about the McDonald's and its business. The most important strength McDonald's has is the second-largest restaurant network serving customers in over 120 countries. As of 2018, McDonald’s operates the second-largest restaurant network in the world. In total, the company and its franchisees operate 37,241 restaurants in 120 countries. In terms of sales, McDonald’s outrivals any other QSR chain in the world with US$22.820 billion in sales in 2017 alone (earning slightly more than Starbucks). As for the disadvantages, McDonald's major weakness is the reputation of a cheap place to eat at. Even though McDonald’s has invested heavily in its premium menu, it is still seen as a budget place to grab a quick bite. This hurts the company as it cannot effectively attract premium customers to its McCafe restaurants. Let’s move on to the opportunities and the key opportunity for McDonald's is further expansion of home delivery in the U.S. and other major international markets. McDonald’s introduced its first food delivery service in the U.S. in 1993, and since then, rapidly expanded it into many Asian, Middle Eastern and Latin American countries. The company had little success with the delivery service in the U.S. In 2016, McDonald’s announced home delivery service in 200 cities in the U.S. By July 2017, the company expanded the delivery service to 3,500 locations in the U.S. and in total to 7,800 restaurants across 47 countries. McDonald’s home delivery service is still new in the U.S. and the company should further expand the service to the majority of its 14,036 U.S. restaurants. One of the threats that affect McDonald's is intensifying competition. McDonald’s operates in a highly competitive fast-food industry, where it has to compete with international, national, regional and local rivals, each specializing to serve specific consumer segments. As the fast-food industry’s growth has slowed, competition has significantly intensified. McDonald’s, which is the leader in the fast-food industry, is experiencing slowing sales in the U.S. market mainly due to decreased traffic to its restaurants. Customers, who were eating at McDonald’s now choose restaurants like Five Guys Burgers or similar fast-casual chains, which offer better quality food and customer experience. These are the key McDonald's SWOT strengths, weaknesses, opportunities and threats. If you’d like to access many more of them, please visit our website https://www.strategicmanagementinsight.com/swot-analyses/mcdonalds-swot-analysis.html and purchase the McDonald's SWOT analysis from there. If you liked my analysis, agree or disagree with it please comment and subscribe below.
Views: 5488 SM Insight
In this video, I am explaining another very important tool in DEFINE phase i.e. SWOT analysis, acronym for Strengths, Weaknesses, Opportunities, and Threats. By using this tool, it forces team to think about the process or business, in a complete new way. We must carry out TOWS analysis after SWOT analysis, which is missed in many practical cases. I have explained importance of it in this video. A SWOT analysis is helping us to develop a strong business strategy by making sure that we have considered all of our business’s Strengths and Weaknesses, as well as the Opportunities and Threats in the marketplace. I have explained this concept with practical example which is very easy to understand. I have also explained a TOWS analysis, which is an extension of SWOT analysis and most important for developing strategies. I have explained all TOWS strategies also with practical examples. I am sure you will like it.
Views: 11799 LEARN & APPLY: Lean and Six Sigma
Putting your business under the microscope is crucial to keeping up with an ever changing world. But what needs to be analysed? Understanding your SWOT gives you the confidence you're heading in the right direction. Interested in learning about how to run your own business? Or maybe it's time to upgrade your resume with an MBA. Check out Ducere Global Business School, one of the most flexible, globally aware and industry relevant tertiary education providers in the world. Start your journey now: http://bit.ly/ducereeducation Ducere Design Team: Sam Ross, Angus Jones, Angus Turner, Dylan Bennett, Julia Boonzaier
Views: 28313 Ducere Global Business School
Class project Apple SWOT analysis References Strength photo - http://www.livehappy.com/practice/reading/strengths-numbers SWOT analysis - photohttp://depositphotos.com/vector-images/swot-analysis-template.html Apple Logo - http://x986123.deviantart.com/art/Apple-logo-PSD-125907997 Weakness Photo - http://www.clipartkid.com/weak-cliparts/ Opportunities - https://mbdabusinesscenter-atlanta.org/opportunities-2/ Threats - https://www.shutterstock.com/image-vector/threats-word-cloud-business-concept-278572583 This is why Apple bought Beats, Retrieved 4/16/17, https://www.engadget.com/2014/05/28/apple-beats-why/
Views: 17339 jordan brown
SWOT: Strengths, Weaknesses, Opportunities, and Threats How to use SWOT analysis to improve your startup's or small business' strategy. See the full post here: http://www.catecosta.com/analyzing-your-startup-or-small-business-using-swot/ Are you an entrepreneur or aspiring entrepreneur who needs help turning your fabulous idea into a profit-generating startup or small business? Visit www.CateCosta.com for more tips to help you take the first step or check out one of my helpful eCourses: https://goo.gl/ohn5dq -~-~~-~~~-~~-~- Watch the latest from New Venture Mentor: "Why You Should Focus on Tax Optimization, Not Tax Minimization" https://www.youtube.com/watch?v=dP7PaX38rk0 -~-~~-~~~-~~-~-
Views: 16603 Cate Costa
Formulating strategy begins with understanding the circumstances, forces, events, and issues that shape the organization’s competitive situation, which requires that managers conduct an audit of both internal and external factors that influence the company’s ability to compete. SWOT analysis is an audit or careful examination of strengths, weaknesses, opportunities, and threats that affect organizational performance. Strengths are positive internal characteristics that the organization can exploit to achieve its strategic performance goals. Weaknesses are internal characteristics that might inhibit or restrict the organization’s performance. Opportunities are characteristics of the external environment that have the potential to help the organization achieve or exceed its strategic goals. Threats are characteristics of the external environment that may prevent the organization from achieving its strategic goals.
