350 Word Synopsis
External Forces | Strength | Weakness | Opportunity | Threat | Trend |
Legal and Regulatory | Strong respect for legal entities concerning the company and this new division. | Regulations on the foreign market may be difficult to combat. | Take advantage of regulations to implement new software and division into various markets. | Any patents that companies already own concerning technology developed by us. | IBM follows the laws and regulations set up by the government. |
Global | IBM is well established in countries outside the U.S. | May not be able be profitable in more poor countries. | Countries outside the U.S. are eager for youth to learn technology | Foreign technology companies reproducing products for their own people. | Countries eagerness for technology advancement should open the door for sales. |
Economic | Rise in the economy should give people more inclination to purchase goods. | So much technology is free through apps and such that people may not pay for knowledge. | Take advantage of the better economy during holidays when customers are willing to pay more. | If the economy took a turn for the worse again, it could affect sales. | The economy has improved over the last couple years and should continue to do so. |
Technological | Software team is at the top of the industry. | Software may already seem “too difficult” by older community. | Schools using up to date technology in classes could lead to software implementation. | Smart devices making computer software obsolete. | Technology is constantly improving and this generation wants it. |
Innovation | Developing technology to cater to anyone in the family. | Innovating quicker than the public has time to react. | People want advancement in technology and this division is willing to innovate that on their level. | Foreign or domestic innovation rising at a quicker pace than the company. | Innovation will continue to rise, especially on the technological level. |
Social | Division is focused on the family unit and connecting those families to technology and each other. | May not be able to attract those in a “lower” social class. | More socially acceptable and normal to be equipped with technology today than ever. We can advance that in all circles. | More acceptable and “cool” innovators like Apple may influence the younger demographic. | Most social circles depend on their technology every day. |
Environmental | The environment is focused on the new technological advancements that are produced. | The environment is saturated with many technology companies competing for superiority. | Opportunity to take a lead with new mentality toward supply chain. | Rival companies being more popular. | The environment will be engaged in a through way. |
Competitive Analysis | IBM is an established threat to competitors in name and reputation. | Companies will seek to reproduce software and other services from the division. | Focus on the loyalty of repeat customers. | Companies such as Apple will aim there production at similar demographics. | Technology competition will constantly intensify. |
Internal Forces | Strength | Weakness | Opportunity | Threat | Trend |
Strategy | Targeting the whole family unit. | Too broad of a focus. | Reaching kids eager to learn and adults wanting to use technology for their own gain. | Families may not feel the need to learn technology. | Strategy is always being reinvented and reproduced for any new products or services. |
Structures | Strong production and marketing structure in the past and can still be implemented. | May not have the experience to structure around this new division. | Good chance to learn and adapt new ways of structuring the division. | IBM has a stable structure of conducting business. | |
Processes and Systems | New Supply chain methods increasing customer satisfaction | Opportunity to bridge customer relations with new system of supply chain. | |||
Resources | IBM has many resources both global and domestic as well as funding. | A lot of younger tech graduates may want to work for more popular companies. | Make the work environment more enticing to attract better employees. | The appeal of more popular companies may lure better employees away. | IBM is solidified in its place in the technology world. |
Goals | The division’s dedication to reaching the whole family. | May be difficult to branch to every member of the family. | Reaching a wider market of families not just domestically but internationally. | Focusing on the family may threaten focus on a single demographic. | Goal setting is a constant focus for new divisions. |
Strategic Capabilities | Strong marketing campaign for the family unit. | Has become less well known in the technology field in the household community compared to other businesses. | Using abundance of resources to make the division a household name. | Rival marketing strategies from more popular companies can overshadow. | Smart employees come up with great strategic ideas. |
Culture | Innovation for the family brings a joy to the division staff. They get to make a difference for families. | Companies like Apple have a more “fun” environment reputation than IBM. | Create a more attractive culture in order to bring in more qualified employees. | If employees are not pleased, they could leave to pursue other positions at rival businesses. | Employee culture is always being improved on. |
Technologies | IBM has a history of technological advancement that will now be geared toward the family. | Never focused technology on this sort of demographic. | New software programs can be created to focus on the new division of family. | Employees’ lack of knowledge concerning technology designed for family could be countered by other companies. | Technology is constantly being adapted and improved upon. |
Innovations | Young intelligent staff coming up with new ways to develop the division. | Never focused on this side of development before. | Developing new products and services targeted at families eager to learn. | Other companies innovating at a quicker rate. | Innovation is a staple for IBM. |
Intellectual Property | New division means new inventions and developments. | Patents may not come fast enough before others reproduce. | Software or services in division could benefit from a patent. | Other companies could reproduce in a better way and gain their own patent. | IBM will continue to lead in the development of intellectual properties. |
Leadership | Leadership team is taking from experienced management figures from other divisions to collaborate. | Old way of thinking may be obsolete. | Chance for new management to step in with better skills for the public. | If a manager/leader stepped down during production it could disrupt the team. | Leadership team is well established and experienced. |