...Work Culture and SWOT Analysis Work culture is the type of environment people work in, the way they interact with one another, the way they go about their work and practices undertaken in this environment. Some working culture is apparent at first glance while others are more subtle and slow to reveal. This paper will discuss how knowing your ideal work culture can help you in developing strategies and operational plans to achieve organizational goals, which competencies are essential in conducting a SWOT analysis, and how my competencies relate to the essential competencies for conducting a SWOT analysis. Ideal Work Culture in Developing Strategies Knowing my ideal work culture benefits my organization to achieve goals and allows me to achieve personal goals as well. According to University of Phoenix, my work culture results showed me to be leadership intensive, supportive, and well-resourced. I supervise my staff and influence my organization by being supportive and clearly defining jobs, goals and expectations. I am well-resourced, comfortable, and have a well-designed work place to complete high standards of work. As manager, I can determine the way that things are done in my organization and how to lead my employees to develop and achieve those goals because I am aware of the shared values, principles, traditions, and operations that take place in my organization. Once I determine which goals need to be achieved, I can develop a plan to achieve those goals either...
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...culture activity along with which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis, and how competencies relate to the essential competencies for conducting a SWOT analysis. The work culture results states that I am high-powered, supportive and an expert. These results will allow me to better understand my strengths and weaknesses in the work place along with allowing me to achieve my organizational and personal goals. The competencies that are essential to conducting strength, weaknesses, opportunities and threat analysis are external and internal analysis The External Analysis examines opportunities and threats that exist in the environment. Both opportunities and threats exist independently in a company. The way to differentiate between a strength and weakness from an opportunity or threat is to ask: Would this issue exist if the company did not exist? If the answer is yes, it should be considered external to the firm. Opportunities refer to favorable conditions in the environment that could produce rewards for the organization if acted upon properly. That is, opportunities are situations that exist but must be acted on if the firm is to benefit from them. Threats refer to conditions or barriers that may prevent the firms from reaching its objectives (http://mystrategicplan.com/resources/external-analysis/#sthash.KgH4dcrD.dpuf) The Internal Analysis of strengths and weaknesses focuses on internal factors that give...
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...tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use the MBA Overview and Effective Research and Writing at University of Phoenix Modules you reviewed to complete this assignment. Write a paper that analyzes the role of a manager within the functional areas of business: Required elements: No more than1050 words Two articles, including at least one peer-reviewed article, from the University Library cited in your paper to support your...
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...SWOT: A COMPARATIVE ANALYSIS Dr. Kadrie MHM 525 j acqueline Sherrin SWOT: A COMPARATIVE ANALYSIS Dr. Kadrie MHM 525 j acqueline Sherrin 2016 2016 Strengths, Weaknesses, Opportunities, and Threats Analysis | | | | | Strengths | Partnership | S-Corporation | C-Corporation | LLC | | Inexpensive and easily formed. | Strong Financials with ability to grow | Strong Financials with ability to grow | Unlimited Lifespan | | No Corporate income taxes | High Customer satisfaction | High Customer satisfaction | Easy to transfer ownership | | Earnings are allocated to partners. | Owners have limited liability | Owners have limited liability | Owners have limited liability | | Highly-skilled clinical staff. | Highly-skilled clinical staff. | Highly-skilled clinical staff. | Highly-skilled clinical staff. | Weaknesses | | | | | | Unlimited personal liability of debt. | increased debt | Increased debt | Filing taxes is more expensive | | Is limited to life of owners | No specialty, primary care only | No specialty, primary care only | No specialty, primary care only | | Difficult to attract sufficient amounts of capital. | Outsourcing Tasks | Outsourcing Tasks | Outsourcing Tasks | | Lack of Technology | High Rent | High Rent | High Rent | Opportunities | | | | | | Increased efficiency (Patient Flow) | Better access | Better Access | Better Access | | Organization & Tech development | Improved security...
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...SWOT is an acronym for Strength, Weakness, Opportunity, and Threat. SWOT analysis explores both internal and external factors influencing our work. Originally SWOT was developed for industry and business; however, educational organizations, community health, and other organization also equally use SWOT analysis. SWOT analysis assists in decision-making and strategic planning by guiding us to identify organization’s strengths, weakness, opportunities, and threats. Following is a SWOT analysis for South Beach Hospital, located in Miami Beach, Florida. Strengths: Provision of radiology services: We contract with the Gold Coast Radiology Group (the Group) to provide radiology services for our patients. Good partnership: We are expanding our partnership...
