COMM 1113: SWOT Analysis of Three HVAC Companies in Detail

This assignment presents a SWOT analysis of three HVAC companies: McKinnon Heating and Cooling, Lair and Son Company, and a student's own hypothetical company. The analysis examines each company's strengths, such as proper replacement services, skilled workforces, and good business management. It also identifies weaknesses, including fluctuating operating costs, profitability issues, and limited demand forecasting. Opportunities for growth, like online channels, new technologies, and market expansions, are explored alongside potential threats such as technological changes, intense competition, and regulatory issues. The analysis highlights how each company can leverage its strengths, address its weaknesses, capitalize on opportunities, and mitigate threats to sustain and improve its business within the HVAC industry. The conclusion provides a comparative overview of the three companies' positions in the market.

Management 1
COMM 1113 Proff COMM for BLDG Techno

Management 2
SWOT Analysis of McKinnon Heating and Cooling Company
Strengths
 This company gives the proper replacement from time to time.
 This company generates better incomes from the proper installation of new systems
(Alvarez, et al. ,2016).
 The barriers did not hamper the business of the company.
Weakness
 The operating costs are changes as per the needs which is a major weakness of the
company.
 The major expenses of this company based on the payroll and insurance.
 The competition is an important weakness faced by the company.
Opportunities
 The company faces several expanding opportunities in the business.
 The return investment of company is also substantial.
 The specialized divisions of the company also provide several opportunities to the
company.

Management 3
Threats
 The major threat occurred in the business of company is related with the changing in
technology
 The other threat is the integration of new threats.
 The changes in the laws of the working also create a big threat in the working
environment of company.

Management 4
SWOT analysis of Lair and Son Company
Strengths
 The main strength of the company is e highly skilled workforce that improve the overall
business in various aspects.
 The other major strength is the automation of activities that brings quality in the services
provided to the customers.
 The other important strength relates with the successful track record of developing new
process and services in the business (Labiyi, 2018).
Weakness
 The major weakness of company is related with the profitability ration and net
contribution that is less than the proper industry average.
 The other weakness of company is that it needs more investment in implementing new
technologies to the services.
 The other weakness is the proper investment in the research and development that helps
in dealing with the competition.
Opportunities
 The major opportunity of the company is that new customers are coming from the online
channel.
 The use of new technology is also a big opportunity for the company.
 The stability in the cash flow is also one of the major opportunities of the business.

Management 5
Threats
 The one of the big threats relates with the regular supply of innovative services which is
not followed by the company.
 The other threat is the intense competition that divide the customers in the market.
 The other major threat is the fluctuations in currency in the global business.

Management 6
SWOT Analysis of my own company
Strengths
 The major strengths of my own company is that it always answers the queries of the
customer’s.
 The other strength of my own company is that the startup costs of the company is
moderate.
 The other strength is the good returns on the capital expenditure which is essential for the
business management.
Weakness
 My own company is not good in the demand forecasting which creates major weakness in
the business.
 The limited success of the company is outside the core business is also a weakness of the
company.
 The other weakness of the company is the difference among the range of the services.
Opportunities
 The use of new technology is a big opportunity for my company that attract more
customers towards the services.
 The other opportunity is the decreasing cost of transportation in the business process.
 The opening of new markets is also a major opportunity for my business.
Threats
 The ability laws create a major threat in my company.

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 The changing behavior of consumers is also a big threat in the business of my company.
 The several new environmental regulations are also a major threat for the business
process.

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Summary
From the above analysis, the several findings are occurred related to the strength’s
weakness, opportunities and threats of the three different companies works in HVOC process.
All the companies are related to the heating and cooling process. The above analysis includes
three companies in which ne company is McKinnon company, second company is Lair and Son
company and third company is my own company. All the three companies work in the process of
heating and cooling (Batra and Verma, 2018). The above analysis shows that all three companies
have different strengths, different weakness, different opportunities and different threats.
McKinnon company strengths includes proper replacement that improves the various
aspects of the business. The reducing of barriers is also improve the several strategies of the
business (Penque, 2019). The weakness of the company decreases the value of the business in
the related market as the major weakness of company is the competition in the market.
Lair and son company also includes proper strengths and opportunities that makes the
business sustain in the market (Siuda, 2015). This company faces the high skilled workforce that
is essential for each and every company.
The last is my own company which major strength is the proper business management
which help in the proper strategic management in the business.

Management 9
References
Alvarez, S., Carballo-Penela, A., Mateo-Mantecón, I., & Rubio, A. (2016). Strengths-
Weaknesses-Opportunities-Threats analysis of carbon footprint indicator and derived
recommendations. Journal of cleaner Production, 121, 238-247.
Batra, R., & Verma, S. (2018). Non-financial criteria in project appraisal methodologies:
empirical evidence from Indian companies. International Journal of Accounting and
Finance, 8(1), 80-102.
LABIYI, F. G. (2018). How can parcel (package) delivery logistics company re-engineering their
process to minimize the high send-again (returns): A study based on UPS (United Parcel
services) Delivery Logistic Company in Jönköping Sweden.
PENQUE, M. B. (2019). Flexible workspace in corporate real estate. A swot analysis for
investment professionals.
Siuda, D. (2015). Macroenvironment analysis of the heating installations market in Poland-
impact of local and global factors.