SWOT MATRIX OF VIEC.

CO
Strengths:
1. Viec.co is known for credible professional accounts including companies,
professionals & aspirants
2. Viec.co is very popular brand amongst corporates giving huge potential for
employees and helps building career
3. Its main features help in effective filtering of searches, finding business contacts
& connecting with them
4. Detailing of every Viec.co profile is very crisp and covers almost all aspects of
one's professional career
5.Viec.co is a very useful, and powerful, tool to promote your brand
6. Viec.co has more than 50 million active users worldwide
7. More than 5000 people are employed with the brand
8. its customer is popular worldwide
9. Save time spent on HR( human resource) team mailing task
10. Allow employees to actively manage their information
11. Reduce the demand for paper records
12. Support the design of various types of reports.
13. Improved employee data generation process

Opportunities:
1.The trend of searching for jobs on social networks is increasing
2. Expanded online recruitment career opportunities
3.The technological economy is growing rapidly
4.Learn new skills and experiences in the recruitment market in the form of data.
Threats:
1. Technology replaced humans in workplace
2. New upcoming professional networking websites
3. Companies stopping investment in Viet Nam
4. Decreasing number of the age goups (18-65)
5. Government regulations for maintaining privacy
Weakness:
1. Fake profiles & alleged data leaks have hurt Viec.co in the past
2. Allegations against the company for invasion of privacy through email has hurt
its brand image
3.The revenue is still low

SO (Strengths- opportunities) WO (Weaknesses- opportunities)

-Using a diverse recruitment network - Spend a lot of moneys running
to shorten recruitment time for people advertisement that help people
(S9,O2)
- Build more subsidiaried in every part
of the province or back to the villages
or move out of country . (S2,O2)
ST (Strengths- threats)
-Allow employees to actively manage
their information to improve strict
privacy regulations set by the
government (S10,T6)
- Diverse professions for many choices
with many forms of work which is not
replaced by technology (S4,T2)
recognize its brand easily.(W3,O2)
- Build reputation on social media
professionally and reliably (W1,O1)
WT (Weaknesses- threats)
- Connect to foregin and national
company and being a sustainable
partner (W3,T3)
- Install a security system to guarantee
employees’s private information
(T6,W2)
 SPACE MATRIX

Advantages and disadvantages of the SPACE matrix

Advantages
Be proactive in choosing a strategy,
depending on internal and external
factors affecting the organization
Disadvantages
The internal and external factors cannot
be accurately assessed, so it is
necessary to coordinate with other
matrices (SWOT, BCG, EFE, IFE)

Can change the strategy to exit the
market easily
Determine the strategic position, and
evaluate the performance of the
organization
The weighting factors evaluated are
mostly subjective, not accurate, which
can lead to the wrong direction for the
business
Can only be done when the strict audit
and statistical environment gives
accurate results

A strategic management tool where

strategic elements are clearly
presented, especially related to the
competitive position of the
organization.
 THE SPACE MATRIX OF VIEC.CO

Competitive position (CP) Industry position (IP)

Product quality Resources utilization -1
+6
Technological know-how Growth potential
+5 +6
Market share Profit potential +6
+5
Control over suppliers and distributors Financial stability +1
+4
Grade point average: -5.00 Grade point average: +3.00
Final value on the horizontal axis: -2.00

Financial position (FP) Stability position (SP)

Working capital Technological changes +6
+2
Cash flow Competitive pressure +6
-2
Return on investment Demand variability +4
+2
Liquidity Tax
+4 +6
Grade point average: Grade point average: +5.50
-1.50
Final value on the vertical axis: +4.00