It would also a step forward to bridge the gap between the university and industry. We are also especially thankful to the Production manager of Descon chemicals Pvt ltd, who did great cooperation in this regard to prepare the report, and given us enough information, so that we can prepare real factual report. It is a common phrase used to abbreviate Strengths, Weaknesses, Opportunities and Threats.
Successful strategies address four elements of the setting within which the company operates: This set of four elements—strengths, weaknesses, opportunities, and threats—when used by a firm to gain competitive advantage, is often referred to as a SWOT analysis.
Conversely, examining opportunities and threats is a part of environmental analysis—the company must look outside of the organization to determine opportunities and threats, over which it has lesser control. The answers to these questions provide the input for an effective strategic management process.
Whatever capability a company has can be regarded as strength. There are many examples of organizational weaknesses. For example, a firm may have a large, bureaucratic structure that limits its ability to compete with smaller, more dynamic companies.
Another weakness may occur if a company has higher labor costs than a competitor who can have similar productivity from a lower labor cost. The characteristics of an organization that can be strength, as listed above, can also be a weakness if the company does not do them well.
Opportunities provide the organization with a chance to improve its performance and its competitive advantage. Some opportunities may be anticipated, others arise unexpectedly. Opportunities may arise when there are niches for new products or services, or when these products and services can be offered at different times and in different locations.
For instance, the increased use of the Internet has provided numerous opportunities for companies to expand their product sales. Every company faces threats in its environment. Often the more successful companies have stronger threats, because there is a desire on the part of other companies to take some of that success for their own.
Threats may also come from government regulation or even consumer groups. A strong company strategy that shows how to gain competitive advantage should address all four elements of the SWOT analysis.
It should help the organization determine how to use its strengths to take advantage of opportunities and neutralize threats. Finally, a strong strategy should help an organization avoid or fix its weaknesses. If a company can develop a strategy that makes use of the information from SWOT analysis, it is more likely to have high levels of performance.
Nearly every company can benefit from SWOT analysis. Larger organizations may have strategic-planning procedures in place that incorporate SWOT analysis, but smaller firms, particularly entrepreneurial firms may have to start the analysis from scratch. Additionally, depending on the size or the degree of diversification of the company, it may be necessary to conduct more than one SWOT analysis.
Many organizational executives may not be able to determine what these elements are, and the SWOT framework provides no guidance.
SWOT Analysis of Engineering company 1. SWOT Analysis of My Future Engineering Company Presenter: Mak Kimleang Teacher: Peter Berechree. Highest turnover of the engineers in the department. Unavailability of instrument engineer in case of respective shutdowns. SWOT Analysis of Production Dept of Descon Chemicals Pvt Ltd. Strengths: Highly motivated and experienced Management staff including Top rated double degree Process Engineers. Self motivated and experienced non-management staff. Feb 20, · SWOT analysis of Engineering Colleges February 20, March 2, Dr. V. Gopa Kumar The strategic planning process of an Engineering College must begin with SWOT analysis in which strengths, Weaknesses, Opportunities and Threats of .
For example, what if a strength identified by the company is not truly a strength? While a company might believe its customer service is strong, they may be unaware of problems with employees or the capabilities of other companies to provide a higher level of customer service.
Weaknesses are often easier to determine, but typically after it is too late to create a new strategy to offset them. A company may also have difficulty identifying opportunities. Depending on the organization, what may seem like an opportunity to some, may appear to be a threat to others.
Opportunities may be easy to overlook or may be identified long after they can be exploited.SWOT ANALYSIS STRENGTHS Strong engineering capacity. Descon has the largest and strongest engineering capacity all over the Pakistan, that infact includes the other regional workstations that are working abroad as an one unit.
SWOT ANALYSIS OF DESCON grupobittia.com ENGINEERING Over the last three decades Descon has evolved into a multi-faceted Engineering and Manufacturing concern and has further spawned a group of ventures with a diverse activities portfolio: Project Management, EPC, Engineering, Manufacturing, Construction, Maintenance, Software Development, Mining, Chemicals and Trading.
Performing a SWOT Analysis.
July 8, by Bernie Roseke, grupobittia.com, PMP Leave a Comment. Bernie Roseke, grupobittia.com, PMP, is the president of Roseke Engineering. As a bridge engineer and project manager, he manages projects ranging from small, local bridges to multi-million dollar projects.
Descon Engineering Limited - Strategic SWOT Analysis Review provides a comprehensive insight into the companys history, corporate strategy, business structure and operations. The report contains a detailed SWOT analysis, information on the companys key employees, key competitors and major products and services.
Study of Strategic Planning in Descon Engineering - Free download as PDF File .pdf), Text File .txt) or read online for free. Presentation on Study of Strategic Planning in Descon Engineering SWOT Analysis and Nestle Pakistan.
Financial Analysis of National Food. Shock Therapy vs State Capitalism. Shock Therapy vs. State Capitalism. SWOT ANALYSIS OF MECHANICAL DEPARTMENT. U.E.T TAXILA mechanical engineering U.E.T Taxila.
Mechanical engineering department of U.E.T Taxila was on top in Pakistan about 5 years ago. This report basically shows the strength, weakness, oppurnities and threats of mechanical department.
INTRODUCTON: SWOT analysis is analysis of strength, weakness.