Professional Documents
Culture Documents
SUBMITTED TO:
SUBMITTED BY:
PRIYA SINGH-14609147
VAIBHAV KUMAR YADAV- 14609099
1) SUMMARY
2) SWOT ANALYSIS
A SWOT analysis (alternatively SWOT matrix) is a structured planning
method used to evaluate the strengths, weaknesses, opportunities and threats
involved in a project or in a business venture. A SWOT analysis can be carried
out for a product, place, industry or person. It involves specifying the objective
2
of the business venture or project and identifying the internal and external
factors that are favourable and unfavourable to achieve that objective.
Provide an
organisation a
wide view of
flow of work
Expensive
Strength
Integration of
s with
business
Weakness
customers and
suppliers.
Taking
programmed
and routine
decisions
becomes
easier
Allows
streaminglining
of business
process
Costly
Training is
required
Security
poroblems.
global
market. of
automobil
es is
booming
Complex
Opportunit
ies
Threats
effeciencie
s of
informatio
n systems
are high.
privacy of
data is
endangered
modern
daday
scenarios
require
such
systems
Difference in
opinion over
ROI os
systems.
Thomas A. Edison said Our greatest weakness lies in giving up. The
most certain way to succeed is always to try just one more time. Ways Hyundai
could opt to overcome it weaknesses and avert threats are:
3
To consider the usefulness of each matrix in helping management make informed judgements
about how IS/IT should be developed in the organisation;
To identify key issues and ideas raised by each
To consider the common ground or areas of conflict amongst the various ideas expressed in
the matrices
To identify how far it is possible to produce a composite matrix which will help management
formulate IS/IT strategies and policies.
The matrices considered are a representative sample, inevitably including the most well-known, not a
comprehensive analysis. In each one the axes have, where necessary, been altered to a common
structure to aid the comparison process.
Hig
h
Factory
Strategic
Support
Turnaroun
d
Operational
Dependence
Low
Low
Strategic Impact
High
The matrix was developed for use in assessing an organisations or business units total IS/IT
application portfolio, in order to determine the importance, and therefore management approach
required, of IS/IT in the business.
Where IS/IT was not and could not be seen to become critical to the business the role was support. If
the business depended on IS/IT today but could see little benefit from further investment then a
factory role is appropriate. Strategic implies existing and future systems are critical to business
success and turnaround that future systems investment will be more important than existing
systems.
The analysis relates two aspects of IS/IT as it affects the organisation:
5
a) How IS/IT is being used in the industry in which the business competes, i.e. the market forces
affecting IS/IT, and
b) How much IS/IT currently contributes to business operations.
Strategic
Turnaround
Factory
Support
Monopoly - a central utility or service is the best way of satisfying business needs.
Scarce Resource - choices of IS/IT investment should be made on financial grounds.
Capacity
Planning
System
Productio
n
Planning
System
support
systems
Machine
Planning
system