Views: 874 Gregg Learning
This video is about conducting an analysis in business and marketing planning phase. It is a useful tool for managers to identify their strengths and weaknesses as compared to their competitors. Business SWOT Analysis What makes SWOT particularly powerful is that, with a little thought, it can help you uncover opportunities that you are well-placed to exploit. And by understanding the weaknesses of your business, you can manage and eliminate threats that would otherwise catch you unawares. More than this, by looking at yourself and your competitors using the SWOT framework, you can start to craft a strategy that helps you distinguish yourself from your competitors so that you can compete successfully in your market. How to Use the Tool Originated by Albert S. Humphrey in the 1960s, the tool is as useful now as it was then. You can use it in two ways – as a simple icebreaker helping people get together to "kick off" strategy formulation, or in a more sophisticated way as a serious strategy tool. Tip: Strengths and weaknesses are often internal to your organization, while opportunities and threats generally relate to external factors. For this reason, SWOT is sometimes called Internal-External Analysis and the SWOT Matrix is sometimes called an IE Matrix. To help you to carry out your analysis, download, and print off our free worksheet, and write down answers to the following questions. Strengths What advantages does your organization have? What do you do better than anyone else? What unique or lowest-cost resources can you draw upon that others can't? What do people in your market see as your strengths? What factors mean that you "get the sale"? What is your organization's Unique Selling Proposition (USP)? Consider your strengths from both an internal perspective, and from the point of view of your customers and people in your market. Also, if you're having any difficulty identifying strengths, try writing down a list of your organization's characteristics. Some of these will hopefully be strengths! When looking at your strengths, think about them in relation to your competitors. For example, if all of your competitors provide high-quality products, then a high-quality production process is not a strength in your organization's market, it's a necessity. Weaknesses What could you improve? What should you avoid? What are people in your market likely to see as weaknesses? What factors lose you sales? Again, consider this from an internal and external perspective: Do other people seem to perceive weaknesses that you don't see? Are your competitors doing any better than you? It's best to be realistic now, and face any unpleasant truths as soon as possible. Opportunities What good opportunities can you spot? What interesting trends are you aware of? Useful opportunities can come from such things as: Changes in technology and markets on both a broad and narrow scale. Changes in government policy related to your field. Changes in social patterns, population profiles, lifestyle changes, and so on. Local events. Tip: A useful approach when looking at opportunities is to look at your strengths and ask yourself whether these open up any opportunities. Alternatively, look at your weaknesses and ask yourself whether you could open up opportunities by eliminating them. Threats What obstacles do you face? What are your competitors doing? Are quality standards or specifications for your job, products or services changing? Is changing technology threatening your position? Do you have bad debt or cash-flow problems? Could any of your weaknesses seriously threaten your business? Tip: When looking at opportunities and threats, PEST Analysis can help to ensure that you don't overlook external factors, such as new government regulations, or technological changes in your industry. Further SWOT Tips If you're using SWOT as a serious tool (rather than as a casual "warm up" for strategy formulation), make sure you're rigorous in the way you apply it: Only accept precise, verifiable statements ("Cost advantage of $10/ton in sourcing raw material x", rather than "Good value for money"). Ruthlessly prune long lists of factors, and prioritize them, so that you spend your time thinking about the most significant factors. Make sure that options generated are carried through to later stages in the strategy formation process. Apply it at the right level – for example, you might need to apply the tool at a product or product-line level, rather than at the much vaguer whole company level. Use it in conjunction with other strategy tools (for example, USP Analysis and Core Competence Analysis ) so that you get a comprehensive picture of the situation you're dealing with. https://www.facebook.com/TheSpantikToday/
Views: 8071 MEASIA STUDIOS
