...becoming a qualified Community Specialist Practioner (CSP) after completing a SWOT analysis. Throughout this reflection I will be using the Gibbs (1998) model of reflection, the Gibbs cycle helps the reflective process. It is also structured, helps individuals to look at the situation and evaluate for future learning. Moon (2013). According to Adair (2013) decision-making and problem solving strategies will help individuals confidently make the right decisions within the role as a leader. In addition I will also discuss how I reflected, after completing my SWOT analysis to devise an action plan and goals, to reach my final target. A SWOT analysis is to identify an individual’s; Strengths, Weaknesses, Opportunities and Threats. A SWOT is a structured plan that helps identify strategies to help with positive and negative factors (internally and externally). It also helps to improve personal and professional development, identify areas to develop on and set goals. Pearce (2007). As part of my personal and professional development I needed to complete a SWOT analysis so that I could identify areas to develop, which would contribute to me becoming an effective CSP. I therefore felt to become an effective decision-maker within a team I needed to reflect on my weakness that could be holding me back slightly. During my first couple of weeks as a CSP within my practice placement, I decided to complete the SWOT analysis. Completing the tool I felt was a task in its self, completing the tool...
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...Business Analysis - Part 1 In this paper I am taking on the role as a mutual fund manager making a decision on if to invest funds into Bank of America (BoA). Over the next three weeks I will conduct an extensive business analysis on BoA and this paper is part one of three of the complete analysis. Part one of the business analysis of BoA consists of a SWOT analysis and my point of view in regard to which part of this analysis is the deciding factor for me to invest in this company or not. In addition all internal and external stakeholders will be identified and their want and needs described. An explanation of how BoA is fulfilling the different needs of the different stakeholders will be the last section of part one in this business analysis. SWOT analysis of Bank of America “Bank of America is one of the world’s largest financial institutions, serving individual consumers, small- and middle-market businesses and large corporations. It is the largest bank holding company in the United States, by assets, and the second largest bank by market capitalization. The company serves clients in more than 150 countries and has a relationship with 99% of the U.S. Fortune 500 companies and 83% of the Fortune Global 500.” (MBA lectures, 2010) A SWOT analysis is defined as: “SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. By definition, Strengths (S) and Weaknesses (W) are considered to be internal factors over which you have some measure of control. Also...
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...Mashell Chapeyama University of the People Swot analysis for Chipinge Banana Company Swot analysis is an environmental scanning tool. It is widely used in the world of business in analyzing some factors that have a great bearing on the company’s drive to achieve its mission. With swot companies are able to identify both negative and positive factors that have a bearing on the viability of the organization. Using swot, a company can find its own weaknesses and strengths as well as the opportunities and threats that are found in the broader economy. This essay shall concentrate on identifying and evaluating the internal and external factors that affect Chipinge Banana Company. Chipinge Banana Company is a company that is devoted to the production of bananas for sale to the local and international market. It sells its bananas in Zimbabwe, as well as to countries such as Zambia and South Africa. This company has no any other businesses which it does. It is a well known company that operates in Zimbabwe. The following table shows the results of the swot analysis carried on this company. The writer has selected this company because he currently works in it and has a very good understanding of its operations. Strengths • There is a strong team spirit in management • There is good infrastructure • Clearly established administrative system • There if flat piece of land • There is high morale among employees • There are open lines of communication • Employee have good attitudes...
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...Work Culture and SWOT Analysis Work culture is the type of environment people work in, the way they interact with one another, the way they go about their work and practices undertaken in this environment. Some working culture is apparent at first glance while others are more subtle and slow to reveal. This paper will discuss how knowing your ideal work culture can help you in developing strategies and operational plans to achieve organizational goals, which competencies are essential in conducting a SWOT analysis, and how my competencies relate to the essential competencies for conducting a SWOT analysis. Ideal Work Culture in Developing Strategies Knowing my ideal work culture benefits my organization to achieve goals and allows me to achieve personal goals as well. According to University of Phoenix, my work culture results showed me to be leadership intensive, supportive, and well-resourced. I supervise my staff and influence my organization by being supportive and clearly defining jobs, goals and expectations. I am well-resourced, comfortable, and have a well-designed work place to complete high standards of work. As manager, I can determine the way that things are done in my organization and how to lead my employees to develop and achieve those goals because I am aware of the shared values, principles, traditions, and operations that take place in my organization. Once I determine which goals need to be achieved, I can develop a plan to achieve those goals either...
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...THE SWOT ANALYSIS OF TOURISM DEVELOPMENT IN BANGLADESH [pic] Based on a Study of MARKETING MANAGEMENT TERM PAPER ON THE SWOT ANALYSIS OF TOURISM DEVELOPMENT IN BANGLADESH |SUBMITTED TO | |MD. ABDULLAH | |Assistant Professor | |Department of Marketing | |Comilla University | |SUBMITTED BY | |MD. SHAHADAT HOSSAIN SUNNY | |Exam Roll No: 01 001 | |Registration No: MKT 07 322 | |MBA, 1st Semester | |Department of Marketing | |Comilla University ...
