Gm Swot Analysis
Capstone Buss 460JR1
Week 3 Summary
Jacqueline Gray
This week we worked on a SWOT Analysis for GM. GM SWOT ANALYSIS
Strengths
Name Recognition
Corporate Strategy
Quality improvements & perception there of
Opportunities
Cut production overseas, cut some health care costs
Concentrating on smaller more efficient cars
Expansion of their global presence
Weaknesses
The decline of market share
High pension obligations & healthcare costs
Lack of differential products
Unfocused product line
Unresponsive corporate culture
Too much investment in SUV’s & Trucks
Threats
Intensify of rivalry among competitors worldwide
Weak consumer confidence and tight credit
The volatility in fuel prices
Government legislation (J. Geesman, 2008)
Marketing Strategy Development
Modify the company’s US product Portfolio, towards more fuel efficient cars
“Reduction in brands, name plates, retail outlets, to focus available resources and growth strategies on the company’s profitable operations.” (GM case, 2009)
“Renew marketing strategies and processes
Have more reliable customer profiles
Better collaborate with R&D, production
Increase customer demand and satisfaction” (Market research, 2009, p.1)
Products & Development
Apply to the mature US market
Add on differentiation to existing products
Generate more demand for the market
Close or sell some of GM brands, Pontiac, Buick, Saturn, Saab, GMC, and the Hummer
They should keep Cadillac, and Chevrolet
Gm can save billions if they cut back to two brands that represent the soul of GM. With fewer brands, GM would no longer have to maintain as many dealerships.
By doing so, GM’s distribution strength in rural areas, which is a significant competitive advantage, will be largely preserved.......