SWOT Analysis Of U.S Airline Industry Essay Example

a result the organization can move towards the path of success and prosperity. The higher authorities of an organization are the ultimate decision makers who are responsible for introducing change in the organization’s infrastructure. The main hurdles are the economic conditions, aggressive competition and along with these the most important factor which have to be considered by the managers is the customer demands, the entire business activities of the organizations depends upon the customers demands and wishes. The organizational authorities try their best to fulfill the standards of the customers needs.

There is only one solution to this problem and that is the acceptance and introduction of new technologies. Innovative techniques and strategies will lead an organization towards success and prosperity; moreover the introduction of new technologies will also enhance the productivity of the organization. If the costs are reduced and the efficiency is increased then the output of the organization will also be increased simultaneously. Technological innovation is the main tool of discovering new and innovative business models.

Problems, hurdles and obstructions are present everywhere but an intelligent manager possess the ability to face these challenges and to utilize the resources up to the maximum. The management of this industry have adopted all these strategies and these are its strengths.Weaknesses:U.S Airline industry has stated some layoffs which is a great weakness and due to which the profitability is lowering down.

Due to increased layoffs there has been a great impact on the profitability of the organization.Opportunities:With the growing competition in the airline industry the opportunities are greatly increasing day by day and due to the application of latest technology the management of U.S Airline industry are finding

it easier to avail these opportunities. Amongst the major opportunities the most profitable is increased customer attention towards the U.S airlines.

Technological developments and data processing by computers have left traditional accounting far behind in its ability to serve the decisional needs of the management. Researches have proved this point that the help of accounting control and management capacity can attain the success of an undertaking. These two factors are fully met by the management and financial accounting through the harnessing of accounting for the purpose of the management. And by implementing these strategies the opportunities are availed.

SWOT analysis has been used by the authorities of the U.S Airlines in discovering about the strengths and weaknesses of the company, such an analysis helps the organizational authorities to observe the strengths and weaknesses of the company and to develop quality strategies in order to remove the loopholes from the infrastructure of the organization.Threats:Due to increase in airline traffic it has been note that many threats to the industry have been evolved with the passage of time. Due to increase in costs the airline can also face many hurdles.

Therefore, the authorities have to seriously consider suitable strategies in order to overcome such threats. It can be rightly said that strategic analysis is really essential and effective for the development of the competitive strategies. The main components of theses analysis is the major costs of the organizations and the other related factors such as:CustomersStocksShareholdersThese factors are taken into consideration, the results and outcomes of the strategic analysis then help the organizational authorities to develop competitive strategies for the organizations. Hence, it can be concluded that without the use of

strategic analysis proper competitive strategies could not be developed and organized.

The strategies analysis is the base on which the planning decisions of the authorities depends. Therefore, the organizational authorities should initially make strategic analysis an then they should evolve competitive strategies. Planning is a very difficult task and the planners should be competent enough to deal with the wide range of activities, which are involved, in the task of planning. Strategic planning along with the implementation of competitive strategy techniques will definitely yield quality results and the organizations will gain numerous benefits from its implementation. With the help of these tools the organizational authorities would be able to face the challenges of the modern business world.

References

1. Brief History of the U.S. Airline Industry.1999. http://scriptorium.lib.duke.edu/adaccess/airline-history.html