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For this activity you will be choosing one of the theories of management that you found and writing a 2 to 3 paragraph initial post that explains how you plan to use that theory of management in developing the new process for your chosen organization.
Things to Consider:
- What are the benefits of using the selected management theory in the development of a process? What are the downsides to this particular theory?
- Provide examples of other leaders successfully implementing the management theory.
- Post a 2 to 4 paragraph discussion post (300 words minimum). Justify your explanations by including in-text citations and references in APA format as applicable.
- Be sure to review your writing for grammar and spelling.
References:
OER Commons. (n.d.).
Start, grow, and managing your business
. Retrieved from http://www.oercommons.org/courses/managing-your-business/view
- Reveley-Mahan, N. (2012). SWOT analysis. Retrieved March 15, 2015 from the Knowledge Sharing Toolkit Wiki: http://www.kstoolkit.org/SWOT+Analysis
- Moon, C. J., & Woolliams, P. (2000). Managing cross cultural business ethics. Journal of Business Ethics, 27(1/2), 105-115.
1/17/18, 7’20 PMManaging Your Business | OER Commons
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1/17/18, 7’19 PMManaging Cross Cultural Business Ethics.: EBSCOhost
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Managing Cross Cultural
Business Ethics.
https://web-a-ebscohost-com.vlib.excelsior.edu/ehost/pdfviewer/pdfviewer?vid=2&sid=4e077555-625b-4ca8-bc52-ecf5f2864a26%40sessionmgr4007#
https://web-a-ebscohost-com.vlib.excelsior.edu/ehost/pdfviewer/pdfviewer?vid=2&sid=4e077555-625b-4ca8-bc52-ecf5f2864a26%40sessionmgr4007#
1/17/18, 7
‘
20 PMKnowledge Sharing Tools and Methods Toolkit – SWOT Analysis
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SWOT Analysis
Brief Description
SWOT is an acronym for Strengths, Weaknesses,
Opportunities and Threats.
Strengths and Weaknesses are internal factors, while
Opportunities and Threats are external factors that can
have an effect on you, your organizational unit and or your
projects.
History
While it is not known exactly who developed the first
SWOT analysis it is believed that many different
professors in the East coast of the USA are responsible
for developing the way that we look at it now.
When to use
SWOT Analysis is a simple but useful framework for
analyzing the Strengths, Weaknesses, Opportunities and
Threats that you face in your organization especially when
about to start a new project, engage in a restructuring,
undergo a mid term evaluation, etc. It can also be used in project planning and eventually evaluation of its activities at various intervals. This plan
can help you focus on main strengths and leverage them to pursue key opportunities and to avoid threats . The team can also become aware of its
weaknesses which might need to be overcome in order to take the greatest possible advantage of potential opportunities available to you.
How to use
The SWOT chart to the right is a useful tool for everyone including team members and managers. When developing your personal SWOT chart
look and think in-depth about how each area effects your department and even you personally. Share the chart with colleagues in order to get
feedback and different suggestions until the chart is full with thoughts. This will then enable you to refine it and, ultimately, implement it into your
organization and/or project.
When developing your own personal SWOT chart, ask several interrogative questions similar to the examples provided below for each of the four
areas of a SWOT.
Strengths:
How can I leverage them to benefit my goals?
What are my/ our advantages?
What do we/ I do better than others?
What makes me/ my organization/ department unique?
What makes our project unique?
What low-cost resources can be utilized?
Are there any people that bring strengths?
Weaknesses:
How can I minimize or eliminate the potential for these to harm me?
What could be improved?
What could be avoided slightly and altogether?
What factors are seen as weaknesses in your area?
What necessary expertise/ skills do we currently lack?
Opportunities:
What could be utilized better while aiming to eliminate current weaknesses and/ or threats?
Where are the good opportunities and what are they?
Are there currently any trends in your field that we can build on or include?
Are there any potential opportunities you know of but are unable to capitalize on due to lack of resources? How could you overcome them
and use them to your advantage?
Potential opportunities can come from many things, such as:
Changes in technology
Adjustments in local or governmental policies
Alterations in social patterns, population profiles, lifestyle changes, etc.
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1/17/18, 7’20 PMKnowledge Sharing Tools and Methods Toolkit – SWOT Analysis
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Local growth and development.
Threats:
Evaluate prospective threats and identify potential solutions as well as your ability to overcome them.
What obstacles are evident on a daily basis? On a yearly basis?
What are other organizations working in your field doing?
Are any specific areas in your field changing? Will this changes affect us in any way? Or could possibly be changing in the future? Will new
developments in technology seriously affect the current plan?
Could any of your weaknesses harm or completely incapacitate your abilities?
SWOT Analysis: How to perform one for your organizat…
Tips and Lessons Learnt
Group work is positive; it can bring more and new ideas to the table that you may not have thought of one your own.
Try a brain storming session in order to bring together and formulate multiple ideas and refinement of these ideas thought discussions.
Breakdown points into smaller, more realistic and achievable results.
Make sure your SWOT is definable, measurable, and clear.
There are limitations in SWOT, it will not fix anything unless you aim to actually apply and utilize what you have defined.
When developing your SWOT in groups, it can be beneficial to designate a facilitator that will keep the group on track during the process.
Remember that the first stage is a great way to get a large range of different backgrounds and perspectives that can be then narrowed
down.
Group similar suggestions together.
SWOT’s can be fun but you must define likely scenarios as well as your strategic plan in order to capitalize on the results.
Examples & Stories
(add your story)
Who can tell me more?
Nohea Reveley-Mahan (nohea.reveleymahan [at] fao.org)
Related Methods / Tools / Practices
The Six Forces Model is a market opportunities analysis model.
Developed as an extension on [[http: www.ask.com/wiki/Michael_Porter?qsrc=3044|Porter’s]] [[http: www.ask.com/wiki/Porter_5_forces_analysis?
qsrc=3044|Five Forces Model]].
The six forces are identified as:
Competition
New entrants
End users/Buyers
Suppliers
Substitutes
Complementary products/ The government/ The public
STEER looks at :
Socio-cultural
Technological
Economic
Ecological
https://www.youtube.com/watch?v=GNXYI10Po6A
http://www.kstoolkit.org/Brainstorming
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A great way to collaborate with your team on a SWOT Analysis
is to utilize a tool like http://www.swotanalysis.com/
(http://www.swotanalysis.com/)
SWOT & Online Collaboration
SWOTanalysis.com
(http://www.wikispaces.com/user/view/SWOTanalysis.com) Oct 27, 2016
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Resources
SDC Learning&Networking: http://www.sdc-learningandnetworking.ch/en/Home/SDC_KM_Tools/SWOT
http://www.fao.org/elearning/#/elc/en/course/EXCAP
Tags
Development, SWOT, Change, Project, evaluation, problem solving, strategic planning,method, analysis
Photo or image credits
http: www.freshthinkingbusiness.com/swot-analysis.html
Page Authors
Nohea Reveley-Mahan (nohea.reveleymahan[at] fao.org)
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