SWOT Analysis Strengths, ascension worldwide has many strengths. The greatest strength that this company has is it staff. The CEO and founder is a certified social plus emotional intelligence coach, a certified Keirsey temperament professional. He has published three personal development books and an audio program. He is a national speaker and has been featured on national radio shows, local television shows and international radio shows. The CEO also works on developing personal goals that stretch him to achieve higher levels of success every year. He is working on completing his bachelor’s degree that will take his business higher. Another strength would be one of the speaker and trainer associates in the organization. This young lady owns two franchises and has received a Master’s degree in marketing. In addition, to the staff Ascension Worldwide, utilizing employees on an as needed basis which cuts down on overhead. This means ascension worldwide can hire individuals from across the country and even around the world to partner with and hire to deliver services on different types of content. Many companies have staff that suck up valuable resources. Another strategies …show more content…
One weakness is that the CEO does not have his bachelor’s degree. The company also lacks capital to expand into other parts of the United States as well as international. Ascension Worldwide also lacks strategic partnership necessary to move into the international space at this point. The CEO and his associates need advance certifications in organizational development in order to be effective coaches and trainers. This company also needs a good mentor in order to take it to the next level. They should hire a coach and a marketing company so that they can grow to their fullest potential. “Strengths and weaknesses are the "internal" aspects of the traditional SWOT analysis.” (Abraham, S. C., 2012, p.
The primary problem would be the structure of the organization. This due to the fact that there are thirteen departments in total: finance and accounting, human resource management, marketing, men’s clothes, women’s clothes, shoes, hardware and automotive, music including audio and video equipment, toys, home and garden, small and large appliances, sports equipment, and furniture.
It also lacks the emphasis necessary to reach business goals and to develop strategies that will move the company onward. Having no objective weakened the possibilities of long term growth and risked achievement in the business. It put at threat funds for future projects that needed them especially since there business kept growing, not with the intent that they had at the beginning which was to help Latina women fighting domestic violence but to expand to every women going thru the same
Moreover, the company has placed great significance on open and honest communications with the employees on many levels. Even more, leadership expected a plan that would utilize all human assets in a way that would support the organization’s attitude in servicing customers and employees. As such, they found it important to centralize the staffing initiative in order to maintain the unique corporate culture created in the beginning. Every one of these strategies would be focused on centralizing staffing, brining in the best possible employees, and retaining each on a high
The process of management consists of four major elements that are interrelated. Leading, controlling, planning, and organizing are considered these four elements (Hill & Jones, 2011). Using each of these elements, the strengths or weaknesses of the company will be evident. A strength of an organization refers to potential competitive advantage or the distinctive competency that is inherent to an organization. This is in regards to organizational operations. A Weakness of an organization refers to any aspect of the company that needs to be improved upon (Hill & Jones, 2010).
Strengths: low price, strong brand name, excellent merchandise, exceptional employees, huge membership base, economies of scale, efficient distribution and operation.
...standing the contemporary point of view. In a sense, although the principle of focusing skills, leadership and followers of the evidence, and demonstrate aspects of emotional intelligence, it is clear that the development - for example, requirements, need to take transformational leadership, and service-oriented system, the establishment of ideological and philosophy. These traditional skills, the work of the organization's practices and good, but should be complementary perspective on the current organization may not be enough.
General Motors is knocking on the door to world class business performance. Ohmae’s five stages of global operation support General Motors aspirations. From stage one to stage five there are significant differences to becoming a global organization. For instance, stage one, states that a company supports arm’s length customer export activity by a domestic company that links up with local and distributors to function. This stage represents the entry level global corporation. General Motors is at stage 4 of Ohmae’s five stages of becoming a global corporation, because it has exemplified the following traits: Systems and tools used globally not just at headquarters, R&D, Engineering and other business operations have a global focus, and all support functions are applied globally. (MFGO 601, WK. #2 Lecture Notes) An example of Ohmae’s, stage ...
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Outsiders wondered how each company’s internal changes would affect their endless competitive battle in the industry. The case illustrates how global competitiveness depends on the organizational capability, the difficulty of overcoming deeply rooted administrative heritage, and the limitations of both classic multinational and global models.
(2014) is “the way in which leaders interact, make decisions, and influence others in the organization” (p 237). The culture needs to foster cooperation from all areas of an organization, while providing the ability for adaptation and growth. Not all organizations culture will be the same, there is not a correct one that can blanket all organizations to cozy success. (3) Talent Systems. Human capital drives all organizations, the right people need to be in the right jobs with the correct opportunities for growth and advancement. There must be a constant search for strategic thinkers and leaders able to step up with called upon. The authors mention “Talent Sustainability” (p. 248), there must be enough qualified employees ready to move up so the organization will not stall while searching for others to replace others due to attrition, or other opportunists. (4) Organizational Design, must take a number of variables into account while providing structure to an organization. Hughes et al. (2014) state “the design of the organization is a trade-off between options, each with advantages and disadvantages” (p 253). The correct design can help clear the hierarchy of an organization and the proper channels for
To achieve my vision, I must utilize my strengths effectively, not to let one overshadow another. The first strength I possess is that I am a natural-born leader; I am confident in my ideas and I aim to inspire others to always achieve personal excellence. My position as a General Consultant with the Commerce Undergraduate Society has inspired me to strive for a leadership position within the club, such as vice president of one of our portfolios. The next strength I possess that will help me to achieve
As the organization grows in this stage, the entrepreneurs must learn how to manage the organization. It is at this point that a crisis of leadership emerges. In the beginning, the organizational is so busy getting started and developing new products and markets that they fail to understand the importance of managing the organizational resources. The crisis can be averted, and growth can continue to stage two, if the organization can learn the skills necessary to manage the organization.
3. The contributing factors to their ineffectiveness were poor planning and leadership. The company grew to quickly. In their desire to grow and expand, the company’s senior management did not establish and follow ethical practices that would sustain the company. Controls were not established in key places, such as, accounting practices and principles. Senior management failed to appropriately manage the activities of lower level managers and set a bad example.
...eople constitute a rich untapped potential. The company seeks to harness this core’s energy in their change agenda of competing with the world’s best thereby achieving the impossible
The pair describe “self-awareness” as a good starting point. They highlight the Strengths Finder assessment as a tool to become aware of ones best assets. This will be a huge help to anyone in the leadership role in all walks of life.