Business Model and Strategic Plan Part II: SWOTT Analysis Paper

January 21, 2015

Gioconda Rodriguez-Padilla

Business Model and Strategic Plan Part II: SWOTT Analysis Paper

Begin your 1,050-word paper here. This is the required introduction, providing a brief overview, introducing the topics that will be covered in your paper to catch the reader’s attention as well as making the objectives of your paper very clear.

Double space the entire document. Be sure to indent the first line of each paragraph between five and seven spaces by pressing the Tab key one time on the keyboard. Make sure not to leave extra spaces between paragraphs.

Please refer to the sample APA paper located in Course Materials for additional guidelines and clarification or use the Center for Writing Excellence. This template is merely to help you excel and meet my expectations on how a paper should be formatted and how to cover the concepts. Please remember to submit your paper in WritePoint and correct all grammar and spelling issues.

(DON’T DELETE THE SPACE AFTER THIS SECTION SO THE LANDSCAPE FORMATTING DOESN’T CHANGE. I INSERTED A SPECIAL SECTION BREAK. ONLY DELETE THESE INSTRUCTIONS THAT ARE HIGHLIGHTED IN YELLOW.)

Strategic Plan Part II 1

The following is a sample. The SWOTT assessment will strengthen current and future operations of the business by providing a framework of the company’s health. The strengths, weaknesses, opportunities, threats, and trends will also be the basis for analyzing economic forces, adaptation to change, and supply chain operations.

(DON’T DELETE THE LINE BELOW THESE INSTRUCTIONS/SECTION THAT IS HIGHLIGHTED IN YELLOW SO THAT THE FORMATTING GOES BACK TO PORTRAIT.)

External and Internal Forces and Trends

This is a level one heading that I replaced with the words for your heading. The heading must be in bold font. For this assignment, you are required to provide a synopsis analyzing the external and internal forces and trends as discussed in class. Make sure to properly cite and reference all sources.

Include a brief overview of the economic, legal, and regulatory forces and trends of your company’s new division.

For example, political changes are affecting the regulatory operations …….. more dljf;djf;a j;fdjfa;ld fdj etc etc. Another influencer is the political connection between so and so that allows so and so to etc etc etc. jdfjadjlfljd f df aj. Ijfafdja in addition to more jibber jabber dljfl;djf;a, according to… etc etc. Remember to validate your opinions with research, using in-text cittions, and list your references that I will verify.

As technology changes the need to etc etc etc etc etc etc etc. jdfjadjlfljd f df aj. Ijfafdja in addition to more jibber jabber dljfl;djf;a, according to… etc etc. Remember to validate your opinions with research, using in-text cittions, and list your references that I will verify.

The culture with its employees, customers, and investors will set the trend for etc etc etc. jdfjadjlfljd f df aj. Ijfafdja in addition to more jibber jabber dljfl;djf;a, according to… etc etc.

Remember to validate your opinions with research, using in-text cittions, and list your references that I will verify. The business is also focused on building brand recognition and building relationships for strategic global growth etc etc etc. jdfjadjlfljd f df aj. Ijfafdja in addition to more jibber jabber dljfl;djf;a, according to… etc etc.

Competition as an external force is measured through the etc etc etc. jdfjadjlfljd f df aj. Ijfafdja in addition to more jibber jabber dljfl;djf;a, according to… etc etc. Remember to validate your opinions with research, using in-text cittions, and list your references that I will verify.

Critique how well the organization adapts to change. For example, the company builds on internal strengths of strategic partnerships and culture. As a learning organization the company will conduct SWOTT analysis on a biannual basis to understand, learn from, and adapt the performance of the previous year to the current state. Leadership will create a strategic plan for the coming year based on the results of the analysis. Any changes will be communicated to the investors, employees, and customers as needed.

Hindrances to adaptation would be leadership conflict, market loss, economic health, or lack of resources. As hindrances are identified, changes will be made through the chain of command to integrate all parties into the new strategic plan. Success of adaptation to change will be measured in the improvement of business operations either logistically or financial (Schroeder-Saulnier, 2009).

Analyze and explain the supply chain of the new division of the existing business. Share your plans to develop and leverage core competencies and resources within the supply chain in an effort to make a positive impact on the business model and the various stakeholders.

