Tuesday, January 19, 2016

week 8


How might you undertake ‘Internal Strategic Analysis’? What models would you apply and why? Where would you go to find the information you need?

Answer:

 

Internal Strategic Analysis is the systematic evaluation of the key internal features of an organization. It helps in the identification of internal strengths and weaknesses that are key to successful organizational performance.

For the internal strategic analysis Mckinsey 7-S framework would be best because McKinsey’s 7s model analyses the organization culture by reviewing its capabilities and performance from different viewpoints (Hanlon, 2014).  It provides the framework of seven different context, they are as follows

Strategy: the plan devised to maintain and build competitive advantage over the competition.

Structure: the way the organization is structured and who reports to whom.

Systems: the daily activities and procedures that staff members engage in to get the job done.

Shared Values: the culture that binds the people to achieve the goals.

Style: the style of leadership adopted.

Staff: the employees and their general capabilities.

Skills: the actual skills and competencies of the employees working for the company (Mindtools, 2015).

I would use the Google to find more information as it is easy to use and has huge amount of information.

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