Organizational Resources and Capabilities: Applying Concepts and Tools
This week you have an excellent opportunity to apply the concepts and frameworks described in this module to a real-world situation.First, identify an organization that you know well. For example, it could be your place of work, your church, or an organization where you volunteer. You should not use a firm such as Hyundai or Starbucks, for instance, unless you work there and have personal insight into the internal organization. You may "code" your chosen organization's name if you wish to protect its privacy (e.g., ABC Company; Bright Church; M1 Community Group).
There are three parts to complete in preparation for this Critical Thinking assignment:
Use Porter's value chain structure to identify the industry capabilities as found in Case Insight 3.3 as they relate to your real-world chosen organization. Porter's framework of type of activity, generic value chain label, and Illustrative examples of capabilities will help you to complete an overview of the relevant industry. You may change the labels to fit your particular industry, if desired, but all the value chain areas should be considered. You will conduct research on the industry using the Library and the Internet to complete the overview.
Using the Internal Factor Evaluation (IFE) tool found in the Module 5 lecture of this course, determine the strengths and weaknesses and their relationship to the industry capabilities. The IFE is discussed in the Module 5 lecture, which provides a solid framework to effectively use the tool.
Using data from the IFE development, make an assessment as to your chosen organization's vulnerable or weak areas and its positions of strength.
Once you have completed the above, in a well-written paper discuss the chosen organization's weak areas and positions of strength as related to the organization's mission and current state of resources. Citations from documents internal to the organization, such asmission statements, should be included, as well as outside credible sources. The completed value chain structureand IFE tableshould be presented as appendixes to the paper. Your paper should meet the following requirements:
Be two to three pages in length.
Be formatted according to academic writing standards and APA style guidelines, including the completed value chain structure and IFE table.
Adhere to academic writing style throughout, including using third person, avoiding colloquialisms, eliminating anthropomorphic phrasing, and providing citations to give credit to sources of information.
Please don't forget the References, and at least one of them should be scholar reference.
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Oct 14 2014 12:15 AM
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Krishna Nand Mishra answered one year ago via Transtutors On-Demand Help
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Long terms sustainability or survival of a business is considered to be dependent on variety of factors. However, most crucial approach is considered to be capitalization or enhancement of strength areas and minimization of weak aspects of the concerned business. Such can be achieved through effective and strategic use of the resource and capabilities of the business in achievement of desired or determined business objectives.
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Parul J contributed on Oct 18, 2014 12:53 PM verified by Mina Devi
Answer: Introduction Value chain analysis is a practice, which was developed by Porter in the year of 1985. It evaluates an organization's value-adding activities and their relationship. This paper presents porter's value chain analysis and internal evaluation factor for a retail store XYZ Ltd. Part - 1 Primary Activities of XYZ Retail Company: Inbound Logistics (Suppliers): Regarding inbound logistics XYZ Ltd. receives inventories from domestic as well as overseas suppliers (Analoui & Karami, 2003)
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