...significant strength is the found in the customers he looks to serve. Mike’s will serve four different market segments – the food industry, the computer industry, the retail industry, and an “other” segment to help catch the rest of the customers. Mike Smith’s experience as a 15 year industry veteran will also be a strength to his business. His extensive knowledge will allow him to better understand the industry and what is needed. Weaknesses Any business that is just starting out is going to be at its weakest point. That being said, Mike’s Trucking Service’s main weakness is their focus on the food industry. While the industry is currently stable and therefore favorable, any slowdown in the food production could end up in the business taking a turn for the worst. Luckily, Mike Smith is able to mitigate this risk by branching out and diversifying the business to include other industries as mentioned above. Another weakness of starting a business from scratch is that there is no clientele built up. Mike’s Trucking is having to try to convince people to give them a chance and in an industry as big as trucking, that is not always an easy task. This task is made even...
Words: 759 - Pages: 4
...for Dalman and Lei strengths. The reason I chose team cooperation as their strength because in order to run a successful business and agree with ideas such as expanding the business, Dalman and Lei should have team cooperation so they want feel as if they are alone in deciding or going through with expanding their building. Everyone should be on the same page with no regrets in order to have a successful business. There is not “I” in team. Dalman and Lei needs to stick together in order to expand their business. Dalman and Lei opportunity is expanding their business so they make more money and Dalman and Lei can make more decision of what they want to do if expanding their business become a success. Dalman and Lei weakness are not having enough money to expand their business. In order to expand their business they should be financially stabled and have back up money just in case something goes wrong. Finally, Dalman and Lei threats will be the other business that is in the area where Dalman and Lei want to expand to. Dolaman and Lei should carefully pick their destination on where they want their...
Words: 347 - Pages: 2
...------------------------------------------------- Career Choices and Taxes What do you know about choosing a career? 1. What are your strengths? I like to work with my hands, i work well in teams. 2. What are you weaknesses? I get frustrated easily 3. What are your career goals? Mechanical Engineer 4. How would you describe yourself? Problem solver 5. Describe your ability to work as part of a team. I do what I’m told. 6. Why should we hire you (or accept you into this position)? I know what im doing and I can work well with a team. Change Happens The average job is now only 2.1 years in length. This means that the average worker could have as many as 20 different jobs in his or her working lifetime. Small business is changing the way we think about work. 98.3% of the companies in America have fewer than 100 employees. Discover Your Strengths and Weaknesses How can you know where you ought to be and what you ought to be doing if you don’t know who you are? Speaker and author Marcus Buckingham has identified some common myths that often rob people of having fulfillment and enjoyment in their careers. Myth: AS you grow, you change. Truth: You do not outgrow your personality. Myth: You will learn and grow the most in the areas in which you are weakest. Truth: You grow in your strengths. You will grow the most in the areas that you already know and love the most. Identify Your Motivation and Passion Career coach Dan Miller reminds us that money is...
Words: 677 - Pages: 3
...Jennifer G English 1A Tiffany Higgins September 10, 2014 The Adventures of Johnny Bunko Daniel Pink presents many important lessons in The Adventures Of Johnny Bunko: The Last Career Guide You'll Ever Need, which are secrets to being successful in life. Johnny Bunko is an average guy who is unhappy and unsatisfied with the career he has. Throughout the book, Pink states many good points and talks about being persistent and how people should focus on their strengths, not their weaknesses. Although I agree with Daniel Pink when he makes the point that in order to be successful you need to be persistence; I disagree when he states that people should focus on their strengths not their weaknesses, because in order to be successful you need to first focus on your weaknesses and improve them so you wont keep repeating the same mistake throughout your career. Summary: In The Adventures of Johnny Bunko, Daniel Pink using the character of Diana, argues that in order to have persistence you need to focus on your strengths and not your weaknesses. By all means, throughout the Six Lessons in The Adventures of Johnny Bunko the First Lesson Daniel Pink through the character of Diana mentions that “There is no plan.” Johnny is always tired which makes it hard for him to concentrate, so he struggles to get his work done on time. Johnny goes to lunch with his co workers and explains to them how when he opens the chopsticks “this person” who is Diana appears with magical powers. He then...
Words: 1434 - Pages: 6
...Personal Motivation My main strength is my ability to excel in sports. Since I was a little kid I have played a variety of sports, ranging from soccer, baseball, swimming, and track. I was always one of the best players on my team and it gave me pride to do well for my team. Other strengths that I possess are being organized, being on time, and giving things that I love doing 100%. I’m good at completing a large amount of work in a small margin of time, I’m good at listening to people’s problems, I excel when working in groups, I’m a fast reader, I’m generous when it comes to people in need, and I can put myself in someone else’s shoes. A big weakness I have is procrastination. I often, if not always, will save my tasks for the last minute. This has become a bad habit that I would like to kick, but am just to accustom to it to start trying. Some other weaknesses that burden my life are my inability to publically speak well, not studying subjects that I need to, and my very bad memory. Some smaller, but still annoying weaknesses I have are not having great dribbling skills in soccer, not being able to focus on boring things for long periods of time, not eating healthy (at all), not scheduling appointments when I should, not having enough tolerance for people with radically different views than me, and not being content with the good things that I already have. When analyzing how my strengths and weaknesses compare, I am motivated to not let people down, but have...
