Professional Documents
Culture Documents
Summer Squad 8
Bill Erwin
22 July 2021
It is often said that many organizations go through experiences that lead their
company into changes. The changes in the organization can be external or internal. How
do organizations plan strategies that may benefit the organization? “External factors can
Organizations analyze the strengths and weaknesses, opportunities and threats that arise
and can change and shape up the organization. Let’s look at how TED has experienced
SWOT Analysis
TED Talks have become and continue to be the preeminent forum for social,
political and academic discussions with a variety of different experts. The following
SWOT analysis covers some of the strengths and weaknesses of TED Talks. Strengths
such as inspirational topics and presenters that elicit highly involved participants and
their effective use of media capabilities are detailed. As with any novel brand, its own
growth has given credence to a variety of different weaknesses that expose a lack of
unification and competitors easily being able to replicate. In addition, the persistent
presence of data attacks and a lack of funding threaten the sustainability of the
organization.
Despite this, TED Talks are in a unique position to capitalize on how media has
continued to evolve over the past few years. Media consumption for consumers has
shown that quick and accessible presentations are proving much more lucrative than draw
out discussions; as the current rise of the Tik Toker profession indicates. The following
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Strengths Weaknesses
● Inspirational ● Highly diluted brand
● Effective Medium ● Quality varys
● Memorable ● Novelty has been lost
● Unique Topics ● Unorganized Organizers
● Platform for Entrepreneurs ● Funding issues
Opportunities Threats
● TikTok and Instagram ● Security Issues
● 30 Second Spotlights ● Data/Info Loss
● Video Sharing Tools ● High Attrition Rate
● Lack of Funding
● Employees with a Negative
Approach
Strengths
When we take a look at TED’s strengths, we can see that they have distinct
organizational capabilities. Part of what makes TED special is its ability to inspire
people. This inspiration comes from unique connections and opportunities that TED
speakers make with their audiences. The majority of speakers at TED use storytelling as
an effective medium to deliver their ideas and or topics. How TED talks are delivered
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also makes them easy for people to watch and participate in. Presenters often use props,
visual images and or displays that draw audiences in. With access to talks on platforms
such as YouTube, it becomes easy for these ideas to spread. These storytellers are often
passionate about their ideas to the point of obsession. This unique storytelling makes their
mission come to life and allows their ideas to become memorable and spread to people
around the world. Part of what makes TED have a sustainable advantage in their market
is that speakers present topics in ways that seem “fresh and new”. Often TED speakers
present unique topics that many in the audience have not considered previously. They
grab participants' attention which makes them want to listen to the topic being presented.
Lastly, TED has become a platform over the years for many entrepreneurs. Entrepreneurs
are what generate change and improvement in the market. They drive innovation which
Weaknesses
exponentially over the years. With growth comes dilution of the brand itself. Because of
this growth, TED has given the power to just about anyone to become an organizer.
Though TED has guidelines for the organizing of its conferences, it lacks in requiring
organizers that are qualified. With having the freedom for anyone to organize these
events, they start to vary in quality in terms of location, speakers, and accommodations.
Finding funding for these events can also be troublesome as businesses and corporations
need to really weigh the pros and cons of providing funding to a TED talk that is through
an organizer that is not necessarily employed with TED. Since TED has started, the
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novelty has been somewhat lost due to other corporations doing their own talks, such as
Google providing Talks at Google. The farther away a company gets from its original
launch, there is always a possibility that something bigger or better will come along. For
Opportunities
The biggest opportunities for TED comes from the maturation and recognition of
its brand. This could be further leveraged by better utilization of social media and
community sharing. The first thing to address would be how to hook people into certain
talks. Currently there is so much content that it is overwhelming to sift through all of it.
a lot less work on the user to find the type of content they want. This could be further
Imagine that instead of sharing a whole 20 minute video, someone posted a 20 second
clip that made you want to find out more about what that speaker was talking about. This
Threats
In terms of varying threats that can significantly impact the TED organization,
there are few in mind that can negatively impact the organization. Firstly, one of the most
crucial threats that the organization can face is employees with a negative approach.
Because unfaithful employees do more harm than good to TED, including employees that
are not serious enough where they don’t contribute much toward the productivity of the
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organization. A high attrition rate is another huge threat that could negatively impact the
TED organization. When employees leave the organization to join TED’s competitors,
this is a huge loss for the company because it is both a waste of time, energy and
resources.
Data and information loss is also a crucial threat because there is a lot of effort
that goes into formulating strategies for the team and the organization. When there is a
loss of confidential information this can be a significant blow to both the team, and the
entire TED organization. This is why monetary actions, salaries of employees, and client
databases etc. should remain confidential. Security issues can pose a major threat to the
established in order to protect the organization from natural disasters, malware, mass
boycotts, etc.
It is TED’s primary responsibility to take care of its employees and their basic
requirements. Lastly, a lack of funding to the TED organization can seriously jeopardize
TED presently and in the near future. Financial stability is of utmost importance because
it provides a stable background for the company. To prevent these threats, planning is
essential, for when there is a situation where the company is unable to provide the
necessities and requirements for their employees and provide sufficient funding to
survive through challenging times that ultimately affect the TED organization.
Conclusion
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threats and opportunities have helped shape TED talks as an organization. There has been
competition within the industry, they continue to strive by changing and evolving in the
organization. Using the threats and opportunities from other competitors have allowed
them to acquire resources that can help towards their success. Leveraging their strengths
and weaknesses can be used towards their organizational goals that will be used for their
prosperity.
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References
Coulter, M. (2013). Strategic management in action (6th ed.). New York, NY:
Pearson.