What is the value of using swot analysis

Assignment Help Business Management
Reference no: EM132853625

A large, not-for-profit healthcare organization spent one year developing its first strategic plan. It involved both internal and external stakeholders, created a mission and a vision, gathered trend data, made projections, and identified strategic priorities and subsequent projects. After completing the first draft, it gave the document to various stakeholders for review and comment. Generally, the feedback was positive. However, one high-ranking governmental official remarked that the strategic plan was not complete and not of high quality because it made no reference to SWOT analysis.

-Is the governmental official correct? Should all strategic plans be informed by SWOT analysis?

-What does a SWOT analysis provide? Could this information be generated in another way?

-What is the value of using SWOT analysis? Are there disadvantages to using SWOT analysis?

-Could a strategic plan be created solely on the basis of SWOT analysis? Why?

Reference no: EM132853625

Questions Cloud

How many years will it take : How many years will it take for JD70,000 to grow to be JD190,000 if it is invested in an account with an annual interest rate of 8%
Mergers and acquisitions-joint ventures : Question: What constructive critiques/comments and supplemental insights do you have for the following discussion post:
Calculate Duncan Canada Pension Plan contribution : Upon termination of his employment, he will be paid $7,760.00 legislated wages in lieu of notice together, Calculate Duncan Canada Pension Plan contribution
Discuss the commitment to a corporate standard : Ethics, Corporate Social Responsibility, Environmental Sustainability, and Strategy. (Main Heading)
What is the value of using swot analysis : Is the governmental official correct? Should all strategic plans be informed by SWOT analysis?
Compute the amount of bonus : On December 31, 2019, Davis has a capital balance of P 175,000 and Caruso P 25,000. Compute the amount of bonus
How much is the total credits of post-closing trial balance : Office supplies on hand at the end of January, P500. How much is the total credits of the post-closing trial balance on January 31, 2021
Explain amazon customer service : Explain Amazon customer service and warehouse management.
National professional development model : How do the requirements for your department or one in your area compare to the National Professional Development model?

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd