Personal SWOT Analysis SWOT

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¶ … 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...

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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.…

Sources Used in Documents:

References

Darvish, H., & Zahra Najafi, T. (2014). A Study on the Relationship between Succession

Planning and Strategic Planning. Case Study: Payame Noor University of Aleshtar.

Economic Insights - Trends & Challenges, 66(1), 11-24.

Townsend, C., & Liu, W. (2012). Is Planning Good for You? The Differential Impact of Planning on Self-Regulation. Journal Of Consumer Research, 39(4), 688-703.


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