Strategic Planning: SWOT Analysis and Goals

Strategic Planning: SWOT Analysis and Goals 

Strategic Planning: SWOT Analysis and Goals

ldr620 Week 4 assignment

Strategic Planning: SWOT Analysis and Goals

Strategic planning within organizations provides numerous benefits to the organization, including meeting goals specified in the plan and contributing to an organization’s long-term success. Exhibit 8.3: The Strategic Management Process, found in Chapter 8 of the Management textbook, is a good place to start.

Choose either your own organization or one you know enough about to complete a series of assignments related to strategic planning for a proposal you want to implement for this assignment. The following assignments will use the same organization:

Strategic Planning: Strategy Map (Topic 4)

Strategic Planning: Action Plan (Topic 5)

Strategic Planning: Communication Plan
(Topic 7)

Strategic Planning: Evaluation (Topic 8)

Strategic Planning: Presentation (Topic 8)

Once you have selected the organization,
identify a strategic goal through preforming a SWOT analysis within your sphere
of influence. For example, if you are not currently in a management or leadership
position, it is acceptable to focus on a more focused area of your organization
you are currently in a position to impact. If you are a classroom teacher,
perhaps you see opportunities for improving access to technology in your
district. If you are a nurse, perhaps you see opportunities to improve
communication processes in your department, etc.

A SWOT analysis is part of strategy
formulation that leads to goal setting and then progresses to the development
of a strategic plan. Be sure to follow the criteria for effective goals as
illustrated to Exhibit 7.5, located in Chapter 7 of the Management textbook.

Complete a SWOT analysis using the
“SWOT Analysis” template. Consider the following guiding questions as
you complete the SWOT Analysis:

What are the recognized strengths of your
identified area?

What does your identified area do better
than other companies?

What unique capabilities or resources does
you identified area possess?

What do other companies consider to be your
strength?

What are the recognized weaknesses of your
identified area?

What do competitors do better than your
identified area?

What areas can be improved at your current
position?

What do other companies consider to be your
weakness?

What trends or conditions impact the
company in a positive way?

What opportunities exist for the identified
area?

What trends or conditions impact the
identified area in a negative way?

What is the competition doing that may have
an impact on your identified area?

Does your identified area have solid financial
support?

What impact does your weakness have on the
threats your identified area faces?

These questions are samples of what you may
need to address in your SWOT Analysis. Using the SWOT analysis results, develop
at least one strategic goal. Submit both the completed SWOT analysis document
and the strategic goal.

APA format is not required, but solid
academic writing is expected.

This assignment uses a rubric. Please
review the rubric prior to beginning the assignment to become familiar with the
expectations for successful completion.

You are required to submit this assignment
to Turnitin. Please refer to the directions in the Student Success Center.