Personal strengths, weaknesses, opportunities, and threats analysis

¶ … Strategy Strength?

The aspect of understanding organizational performance and that of employees is among the greatest challenges most organizations face in the current global environment characterized by complex situations. This allows the management to adopt effective strategies of eliminating the identified barriers to organizational success and promoting behaviors that contribute to the realization of the designed organizational objectives. Different tools can be used to determine organizational and stakeholder performance. Among them is the SWOT analysis template that provides the organization with insights into their performance abilities and competitiveness. The SWOT diagram allows the management to analyze the collected information, interpret, and evaluate the challenges facing the organization and develop effective strategic objectives that eliminate the identified weaknesses and threats. The diagram also allows for the identification of the strengths and weaknesses of the organization alongside the strengths and opportunities that should be utilized to provide it with the desired operational advantages.

When done properly, the SWOT analysis diagram provides the organization with a big picture of the factors that influence its prosperity and survival alongside plans to act on. Similarly, managers and employees of the organization acquire significant information from using the SWOT analysis diagram. They acquire insights into their abilities, strengths, weaknesses, threats, and opportunities that should be utilized to improve their performance (Darvish & Zahra Najafi, 2014). Therefore, SWOT diagram proves a superior tool for determining the performance of the organization.

Problem

Businesses in the current global environment face significant challenges that necessitate the adoption of multiple strategies that aim at minimizing their exposure to risks and uncertainties. Among the challenges that face organizations include competition, technology adoption, constantly changing consumer demands, and legal regulations. Therefore, organizations opt to adopt strategies such as diversification of their activities and intensive mergers and acquisitions to minimize the exposed risks. As a new manager in organization X, I am held with the responsibility of introducing the desired organizational culture of teamwork and creating an environment that fosters open communication between stakeholders is one of the major organizational processes that require planning.

Significant analysis of organization X reveals that it has an environment that promotes free interaction between the employees, the management team, and the other stakeholders of the company. As such, it has predisposed it to an undesired organizational culture where the senior management team takes the responsibility of making decisions on behalf of the other employees. Similarly, the owners of the company do not appreciate the fact that the employees play an important role in making decisions related to organizational performance and competitiveness. As such, as a new manager in the organization, I have a responsibility to develop a plan for ensuring the elimination of the undesired culture within the organization. Developing the desired plan for the desired organizational change will influence the performance of Company X significantly. The strategy will provide the company with insights into its performance abilities in relation to organizational culture and teamwork that underpin its performance. Employing strategies such as strategic planning and collaborative decision-making will facilitate the adoption of strategies considered effective for all the organizational stakeholders.

Analysis

The success of the plan for the above process will be influenced by the analysis of various organizational factors that will affect its success. As such, it will entail the analysis of the strengths, weaknesses, threats, and opportunities of the company that will affect its performance and competitiveness.

Internal strengths and weaknesses

Significant analysis of the findings obtained from the earlier analysis in step one and two shows that various strengths and weakness will influence the success of the plan. The fact that I have good record keeping and management skills and knowledge form my strengths that will influence the success of the process. I am always very careful on issues related to proper documentation and record keeping. In addition, personal analysis using the SWOT analysis template shows that the fact that I take the responsibility of developing new hypotheses for the causes of the problem also form part of my strength. The strategy allows for the identification of the desired strategies for eliminating the key causes of the organizational problem. In addition, factors such as my commitment to making things work, making practical solutions, and encouraging thoroughness in idea implementation form my strengths.

However, the fact that I am poor at organizing my things forms a weakness that affects the success of the above process. My commitment to making things work increases my vulnerability to external influences such as lack of commitment from the organizational stakeholders, which affects my leadership and managerial abilities. In addition, personal analysis shows that I have the habit of focusing on the general idea during project implementation and leaving others to determine the course of the project forms my significant weakness.

External threats and opportunities

Among the external threats that are likely to affect the success of the process include technological adoptions, legal frameworks related to the adoption process, and competition that might divert the attention of the organizational stakeholders in relation to the adoption process. However, the availability of numerous opportunities that should be maximized to enhance the success of the process will eliminate the above weaknesses and threats facing the organization. Among the opportunities, include a learned and well-informed labor force within the organization that is willing to adopt the desired organizational culture. The increasing competition between organizations provides the company with opportunities to adopt a strategy to enhance its competitiveness. Finally, the availability of technology within an organization provides the necessary opportunities that should be exploited for organizational success.

Integration

Based on the above findings, I should focus on the creation of strategies that aim at maximizing the presented opportunities and strengths in conjunction with collaborating with the other organizational stakeholders. Developing goals, aiming at maximizing the presented opportunities and strengths will provide the organization with insights into the factors that contribute to the challenges facing it and strategies that can be adopted to prevent their occurrence in the coming future. Among the strategies that should be adopted to achieve this goal, include involving the employees in making decisions related to the organizational project, adopting personal measures of ensuring tidiness and organization, and creating awareness among the employees to promote the adoption of the desired organizational strategies.