Strategic Plan, Part Ii: Swott Analysis

Swott helps a company see itself for better or for worse. It forces a company to look at the strengths and weaknesses of the company while planning the right moves for the future. Every company could benefit from the swott analysis. All internal and external factors are evaluated and put into consideration and the business is built off of the results. Customer needs are met by providing the best of the best

A strategic plan is a tool that delivers guidance in achieving a mission or goal with maximum proficiency and control for an organization. Strategic planning is used to transform and revitalize organizations. The plan helps provide an inclusive understanding of opportunities and challenges both internally and externally for the organization. The plan delivers an assessment of the strengths and limitations that are realistic within the company. A well-developed strategic plan will offer a comprehensive approach and empowerment for the stakeholders involved. It is an opportunity for learning and understanding priorities that will drive the business to succeed. Jones (2010), describes how in health care organizations, strategic plans

He can fill the application form through the online mode and can also know about the guidelines from the internet. Visiting the lender is a time-consuming process for the borrowers. Through the online mode, the loans can be availed with few clicks of the mouse.

• The Proposed outcomes will include the new secure online loan processing program, which will provide secure storage of

The regulation that I have chosen for this paper is amendment in the Regulation X i.e. “Real Estate Settlement Procedures Act” and Regulation Z which is for “Truth in Lending”, for establishing the new disclosure requirements and forms in Regulation Z for the most closed-end consumer credit transactions secured by the real property. This regulation is controlled by the Bureau of Consumer Financial Protection. The role of the Consumer Financial Protection Bureau (CFPB) is to provide consumers information related to the terms of their agreements with financial companies during their application for a mortgage, choosing among credit cards, or using any number of other consumer financial products. The mortgage market is the single largest market for the consumer of financial products and the services in the United States, with approximately $10.4 trillion in loans outstanding. Since last decade, market went through an unprecedented cycle of the expansion and the contraction that was fuelled in the part by securitization of mortgages and the creation of increasingly sophisticated derivative products. This led to the collapse of financial system in 2008 and sparked the most severe recession in United States.

An exchange of Web links opens up McBride Financial to the world of viral marketing and exposes them to search engines, meaning a greater potential for someone on the Internet to find McBride Financial Services. In the last decade, more homebuyers have found their new home online. In a study done by the National Association of Realtors (NAR) in 2008, 35% more people used the Internet to find a new home versus using a newspaper (WB3). In respect to the research done by NAR, it is suggested that McBride Financial Services should consider expanding their presence on the Internet elevating their exposure to the target market and expanding their marketing niche.

Prior to enhancing a product within a large corporation, the company must have a strategic plan in place to ensure that the change runs smoothly. The strategy plan will focus on the company’s strengths, weaknesses’, opportunities, threats, and trends in terms of the new product, by developing and performing a SWOTT analysis. “A SWOTT analysis is an acronym for the internal Strengths and Weaknesses of a firm, and the environmental Opportunities and Threats facing that firm. SWOTT analysis is a technique through

Strategic planning can dictate the success of any organization if properly planned as well as the failure of an organization if not implemented as planned. Strategic planning is all about making choices. It is a process designed to support leaders in being intentional about their goals and methods. Simply stated, strategic planning is a management tool, and like any management tool, it is used for one purpose only—to help an organization do a better job. This portion of the strategic plan will explain why an

Online Lender for Mortgage Refinance provides real-time rate quotes, e-signature platforms for paperwork, and secure document upload portals eliminating excessive paperwork.

Assume people want to buy a house, so people can go to commerical bank apply for loans, then commerical bank agree to borrow money and set a schedule for people to repay. After that, bank has two choice of that mortage, bank can hold the mortgage and earn the interest that people pay for bank every months. Also, bank can sells the mortgage to investment bank. At first the commerical bank can quickly gets cash, and give loans to other people who also want to buy house, and secondly, commerical bank will have no more responsible for any risk of that mortgage.

In addition, utilizing lead-generation services like Thumbtack and Amazon to obtain high-quality, engaged prospects, will enable us to obtain more customers. Furthermore, utilizing marketing sheets directed at realtors and those who are likely to need our services will also be employed. Lastly, building up a solid presence on the internet through the use of a company web site, as well as online search engines like Google and Bing will also be implemented. Concerning this particular strategy, BrightLocal (2015) noted that “95% of consumers use the Internet to find local merchants…and 65% of consumers are more likely to use a business that has positive reviews” (as cited in Mejia, Gopal, & Trusov, p. 635). This validates the notion that securing a robust online presence is indeed within our company’s best

Technology and data enhanced solutions to the real estate market and companies engaged in the origination and/or servicing of mortgage loans.

These brokers have neither the credit skills nor the interest to conduct proper payment due of potential homebuyers. Their interest is only in selling the houses as fast as they can. The MBS instruments allowed all financial institutions to transfer the risks to other investors. The dissociation of ownership of assets from risks encouraged poor credit assessment and was fundamental increasing the risks.

Virtual banking services which had been deployed since 1980 by Bank ONE of Columbus, Ohio (Darlin 1997), had a tremendous growth since then to 1,130 banks deploying online banking services by

SWOT Analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project or in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favourable and unfavourable to achieving that objective. The technique is credited to Albert Humphrey, who led a research project at Stanford University in the 1960s and 1970s using data from Fortune 500 companies.[1]