Shared Flashcard Set
Cards
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Core Competencies Financial condition Management and culture method to evaluate internal strengthsweaknesses summing up |
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Potential foundation for any new or revised strategy Inimatability durability appropriatability sustainability competitive superiority |
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Cash flows access to outside capital other scheduled capital spending plans hurdle rate of new projects |
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Managers are resoected people feel personally motivated to change the organization is nohierachical people are accostumed to collaborative work there is a culture of accountability for results performance is rewarded |
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| Methods for evaluating internal strengths and weaknesses |
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1)select an individual to facilitate the analysis 2) Create a SWOT team of knowledgeable individuals from diffrent functional areas of the company 3) Branstormin the company unit strengths 4) Record all suggestions on a flip chart 5) consolodate idea post all flip pages on wall 6) clarify ideas 7) Identify the top three strenghs 8) Summerize the company strengths 9) Repeat step 2-6 for company or unit weakness |
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