Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Buck Consultants analyses the brand by its strengths, weaknesses, opportunities & threats. In Buck Consultants 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 Buck Consultants to benchmark its business & performance as compared to the competitors. Buck Consultants is one of the leading brands in the management & consulting sector.
The article below lists the Buck Consultants SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Buck Consultants SWOT Analysis:
For Buck Consultants, 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.
Buck Consultants Strengths
The strengths of Buck Consultants 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 Buck Consultants :
1. They have 200 offices in more than 75 countries. 2. It is an independent subsidiary of ACS, a Xerox company which was acquired by Xerox in 2010. 3. They offered First Global Employee Stock Ownership Plan
4. It has over 1700 employees worldwide
Buck Consultants Weaknesses
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 Buck Consultants SWOT Analysis:
1. Still haven’t made inroads in the emerging economies 2. They have been acquired by synergistically different company.
Buck Consultants Opportunities
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 Buck Consultants 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 Buck Consultants have opportunity for more business.
Buck Consultants Threats
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 Buck Consultants are as mentioned:
1. Expansion of players and emergence of new players in the segment
2. Strict govt policies
3. Companies setting up their own knowledge centers
Buck Consultants Competitors
There are several brands in the market which are competing for the same set of customers. Below are the top 3 competitors of Buck Consultants:
It is one of the oldest HR consultancies in the world.
Buck Consultants STP
Industries seeking consulting services
One of the innovative HR consultancies of the world.
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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