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...Assignment Describe SWOT analysis as a way to guide internal environment. How does this approach reflect the basic strategic management? Contents 1.0 INTRODUCTION 3 1.1 Overall description of SWOT analysis 3 1.2 Overview of the elements of the SWOT analysis 3 2.0 SWOT analysis as a way to guide the internal environment 4 2.1 How SWOT analysis prevents weaknesses and maintains strength 4 3.0 How SWOT analysis reflects the basic strategic management 5 Conclusion 7 References 7 1.0 INTRODUCTION 1.1 Overall description of SWOT analysis SWOT analysis is an analytical method which is used to identify and categories significant internal (Strengths and Weaknesses) and external (Opportunities and Threats) factors faced either in a particular arena, such as an organization, or a territory, such as a region, nation, or city. It provides information that is helpful in matching the firms' resources and capabilities to the competitive environment in which it operates and is therefore an important contribution to the strategic planning process. It should not be viewed as a static method with emphasis solely on its output, but should be used as a dynamic part of the management and business development process. Strategic planning depends on a clear understanding of your organization’s resources and Capabilities, as well as critical ingredients that are lacking. The assessment of organizational Strengths and weaknesses and opportunities and threats must...
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...submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use the MBA Overview and Effective Research and Writing at University of Phoenix Modules you reviewed to complete this assignment. Write a paper that analyzes the role of a manager within the functional areas of business: Required elements: No more than1050 words Two articles, including at least one peer-reviewed article, from the University Library cited in your paper to support your writing ...
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...to achieve organizational goals. Next one will decide which competencies are essential to conducting a SWOT analysis. Last one will relate the essential competencies to one’s own competencies for conducting a SWOT analysis. Knowing the culture of one’s organization will allow the company to grow. A “strategic plan is a plan that applies to the entire organization and establish the organizations goals” (Coulter & Robbins, 2012). When knowing the culture this will also enable one to create a ideal work environment for the employees and one’s self. There can be different types of culture within an organization. This is where an operational plan in which is a plan that encompass a particular operational area of an organization can help a company reach its overall goals (Coulter & Robbins, 2012). Strategic management is something managers do to develop the organizations strategies (Coulter & Robbins, 2012). This business model helps a company decide on if it will be able to persuade customers to buy their brand or if the organization can make money in doing so. Identifying an organization’s mission will also help the organization to highlight the direction of the organization and what is to be expected from the organization. These things help determine the SWOT analysis of the organization. The innovative ways of a successful organization are essential to the SWOT analysis. When a organization searches for ways to be innovative and grow it allows them to except...
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...will have knowledge and experience in their field. Work Culture Preferences and Competencies The Work Culture Results states that I am ethical, team work centered and well-resourced for my organization. The ability to learn your ideal work culture is beneficial for your organization to achieve goals but also allows you to achieve goals. Strategic Plans are plans set forth for the employees in the organization because we emphasize on fairness. The organization understands that by having managers and employees who possess the knowledge in a particular field will have an Operational Plan to make organization a safe place to work. Competencies essential to conducting an (SWOT) analysis; External and Internal analysis An External analysis deals with the organization competition business plans. External analysis also deals with future labor cost and how laws may change in the future. Managers ensure that to the organizations...
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...that not only promotes the above but also one that motivates the employee to obtain career advancement. When an employee does not have opportunities for advancement his or her motivation will decline. In an expert culture this includes varied and groundbreaking work, high emphasis on specialist expertise, people encouraged to express opinions, innovative, creative atmosphere, control work schedule and organization, and a dynamic and changing environment. When one works for a company that shares the same values of right of expression and creativity the environment will be better and hence higher productivity will result. SWOT Analysis The internal and external environments of the organization are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis. First conduct an external analysis...
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...many uncertainties organizations face when operating their businesses. These uncertainties can be limited if organizations perform environmental scans for their organizations. Environmental scanning assists businesses in providing information from internal and external environments to the executives so measures can be taken to take advantage of the information and succeed. SWOT (strengths, weaknesses, opportunities, threats) analysis is a key element of environmental scanning process which provides detailed information for the organization that can assist in growth and profits. Environmental scanning and SWOT analysis and how organizations use these tools to succeed and grow will be discussed in this paper. Environmental scanning is a process which monitors, evaluates, and disseminates information from internal and external environments to the people of the organization responsible of making decisions regarding growth and success of the company. Scanning the natural environment, societal environment (STEEP analysis), and task environment are the key elements of identifying the external environment. SWOT analysis should be performed to assess the internal environment of the organization. (Wheelen & Hunger, 2010) In scanning the natural environment, strategic managers must assess physical resources, wildlife, and climate. “The concept of sustainability argues that a firm’s ability to continuously renew itself for long-term success and survival is dependent not only upon the greater...