SWOT Analysis of a Company is very important for long term investors. This video is last part of 3 part video series on qualitative fundamental analysis. In the first part of this series, i shared the types of fundamental analysis. In the second part, i shared the importance of SWOT Analysis. In this last part, i have shared an example of SWOT Analysis for an IT Company. This video explains how you can take investment decision with the help of a SWOT Analysis of a Company. You can also compare the SWOT analysis of the companies in the same sector to decide which one is better for long term investment. During my analysis, i came across some interesting facts about this company. For example, though the contribution of digital revenue of this company was high at the same time, this company is not able to scale up the revenue compared to market leader in the same segment. Secondly, this company is not focusing on Govt contracts, Cloud based services, and enterprise solution. Some of the good things are sector and geography diversification. If you liked this video, You can "Subscribe" to my YouTube Channel. The link is as follows https://goo.gl/nsh0Oh By subscribing, You can daily watch a new Educational and Informative video in your own Hindi language. For more such interesting and informative content, join me at: Website: http://www.nitinbhatia.in/ T: http://twitter.com/nitinbhatia121 G+: https://plus.google.com/+NitinBhatia #NitinBhatia
Views: 15987 Nitin Bhatia
The SWOT Analysis is a tool used to put a pulse on your business and goals. SWOT means: strengths, weaknesses, opportunities, and threats. Strength elements can relate to both business and family. Weaknesses are about looking in the mirror, but also at what you may be lacking in support. Look at other industries outside of your business and family when looking for opportunities. You have no control over your threats, such as when competitors sell on price, but you can learn to manage your fear of them. www.bernardtraining.com
Views: 188 Mark Bernard
SWOT analysis is a strategic analysis used in business scale and persons to identify strengths, weaknesses, opportunities and threats It is also a useful tool in Risk based thinking required by ISO 9001:2015 In this video we will discuss Business SWOT and demonstrating how to make SWOT analysis. giving you tips and hints in every step for successful SWOT analysis. Hope this video satisfy you and enrich your knowledge and skills. If you interested in our content and like this video kindly make like fo video and subscribe our youtube channel. https://www.youtube.com/channel/UCk7Ee9FwPaJ8y75VH5d-zyw I am happy to communicate with you on the Facebook page https://www.facebook.com/Kaizen.White.Board/
Views: 10816 Kaizen Step
Subscribe! Making Dough Show is a dedicated Weekly Show to help you GROW your restaurant sales! We talk about restaurant marketing tips, ideas, and making dough! // Download our FREE Guide: 52 Ways to GROW your Restaurant sales on our website: https://www.makingdoughshow.com/52-restaurant-marketing-ideas // LET'S CONNECT: SUBSCRIBE to our Youtube Channel: https://bit.ly/2sif5kX SUBSCRIBE to our Podcast: https://anchor.fm/makingdoughshow FOLLOW us on Instagram: https://bit.ly/2SLRp42 CONNECT on LinkedIn: https://bit.ly/2D0a3QA // WHO: Hengam Stanfield is mom of 3, and the proud co-owner of two restaurants in San Antonio alongside his husband Matt. Their background is in engineering. They tripled their restaurant sales in less than 5 years with 0 prior restaurant experience. They are passionate about helping other restaurant owners grow their sales, grow their team and live the American dream! Motto : Own a restaurant that does not own you! // Need help with your restaurants marketing strategy? Let’s just chat. Email us at: [email protected] // Got questions? Submit your questions for a future Q&A episode at https://www.makingdoughshow.com/ SWOT Analysis can be done on a personal level or to a business We need to start by analyzing where we are at then look to where we want to go and how we’re going to get there Conducting a sweat analysis is a very strategic and simplified way to look at aspects of the business that actually matters Strengths Off the top of your head when you think about your restaurant in comparison to other restaurants in town that serve the same food or cuisine what are your strengths Ticket time Dining experience Your service Your reputation Your branding Your price point Your menu offerings - variety etc Your online presence Your marketing strategy Your training system You’re hiring training and termination system Your brand story and how you communicate it daily Your finances/ books etc Your labor percentage in relation to the sales Your food cost Your core management team Your location and easy access visibility The dining options you offer Dinan pick up delivery Business and that working relationships Your HR systems You have a unique selling proposition Your hours of operations Your Decor and ambiance Your diet options in your menu think are your strengths and your weaknesses of your business Threats What are 20% threats out that can have 80% damage impact! And what can you do proactively to reduce this impact! For instance with a theater coming around it is critical for me to be able to continue to be in contact directly with our customers so we can make offers we can build relationships directly with them So I’m heavily having Facebook ads and opportunities where I am capturing peoples information whether it’s there or email or phone number or there are enrolling in our messenger bot Opportunities we know that people have issues with carbs Great opportunity for me is to be thinking about how can we have for instants protein crests they were making in house Used to purchase this item from a company where they