Ikea Swot Analysis

966 WordsJul 4, 20104 Pages
Ahere are certain tools that helps in developing an insight view of the company such as PESTLE/STEP analysis, SWOT, resourced based view and value chain, which helps in giving the information that reveals the current position of the firm in the market. Further, these tools have been used to analyse Goldman Sachs. “A company which is a leading global financial services firm providing investment banking, securities and investment management services to a substantial and diversified client base that includes corporations, financial institutions, governments and high-net-worth individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in London, Frankfurt, Tokyo, Hong Kong and other major financial centres…show more content…
For example, the political condition is stable for Goldman Sachs in one of the growing economies i.e. the Indian economy, but there are fears of hung parliament due to lack of clear majority in parliament creating fears of wrong investing in the minds of investors thereby reducing capital. Such kind of factors can influence Goldman Sachs depending upon the context in which it is operational. SWOT analysis Organizational capabilities are formed when a firm utilizes its resources efficiently and effectively. For example Goldman Sachs would be able to deliver outstanding customer services by helping the firms to reduce its debt load. This and other factors help to determine the core competence of Goldman Sachs. Furthermore, there are tools in strategic management that helps in analysing the core competencies of a firm. For example one of the tools that help in analysing the current economic position of firm is SWOT analysis. Further, it consists of specifying the project and helps to spot the internal and external factors that are favourable and unfavourable to achieving that objective. The strengths and weaknesses usually can be arisen from within an organisation, and the opportunities and threats from external sources could be seen (Pettinger, 2004). Based on the above discussion SWOT analysis model has been used to determine the core competencies of Goldman Sachs. Goldman Sachs SWOT

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