These strengths not only help it to protect the market share in existing markets but also help in penetrating new markets. The company sells communications and digital entertainment products and services through its chain of Reliance Web World retail outlets. It also solves the long list problem where organizations ends up making a long list but none of the factors deemed too critical.
A comparative example could be - GE healthcare research helped it in developing better Oil drilling machines. The marketing of the products left a lot to be desired.
SWOT does not show how to achieve a competitive advantage, so it must not be an end in itself. The questions are examples, or discussion points, and obviously can be altered depending on the subject of the SWOT analysis.
Get Full Essay Get access to this section to get all help you need with your essay and educational issues. Organization structure is only compatible with present business model thus limiting expansion in adjacent product segments.
Given the Relaince swot analysis essay of expansion and different geographies the company is planning to expand into, Reliance Industries needs to put more money in technology to integrate the processes across the board.
The company has more than 20 million customers and serves individual consumers, enterprises, and carriers, providing wireless, wireline, long distance, voice, data, and internet communications services through a number of operating subsidiaries.
It was with this belief in mind that Reliance Communications formerly Reliance Infocomm started laying 60, route kilometres of a pan-India fibre optic backbone. In the next few years the company can leverage this opportunity by knowing its customer better and serving their needs using big data analytics.
Established init is a subsidiary ofReliance Industries. There are interrelationships among the key internal and external factors that SWOT does not reveal that may be important in devising strategies.
Successful track record of developing new products — product innovation. It will enable the firm to maintain its loyal customers with great service and lure new customers through other value oriented propositions.
This brand portfolio can be extremely useful if the organization wants to expand into new product categories. Porter, Competitive Strategy New York: Secondly the supply of new products is not regular thus leading to high and low swings in the sales number over period of time.
Strong distribution network — Over the years Reliance Industries has built a reliable distribution network that can reach majority of its potential market. Limited success outside core business — Even though Reliance Industries is one of the leading organizations in its industry it has faced challenges in moving to other product segments with its present culture.
Opening up of new markets because of government agreement — the adoption of new technology standard and government free trade agreement has provided Reliance Industries an opportunity to enter a new emerging market.
Strong Brand Portfolio — Over the years Reliance Industries has invested in building a strong brand portfolio.
Automation of activities brought consistency of quality to Reliance Industries products and has enabled the company to scale up and scale down based on the demand conditions in the market. New technologies developed by the competitor or market disruptor could be a serious threat to the industry in medium to long term future.Swot Analysis of Reliance Communication.
GSM technology. It took several CDMA operators, device makers and technology facilitators to make India a well known. Essay on Swot Analysis.
Mashell Chapeyama University of the People Swot analysis for Chipinge Banana Company Swot analysis is an environmental scanning tool. It is widely used in the world of business in analyzing some factors that have a great bearing on the company’s drive to achieve its mission.
SWOT Analysis SinceSWOT has been the most effectively used analysis method of any company. It helps the company managers to analyze, access and evaluate the pros and cons of any particular company. Here's the SWOT analysis of Reliance Industries Limited (RIL) which is one of the largest Indian-based companies involved in energy, textile etc RIL is the first Indian private sector company to feature into the Fortune Globalwith.
The SWOT Analysis template is normally presented as a grid, comprising four sections, one for each of the SWOT headings: Strengths, Weaknesses, Opportunities, and Threats.
The free SWOT template below includes sample questions, whose answers are inserted into the relevant section of the SWOT grid. SWOT analysis of Reliance Infocomm and it's strategies to promote Reliance Infocomm.Download