Swot: Strategic Management and Charity Status

Topics: Strategic management, Management, Household income in the United States Pages: 5 (780 words) Published: October 10, 2013
Page 1: Title

Strategic Plan SWOT Analysis

Habitat for Humanity Lapeer Restore

Page 2: organization description

The Lapeer Habitat For Humanity Restore is a retail store which focuses on the sale of discount

household furniture and appliances. The Store acts as good diversification for the Lapeer Habitat for

Humanity group because they already get first bids on foreclosed houses with several bank

corporations, due to there charity status. So offering appliances gained in the foreclosure but sold

separately to go with a house that was purchased and remodeled at cheap prices but sold for market

value acts as an excellent means of gaining profit. The Restore mainly targets low to middle income

individuals looking for a bargain on the necessary complimentary goods that come with house and

property ownership. The Restore relies on customers having a demand that forces them to come to the

store to make their purchase. They acquire the majority of their product from the foreclosure purchases

and donations. They hire a mixture of volunteers and paid employees. The Restore lacks the

specialization of major furniture and household appliance firms but model their business structure

around a low cost model which is easily obtained through Habitat for Humanity's charity status. The

Habitat for Humanity firm as a whole focuses on building houses for the homeless, it has been doing so

since 1976. It funds its ventures through stores across the nation like the Restore and the

aforementioned foreclosure purchases. The recipients of the house do not receive their housing for free

however. They have an affordable payment plan set up based off of their annual income. The profits

from these houses are used in turn to build more houses and to pay for the numerous full time

employees that work for the organization.

Page 3: Strengths

Charity status allows them to sell products gained in foreclosure.

Volunteers aren’t compensated for their work.

Reduced taxes.

Appliances and furniture are acquired at little to no cost.

Demand is high because they sell to all the people that purchase houses through habitat.

They get a steady influx of other customers thanks to the low prices.

Convenient location on a frequently busy road.

Wide array of products.

Simple business structure.

Church support provides good community advertisement.

Habitat provides a proven business structure through which to run the store.

Page 4: weaknesses

Lack of specialization.

Lack of a consistent quality in products.

Managing a mixture of hired employees and volunteers.

Having to follow a strict set of moral codes and rules.

Non- Guaranteed product supply.

Page 5: Opportunities

The restore and Habitat as a whole would do well to implement a training program similar to

the one used by modern fast food industries. It would ensure that the leaders running their assets would

be the best qualified for their respective jobs.

The company as a whole should make it a requirement that the mangers send in reports of the

effectiveness of their business model on a bi-quarterly basis so that adjustments can be made, it is also

noteworthy that a degree of freedom and leniency are more than practical in any business. While a

stable command structure is important, it is even more so important that intelligent leaders, which

the training program would ensure, should be allowed to take initiative without fear of being

reprimanded so long as it follows the business standards and moral code, and is justifiable.

Habitat has already covered expansion seeing as that they have restores scattered across the

globe, so a logical next step would be to focus...
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