Combining Weaknesses Opportunities (WO)
The company has some weaknesses in this area, but it happens that there are viable opportunities in the market that require expertise in this area. Strategies in this category are those that focus on addressing organizational weaknesses to exploit opportunities.
Compared to other competitors, LIJIANG Glass has a relatively small product portfolio, which is one of its few weaknesses (although this may be debatable). When new opportunities arise in the market in the form of the latest trends, LIJIANG Glass is not always the quickest to take advantage of it. However, LIJIANG Glass has still made good use of the WO strategy in its commercial success. Large-format glazed buildings started gaining traction in 2016 and represent a strong market opportunity. Competitors such as Lisec/Forel/Bystronic(Glaston) launched automated production line equipment in this field in the next few years and achieved good returns. Subsequently, LIJIANG Glass overcame its own shortcomings, entered this market with its production line in 2020, and achieved success.
Combining Weakness Threat Tactics (WT)
Threat strategies are designed to minimize the impact on the company while overcoming the negative impact of internal vulnerabilities. As you know, these tactics are usually defensive. They seek to protect the company from competition.
Since LIJIANG Glass launched the automatic glass film sorting and storage system in 2020, although the series of products has been upgraded many times over the years, they have not achieved commercial success. Its weakness is mainly limited in function and interconnection, and the degree of automatic connection is not high. Introducing and launching a set of ERP+MES information management systems belonging to LIJIANG Glass is a WT strategy to promote glass deep processing enterprises to realize digital management of all automatic equipment as soon as possible. This is because it in part helps companies reduce their vulnerabilities and overcome growing threats.