Strength
Culture - Union and Management Working together, Staff has good work ethics
Financial - Good cash reserves to invest, Good relations with Investors and Banks
Human Resources - Respected by both staff and management, Ability to staff, when truly in best interest of all
Intellectual Property - Good fashion design team, Some manufacturing processes are very valuable
Relationships - Supplier relationships are good
Weakness
Marketing - Marketing needs to be more pro-active, Market intelligence in terms fashion trends needs be improved
Operations - Benchmarking with Asian competitors show we are below them
Process - Some processes are too complicated
Sales - Needs to better position in mind of Millenniums
Technology - Wedded to some old technology, Competitors and new entrants have latest technology
Opportunities
Financial - With current cash reserves we can invest in multiple new initiatives
Human Resources - Staff provides various new suggestions for improvements
Threat
Financial - If we do not change, long term survival in doubt.