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what we could obtained from SWOT analysis. The main focus for SWOT Analysis is
on strengths, weaknesses, opportunities and threats; Whilst TOWS Matrix is the tool
to analyze, generate, compare and select the appropriate business strategy in order to
achieve the overall goals and objectives of the company. It enables the organization to
remain one step ahead of other competitors and cope with the ever-changing
competitive landscape.
There are four potential strategies of the TOWS Matrix. The four TOWS strategies are
outline as below :
1.Strength/Opportunity (SO)
2.Weakness/Opportunity (WO)
3.Strength/Threat (ST)
4.Weakness/Threat (WT)
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from the crews will create a remarkable experience to its customers, and capture the
heart of the customer. In this regard, the customer will place first priority in MAS
over other airlines. It helps to reduce the competitive pressure from other airlines
which focused on providing a lower cost instead of customer satisfaction.
Moreover, with the establishment of partnership between MAS and Emirates
Airline, it helps in a way where MAS dropped some loss-making European routes in
year 2016(Eg: Paris and Amsterdam) and instead code-sharing with Emirates to
channel Europe and US bound passenger via Dubai("Emirates and Malaysia Airlines
announcing route-sharing deal", 2015). This is beneficial to MAS whereby they can
save cost on the jet’s fuel by shrinking their services, eliminate routes that are
unprofitable. In a simpler means, it exploits the advantage from the partnership with
Emirates to reduce the burden from rising cost of jet fuel prices. This is because one
of the way for the airlines company to combat with the rising of fuel prices is by
manage their fuel efficiently. By so, unnecessary wastage of fuel could be eliminated
and the fuel could be use in other flight which is more profitable instead.
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areas to be particularly focus on and provide clarification and necessary guidance to
align employees’ interest with company’s goals.
On the other hand, in order to keep out of its competitor, MAS should take
necessary action to boost up the confidence and trust from the customers after the
incident of MH370 and MH17 which has caused a great impact on the profitability as
well as on the market share of the company. Actions such as providing favourable
deals and intensive marketing helps to restore favourable image for MAS. They
should do a thorough research on the customer preferences and adopt strategies which
align with the customers’ preferences. By so, the company will know which
marketing strategy to be adopted and yield better results for the profitability of the
company.
Reference
Emirates and Malaysia Airlines announcing route-sharing deal. (2015). Retrieved
from https://www.ibtimes.co.uk/emirates-malaysia-airlines-announcing-route-sharing-
deal-1531642
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