Question
In: Nursing
What are three actions to take to address weaknesses in strategic planning?
What are three actions to take to address weaknesses in strategic planning?
Solutions
Expert Solution
Strategic planning weakness can be analysed by SWOT Analysis.SWOT stands for
S - Strengths
W - Weaknesses
O - Opportunities
T - Threats
Strategic planning techniques helps to know the strength, weakness, opportunities and threats of a particular business.The weakness of strategic planning are
Unmotivated employees : Employees are the basic assets of every organization.So they must always be rewarded and motivated for the company betterment.Demotivated or unmotivated employees will never give proper results.
Outdated technology: Even a small or large company either a hospital or health care companies depends on advanced technologies.So any outdated technology or inadequate knowledge of technology would result in loss.
Other Strong competitors : A basic company should be strong in over all aspects to beat a strong competitor in the market.
Thus above areas where there should be a better strategic planning.
Nightingale answered 2 years agoRelated Solutions
What are some strengths and weaknesses in strategic planning?
What are the three major steps to strategic framework planning?
What strategic actions could Mr. Woodman take to reestablish GoPro’s financial and market performance?
What is strategic planning? Is strategic planning an effective or ineffective tool for organizations? What are...
Compare and contrast strategic planning and strategic management. Discuss what you think are the three most...
SWOT analysis is a strategic planning technique for analyzing strengths, weaknesses, opportunities and threats faced by...
1.) What is strategic planning? Is strategic planning an effective or ineffective tool for organizations? What...
what is corporate planning?what is strategic planningwhat is tactical planning?
what three actions can a firm take to minimize its net working capital?
Outline the steps you would take to initiate a strategic planning process for improving the ED...
- ***Convert the C++ to Python*** #include <iostream> using std::cout; using std::cin; using std::endl; int charClass; char...
- Make-or-Buy Decision Fremont Computer Company has been purchasing carrying cases for its portable computers at a...
- The following costs were incurred for the single product produced during the first year of operations...
- Non-constant growth model: Do=$2.00 required return on equity= 5% g= 9% n=1,2 g=7% n=3,4 g=3% n=5...
- . Find all x ∈ Z143 such that x2Ξ 7 (mod 143). Please explain all steps...
- #Python: A palindrome is a sequence of characters that reads the same backwards as forwards. For...
- Explain an example in which a variable has two different addresses at different places in a...