For example, all supplies for the company will be calculated on industry knowledge and sales trends etc etc etc. jdfjadjlfljd f df aj. Ijfafdja in addition to more jibber jabber dljfl;djf;a, according to… etc etc. Remember to validate your opinions with research, using in-text cittions, and list your references that I will verify.

The financial practices of the new division will be in compliance with government regulations. The division will also incorporate supply change management into the culture of the business assuring the message our customers receive is one with their economic interest and unique style in mind. Supply chain performance measures will be the competitive cost of supply, the ease of sourcing, the percentage of local suppliers used, inventory count, and reliability.

Analyzing the issues and opportunities surrounding the SWOTT findings is a continued step to developing a strategic plan for business operations. The forces and trends analyzed are list all of the ones that you included in your SWOTT, for example, innovation, social, technological, legal, cultural, etc.

PLEASE REVIEW THE FORMAT BELOW CAREFULLY. This format is to help you develop your hypothesis and test the accuracy. First you are going to make a statement describing the issue or opportunity, followed by a hypothesis that can be in the form of a question; then explain the circumstance, followed with the contingency that explains how to resolve the issue or take advantage of the opportunity. The examples below are related to a coffee shop.

New technology for product/service is continuously changing.

Hypothesis: How can BUSINESS stay competitive with new technology?

Circumstance: Technology grows rapidly as does demand for a particular product.

Contingency : Technology may not continue in popularity nor be welcome as integration within the location. Consumers may not adopt interest in variety of coffees grown locally. Provide alternative products such as tea and other healthy items.

The competition for service industry businesses is strong.

Hypothesis: How can BUSINESS stay competitive as a brand?

Circumstance : Many coffee shops and bars exist in all major cities. Providing consumers with options may not be what consumers would respond to.

Contingency : Develop brand awareness through marketing. Customers associate BUSINESS with a comfortable and welcoming space in their communities.

The location of (the business) is a trend.

Hypothesis: How can BUSINESS retain business in a trending city?

Circumstance : SOMEWHERE is rapidly growing with diversity and demand. The city is known for lifestyle, culture, and art. Popularity of SOMEWHERE has grown so rapidly it appears to be a trend.

Contingency : The infrastructure of SOMEWHERE is well built to support the growing demand for resources and continues to attract a high rate of residency and visitation. The BUSINESS will need to diversify at multiple locations within the city and internationally.

Legal landscapes of (the country where the business is located) are changing.

Hypothesis: How can BUSINESS adapt to changing laws and regulation?

Circumstance : The political behaviors of SOMEWHERE are shifting with a growing population. New drug consumption laws are going into effect. The cultural demographic is shifting.

Contingency : More inclusiveness in diversity strengthens BUSINESS’ consumer base and promote social unity. BUSINESS attracts a unique independent culture.

The economy has been declining.

Hypothesis: How can BUSINESS operate during uncertain financial environments?

Circumstance : The economy of SOMEWHERE is strong. The country is also very cautious with their resource spending which provides a slower growing and stable future.

Contingency : BUSINESS diversifies its brand and expands location to support a globally fluctuating economy.

Newly developed business model and brand.

Hypothesis: How can BUSINESS develop its brand and replicate the business model?

Circumstance : The BUSINESS brand is new to the consumer market. BUSINESS will have to secure a position within service market. BUSINESS will also need time to see what works within the business for replication.

Contingency : Consumers take to the brand and concept very quickly. There are evident forces that shape the brand.

Internal social culture is sensitive.

Hypothesis: How can BUSINESS integrate into an exclusive social culture?

Circumstance: The social culture in SOMEWHERE is exclusive and hidden from public eye. Integrating into daily culture is difficult to capture or reflect.

Contingency : Strategic connections draw an appropriate audience. BUSINESS has flawless integration into local culture.

References (sample, insert appropriate references, use at least five)

Altman, A. (2014, December 9). Top 10 Business Trends That Will Drive Success In 2015. Forbes. http://www.forbes.com/sites/ianaltman/2014/12/09/455/

IT Business Edge. (no date). Top 10 Strategic Technology Trends for 2015. Retrieved from http://www.itbusinessedge.com/slideshows/top-10-strategic-technology-trends-for-2015.html

ThinkAdvisor.com. (2014, December 18). 5 Key Economic Trends for 2015: SIFMA. Retrieved from http://www.thinkadvisor.com/2014/12/18/5-key-economic-trends-for-2015-sifma