Long-Term and Short-Term Plans A

3

Environmental Analysis

Anthony Johnson

Capella University

Professor: Jocelyn Williamson

FPX4993

December 4, 2022

Internal Factors

Internal factors affecting the success of the chosen industry involve aspects within the organization and those which are under the control of the organization's business. Organizational leaders' role is vital to the entity's internal factors. One of the factors with the potential to affect the organization's success includes resilience and strategic thinking. Just as I have naturally become resilient since I was a baby, I plan to use the experience to get the entity through the hardest times as it grows and develops. While others may get discouraged and give up, especially during the hard times of growing an organization from scratch, I can push the entity through some of its challenging times and get it to success or achieve its primary goals. Moreover, with my skills in critical thinking, I will think beyond the typical context available. In other words, I intend to utilize the skill to evaluate the possible factors that may significantly impact the entity's future operations. In addition to the knowledge acquired from school, I intend to incorporate my critical thinking skills with the acquired knowledge to formulate effective strategies that could curb any challenge that may destruct the organization's progression.

One of my significant weaknesses is my lack of ability to collaborate with others to achieve a certain task. One of the benefits of working in collaboration is the essence of exchanging ideas and opinions. It might be difficult to complete given tasks, especially when it entails complexities effectively. Working in collaboration makes the process efficient and quicker as team members with certain knowledge share information and ideas on how the assignment should be successfully completed (Hock-Doepgen et al., 2021). Before starting with my team members, I intend to build an effective communication and transparent system. This is to foster trust and efficiency during the interaction. To accomplish this, I will first learn and understand each team member's character traits to determine approaches to interacting with them during the implementation process. Also, I will learn to respect other people's skills and acknowledge that my skills and knowledge are not superior to others. Therefore, I intend to share what I know and listen to the ideas and suggestions made by others, especially in areas I need to familiarize myself with.

External Factors

External factors are aspects that are beyond the entity's control. In other words, the organization can only evaluate ways of mitigating the factors but cannot manipulate the factors themselves. One of the external factors affecting the entity is the availability of specialties and mentors in the organization. Especially when encountered with extremely challenging situations, such experience individuals or professionals will contribute ideas on how effectively the team can cub the emerging issues along the implementation process (Paais & Pattiruhu, 2020). Another external factor that needs consideration includes the ability to keep up with the rapid and ever-changing technology. Technology changes are one of the aspects that an organization can only learn to cope with rather than manipulate it. Therefore, I intend to have a separate research and development team to ensure the organization stays caught up in advanced technology and innovative strategies. I will also utilize the advanced technology to enhance the entity's operations efficiency. Operational efficiency within the organization will lead to quality products and services that meet the customers' needs to their satisfaction.  

References

Hock-Doepgen, M., Clauss, T., Kraus, S., & Cheng, C. F. (2021). Knowledge management capabilities and organizational risk-taking for business model innovation in SMEs.  Journal of Business Research,  130, 683-697.

Paais, M., & Pattiruhu, J. R. (2020). Effect of motivation, leadership, and organizational culture on satisfaction and employee performance.  The Journal of Asian Finance, Economics and Business,  7(8), 577-588.