Waste Management Inc SWOT analysis evaluates the brand by its strengths, weaknesses, opportunities & threats. In SWOT Analysis of Waste Management Inc, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.
SWOT Analysis is a proven management framework which enables a brand like Waste Management Inc to benchmark its business & performance as compared to the competitors, and make strategic improvements. Waste Management Inc is one of the leading brands in the management & consulting sector.
The article below lists the Waste Management Inc SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Waste Management Inc SWOT Analysis:
In this article:
For Waste Management Inc, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Waste Management Inc looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Waste Management Inc :
1. American Comprehensive waste and environmental services company
2. Founded in 1971, has 300+ collection operations, 300+ transfer stations, 300 active landfill disposal sites etc
3. Caters to nearly 30 million industrial, municipal, commercial and residential customers.
4. Largest trucking fleet in the waste industry
5. WM promotes new programs and is leading edge of recycling and waste-to-energy development
6. WM one of the first companies to start developing waste management
7. Specialized pick-up lines for medical waste, hazardous waste etc
8. Over 40000 people are employed with the company
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Waste Management Inc SWOT Analysis:
1.Lawsuits regarding improper waste disposal has hurt the reputation of the company
2.Little marketing about new energy production and recycling techniques
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Waste Management Inc SWOT Analysis:
1.With increasing packaging trend, garbage disposal has enough future scope for sustaining
2.Waste-to-energy is the new area of waste management with opportunities for research
3.Consistent demand for new ways to recycle and reuse waste
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Waste Management Inc are as mentioned:
1.New companies emerging in the recycling and green energy sector
2.Different laws in different countries makes it difficult to enter global markets
3.Numerous government regulations
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Waste Management Inc:
1.Republic Services Inc
2.Stericycle Inc
3.Waste Connections Inc
Hence this concludes the Waste Management Inc SWOT analysis.
Continue reading more about the brand/company.
Waste Management Inc Overview | |
---|---|
Parent Company |
Waste Management Inc |
Category |
Waste Management |
Sector | |
Tagline/ Slogan |
Think Green |
USP |
Leading change for a cleaner greener world |
Waste Management Inc STP | |
Segmentation |
American residential, commercial, municipal, industrial |
Target Market |
American residential, commercial, municipal, industrial |
Positioning |
Maximize resource value, while minimizing - and even eliminating - environmental impact so that both our economy and our environment can thrive |
This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.
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