The SWOT Analysis for Perpetual Guardian
Introduction
Usually, SWOT analysis is considered the prime tool for evaluating the internal and external environments of an organization. Its ability to review nearly every enterprise regardless of its business line, coupled with its success in analyzing any organization of choice, implies that the SWOT analysis tool can be applied in both specialized and general operations of an organization. This paper provides a detailed review of this framework, with the sole focus on the SWOTs (strengths, weaknesses, opportunities, and threats) of the Perpetual Guardian and their suitability to the company’s plan to improve its employees’ engagement. In an article, Kruse (2012) explained that engagement is attained when the employees feel passionate about their work, show commitment to the organization, and use discretionary effort to handle the tasks assigned to them.
The SWOTs of the Four-Day Week Trial
Strengths
One of the strengths that suit the Perpetual Guardian for implementing the engagement program is that it has a dedicated workforce that would help it succeed in the execution of this plan. Unless the employees are cooperative and committed to driving the company’s agendas, any plans to restructure its human activities are highly likely to fail (Hastings, 2009). Fortunately, Perpetual Guardian does not have such a problem. Another strength that would enable it to succeed in implementing the engagement program is it already has the Four-Day Week Trial (4DW Trial) in place. Since its introduction on March 5, 2018, for example, the 4DW Trial has proved to be a perfect motivator for the employees as they now work for 7.5 fewer hours per week for the same pay package. For that reason, they will consider the new engagement program as a blend of the 4DW Trial. Don't use plagiarised sources.Get your custom essay just from $11/page
Weaknesses
Despite its strengths, the Perpetual Guardian also has some weaknesses to handle. For example, the company’s reliance could prove to be an obstacle in its quest for an engagement program. If it fails to outline the differences between these tools, then it could stick with the 4DW Trial. In addition to that, the new program might fail to boost the levels of the company’s productivity or employees’ performance. The first example of these verdicts is given by the 4 Day Week Global Ltd (2019), which holds that New Zealand is among the OECD countries with the lowest productivity levels. Another example comes from Sisson (2007), who depicted that employees/workers’ engagement can break or make a business.
Opportunities
One of the primary opportunities presented by the Four-Day Week Trial (4DW Trial) is that it will help the Perpetual Guardian’s employees strike a perfect balance between their at-work and at-home lives. On this factor, the 4 Day Week Global Ltd (2019) quoted the founder of the Perpetual Guardian, explaining that Perpetual Guardian strives to have its employees giving their best both at work and home. Since employee engagement augments the 4DW Trial, it can utilize the opportunity presented by this tool in helping the company achieve better results.
Threats
Some of the biggest threats to the implementation of an engagement program are pressure and stress. With Perpetual Guardian using the 4DW Trial, which has already pushed the employees to handle more tasks in four days, a similar program would only leave them exhausted with pressure and stress. For example, the University of Auckland (2018) reported that the 4DW Trial squeezes so much into four days, leaving employees feeling increased pressure and stress in their work orders.