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...01717520085(zero one seven one seven five two zero zero eight five ) Assignment Subject: SWOT Analysis Date of Submission: 04.08.2012 Supervised By: Md Abdullah Chairman Department of Marketing Comilla University Prepared By: Md. Iqbal Hossain Patwary ID No: EMBA- 12020701 Department of Marketing Comilla University S.W.O.T. ANALYSIS Identifying my Strengths, Weaknesses, Opportunities, and Threats A SWOT analysis is a term used to describe a tool that is effective in identifying my Strengths and Weaknesses, and for examining the Opportunities and Threats you face. While it is a basic, Straight forward model, it has been a popular business practice for many years because it helps provide direction and serves as a basis for the development of business plans. It accomplishes this by examining the strengths (what an operation does well) and weaknesses (what an operation does not do well) in addition to opportunities (potential favorable conditions for an operation) and threats (potential unfavorable conditions for an operation). Once completed, the SWOT analysis can help determine if the information indicates something that will assist the operation in achieving its objectives (a strength or opportunity), or if it indicates an obstacle that must be overcome or minimized to achieve desired results (weakness or threat). What are the elements of a SWOT Analysis The SWOT analysis stands for the analysis of internal strengths and weaknesses of an operation and external opportunities...
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...am going to discuss how I have used the five-step decision-making model and a SWOT analysis to help me make different kinds of decisions. Five-Step Decision-Making Model I have already earned my Master’s in Business Administration and in doing so; I have learned large amounts of information about different types of decision-making models. However, one of the decision-making models that I have used most in my educational career is the five-step decision-making model. This model a simple five-step process that is easy to follow. The five steps of this model include “1. State the Problem, 2. Identify Alternatives, 3. Evaluate the Alternatives, 4. Make a Decision, and 5. Implement your Decision” (Stellar Force, 2010, para. 3). The five-step decision-making model uses logic and a normal thought process that should be used most of the time in making decisions, especially when they are important decisions. SWOT Analysis Another decision-making model that I have used most of my educational career is a SWOT analysis. “The definition of SWOT analysis is to evaluate the qualitative (non-number) aspects of strengths, weaknesses, opportunities and threats of a company or organization” (Stellar Force, 2010, para. 1). Using a SWOT analysis will help businesses better to understand themselves and their competition in order to make the best decisions for the company. It is important to do a SWOT analysis...
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...will bring in information I have gleaned from the self-assessments that I completed in this milestone. In section two, also milestone two, I will briefly explain and present my work from the SWOT analysis. In section three, also milestone three, I will present my work from my PEST analysis and briefly explain what I learned from the analysis. Section four of my paper, which is milestone four, I will create a chart showing three practical goals I developed during the course. Also in this section, I will briefly explain whether the overall plan benefited me and also what I learned about myself. Over the course of my study, I have learned many things about myself that I did not know anything about. The course helped me to figure out what could benefit me. I have completed three major milestones throughput the course, all of which I have gained some kind of knowledge about. The first milestone I completed was basically self-assessments reflecting on myself as a person, student, and professional. It also gave me a chance to organize my thoughts about what I wanted to get out of this personal development plan. The second milestone I completed was the SWOT analysis. A SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats (Carlson & Manktelow, 2014). The SWOT analysis helps one to determine more information about...
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...Professionals Mirpur Cantonment, Dhaka ACKNOWLEDGEMENT: By doing this assignment I have come to be acquainted with about the ways to assess an institutions SWOT. It has enhanced my ideas & helped me congregate experiences associated to management that would be, I am sure, extremely helpful for my future in whatever carrier I choose. I want to thank our course instructor, for giving me the opportunity to analysis the SWOT of BUP. Table of Contents |Topic |Page no. | |What is SWOT? |3 | |How to do SWOT Analysis |3 | |Why is SWOT analysis important? |4 | |The SWOT Matrix Model |5 | |About BUP |6 | |The SWOT Analysis of BUP |6-9 | |Conclusion ...
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...The process of career searching can be quite a caseload, which can take up a good amount of time. To be successful in career searching, an individual should have the knowledge of who they are as an individual and how will this information impact ones job search. In order to complete the search properly, an individual must complete a SWOT analysis, which consists of four components: strengths, weaknesses, opportunities, and threats. These four components will help any individual get an understanding of what can impact his/hers job search and how can to fix the problem. A SWOT stands for Strengths, Weaknesses, Opportunities and Threats, and by conducting an analysis of those factors will help job seekers know more about where their talents...
