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Internal Environmental Scan/ - 950 Words
Assignment 2: Internal Environmental Scan/Organizational Assessment This section provides the opportunity to develop your course project. Conducting an internal environmental scan or organizational assessment, provides the ability to put the strategic audit together. In this course so far you have conducted the following steps toward completing the capstone strategic audit: Identified the organization for your report Interviewed key mid-level and senior level managers Created a market position analysis Conducted an external environmental scan in preparation of your final report and presentation Prepared a preliminary strategic audit In this module you will conduct a comprehensive assessment of the internal environment at yourâ⬠¦show more contentâ⬠¦It includes direct examples of relationship to the business strategy. 12 Strategy Clarification: Assess the organizationââ¬â¢s understanding of the business strategy through interviews with mid-level and senior managers. Assess their understanding and agreement of the business unitââ¬â¢s value proposition, market position, and competitive advantage (these are inputs from M5: Assignment 1). Assessment of the organizationââ¬â¢s understanding of business strategy is clear, complete, and grounded in reason. Examples from the interviews with mid-level and senior managers are used to illustrate or expand ideas. Assessment of the understanding and agreement of the business unit is clear, complete, and grounded in reason. 12 Cultural Assessment: Explain the unwritten rules and shared values that govern behaviors in the organization. Do they act as enablers or blockers to the strategy? For example, is there a culture of information sharing and collaboration that enables the organization to respond quickly across structural boundaries to solve problems for customers? On the other hand, do groups not share important information through informal mechanisms, thus slowing response times? Unwritten rules and shared values in the organization are clearly identified and completely explained. How they influence the organization is described, and specific examples are used to support andShow MoreRelatedEnvironmental Scan Paper1535 Words à |à 7 Pagesï » ¿ Environmental Scan Paper Christine Jennings MGT/498 Jacqueline Limonta November 17, 2014 Environmental Scan The concept of environmental scanning is important because of the short term and long term success of a company. This tool helps companies scan, monitor, evaluate, and forecast the internal and external parts of the company. In order to obtain an accurate assessment of the internal and external variables of a company, the business managers would have to use a SWOT analysis to developRead MoreMGT/498 Week Three Individual Environmental Scan Paper1199 Words à |à 5 Pages Environmental Scan Paper Craig Clark University Of Phoenix MGT/498 March 9, 2013 Environmental Scan Paper The environment of any organization consists of internal and external factors. An organization should conduct a scan of its environment in order for it to determine development, and a forecast on the factors that may influence the success of the organization. Scanning the environment refers to the possession and utilization of the information that an organization hasRead MoreEnvironmental Scan1153 Words à |à 5 Pages Environmental Scan Paper MGT/498 Environmental Scan Paper Environmental scans play a crucial role in the strategic planning process by helping organizations take a look at their competitive advantages and identify ways to sustain the advantages. Wheelen and Hunger (2010) describes environmental scanning as ââ¬Å"the monitoring, evaluation, and dissemination of information from external and internal environments to key peopleRead MoreEnvironmental Scan Paper1539 Words à |à 7 PagesEnvironmental Scan Paper MGT/498 July 22, 2015 Environmental Scan Paper The evaluating, monitoring, and disseminating of information from internal and external environments to key people within the corporation is called environmental scanning. (Wheelen and Hunger. 2010) Environmental scanning helps an organization identify relevant factors and use those factors to obtain a competitive advantage within the environment. The author will discuss how an organization creates value and sustainsRead MoreEnvironmental Scan Essay1306 Words à |à 6 PagesEnvironmental Scan Dwayne A. Haynes MGT/498 August 12, 2013 Michael Medoro Environmental Scan Internal and external environmental scanning helps shape strategic management and planning. Companies use business strategies to create value and secure competitive advantages. Measurements verify the companyââ¬â¢s strategic effectiveness. This essay is a brief overview of the internal and external environmental scans, competitive advantage, value, and measurements used at Wells FargoRead MoreEnvironmental Scan Essays952 Words à |à 4 PagesEnvironmental Scan Nanette Guffey MGT/ 498 ââ¬â Strategic Management Richard Haines September 17th, 2012 Environmental scanning is an organizationââ¬â¢s strategic management and is actual important to the corporation. Environmental scanning is getting-together data for the external and the internal of the company.Read MoreAnalysis Of Smokin, Gators Property Management, Inc.871 Words à |à 4 Pagesthat our business can be successful for generations only if we continue a Tradition of Trustâ⬠, Harney, E, 2015. Environmental Scan The environmental scan of the industry is based on the internal and external sections of the environment. The internal is what a business has influence over and controls that section of the environment. The external part is the opposite of the internal. The business does not have the influence over the section of that environment, nor does it have the ability to controlRead MoreEnvironmental Scan Paper1148 Words à |à 5 Pagesï » ¿ Environmental Scan Paper Shalunda Lester MGT 498 May 2, 2015 Jerome Dausman Environmental Scan Paper Introduction The monitoring, evaluating, and disseminating of information from the external and internal environments is known as environmental scanning. This information goes to key people within the corporation to identify strategic factors and help determine the future of the corporation (Wheelen Hunger). SWOT analysis is the simplest way to conduct environmental scanning. TheRead MoreA Strategic Pl Vision And Mission Statements Essay1366 Words à |à 6 Pagesoverall impact a strategic plan can have on a library, it is important to appreciate the various elements which go into making a cohesive plan. In this paper I will look at several elements of a strategic plan: vision and mission statements, environmental scanning, assessments, and discuss how they connect to each other to form a greater whole. When creating a strategic plan, a first step is the creation of a vision of the future for the library. A vision statement will focus on the positiveRead MoreKudler Fine Foods Strategic Plan1695 Words à |à 7 Pagesforecasted Income statement and Balance sheet. The forecasted financials of the company pondered that its net revenues is showing tremendous growth. While analyzing this company, the environmental scan was necessarily researched to better realize the current critical situation of the company. This scanning shows internal (strength Weakness) and external environment (Opportunities threats), which reflects that despite of the number of threats faced by the company, Kudler efficiently asserts a
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