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SWOT Analysis on Diabetes Tasmania Analysis
Diabetes Tasmania is a local health charity and a non-profit organization that aims to support the people of Tasmania who are affected by all types of diabetes and all those people who are at a risk (Diabetes Tasmania, n.d.). Diabetes Tasmania also provides community services and work with the people to assist in empowering everyone to better health and a better life.
For the success of any organization, it is significant for that organization to understand and evaluate the many macro-environmental factors affecting the organization. Along with the understanding of these factors, it is also essential for the businesses to evaluate its competitive position in the marketing and thus act accordingly (Gurel, 2017). Thus, one of the techniques essentially used by organizations for this purpose is the technique of SWOT analysis. SWOT Analysis is a method which the company Diabetes Tasmania can use in outlining their strategies, in response to the competitive and dynamic business environment. It is evaluating the strengths, weaknesses, threats and opportunities of this organization (Gurel, 2017). The SWOT analysis of Diabetes Tasmania can be given as follows:
Strengths- one of the major strengths of this organization is that this organization stands differentiated due to its service feature and business concept. This organization is one of the oldest organizations specially catering to the diabetic needs of the people of Tasmania, as very few non-profit organizations provide this kind of specialised services. This organization is known for conducting and organizing various kinds of health support programs, dietician clinics, health training programmes, etc. and create awareness for all types of diabetes. It also has a strong team of volunteers aimed at serving the people of Tasmania.
Weaknesses- one of the major weakness of Diabetes Tasmania is that, since this organization is a local charity organization, it has to largely on charity proceeds and raising funds to conduct its functioning and operations. The organizations thus cannot dedicate a large amount of funds for other community services and has to constantly raise operating capital through conducting donations drives. This organizations also has its operations limited to the region of Tasmania, which can create stagnancy in the company’s growth. The company also has a weak presence on online modes and also lack innovation in its operations.
Opportunities- many opportunities are available for the organization, leveraging on which the organization can gain a competitive advantage. One of the major opportunities available to this organization is expanding business operations to other regions of Australia and across the globe, other than Tasmania, and thus reach a large number of people. Diabetes ranks, in the second position, in terms of the disease growth in the world, and thus, using this opportunity the organization can cater and reach a large number of people. The organization also has the opportunity to build alliances and relations with other such organizations giving specialized services.
Threats- Threats to an organization can cause hindrances in the company’s growth and profitability. The major threat that this organization has to face is the threat of competition. Many non-profit organizations are coming up with the idea of specialized services, thus this possess threats to this company. Also, the stringent government policies, laws and taxation issues create a threat to the operations of this organization.
Recommendations on Diabetes Tasmania Analysis
With the changing business environment and the increasing competition, all organizations need to alter their existing strategies and formulate new ones. Thus, it is recommended for this company Diabetes Tasmania to alter its present communication mix strategy. The company largely rely on traditional methods of advertising. With most of the people spending most of their online, the company needs to increase its presence on online and social media platforms to reach a large number of people with minimum expense. It is also recommended for the company to expand its services, other than diabetes care, to other community services.
References for Diabetes Tasmania Analysis
Diabetes Tasmania (n.d). About Diabetes Tasmania. Retrieved from: https://www.diabetestas.org.au/
Gurel, E. (2017). SWOT analysis: A theoretical review. The Journal of International Social Research, 10(51), 995-1006.
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