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...SWOT Analysis of Cyniana’s Victor Lamar BUS 210 Foundations of Business Instructor Patrick Queen January 35, 2015 SWOT Analysis of Cyniana’s Starting up a new business is not only costly but it is also something that you must do with an exceptional amount of expertise. Not only do you have to have people around you that have your and your businesses best interest at heart, but you also have to have a plan of action. This plan of action includes knowing your business's strengths so that you can grow, your businesses weakness so that you can avoid them, opportunities that may be available that can make the business better, and any potential threats that can hurt or harm the business as well. All of these are known as the SWOT analysis, it is what will keep your business grounded. My plan is to open by own restaurant/bar. It will be a family style type of restaurant with an open bar as well. I will specialize in serving mainly traditional soul food and offer some soul foods that are not as traditional but still enjoyed. In order for me to be able to operate my business successfully I have to have a well developed SWOT analysis that will consist of the following: Strength The main strengths of any company or business is its support. This can be political support, financial support, and even social support. Within my restaurant business I can have the backing support of a local councilman who brings me more and more customers. I can also strengthened by business...
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...business situation analysis for Louis Vuitton below. Voice of the Customer from Louis Vuitton Shoppers By Sampson Lee on January 29, 2009 If you ask people what they think about the Louis Vuitton shopping experience—and we did—you hear a lot about Service. Below are real comments from people who took a survey we organised with CustomerThink on the Louis Vuitton shopping experience. "No one bothered to greet me other than the security guard at door!" "I guess I did not fit the image - I was not wearing all labels." "Messy store, impolite sales assistants and poor attention to customers." "Long queue, slightly condescending assistant - not the VIP experience it should be." "I don't look like a typical LV customer, so the salespeople were in a hurry to have me out of 'their' store as fast as possible." Figure 1 breaks down the attributes customers like the least about their shopping experience at Louis Vuitton stores. We collected 2,318 valid responses across the globe. And, as you can see, Servicing Attitude was the No. 1 attribute (39 %) respondents like least about the Louis Vuitton shopping experience; the No. 2 attribute had to do with thePrice/Value issue (21 %). . (Source: http://customerthink.com/what_drives_customers_buy_louis_vuitton/) Assume you are a marketer of Louis Vuitton. 1. Perform an analysis to solve the CRM problem mentioned above. Your analysis should include: Identification, define and analysis current business...
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...My SWOT analysis Nomin Amarsaikhan /Mina/ 101183046 Marketing Management Dr. Wan-Tran, Huang 01 October, 2012 Business Administration department, Asia University A SWOT analysis is used to identify the positives and negatives inside the organization (S-W) and outside of it, in the external environment (O-T). The name says it: Strength, Weakness, Opportunity, and Threat. Developing a full awareness of the situation may help us with both strategic planning and decision-making on our organizations. Strengths and weakness, the internal factors, are represented strengths with respect to one objective may be weaknesses for another objective. External factors are the opportunities and threats raised by the external environment to the organization and person itself. However, the criticism on SWOT is over evaluating, but its usage is not confined to profit-seeking organizations and useful for every kind of objectives. Strength I am very confident and assertive in whatever I do. I am very creative. I often impress myself with new creative ideas that improve my knowledge. I have been involved in university and company presentations and workshops, and have been imparting trainings. My communication skills help me stand up and put forward my views in front of a group of people. Having worked in accounting related jobs for 2 years, I have good accounting standard skill and taxation knowledge. Opportunity While working with international mining company, I may have the...
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...SWOT Analysis One of the first steps to starting your own business is to develop a clear and concise business plan. Each person’s business plan is going to be different is some way; however, there are several key points which should be included in the business plan. I will discuss further the following six key points: an executive summary, company background information, market analysis, functional and organizational strategies and resources, management team, and time line and major milestones. The business plan I chose is the financial planning business plan. The first reason I chose this particular business plan is that my ultimate goal, after completing my bachelorette degree, is to open up a financial planning company to assist the less fortunate citizens. The second reason I chose this business plan is that is suitable for the company I plan to open. It lists some of the key points I mentioned in the paragraph above. The second step to starting a business is to put together a SWOT analysis. This is a system that focuses on recognizing the internal strengths and weaknesses of the proposed new venture. SWOT also focuses on evaluating external opportunities and threats that will promote or hinder the success of the new venture. (Jones, 2007). In order to recognize the internal strengths of my company, I have to first begin with developing a management team of strong leaders that have the skills and experience in the field of finance. If my management team is...
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...Title: Creating Premium Select David Clark University Of Phoenix BUS/210 - FOUNDATIONS OF BUSINESS SWOT Analysis Business Plan I have created a business were there is an opportunity for any person from no through little experience. The business would be called Premium Select. In Premium Select we seek out a group of people who are looking for an opportunity to grow. We select individuals who take their work seriously and completing their task in a corporate and professional manner. To build this business, we would need to start different departments so that the company would be able to function and to compete with other companies. The different departments that I would have would be Payroll, Finance, Human Resource, and Accounting. The Payroll department would make sure that each employee of the company would be getting their salary correctly and on time. They would also seek out employee’s attendance, which includes sick, vacation, and personal days. The Finance department would make sure the company would be budgeting correctly and keeping track of all outside bills that would need the company to be more efficient. This includes things such as Internet, Computers, Food, etc. The Human Resource department would seek out other employees and select a group of people that are the right fit for the company to make sure the employee would be a benefit to the company. Human Resources would also look out for the employees to make sure they have policies that need to followed so...
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