Wednesday, February 13, 2019
SWOT Analysis Essay -- Business Analysis
Organizational performance is a result of stemma interaction with its innate and extraneous environment (Houben, Lenie & Vanhoof, 1999). thither ar a variety of internal and external forces that either piddle or compromise the organizations performance in achieving objectives or goals (Houben, et al., 1999). An abstract hindquarters identify and evaluate argonas within or outside of the organizations to provide selective information for leadership. The analysis can be d iodin by internal forcefulness or external experts. Experts are often used to identify, monitor, forecast and quantify environment trends (Swayne, Duncan & Ginther, 2008). Often the SWOT analysis is used to review internal and external areas in the four components strengths, weakness, opportunities and threats.The SWOT analysis indicates that the strengths and weakness are internal. Strengths are the organizational competitive advantages and distinguishing competencies (Houben, et.al, 1999). Weaknesses hinder the progress of the organization in a certain direction (Houben, et.al, 1999). Weakness can be considered areas of opportunities. info collections from employees and customer surveys along with financial information can indicate the strengths and weakness. Opportunities and threats are viewed more as external forces. Opportunities are investment or veer which the organizations may consider. Threats could be competitors or other known factors which the organization should identify.This account will review a SWOT analysis that was conducted by an external exporter on the healthcare organization, Kaiser Permanente. The external expert is Datamonitor and is familiar with nonprofit organizations. Datamonitor (2011) indicates that Kaiser Permanente (KP) is one of the ... ...amonitor (2011). Kaiser Permanente.,Kaiser substructure Health Plan, Inc. SWOT Analysis Dec2011, p1-9, 9pDATAMONITOR (2010). Kaiser Foundation Health Plan, Inc. Kaiser Foundation Health Plan, Inc. S WOT Analysis Nov2010, p1-8, 8pHardwick, P.l (2005). Want a better business? Invest in SWOTing . Mississippi pipeline Journal, 1/31/2005, Vol. 27 Issue 5, pA5-A5, 3/5pHouben, G. Lenie, K. Vanhoof, K. (1999). A knowledge-based SWOT-analysis system as an instrument for strategic planning in small and medium sized enterprises. Retrieved from. http//www.cuaed.unam.mx/puel_cursos/cursos/d_gcfe_m_dos/modulo/modulo_2/m2-10.pdfWeisman, S (2008). S.W.O.T. analysis is no longer the best approach to planning for success. Hudson Valley Business Journal, 10/27/2008, Vol. 19 Issue 43, p11-11, 1/3pSwayne, L. E., Duncan, W. J., & Ginter, P. M. (2008). Strategic
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