Assignment:
Research the AIG website (https://www.aig.com/Home-Page_20_17084.html)
Using your research findings from the Library and the Internet, develop both an EFAS (External Factors Analysis Summary) table and an IFAS (Internal Factors Analysis Summary) table. The tables are to be submitted in one Excel file (one sheet for the EFAS and one sheet for the IFAS), separate from your assignment that will be written in MS Word.
You will be graded on your knowledge of the software and math in building the MS Excel tables, and on your ability to communicate in writing and present your arguments. The description of both your environmental and internal scanning process, including what factors you considered and why will be in your MS Word file.
In summary, you will submit two files: one file in MS Excel, which will count as two written pages, and one file in MS Word.
Instructor Comments:
Please do NOT send multiple files. Complete your assignment either in Excel or MS Word. If you complete the assignment in Excel, then copy and paste the tables into a Word Document. Submit ONLY MS Word documents.
SWOT:
1. Typically is written in paragraph or bullet format
2. There is no specific number of items that can be listed. The factors would vary depending on the company being analyzed and the industry.
3. There are no requirements for giving rates / weights
4. The factors identified would be the same if you are completing IFAS and EFAS
IFAS / EFAS
1. The factors identified in SWOT are organized in the tables: Strength and Weaknesses in IFAS and Opportunities and Threats in EFAS.
2. Similar to SWOT, there is no specific number of items that can be listed. The factors would vary depending on the company being analyzed and the industry.
3. There is a requirement for the factors to be given rate / weight depending on their importance and strategy of the company.
4. The factors would be the same as if you were completing a SWOT analysis
Proceed to the discussion room and contribute responses to the following question:
What does corporate governance mean? What is the role of the Board of Directors in a corporation? Based on research, give a real-world example of issues facing a board of directors.