General Motors SWOT General Motors is one of the most highly decorated American car manufacturers in the world. Winning top honors from the Global Supply industry (Awards). General Motors earns countless awards throughout the brands of the company year after year. Founded in 1897 by William Durant, General Motors is one of the world’s largest car manufacturers. With Mary Barra’s leadership, General Motors produce cars, trucks, and hybrids. GM owns 18 brands, but their most famous makes are Cadillac, Chevrolet, Buick, and GMC (GM Profile). The purpose of this paper is to pinpoint General Motor’s strengths, weaknesses, opportunities, and threats. SWOT analysis is a tool used to help organization leaders and managers summarize the organization’s
3. The acronym SWOT stands for an organizations strengths, weaknesses, opportunities and threats. A SWOT analysis is strategic planning method that evaluates the internal and external performance of an organization to see if it’s favorable or unfavorable to achieve whatever objective you are set out to accomplish. Strengths and weaknesses usually arise from the internal aspect of an organization, whereas opportunities and threats evolve from external components. By performing a SWOT analysis it provides information to managers to help formulate a successful strategy to achieve goals.
According to Nicole Fallon of the Business News Daily, a SWOT analysis is an analytical framework that can help any company face its greatest challenges and find its most promising new markets, by identifying the organization’s strengths, weaknesses, opportunities and threats (2017). It allows for an extensive evaluation of the company’s internal and external resources as well as current and future threats that the company may face. This process can be a great asset in determining and exploring new initiatives, as it helps to identify areas of improvement within the organization while helping with the facilitation and implementation of new business policies. This process is crucial in refreshing the strategies and tactics of any
Gwendolyn, your discussion post for this weak was very interesting to me. I like when you stated that ‘A SWOT analysis should roadmap the purpose for business and aid in the decision-making process’. A company SWOT analysis should show its purpose and how to analyze and look at all areas of the organization and then develop a plan for the organization ( Parnell, 2014). Gwen it also is very helpful to know what the word SWOT means. SWOT means threats, weakness, strength, and opportunities. SWOT involves composing a list of weakness and strengths for a business that pertain to a project and then look at the threats from the outside of the company and how it will impact the company. Gwendolyn is also is very helpful to a business to
I have grown up around General Motors vehicles. My grandparents drove Cadillacs and Buicks, my parents and I drive Chevrolets. The vehicles have always been reliable and the dealerships were always pleasant. For this final paper, I decided to go deeper into the company.
Nowadays, General Motors is a widely known corporation, which has the offices and services present in the different parts of the world. The company was established in 1908, and since then, it aims towards the constant innovation and development of the new products (Pelfey, 2006). Today, it is present in 120 countries around the world and continues opening the offices and dealerships worldwide (General Motors: About GM, 2016). General Motors change the flow of history and business processes in the automobile world by making it a multinational corporation. Currently, it has a vast variety of the sub-brands including Chevrolet, Buick, GMC, and Cadillac, which specialize in delivering the best vehicles to the customers (General Motors:
General Motors (GM) is a leading corporation in the automotive industry. GM claims that they are committed to distributing vehicles that are economic, offer compelling designs, high quality, reliability, and safety for their consumers (General Motors, n.d.). However, evidence displays that needed organizational and cultural changes continue to occur within the GM Corporation to successfully offer such commitment (Samilton, 2014). It is arguable that a faulty ignition switch and recall had a large impact on these ongoing changes (Samilton, 2014). GM requires analysis of its organization and organizational transition to assure industry success.
General Motors (GM) is a global company in the automotive industry operating in 59 countries. GM currently owns the Chevrolet, Buick, GMC and Cadillac brands, but it owned others such as Pontiac, Saturn and Hummer is previous years. The automobile company is well known for its customer relationships and quality. Over the past few years, they have built a strong message for caring about their customers “for as long as they own the vehicle.”
The American automotive industry has led the American economy for many years. This industry has shaped our development, and influenced American culture and social mores. Now, ensnared by globalization and other dominant factors, it faces a difficult reality. The American automotive industry significantly impacted the lives of Americans. Detroit’s “Big Three” had the most significant roles in this. Chrysler, Ford, and General Motors were American symbols. They are credited for a significant percentage of all American jobs; they put numerous blue-collar families into the middle class, and helped America cultivate into the giant of the twentieth century. Unfortunately, the fabled automotive firms are not what they once were and are traveling
General Motors (GM), the world leading of automotive industry, produces different types of automobiles. The firm owes an excellent automotive portfolio, including, Buick, Chevy, GMC, and Cadillac. These four major brands are the primary revenue to support the firm grow exponentially in the last few decades. During its long-time history, GM was facing many difficulties such as financial issues and tough regulations. Sociocultural, technological, economic, environmental, and legal factors are the vital forces that impacting significantly to GM in external, and internal issue as well.
SWOT analysis is a tool that is used to recognize the strengths, weaknesses, opportunities and threats of an organization (Investopedia,
General Motors Corporation (GM) is another leader in the automobile industry. It is located in Detroit and operates in almost 157 countries. It has close to 207,000 employees. Its products are Chevrolet, GMC, Buick and Cadillac. GM revenue was almost $155.4 billion globally during 2013 (Ruiz, 2014).
A SWOT analyze helps to show what strengths to continue to promote, What weaknesses the company needs to address and fix, the opportunities that management needs, consider for the company to become stronger, and finally, what threats that need to be addressed so that the management can try to develop a plan to help the company thrive. Without some idea of what they are up against as far as the four items in a SWOT, most managers would not have an idea of where the company was heading in the
General Motors, a once supposable untouchable force, was immediately a leader in the field of automobile manufacturing upon its establishment in 1908. Its focus on motorised transportation saw its rapid success and accession through the acquisition of many companies with the mission statement of “a car for every purse and purpose”, making it a super power within the motorised industry. However, due to a number of internal and external problems within the business, General Motors began to quickly demise. Japanese automotive manufacturer, Toyota, established as an independent company in 1937, directly attributed to the demise of General Motors. It was not due to a direct sabotage, rather, Toyota were able to perform and were highly
General Motors is an American automobile company incorporated in 1908. Their head office is located at Detroit, Michigan. GM produces vehicles in 37 countries under ten brands, including, Buick, Cadillac, GMC, Chevrolet, Opel, Holden, Vauxhall, Wuling, Baojun, Jie Fang, UzDaewoo. GM has been in the spotlight in recent years due to the Chapter 11 reorganization in 2009. Hummer, Pontiac, and Saturn were closed as a result. The company has reported annual profits since 2010. As fuel efficiency became a high demand in the U.S. markets, GM has responded to market demands by designing small-car programs for the U.S. market. GM has also committed
SWOT analysis basically entails identifying and outlining the organization’s strong attributes that are helpful to achieving the objectives(strengths); weak attributes of the organization that are harmful to achieving its objectives (weaknesses); external opportune conditions that are helpful to achieving the organization’s objectives (Opportunities); external conditions that are harmful to achieving the organizations objectives(threats). Basically the organization identifies and strategizes on how to use each strength, stop each weakness, exploit each opportunity and defend itself against each threat in order to maximally achieve their objectives.