Quantitative SWOT analysis and its application to strategic management: The case of chain restaurant business

Abstract

The paper presents the results of a study on strategic SWOT analysis and discusses the features of its application to the Russian chain restaurant business. It analyzes quantitative factors affecting the application of the SWOT model, identifies and classifies the strategic problems of networkbased business models in the restaurant business, conducts regression and dispersion analyses of data obtained during the survey to identify and solve problems of business process management. The results of the study are based on the works of foreign and domestic experts strategic management and discuss the development of a concept for assessing the impact of internal and external resources on managing a network enterprise. The paper offers innovative design of a quantitative analytical model of SWOT which allows both improving management processes, in companies focusing on the service market, to create additional competitive advantages and grouping the factors in terms of solving strategic problems in accordance with the strategic problems they solve. Th e study justifies the use of the model and identifi es problem areas in management of the chain restaurant business of a small and medium scale. It allows reducing the negative impact of global factors and providing the opportunity to use the competitive advantages of the forms of network enterprises to realize both existing and emerging opportunities as well as minimizing potential threats. The empirical study involves conducting a survey among representatives of the Russian restaurant market.