Principles of Management custom essay

The first of four functions of a Manager is planning. Strategic Planning involves a series of interconnected steps. During the next four weeks you will be completing each step. Your document should be formatted as follows:

This outline is provided to help you organize your SWOT Analysis papers.  write a minimum of one paragraph for each sub-section of the outline.

Organization Background .
Strategic Direction (see chapter nine)
Mission Statement

Comment on how the organization’s mission statement reflects their strategic direction.
External Environmental Assessment .
Each of these forces that are outside the organization and require management to react. Comment on trends in each force and whether they affect the company’s performance.
The SWOT Chart
Prepare a chart identifying the company’s Strengths, Weaknesses, Opportunities and Threats
For two strengths, provide the reason why each is a distinctive competency.
For two weaknesses, explain how each effects the company’s competitive advantages
You should have a minimum of a full paragraph for each discussion of each strength and weakness.

Strategic Actions
For each strength from part three, comment on how the organization can use it
For each weaknesses from part three, discuss how management can minimize it
Discussion as to how the organization can capitalize on the two (2) opportunities that are occurring from the forces from within the external environment.
Discussion as to how the organization can neutralize two (2) threats that are occurring from the dimensions from within the external environment.

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