Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Hay Group analyses the brand by its strengths, weaknesses, opportunities & threats. In Hay Group SWOT Analysis, 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 Hay Group to benchmark its business & performance as compared to the competitors. Hay Group is one of the leading brands in the management & consulting sector.
The table below lists the Hay Group SWOT (Strengths, Weaknesses, Opportunities, Threats), top Hay Group competitors and includes its target market, segmentation, positioning & Unique Selling Proposition (USP).
Hay Group SWOT Analysis, Competitors, Segmentation, Target Market, Positioning, USP & Brand Analysis Table
They work with senior executives to manage the human resource of the organization.
SWOT Analysis of Hay Group
Hay Group Strengths
Below are the Strengths in the SWOT Analysis of Hay Group:
1. They have nearly 100 offices in over 45 countries 2. It is one of the oldest consulting firms in HR. 3. The Job Evaluation methodology created by them is used over in 8000 organizations worldwide
4. Expertise in the field of human resource management makes them a leading industry player
5. Has over 2500 employees world wide
Hay Group Weaknesses
Here are the weaknesses in the Hay Group SWOT Analysis:
1. Still haven't established themselves completely in the emerging economies 2. They have poor brand recall vis-à-vis their competitors.
Hay Group Opportunities
Following are the Opportunities in Hay Group SWOT Analysis:
1. They have opportunities in the growing economies of the world. 2. HR sector is emerging as one of the powerful resource. Thus Hay group has opportunity for more business.
Hay Group Threats
The threats in the SWOT Analysis of Hay Group are as mentioned:
1. Being into one area of business could create stiff competition with current competitors as well as new entrants. 2. The global economic recession with the competition could bring pressure on their costs.
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