Words: 323 - Pages: 2
...Change Management Plan Life in the 21st century is all about change. People face change in some fashion in their personal and professional lives almost on a daily basis. How successful they are in both our personal and professional lives depend a great deal on how easily they can adapt to these changes. Organizations are also susceptible to frequent and oftentimes rapid changes. CrysTel, a telecommunications company, is just such an organization. CrysTel faces both technological and administrative changes regularly due to the telecommunication industry’s rapid and frequent advances. CrysTel employs 2,500 employees and offer products such as data cables, wireless solutions, and network development. (Apollo Group Inc, 2004) Successfully leading and sustaining change within this organization will require a great deal of planning and hard work from all levels of management and leadership. The term “survival of the fittest” (Apollo Group Inc, 2004) is aptly applied to the change process for organizations. Much like in ones personal life, those who are most fit or in this case the most adapt at leading and sustaining change will be the most likely to survive the necessary changes and emerge a stronger more successful organization. CrysTel has taken the first of many important steps required in being able to lead successfully and sustain change within their organization. CrysTel recognized the need for change created by external forces such as the technological advancements of their...
Words: 1263 - Pages: 6
...R Top of Form |Rubric for Writing Assignments and Article Reviews | | |[pic][pic][pic][pic]Good |[pic][pic][pic][pic]Fair |[pic][pic][pic][pic]Poor | | |Organization [pic][pic] |Good |Fair |Poor | | | |Paper is well organized, has a |Paper is organized, has an intro, |Paper is not well organized, has | | | |very clear intro, body and |body and conclusion. The purpose |an unclear or non-existent intro, | | | |conclusion. The purpose of the |of the paper becomes clear within |body and conclusion. The purpose | | | |paper is clear from the very |the paper and the name and author |of the paper is unclear and the | | | |beginning and the name and author |of the article is mentioned within|name and author of the article is | | | |of the article is made clear early|the paper. [pic][pic] |not stated or stated late. | | | |in the paper. [pic][pic] | | | | |Summary [pic][pic] |Good ...
Words: 389 - Pages: 2
...distinguish between strengths and weaknesses, opportunities and threats. Therefore the following guidelines in my opinion are very important in order to be able to do a successful SWOT analysis. These guidelines eliminate most of the above-mentioned SWOT limitations and improve its results significantly: * Factors have to be identified relative to the competitors as this allows you to specify whether the factor is a strength or a weakness. * List between 3 – 5 factors for each category. This prevents creating too short or endless lists. * Factors must be clearly defined and made as specific as possible. * For example, firm’s strength is: strong brand image brand image valued at $10 billion, which is the most valued brand in the market (very good). * Rely on facts not opinions by finding external research analysis information and/or involve people who could provide an unbiased opinion. * Factors should be action orientated. * For example, “slow introduction of new products” is action-orientated weakness. In order to strengthen the SWOT analysis exercise we have to prioritize the identified factors, because without prioritization, some factors might be given too much or too little emphasis and the most relevant factors might simply be overlooked. The aim therefore is to develop a more advanced SWOT in...
Words: 1134 - Pages: 5
...Strategic Plan, Part II: SWOTT Analysis BUS/475 – Integrated Business Topics January 16, 2012 Healthy Place is a therapy store focused upon relaxation as an aid in healthy living. Healthy Place provides a variety of products, tools, and techniques for customers to practice at home relaxation therapy. These products include body and cosmetic services, aroma therapy products, reflexology, perfumes, and candles. The achievement of a healthy balance of mind, spirit, and body is Healthy Place’s focus. Herein, an SWOTT analysis will be conducted and explained, internal/external analysis of Healthy Place in relation to forces and trends which are; Economic, Legal/Regulatory, Technological, Innovation, Strategy, Structure, Resources, and Culture. SWOTT Analysis In order to conduct an SWOTT, Healthy Place needs to answer questions adequately about the company’s strengths; what are the advantages, resources, strengths in the market, and what does the company do better than the competition. The company needs to assess what factors will contribute to a loss in sales and revenue. Once again, this needs to be considered from an internal and external perspective paying close attention to what the customer’s feelings are. Once Healthy Place has established the strengths and weaknesses, the company then needs to figure out where the opportunities for the future of the company are. When assessing the opportunities the company needs to ask the following questions; what are the trend purchasing...
Words: 2333 - Pages: 10
...In the first writing assignment I mention that my weaknesses are communication and taking the leadership in some situation and waiting last minute to turn in assignments by their deadlines. But my strengths are working hard, being organized and I will take any jobs opportunities that I can so that I could get learning how to do the job in the future if needed. I think the best way to overcome with my weakness is to take classes for them and to start taking opportunities in class to talk to classmate and take leadership in projects. The best strategic change for weaknesses is to talk to more people that are around me and to be honest with them in how I feel about things. Also to be more open with people that are around me like family and friends....