were making these crusts out of ground chicken and Parmesan cheese So what has been my strategy in the month of December is trying different recipes and I finally came up with this chicken protein crust that we’re gonna be making a house and heavily promote in the next few weeks in January Again this is an opportunity to reach a new demographic people who are into keto diet which would consider pizzerias their enemies to come and make friends with us and try our toppings and sauce in the house shredded mozzarella cheese on these protein crest we are making from scratch in house Weaknesses some of our weaknesses in this season is that my husband and I have not been able to duplicate ourselves We’re not involved in operations unless there is a big promotion going on in the world are short staffed Another weakness is our app station that is ran by my mother The app station is heavily reliant on my mom She’s a machine and she’s phenomenal In the future and other things you can consider is to do a swot analysis on a micro level What are the strengths weaknesses opportunities and threats to your kitchen operations Swot analysis of your front of the house operations Swot analysis of your front of the house manager or your kitchen manager Swot analysis of your marketing systems Swot analysis of your training systems Swat analysis of your financial systems You could go in a lot of depth analyzing your restaurant in your business on a micro level it’s strengths weaknesses opportunities and threats And come up with projects to systematically find new solutions to your current problems To save you time To get your freedom So you reply less on people and more and systems And obviously make more demo in 2019!
Views: 294 Making Dough Show
Introducing how to write a business plan part 4. Learn all about SWOT analysis for writing your business plan. Watch all Parts - https://www.youtube.com/watch?v=sUn9DogKUzE&list=PL1O57nCUQ-e8Hf4lqBwN9poofmP8hgf_8 Like, share and subscribe our young entrepreneurs forum to get future videos. Thanks for watching how to write a business plan part 4. All about SWOT analysis.
Views: 4088 Young Entrepreneurs Forum
One of the single greatest tools in a small business owners toolbelt is the ability to critically analyze how their business operates. On that note, today we’re going to talk about a useful technique for analyzing and growing your business - the SWOT Analysis. Originated by Albert S. Humphrey in the late 1960’s, the SWOT Analysis is a powerful decision making tool for any business. Let's dive in! Take a piece of paper and draw 4 squares on it. Title each square Strengths, Weaknesses, Opportunities, and Threats. Strengths: What do you do well What benefits Weaknesses: You don’t know what you don’t know Inexperience No marketing or market share Opportunities: Festival or event sales Competition left New growth Threats: Limited cashflow Can’t hire/retain employees New competition Conclusion: By taking the time to develop a SWOT Analysis you are able to quickly and clearly see a roadmap for your company moving forward both internal and external. --- Marketing 360® is the #1 Marketing Platform® for Small Business. It has everything you need from design, to marketing, to CRM. Powered by Madwire® - voted one of the Nation's Best Places to Work by Glassdoor in 2016 & 2017! Follow Us: Marketing 360® Website: https://www.marketing360.com/ Madwire® Website: https://www.madwire.com/ Facebook: https://www.facebook.com/marketing360/ Instagram: https://www.instagram.com/marketing360 Twitter: https://twitter.com/fuelsyourbrand Pinterest: https://www.pinterest.com/fuelyourbrand/ Snapchat: https://www.snapchat.com/add/fuelyourbrand Youtube: https://www.youtube.com/marketing360
Views: 1455 Marketing 360
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"MARKETING MANAGEMENT MASTERCLASS" Course Link and Discount Code: https://www.udemy.com/marketing-management-masterclass/?couponCode=MARKETING10 In this video, I have discussed the concept of SWOT Analysis. SWOT analysis is a very popular tool in the strategic planning. It can be carried out for any company, product, place, industry, or person. It is quite helpful for any decision-making situation, pre-crisis planning and preventive crisis management. Can you do a SWOT Analysis for a company or yourself? Think about….Thanks ................................................................................................ Web: www.marketingbyvijay.com Check out my blog: https://marketingbyvijay.wordpress.com/ Like my Facebook Page: https://www.facebook.com/marketingbyv... Please send your queries, feedback and suggestions on [email protected]
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http://www.driveyoursuccess.com/2011/09/strategic-business-planning-use-tows-to-move-swot-to-an-action-plan.html - Link explains how to use TOWS to move SWOT to an action plan. http://www.driveyoursuccess.com Video explains both the SWOT analysis and TOWS analysis in strategic planning
Views: 209098 Ian Johnson
