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Casual Articles - Strategic Planning Process - SWOT Analysis
The past few weeks have presented nothing but bad news for the formerly world leading American automobile industry. Henry Ford must be rolling over in his tomb. Alfred Sloan, the architect of the multi-division General Motors juggernaut, is a very sad “car guy” in the sky these days. Plant closings, huge employee layoffs, lost market share and horrid fiscal performance indicate that the “big three” (including Daimler-Chrysler) are in big trouble. They must change, and change is not pleasant fo
Q. What's the biggest complaint CEO's have about their Boards? A. "The Board is a waste of time - it doesn't add any value."Q. What's the biggest complaint Board members have about their Boards? A. "This Board feels like a waste of time - it doesn't feel like we're adding any value."Q. What's going on here? A. Who said the role of the Board is to add value?<
There are many ways how a SWOT analysis is used. It is not my intention to compare what are the differences but to share how I used it in my Strategic Planning workshops.
Strength This is an internal factor deals with the strength in the operation. It is internal because it takes into considerations of the level of competence for their internal capability. They are many factors in an operation that can be considered as strength. It is normally highlighted during brainstorming among management members. When the list of factors for Strength is too many, then
The equipment that is normally found in a child's salon is very attractive and is designed to draw the children to the salon, to get their hair cut.They have various types of chairs that are suitable for children. These include the airlift kiddy's chair, which is mounted on a base. The seat safely holds children while their hair is being cut. The most popular is the master barber chair, which is considered to be a very comfortable chair and is designed to suit many needs. There are attr
There are many ways how a SWOT analysis is used. It is not my intention to compare what are the differences but to share how I used it in my Strategic Planning workshops.
Strength This is an internal factor deals with the strength in the operation. It is internal because it takes into considerations of the level of competence for their internal capability. They are many factors in an operation that can be considered as strength. It is normally highlighted during brainstorming among management members. When the list of factors for Strength is too many, then
When debating with someone else who begins using normal human conversational trickery, often they will demand common courtesy if the debate gets heated. Although in reality no one should not expect any common courtesy who uses such tactics, as they move to make the other party look foolish, eat their words or backtrack on a previous comment.This is because as you disrespect the other party, they want revenge. And common courtesy simply goes out the window. Recently in debating a topic w
Strength This is an internal factor deals with the strength in the operation. It is internal because it takes into considerations of the level of competence for their internal capability. They are many factors in an operation that can be considered as strength. It is normally highlighted during brainstorming among management members. When the list of factors for Strength is too many, then
Entrepreneurs are constantly looking for creative ways to market their products effectively, that do not require the marketing budget of Coca-Cola. At the start-up stage, business owners want to ensure that every penny is put into the best possible use. Newsletters are information as well as communication tools that can be adopted by most small businesses with ease, to aid their marketing endeavour especially when working with a low budget. They usually do not require much flare but a clear
A Small Business Is Bought and SoldIS THERE A SMALL-BUSINESS OWNER who has never considered selling his business? Probably not. Is there an individual with some money, talent, or an urge for independence (often only the last) who hasn't thought about owning his own business?The number of small businesses actually bought and sold, however, represents only a small fraction of those who have felt these urges. To many people, the desire to buy or sell is only a passing thought. Other
Weaknesses Similar to the above, it is an internal factor deals with the weaknesses of the operation considering the level of competence as compared to their better competitors. With weaknesses identified by way of brainstorming, the factors might be too many. When the list of factors for weaknesses is too many, then it should be groupe
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