SWOT Analysis CanGo is made up of multiple internal and external factors that are both favorable and unfavorable to the company’s future plans and success. A SWOT analysis helps to breaks these areas down to fully understand their impacts on the organization. CanGo does have unfavorable factors including internal weaknesses, and external threats. Weaknesses that have been identified include an unorganized management team. Low customer satisfaction is another internal weakness that is crucial to the success of CanGo.
The author asserts changing the mindset is important because businesses often operate under the guise of fear; meaning the fear of losing a job, fear of not meeting a deadline, or fear of delivering substandard work. Therefore, by becoming a culture built on positivity, an open and creative environment is fostered (Millan, 2012). Another method for embodying emotional intelligence is to become an expert in building relationships (Millan, 2012). To improve relationships, individuals must recognize the cycle of relationship patterns and dynamics. This recognition will assist individuals in building workplace unification, decrease the struggles for authority, and to resolve conflict (Millan, 2012).
In these situations we will need to think about who else may benefit and why this is important. A new procedure may take you longer; however, it could allow a better service to be given to our internal/external customers, which could result in better working relationships and/or customer loyalty. Responding negatively to a change will influence those around us creating a difficult environment to work in. A positive approach encourages a good working environment and good teamwork. b) Explain why you should respond positively to changes in products or services.
This can make expanding and growing very difficult and decisions must be mad wisely. When it comes to their products that are purchased around the world to ensure high quality, expanding may affect that quality, making it hard to supply a specialty product. Going public through an IPO, may change the very decision made that make their company special, or it may enhance their products by providing more resources. Acquiring another company in the same industry to help their company grow could cause increased financial stability or increase their financial burden. Kudler can merge with another organization in hope to expand while implementing their mission and values on that organization or that organization may hurt their reputation.
Without prior market penetration of an organization’s competetitors, the usefulness and effectiveness of properly marketing a new product or service can be quite burdensome. This is due to the fact that an organization runs a major risk of constantly striving to maintain its customer base, as the new type of product or service has not yet been introduced into the maintstream. Additionally, pricing may be an issue based upon: Should pricing be very low to attract new buyers?, or Should pricing be set high to offset initial entry into a new marketplace? These are the questions that an organization must face, but for the most part, being a
The internal factors contributing to an individual’s resistance to change is that they may feel out of their comfort zone, not seeing a need for change, fear change, and fear of failure. (Kiander, 2012) An individual may feel out of their comfort zone when it comes to change. They may be accustomed to certain things and change may be hard for them. I myself know it’s hard to change when you don’t see the need for change, you can’t or don’t want to understand the change and that is what makes it hard to adjust. Some fear change because they may feel uncomfortable and/or fear failure.
Reactive change occurs due to outside pressures on the business these may include a perceived threat to the company or a new opportunity arises out of the blue. Proactive change is when the business actively seeks to modify its practises or work place environment. Proactive change is normally more controllably because the business has been able to plan it. Reactive change can be a bit more chaotic until the business has been able to adapt to the external force. Internal forces can be the business getting new equipment or a restructuring of personal and external forces are changes in one or more
These three risks tend to flow together. If defects are not found and corrected, it reflects upon the company and the product. Customers will lose faith in the product and the company. The negative effect for the company is a bad reputation, loss of sales, and eventually would have to close. It is important for the company to show good faith by taking the corrective action to correct the defects and make it right for the
It is the relationship between organizational culture and ethics that can get businesses into significant trouble in the long term. An organizational culture that supports uncertain decisions and unethical behavior will need to change its culture. When changing business, organization culture is problematic, but
It may be a combination of arrogance and ignorance that enables them to simply drive the company blindly. How do they keep from failing? It may be that they need to think out of the box. Generate new ideas and programs as well as have a realistic view at what they may be up against and how they may achieve their goal in a timely manner (Siegal,Stearn, pg.