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Overcoming external barriers and bettering the health

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Reference no: EM133157166

SWOT analysis is a strategic methodology to analyze the Strengths & Weaknesses that an organization possess, and Opportunities & Threats that the organization faces because of competition and macro-economic factors. The SWOT analysis is used for strategic planning both in short-term and long term which provide decision makers a better understanding of the market, organization, and their competitors. Not only is SWOT Analysis used for performance improvements, is also used to thwart competitive challenges.

Internal 

External 

Strengths  

 Weaknesses 

Opportunities  

 Threats
  • Track record of innovation
  • Automation of activities 
  • Strong brand recognition.
  •  Return on Capital expenditure.
  • High cost of replacing existing experts
  •  There is a decline in market share due to fast growth in the industry
  • Extra cost of building new supply chain.
  • Stable free cash flow
  • Opportunities in online space because of increase adoption of online services.
  • Low inflation rate which brings more stability in the market.
  • Competitive pressure as new product launch cycles are reducing in tech industry.
  • Rising Pay levels.
  • Changes in political environment because of the trade war between China and US

ACI Worldwide has more strengths to keep being a successful business and can still as well build more on the strengths and minimize their weaknesses by making sure they retain their experts therefore reducing the cost of hiring new experts. However, ACI Worldwide will also need to seize all the opportunities they have and make you use of them all. ACI Worldwide must counteract the threats if it must continue competing successfully.  ACI Worldwide will need to bring product enhancements and develop new products as there is a rapid change in the market.

Describe recommendations based on the SWOT analysis; how can the information system components (hardware, software, data, people, processes) contribute to overcoming external barriers and bettering the health of the organization? 

Reference no: EM133157166

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