Words: 555 - Pages: 3
...A redundancy program announced recently may affect morale among staff, leading to decreased production and loyalty. HSBC’s branding emphasizes its global presence, and this may be seen negatively by some customers in its implication of homogenization and lack of personalization. Along with the strengths, HSBC has got some weaknesses too. The major weakness that is evident to even a lay man 's eye is that they have a very little foot print and hence despite having operations in several countries , it has less exposure to the much larger and potentially profitable market which is there and already being exploited by other Banking Financial organizations , especially in Asian region Decide which weaknesses need to be addressed first. Other weaknesses must be acknowledged and respected until time and resources allow a solution. Some weaknesses can be turned into strengths or opportunities. For example, it might be possible to turn a shortage of production capacity into rareness value for your product. Some weaknesses have a clear solution. For example, financial weakness...
Words: 442 - Pages: 2
...career goals. Rather than wait for industry trends, she has acted to shape the world around her. 2. Deep understanding of consumers and the industry environment. Madonna has developed her strategy through a deep and insightful appreciation of customers and the music industry. Critical to her continuing success has been a deep understanding of the ingredients for sustaining popular appeal. The frequent reinvention of her style and sound has reflected an acute awareness of changing styles, social norms and attitudes in a fast clock-speed industry. 3. Leveraging competences and addressing weaknesses. Madonna has been able to exploit her abilities to develop and project her image and to exploit emerging trends, while protecting areas of weakness. Her weaknesses have been more than compensated for by her use of an extensive network of support personnel, including musicians, technologists, producers, dancers, and designers. Her personal relationships have often been important in building her career. 4. Consistent Implementation. Without consistent implementation, even the best strategies are unlikely to succeed. Madonna has surrounded herself with individuals and organizations that have enabled her to deliver upon her vision. Through her various companies, such as Maverick, she built organizations that allowed effective marshaling of resources and capabilities, and quick responses to changes in the competitive environment. 5. Continuous Renewal A key ingredient of Madonna’s...
Words: 328 - Pages: 2
...Nova Southeastern University Wayne Huizenga Graduate School Of Business & Entrepreneurship Assignment for Course: MGT 5170 Apply Strategy for Managers Submitted to: Ronald Steffel Submitted by: Tiffany Gordon Shameka Moss Jose Tavarez Roiner Ruiz Date of Submission: April 3, 2016 Title of Assignment: Week 4 Linking Questions CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data, ideas of words, whether quoted directly or paraphrased. I also certify that this paper was prepared by me specifically for this course. Student Signature: ____Group C_______________________ ******************************************* Instructor’s Grade on Assignment: Instructor’s Comments: What hard evidence can you cite that indicates your company's strategy is working fairly well (or perhaps not working so well, if your company's performance is lagging that of rival companies)...
Words: 976 - Pages: 4
...qualities I have that I view as a weakness in this profession are common among others I have spoken with in class the last several weeks. I believe we all have chose this major for a reason because we see ourselves as being forward thinkers who have hearts for people rather than things, but I also know that many of us are alike in this things that we battle with. My biggest fear in this profession is not being able to stay earnest and considerate when I am put in a situation of interacting with and aiding someone who has made grave mistakes in their life that have ruthlessly hurt others. I know that this has the possibility of happening, and I would still need to act in a professional manner that addresses the person and not the act in which they have presented themselves. Taking action and learning about how to tackle situations like the one described above is going to assist me while allocating services and genuine support to people who have chosen to discount other humans and their worth, but are now needing my help themselves. Furthermore, choosing to see the good in people when I am not the slightest bit aware that it is true for some people is going to be a major area where I will need to work on loving others regardless of their past and present mistakes, as well as their actions that have brought them to myself. I know that good people can make terrible decisions, but that doesn't make them any less human than myself. Another weakness that I struggle with would be...
Words: 1201 - Pages: 5
...Employee Management Plan Tasha Hughey MGT/311 05/12/2014 Ms. Brown Employee Management Plan Eric is satisfied with his job because he likes that he is able to tell people what to do. Eric he feels he has the chance to do something that makes use of his abilities. Eric is happy with his job right now but his lack of engagement may change that in the future. Eric’s weakest area overall was his engagement. This can become a problem for the company because he may start not caring about his work. He will not be as motivated as other employees. Eric may start missing work a lot, he also is not going to be self -motivated. Eric also has an emotional weakness of feeling ashamed which may carry over to his work. Some other assessments that Eric could benefit from are: What’s the right organizational culture for me? How committed am I to my organization? How power-oriented am I? What’s my job’s motivating potential? Terri is highly satisfied with her job. There wasn’t anything about her job that she was dissatisfied with. Terri is engaged at work as well. Terri’s weaknesses are that her emotions are strong in her decision making. Terri’s deliberate decision making can sometimes be rushed. Her emotional intelligence score shows that she may fit well in a management position and be a good team member. Other assessments that would be beneficial for Terri are: How confident am I in my abilities to succeed? What’s my attitude toward working in groups? What’s my job’s motivating...
Words: 433 - Pages: 2