340 likes | 350 Views
Explore the SWOT analysis of TATA NANO in Bangladesh, highlighting its low price, high mileage, and suitability for the middle class. Discover how the car's features like low labor cost and small size make it a popular choice in high-traffic city areas. Uncover industrial opportunities and potential limitations associated with the car, along with common mistakes to avoid in SWOT analysis. Learn about factors to consider and how to conduct a successful SWOT analysis with a focus on internal and external aspects. Find out about sales and development opportunities, and the importance of SWOT-driven planning in seizing market advantages.
E N D
History of SWOT Analysis • Originated by Albert S Humphrey in the 1960s, who was an American business and management consultant . • SWOT was practiced in the 1960s and 1970s using data from Fortune 500 companies and it was going to be very popular .
SWOT Analysis – TATA NANO in Bangladesh • Low Price • Low labor cost • Low labor cost • Low labor cost • Low labor cost High Mileage • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Small in size
SWOT Analysis – TATA NANO in Bangladesh • Low Price • Low labor cost • Low labor cost • Low labor cost • Low labor cost High Mileage • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Small in size • Best choice for the Middle Class Lower maintenance cost Popular in the cities of high traffic
SWOT Analysis – industrial opportunities in Bangladesh SWOT Analysis – TATA NANO in Bangladesh • Low labor cost • Low grade material (Fiber + Aluminum) • Low labor cost • Low labor cost • Low labor cost • Manual Gear and Steering • Low labor cost • Low labor cost • Low labor cost • Low labor cost • No protection at the front • Low labor cost
SWOT Analysis – industrial opportunities in Bangladesh SWOT Analysis – TATA NANO in Bangladesh • Low grade material (Fiber + Aluminum) • Low labor cost • Low labor cost • Low labor cost • Manual Gear and Steering • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • No protection at the front • Low labor cost • Market rumor and lack of product confidence • Toyota Car has long life , upgraded and Safe Govt. Tax policy on Brand new Car
SWOT Analysis – industrial opportunities in Bangladesh SWOT Analysis – TATA NANO in Bangladesh • Low grade material (Fiber + Aluminum) • Low labor cost • Low labor cost • Low labor cost • Manual Gear and Steering • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • No protection at the front • Low labor cost • Market rumor and lack of product confidence • Toyota Car has long life , upgraded and Safe Govt. Tax policy on Brand new Car
Common Mistakes • Confusion on Strength and Opportunities • Confusion on Weakness and Threat • Confusion on external and internal issues • Too much information • / Absent of key words/ • Improper focus
How to make SWOT • Select the exact problem • (Application of SWOT) • Group discussion and brainstorming • Consider all aspects • ( 3P is a helpful on internal analysis • 5P is for external analysis)
SWOT Analysis – Factors need to be considered • Product • People • Production/ Process • Price • Position/Place/Environment 5 P :
SWOT Analysis of SPD by RAKIBUL ALAM - 20070910, Manager • STRENGTH • Reasonable Price. • Big Sales Team. • Availability of Stock. • WEAKNESS • Over market price than others. • Delay in delivery process. • Weak marketing Strategy. • THREATS • Decrease sales revenue. • Customer’s dissatisfaction. • Sustainability in competitive market. • OPPORTUNITIES • Wide range of customers. • Growth in sales volume. • Easy of fulfillment of customers demand
SWOT Analysis – industrial opportunities in Bangladesh SWOT Driven Planning
SWOT Analysis – industrial opportunities in Bangladesh SWOT Driven Planning Strength Strength
SWOT Driven Planning: Counter Attack Strength Opportunities
SWOT Analysis – industrial opportunities in Bangladesh Limitation of SWOT analysis: • SWOT analysis can be very subjective. • Two people rarely come up with the same final version of a SWOT • It’s suggestion not the prescription
Group Task: SWOT + Driven Planning • Sales opportunities of NML: • BSiii model • TATA Ultra or any new model • Recondition vehicle • Development opportunities of : • Operating Division • SPD • Service • Nitol Motors Ltd
SWOT Analysis – industrial opportunities in Bangladesh • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Available Energy source • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • High Consumer demand • Increases local and foreign investment Reduce manufacturing cost Increase of profitability
SWOT Analysis – industrial opportunities in Bangladesh SWOT Analysis – industrial opportunities in Bangladesh • Low labor cost • Bureaucratic Complexity • Low labor cost • Low labor cost • Low labor cost • Insecure Environment • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Low labor cost • Transportation Delay • Delay of Project & Shifting Loose of interest and shut down Increase of Cost
Scope of SWOT Analysis – Build your Strategy • Where it can be used: • Internal analysis- Identify barriers that will limit goals/objectives • New business/Action- Planning project or in a business venture • Environmental analysis- Decide on direction that will be most effective • Competitive analysis- Competitive Advantage • Revise planning - Explore new solutions to problems • Pls note: A SWOT analysis can be carried out for a product, place, industry or person.
SWOT Analysis – Factors need to be considered • Fix the angle: • 2. Zoom on Target: • Zoom In • Zoom Out
Thank You • For more information, Pls visit to my website: • https://hossainmce04.wordpress.com/ • You can e-mail me in the following ID if you have any suggestion : • rusho_mce@yahoo.com