Business Analysis Training & Certification provided Online from USA industry expert trainers with real time project experience. PESTLE & SWOT Techniques in Business Analysis | Business Analysis Tutorial for Beginners COURSE PAGE: https://www.zarantech.com/business-analyst-training/ REGISTER FOR FREE LIVE DEMO: http://promo.zarantech.com/free-webinar-ba/ CONTACT: +1 (515) 309-7846 (or) Email - [email protected] Get More Free Videos - Subscribe ➜ https://goo.gl/5ZqDML "business analysis tutorial" "free business analysis training" "online business analysis training" "Best business analysis training" Reviews / Testimonials from past trainees are saying: https://goo.gl/ZVfnE4 Recommendations on Facebook - http://www.facebook.com/ZaranTechLLC Testimonials on our website - http://www.zarantech.com/testimonials Refer your friends to ZaranTech - http://www.zarantech.com/be-a-friend-tell-a-friend. -~-~~-~~~-~~-~- Please watch: "High Demand for SAP HANA 2.0 Certified Consultants | HANA 2.0 Training | HANA 2.0 for Beginners" https://www.youtube.com/watch?v=PO7MPIVxEhg -~-~~-~~~-~~-~- Whatsapp: http://bit.ly/2uSFzuJ
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The Ultimate Guide to Conducting a SWOT Analysis (free download): http://bit.ly/1KqGfXX Even if you already know what a SWOT analysis is and what it’s used for, it can be tough to translate that information into something you can action. It can also be hard to examine your own business with a critical eye if you’re not entirely sure what you should be examining. Reading an example SWOT analysis for a business that is either in your industry or based on a comparable business model can help get you started. All of our SWOT analysis examples are based on real businesses that we’ve featured in our gallery of free sample business plans on http://www.bplans.com The following 6 examples are broken into three parts: 1. A quick introduction to the company. 2. The company’s SWOT analysis. 3. Some potential growth strategies for the company based on what’s revealed by the SWOT analysis.
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How to create SWOT Analysis PowerPoint Template easily We start with the SWOT diagram available in SmartArt and then convert it to shapes and customize it with Icons already available in PowerPoint. SWOT is a commonly used business analysis models. Key Links: **********25 Creative Ideas MINI Training https://www.presentation-process.com/25-creative-presentation-ideas-mini-training.html Comprehensive All In One Bundle - PowerPoint Templates: https://www.presentation-process.com/comprehensive-all-in-one-powerpoint-bundle.html **Download Free Sample Templates from Comprehensive Bundle:** https://www.presentation-process.com/download-free-sample-templates-from-comprehensive-all-in-one-bundle.html Ramgopal's PowerPoint Mastery Training Program: https://www.presentation-process.com/ramgopals-powerpoint-mastery-program.htmll
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ZACH DE GREGORIO, CPA www.WolvesAndFinance.com The most commonly talked about business tool is the SWOT analysis. If you go to business school you are going to do a lot of this. But what I have seen, is when most people do SWOT analysis, they miss out on a very important step. That is what we are going to talk about in this video. First, let us talk about what it is. SWOT analysis is a tool in business strategy to help you understand your business. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. You will take a piece of paper, and split it into four sections. Each of the four sections you label as Strengths, Weaknesses, Opportunities, and Threats. Strengths and weaknesses are things internal to your organization. Opportunities and threats are external to your organization. This activity should give you an understanding of both your company and the overall market. The problem with SWOT analysis is that it just becomes a listing exercise. People sit down and make a long list of their Strengths, Weaknesses, Opportunities, and Threats. The problem with this list is it does not tell you what your business should do. The point of business strategy is to figure out what you are supposed to do, and a list does not give you any action. I want to suggest, there is another step to the SWOT analysis. In last week’s video, we talked about celebrating your unique qualities. Business strategy should help you figure out what makes you unique, because that is what will make you successful. After you have created your SWOT analysis, and you have your list, go back through and circle the things that make you unique. For example, if you listed as a strength, a piece of technology, and your competitors all have the same technology, then that is not really a strength. You want to identify things you can do, that your competitors cannot. That is where you will stand out in the market. So that is my recommendation. Perform your SWOT analysis, but after you create your list, perform the final step of narrowing that list down to the few areas that make you unique. Once you have identified your unique qualities, all the action steps in your strategic planning document will flow naturally from those areas. This is the objective of business strategy. You are identifying the few areas where you can dominate the market. The more you can focus your company’s activities in those areas, the better you are going to perform. Neither Zach De Gregorio or Wolves and Finance Inc. shall be liable for any damages related to information in this video. It is recommended you contact a CPA in your area for business advice.
