Question

Develop a SWOT analysis for Sprint

no case details. Just current information on Sprint vs Tmobile to develop a SWOT.

Answer 1

SWOT analysis is an important technique to understand the present (S)Strength, (W)Weakness, (O)Opportunities and (T)Threats and is a strategic planning used by SPRINT managers to do their company's analysis and it is facing it in its current business environment.

The Sprint is a leading and a stepping organizations in its industry. It maintains its specified position in market by analyzing and reviewing the SWOT analysis carefully.The process of SWOT analysis is very highly interactive and also requires effective coordination among various departments within the firm such as finance, marketing, operations, management related information systems and strategic plannings.

The SWOT analysis for Sprint:-

STRENGTHS

• Sprint has built expertise in entering new markets and is successful in it. This has helped them to build new revenue streams.
• Sprint is investigating highly trained and skilled workforce and is motivating its employees who are not so well trained to achieve more.
• It has built a great cultural relationship between distributors and dealers. the dealers promote the company's products and also invest in it to achieve more targets.
• Product innovation is the another major thing which makes it better in developing new products.
• It is very successful in GO TO MARKET STRATEGIES for its products.

WEAKNESS

• Sprint is not highly successful at integrating different work cultures.
• They need a huge investment in new technologies. They need to put more money in order to expand across the abroad too.
• Financial planning not so efficient and also has to develop internal feedback mechanism.
• Investment in panning and research development is very low as compared to other highly efficient firms.
• It is not very good at product demand forecasting leading to higher rate of product missed opportunities compared to its competitors.

OPPORTUNITIES

• The new taxation policy can effectively impact the way of doing the business and can open new opportunities.
• The new technology provides an opportunity to Sprint to practice differentiated pricing strategies in the new market.
• Government green drive opens an opportunity for procurement of Sprint products by the state as well as federal government contractors which is a very good point of opportunity.
• The development of market will lead to dilution of competitor’s advantage and enable Sprint to increase its competitiveness as compared to the other competitors.
• Opening up of new markets because of the agreement of the government.

THREATS

• New regulations of the environment under Paris Agreement (2016) could could be a threat to some existing products.
• Shortage of skilled workforce could be a major threat.
• Growing strengths of local distributors could be another major threat in the leading market.
• the highly profitable product's demand is seasonal therefore peak season may impact it and could be a threat.

Current Information On T-Mobile and Sprint:-

The merger of T-Mobile and Sprint , the third and the fourth largest company respectively, is going to happen which was planned over several years. On June 18, the mobile carriers submitted a formal application to the Federal Communication Commission, officially beginning the regulatory review process for &26 billion deal. the merger could also bring an improvement in 5G wireless technology.