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. |