Views: 5871 WolvesAndFinance
My personal SWOT analysis is much like an analysis a company would do for a new product or service they are offering. The SWOT takes a look a my strengths, weaknesses, opportunities, and threats. By taking a personal look at these areas, I can better improve myself and show employers ways I can add value. The SWOT will help me to pinpoint what weaknesses I can turn into strengths and what threats I can turn into opportunities.-- Created using PowToon -- Free sign up at http://www.powtoon.com/ . Make your own animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
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Try my full business plan course that explains how to write every section of the business plan: https://www.udemy.com/how-to-write-a-business-plan/?couponCode=y1 SWOT analysis part of a business plan, template and strategy example. SWOT: strengths, opportunities, weaknesses, threats. For more business help, check out my apps, books and courses for entrepreneurs: http://www.problemio.com In this tutorial I explain what is a swot analysis in a business plan. Many people find this foreign sounding word to be confusing and intimidating, but it is quite simple really. Swot stands for strengths, opportunities, weaknesses, and threats. It is a nice way to examine the pros and cons of a particular business direction. When you decide on a business strategy, you can do a swot analysis to help you determine whether it is something that will be truly beneficial to your business in the short and long term. Let's go over an example of performing SWOT analysis for a business strategy decision of my own business. Let's say that the decision is to start a YouTube channel for my business. At the time of writing this, I have already started and ran a YouTube channel for over a year so this is a decision that I already made. So let's go over the key points I considered (or SWOT analysis) when I made the decision to start my YouTube channel. The strengths of this decision were that I already help entrepreneurs, and my videos would be on topics that I already know a lot about. Another strength was that I was going to be able to get my YouTube channel to grow if I funneled my app users to subscribe to the channel, and watch my videos. The weakness was that I would dis-focus my efforts and stress my resources even more than they were already stressed. The opportunity was that I would get exposure to potential hundreds of millions of YouTube users, which is quite amazing. And the threat is that I fail, waste time and have this project hurt my business. Below are more tutorials to help you write a business plan. Business planning playlist: https://www.youtube.com/watch?v=pTKvgsUrLGE&list=PLAgq5S6WQmzGEfMPCPuxa7P_VC1NywXTR Business plan for a fashion business or clothing line: https://www.youtube.com/watch?v=wqcjxFEBFYI Business plan for a day spa: https://www.youtube.com/watch?v=LYOZUyVTe1c Business plan for a boutique https://www.youtube.com/watch?v=dtz4Wgq6VOc Lawn care business plan: https://www.youtube.com/watch?v=vhrm36lfSrI How to plan and start a personal assistant business: https://www.youtube.com/watch?v=siXbQar05Hk How to write a business plan for a carpet cleaning business: https://www.youtube.com/watch?v=x1cwvbzjnKg How to open a pet store: https://www.youtube.com/watch?v=5m64WBOhbtQ How to open an animal rescue shelter: https://www.youtube.com/watch?v=IBJi1TmROZs How to start a home painting business: https://www.youtube.com/watch?v=miGuNt_nRNw How to open a coffee shop: https://www.youtube.com/watch?v=D5bibcEpOn4 How to write a business plan and open a barbershop: https://www.youtube.com/watch?v=aiG-h0N4wvY How to open a nightclub: https://www.youtube.com/watch?v=-mGhuq52Yow How to start a computer repair business: https://www.youtube.com/watch?v=VZ9XvEwDT0k How to write a business plan and start a daycare business: https://www.youtube.com/watch?v=mquu8No8phw How to write a business plan and start a residential and commercial cleaning business: https://www.youtube.com/watch?v=Zy2KGGCStdQ How to start a handyman business: https://www.youtube.com/watch?v=rkwxkhfO_wI How to write a business plan and open a hookah lounge: https://www.youtube.com/watch?v=C5iLGwsvpT8 How to write a business plan and start a snow removal business: https://www.youtube.com/watch?v=azhoBziW9dk How to plan and start a photography business: https://www.youtube.com/watch?v=4KTacErtNkQ How to become a life coach: https://www.youtube.com/watch?v=JVJPo4HRIDU Moving company business plan: https://www.youtube.com/watch?v=gHjNoSSTexQ Business plan competitive market analysis: know your competition http://youtu.be/0B42j_7bdFQ
