Strategic Plan Part II – Environmental Analysis and Setting Strategic Goals

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swot_analysis_table.xls

SWOT analysis

University of Phoenix Material
SWOT Analysis
Location of Factor Type of Factor
Favorable Unfavorable
Strengths Weaknesses
Human resources involves the resources which are established by human beings, that is, human labor which ensure specialization in different departments of an organzation. Inadequate human resourses in an organization leads to the less specialization and division of labor which later leads to the diminish of organizational goals.
Finance gives the capability of sustaing businesses since money is used to maintaing the business run Less financials lead to slow and poor business stability which causes it to deteroriate within a given time period.
Internal advantage of an organization depends on the type of management present to enable a business thrive well under suitable conditions. Lack of good management will lead to less effective thrive of the organization because of poor leadership skills.
j Physical resources involve external environment which has positive influence on the organization. Less financials lead to slow and poor business stability which causes it to deteroriate within a given time period.
Experience among the workers ensure that they have adequate skills on what they should operate and hence it enables them to give quality work output. Inexperienced workers don’t have the capability of providing good services compared to the experienced workers.
External Opportunities Threats
Consumer and social needs will lead to growth of an organization because consumers will tend to buy more products which causes more sales More consumer needs on a certain product over another may lead to surplus products over a time period.
Competitive enables a business organization to produce more products which are markeable. High competition may lead to low product income.
Technology establishes the basis of a well and strong organization More improved technology from other companies will lead to low chances of a well and efficient thrive of an organization.
A well and growing economy will lead to growth of an organizaation Slow rate of economic growth will lead to slow growth rate of a company.
Regulatory services are offered to ensure that businesses thrive well. Regulatory services tend to favor big organizations but discriminates small organizations.