In essence, expansion is primarily concerned with increasing revenue of the organisation. This can be achieved through increased market share as a result of increased geographical operations so as to cover as many…
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Basically, the acronym SWOT stands for strengths (S), weaknesses (W) which are internal factors while on the other hand the external environmental factors are regarded as either opportunities (O) or threats (T). SWOT analysis is based on the assumption that an effective strategy derives from a good fit between an organisation’s resource capabilities and its external situation (Thompson & Strickland 2001 as cited in Rossouw & Kruger 2003:17). In this case, a good fit will mean that the weaknesses of an organisation and the threats of the environment are minimised while the organisation makes the best of the strengths within it and the opportunities in the environment.
The major strength for Etihad Airways is that it has skilled employees who come from diverse cultural backgrounds. It is imperative that the organisation should harness on this strength since it is concerned with expanding its operations to different geographical locations. Employees with a diverse cultural background can positively respond to the needs and interests of those who also hail from different parts of the globe where they also have their own cultural values. The other strength is that Etihad has got an already established market especially in the United Arab Emirates and this gives it a competitive advantage in that it only seeks to strengthen its operations from an already established market. Penetrating new markets will not be that challenging given that this is an established entity in the airline industry.
However, noble as the idea of expansion may sound, the main weakness confronting Etihad Airways is that it often does not have enough working capital to meet its requirements. In order to avoid the competitors to gain an advantage, Etihad ought to improve on creating enough capital in order to sustain its initiative to expand its operations. New planes would need to be bought so as to effectively increase route utility which is
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WRSX REPORT. Internal Analysis as a part of strategic planning process of WRSX Strategic planning is a part of every organization that is developed by strategic managers of a company. It shows the way ahead for a company and gives a picture of the position of the company four to five years from now.
Strategic Planning Process in Public Administration.
What are some of the complications, issues, or barriers in strategic planning process in public administration?
Holzer and Schwester (2011) provide an introductory framework into the field of public administration through literature reviews.
the Information Technology and Communications [ITC] sector. The reason for this scenario is not far-fetched - most industries are information technology driven, hence the high demand for graduates in this field. There is a scramble for IT oriented graduates in the IT labour market, to the extent that demand outstrips supply.
The following discussions also attempts to bring to fore parental care to be essential, as it is a wonderful privilege for their development as well, during the period of their children's adolescent years.Adolescence is commonly perceived as that stage of physiological, mental, and emotional development between childhood and adulthood.
One of the most effective one is based on the assessment of the strengths and weaknesses of the business and to identify the opportunities and challenges. The SWOC framework therefore is the key to understanding the
The explanation that can be provided to the stakeholders in the wake of initiating and agreeing on this strategic planning process comprise of the measures which shall enact ways and means through which
The question now becomes what constitutes a prudent strategic planning process? With the aid of five literal sources, this paper will endeavor to explicate on this issue. There are five key vital elements that a strategic
The paper documents instances that demonstrate Principal Jones’ knowledge and understanding of information sources, data collection, and strategies for program development. The paper closes with opportunities that Principal
The author of the text emphasizes that the role of marketing in effective implementation of the strategic planning process is determined by how different types of marketing organizations, programs, and policies work better under different strategies. Notably, successful marketing strategies should be able to focus more on the end profit that can be acquired.
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