Views: 3863 Start & Grow Your Business
This video will analyze Ford company using a SWOT analysis. It will discuss the key Ford strengths, weaknesses, opportunities and threats that affect the company in 2018, which might help you get a better understanding about the Ford and its business. The most important strength Ford has is its F-Series pickup truck line. Ford has produced the best-selling pickup truck in the U.S. market for a record 41 years in a row, via its F-Series pickup trucks. The company’s F-Series pickups outsold nearest competitor in this segment by more than 200,000 vehicles in 2017, taking a 31.8% share of the pickup vehicles market. As for the disadvantages, Ford’s major weakness is weak brand portfolio. Ford currently sells the majority of its vehicles under its own ‘Ford’ brand, with top-end luxury cars being sold under its Lincoln brand. By comparison, Toyota owns 4 different brands, General Motors - 11, Volkswagen - 12 and Chrysler owns 8 different brands. Let’s move on to the opportunities and the key opportunity for Ford is a future market for self-driving vehicles. The global demand for autonomous vehicles is growing fast, mainly due to the need to improve road safety, ease the driving experience and minimize traffic congestion in big cities. Ford was one of the first auto manufacturers to engage in developing a fully automated vehicle. The company expects to introduce a level 4 autonomous vehicle by 2021. One of the threats that affect Ford is increased competition. The automotive industry is highly competitive, both in the domestic U.S. market and in international markets around the world. This competition is fueled by the fact that global automotive production capacity far exceeds demand. In 2017, there was an estimated global excess production capacity of 35 million units. These are the key Ford SWOT strengths, weaknesses, opportunities and threats. If you’d like to access many more of them, please visit our website https://www.strategicmanagementinsight.com/swot-analyses/ford-swot-analysis.html and purchase the Ford SWOT analysis from there. If you liked my analysis, agree or disagree with it please comment and subscribe below.
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http://www.HelpWithAssignment.com The video focuses on explaining the SWOT strategic framework with the help of industry examples. The video also provides SWOT analysis for CITIBANK, UNISYS Corporation, LAM research, SWOT Analysis is one of the important measures employed in the field of Marketing. SWOT stands for Strengths, Weakenesses, Opportunities and Threats. This analysis is done to know the company's position in the market and how to plan for product development, what are the kinds of innovations that can be introduced in the present market, etc, all these things and other things are studied with the help of SWOT analysis.
Views: 3873 Helpwithassignment HwA
Learn how you can do SWOT analysis for your restaurant business. Identify the Strengths (S), Weaknesses (W), Opportunities (O), and the Threats (T) of your restaurant that you can use to plan your business strategies and make your food venture a successful one. For more information, check out this article: https://goo.gl/LZudMZ
Views: 1114 Posist Technologies Pvt Ltd
This Video give the basic concept & logic's of What is SWOT Analysis ? (Strengths, Weaknesses, Opportunities & Threats) Urdu / Hindi ZPZ Education Channel Link: www.youtube.com/channel/UCwFzeQDf9cGm_ZeTXV_t5SA
Views: 1023 ZPZ Education
When organisations enter into strategic planning, they often carry out relevant research and analyses. The SWOT & TOWS are useful tools to summarize, organize and generate possible strategic options. This video aims to give an introduction to the SWOT & TOWS by working through an example. The video is aimed at assisting marketing managment students in their learning process.
Views: 59826 Tine Wade