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Homework: Complete a SWOT Analysis for Strategic Planning and Implementation
Background
Assume that you are a consultant to a publicly traded global company. Top managers have requested that you create a strategic plan for them, including a SWOT analysis. A strategic plan is a document that organizations develop to communicate goals and the actions needed to achieve those goals. The plan also has a timeline that includes all critical elements in the planning exercise. Review the company's financials. Identify if the company met the financial goals for the previous fiscal year. Explain and be specific in your report.
Instructions
For this homework, complete a SWOT analysis of your company using the template included in this resources. Identify at least three points for each of the four SWOT categories. Then, write at least three recommendations for improvement based on the analysis results. For each recommendation, you must identify how this will be put into action (implemented) and what the consequences of each recommendation might be (what could happen after implementation, both positive and negative).
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