In: Finance
SnowSports Interactive: A Global Start-up’s Challenges
overview
Australia-based SnowSports Interactive’s core intellectual property combined the latest positioning, wireless, and identification technologies with proprietary tracking and analysis software. SSI identified the company’s business activities as subject to relatively high risk factors, risks that were related to its business activities and were also of a general business nature. These risks included: limited operating history and forecasted losses, intellectual property, national and international regulations, specific country laws, dependence on third -party suppliers, schedule delays, seasonal market fluctuations, and competition. To manage such risks, SSI managers prepared a risk management plan detailing both preventive and contingency actions.
CASE DISCUSSION QUESTIONS
Strengths, Weaknesses, Opportunities, Threats (SWOT) Analysis | |
Strengths | SSI Company |
What are your business advantages? | intellectual property |
What are your core competencies? | analysing software |
Where are you making the most money? | not yet |
What are you doing well? | not much |
Weaknesses | |
What areas are you avoiding? | innovation and marketing |
Where do you lack resources? | dependence on third -party suppliers |
What are you doing poorly? | handling management |
Where are you losing money? | might be |
What needs improvement? | updating technologies |
Opportunities | |
Any beneficial trends? | Exploring new technologies |
Niches that competitors are missing? | already big brand companies |
New technologies? | exploring stage |
New needs of customers? | updated with what customers want |
Threats | |
Obstacles to overcome? | dependence on third -party suppliers/ limited operating history |
Aggressive competitors? | forecasted losses |
Successful competitors? | competition |
Negative economic conditions? | schedule delays |
Government regulation? | specific country laws/national and international regulations |
Changing business climate? | seasonal market fluctuations |
Vulnerabilities? | intellectual property |