Homework
Managers at each level of the organization use a type of SWOT analysis to identify strategies that will best position the company to achieve its mission and goals. The first step in a SWOT analysis is to identify an organization's strengths and weaknesses that characterize the present state of the company. The next step requires managers to identify potential opportunities and threats in the environment that affect the organization in the present or possibly in the future. When the SWOT analysis is complete, managers begin developing strategies. These strategies should allow the company to attain its goals by taking advantage of opportunities, countering threats, building strengths, and correcting organizational weaknesses.
Use the company and SWOT analysis you selected.
Congratulations! You've been hired as a manager and have been asked to analyze the current status of your new company.
Review your company's SWOT analysis and other available sources to evaluate the strategic needs of the organization within a changing global environment. Use the Apply Worksheet for your evaluation.
Organizational Analysis Worksheet
Instructions
Complete the worksheet based on your chosen organization. Use Business Source Complete and your selected company's website, annual report, and other available sources.
Part I: Organization Information
Organization
Define your chosen company and its industry.
Mission and Vision
Identify the mission and vision of the organization.
Organizational Initiatives
Outline 1 to 2 major initiative for this organization. What are they currently doing to support these initiatives?
Organizational Plans
Describe the plans employed by the organization. Determine which types of managers create each type of plan.
SWOT Analysis
There are various factors within the external environment of an organization that impacts its strategy.
Analyze the organization's SWOT analysis. Identify the internal and external factors. Include a link to the SWOT analysis in the Reference section of this worksheet.
Internal Factors
External Factors
Part II: Evaluation
Evaluate if the mission, vision, planning process, and SWOT analysis meets the current needs of the organization. Include the following in your evaluation:
1. Describe the unmet need, (not limited to product or service, can be new demographic, new mode of delivery, etc.).
2. Analyze your competitive advantages.
a. Based upon the SWOT analysis, is there another business that is doing something similar that can be referred to? Provide examples.
b. If there is not another business, describe how what you're doing is a unique product or service offering.
3. Propose a competitive business initiative to address the unmet need.
4. Create a high-level timeline and operational steps necessary to implement your solution.
Format your homework according to the give formatting requirements:
1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.