Question

What are three actions to take to address weaknesses in strategic planning?

Answer 1

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Outdated technology: Even a small or large company either a hospital or health care companies depends on advanced technologies.So any outdated technology or inadequate knowledge of technology would result in loss.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.