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...Explain what a SWOT analysis is and summarize the purpose of conducting a SWOT analysis. A SWOT (strengths, weaknesses, opportunities, and threats) analysis is a specific, structured planning method used to evaluate the strengths, weaknesses, opportunities and threats involved in a project or plan. A SWOT analysis “aims to identify the internal strengths and weaknesses of an organization, along with external market opportunities and threats” (Buchbinder & Shanks, 2012). SWOT is a basic, straightforward model that assesses what an organization can and cannot do as well as its competitors and also shows potential opportunities and threats to the ideas being considered. The way SWOT analysis works is to take the information gathered and separate it into internal (strengths and weaknesses) and external issues (opportunities and threats). Once this is completed, SWOT analysis determines what may assist in accomplishing the desired objectives, and what obstacles must be minimized to achieve favorable results (Buchbinder & Shanks, 2012). Users of SWOT analysis need to ask and answer questions which will give useful and meaningful information for each category to make the analysis useful and find the potential advantages and weaknesses. A SWOT analysis is an integral part of any planning process because it provides a good all-around view of the current situation as well as the considerations of future obstacles or issues. At the planning stage preceding the SWOT analysis, targets...
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...SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats | | |Main Section |Contributed by Val Renault | | |Edited by Jerry Schultz | What is a SWOT analysis and why should you use one? When do you use SWOT? What are the elements of a SWOT analysis? How do you create a SWOT analysis? How do you use your SWOT analysis? Opposition is an inevitable part of change and one that can significantly impact your community organizing. However, if you know how to take stock of the opposition inside and outside of your effort or group, you are more likely to plan and act effectively. That's where SWOT analysis comes in. SWOT can help you handle both ordinary and unusual situations in your community health or development initiative, by giving you a tool to explore both internal and external factors that may influence your work. What is a SWOT analysis and why should you use one? The name says it: Strength, Weakness, Opportunity, Threat. A SWOT analysis guides you to identify the positives and negatives inside your organization (S-W) and outside of it, in the external environment (O-T). Developing a full awareness of your situation can help with both strategic planning and decision-making. The SWOT method (which is sometimes called TOWS) was originally developed...
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...Firm Research Donna Wright Strayer University Business Strategies and Proposals BUS 505 Dr. Evangeline Jefferson April 20, 2013 Firm Research Introduction The purpose of this paper is to examine Firm Research. In developing this paper concepts will be identified in the areas of describing a small-business line of business (LOB); determining which government procurement opportunity is aligned with the LOB using the Federal Business Opportunities Website; the firm’s current strategies and assessing the strategic success using financial figures or “soft” indicators as the background; providing a SWOT analysis to determine the internal and external factors in servicing the federal government and utilizing a gap analysis in satisfying the expected requirements; and creating an action plan to fulfill the expected requirements based on the gap analysis. According to ("SBA", 2013) the U.S. government is the world's largest buyer of products and services. Purchases by military and civilian installations amount to nearly $200 billion a year, and include everything from complex space vehicles to janitorial services and cancer research. In short, the government buys just about every category of commodity and service available. By law, federal agencies are required to establish contracting goals, such that 23% of all government buys are intended to go to small businesses. In addition, contract goals are established for women-owned businesses, small disadvantaged...
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...Business Analysis of Walt Disney Company MGT/521 April 30, 2012 Business Analysis of Walt Disney Company In the era of the 21st century, when globalization has expanded drastically and rooted its success across the globe, the task of the managers in the company is getting challenging and competitive day by day. Firms have grown rapidly and the job of the fund manager has also increased to take advantageous decisions for their corporations. As a mutual fund manager, this paper will discuss the SWOT analysis of Walt Disney Company. SWOT analysis is a key component of a business analysis. It identifies a company’s internal strengths and weaknesses, and external opportunities and threats in order to obtain knowledge about the organization and whether or not the company is a worthy investment. “By conducting a SWOT analysis, an organization may improve its effectiveness through strengthening its current status, grabbing opportunities, and reducing weaknesses, and protecting business from threats” (Hitt, Ireland, & Hoskisson, 2009, p. vii). The Walt Disney Company is an American multinational diversified mass media company headquartered in Walt Disney Studios, Burbank, California, United States. It is the largest media conglomerate in the world in terms of revenue. Founded on October 16, 1923, by Walt and Roy Disney as the Disney Brothers Cartoon Studio, Walt Disney Productions established itself as a leader in the American animation industry before diversifying into live-action...
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