Asm Swot Analysis

Improved Essays
Hello Team,

ASM is on autopilot and has been for some time. It is our job to change that way of thinking and the actions that follow. We must be intentional about ASM’s path to its desired destination. Plotting the course beforehand is a sure way to deliver a positive result.

I find it interesting that many companies do not have a planned strategy. Some operate fine without one and others, not so much. I am not so sure why companies overlook this important planning tool. ASM has not had a Strategic Plan for the past two years. And some years before that. It is very strange considering that we plan our lives. We should adapt that thinking to the business in which we have invested our time and efforts. Having a Strategic Plan helps to lead a
…show more content…
The strategy is where ASM’s future lies. Culture is the structure (people, processes, attitudes, ideas, etc.) of ASM. Typically, business culture takes on the structure of its owner.

The meeting topics will guide us through discussions that will result in the following:

• Internal and external analyses are necessary. SWOT analysis.
• Balanced Scorecard (in other words, our evaluation tool) to develop goals that address internal and external forces.
 Financial metrics, internal process metrics and human capital are internal forces.
 Customer satisfaction in value is an external Force.
• Market Focused Approach. The only way an organization can grow is to satisfy its customers better than its competition. Adding value.

We are pulling the Strategic Planning Process out of the normal work schedule so that it is considered an important aspect of business success and does not interfere with our day-to-day tasks. We must give this matter our full, undivided attention. It is our greatest attempt to change the thinking and culture in this company toward meeting our goals.

The following will be on the agenda for our discussion:

• Planning growth (what type of growth do we

Related Documents

  • Great Essays

    Questions 3: Choosing to engage in strategic planning Various internal or external influences may influence an executive director at a drug addiction treatment center to engage in strategic planning. For instance, some internal influence may be that the agency is facing economic woes, whether it is inadequate budgeting or reduction in clients, and will need to reevaluate its budget or operations. Alternatively, if the agency’s budget is exceeding expectations then the agency may have new opportunities to provide more services to a specific population or to multiple populations. The new services could be providing co-occurring mental health treatment or providing distinct mental health and substance abuse treatment. Also, there may be a high…

    • 1176 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    In the past there was much success, but under new management the company slowly began to see failures occurring. Creating a sense of urgency galvanizes the team to action and creates the support of the overall organization for the evolutionary or radical changes that need to occur. The case stated there is no corporate strategy and no sense of direction. Mentioning these two factors means the organization needs to develop a mission and vision. Once they are in place and the goals have been defined, CMC can move forward with its planning process.…

    • 723 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    The Works Swot Analysis

    • 328 Words
    • 2 Pages

    The Works- A Leading Shopping Hub About Us The Works is one of the leading online shopping destinations in the UK. The Company offers wide range of books, toys and other stationary items at discount prices. The Company was founded in 1981 and since then it has gained a huge experience and respect in this industry. The Company is known for selling more than and one million of its products every week to consumers , who are looking for a bargain.…

    • 328 Words
    • 2 Pages
    Decent Essays
  • Decent Essays

    Culver academies offers many different opportunities that my current school system does not. Not only do they have better academics and different cultures, but they also focus on unique sports such as fencing. Fencing is a major reason I would like to attend culver academies, because my school does not offer my sport. I would also like to attend culver academies to better my future. Because of Culver's unique school set up, colleges tend to pay more attention to these particular…

    • 82 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Ap Swot Analysis

    • 85 Words
    • 1 Pages

    Strengths: Matt greets the client politely. He is sure to verify the best contact info for the client and set the proper turnaround expectations for the client. Inch: Empathy- Throughout the chat, Matt, missed the opportunity to empathize with the client by putting himself in the client's shoes and showing care for his concerns. We empathize also in the attempt to build trust with the client.…

    • 85 Words
    • 1 Pages
    Decent Essays
  • Improved Essays

    I am a jack of all traits, and many of my traits include, my open-mindedness, compassion towards others, and my natural ability to lead others. Another trait is my humor as I always use it in an appropriate manner and am able to express it in a way that can be educational. My work ethic is my strongest trait, as I work hard in everything I do. Whether it is school, soccer, or a job I give my full self to every task that could be thrown my way. That also reflects in my papers as well.…

    • 545 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    The balanced score card was developed by Dr. Robert Kaplan and David Norton. It is stated that the balanced scorecard is a strategic planning and management system that is used extensively in business and industry, government, and nonprofit organizations worldwide to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor organization. Below is a chart that tells you what it should look like. When examining Wells Fargo this is how I would use the balance score card starting with the four perspectives: At Wells Fargo the basic question the Customer Perspective: How do we appear to our customers? Customers are the main reason of the existence of every organization.…

    • 807 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Change Management Model

    • 1198 Words
    • 5 Pages

    The strategic plan provides the foundation upon which the mid and lower level managers coordinate tactical and operational planning and align adaptation to the change process. Changes in delivery of goods and services may adversely impact employee performance and coping abilities, therefore, an internal resistance mechanism is activated when the communication lines connecting line workers to higher level management are broken. Subordinates will adamantly resist change in the face of certain losses, uncertain future benefits or perceived personal…

    • 1198 Words
    • 5 Pages
    Great Essays
  • Great Essays

    Strategic planning in its colloquial form is deciding where you want to be and how you are going to get there. In an organization with global reach, and the previously mentioned frantic frequency of change, this is a critical skill. As new government regulations are brought up and disruptive technologies, such as new VoIP platforms, are introduced the ability to plan strategically ensures the company is properly situated to face these challenges. Failure to be first in this industry leads to lost market share at best and being completely left out of new segments at…

    • 1967 Words
    • 8 Pages
    Great Essays
  • Great Essays

    Name: Jack Sheehan Student Number: 114564277 Lecturer: Bernadette Power Module Code: EC2017 Date Due: 30th of July 2015 Word Count: 1,040 A business strategy is hugely important in determining the strategic position of a firm.…

    • 1040 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    The Strategic Compass process is a viable alternative to strategic planning. The Strategic Compass method ask a series of questions generating a two-fold advantage over focusing on maximizing success and using actionable steps to devise a solid plan. Of these self-reflections based inquires the first question is most useful, helping institutions focus in on their own strengths considering, “What do we do best?” (Buller, 2015, p.122).…

    • 948 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Trategic Thinking

    • 1695 Words
    • 7 Pages

    Strategic planning embarks on the board members to think strategic…

    • 1695 Words
    • 7 Pages
    Great Essays
  • Improved Essays

    A strategic plan is generally short lived and straightforward and consists of goals for the leader and the organization to accomplish. Once a strategic plan goal has been achieved, the plan is updated and replaced with new goals. Conversely, a leader’s legacy makes a difference in the lives of others and remains evident even after the leader is gone from the organization. It is a lifelong journey and a standard of excellence for others to model (De Pree, 1997). Leaders decide what they want their lasting legacy to be.…

    • 725 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Strategic planning has been used as a tool for transforming and revitalizing organizations. Recently, the skepticism about planning has been rising due to political and economic uncertain and pace of technological and social change has accelerated. (Mittenthal, Ten Key to Successful Strategic planning for nonprofit and foundation leaders, 2012) The process can evidence pointless and frustrating situations when it does not reflect clear, realistic goals, define explicit action and elicit views of stakeholder groups. A successful strategic planning process will make informed projections about environmental realities to aid an organization anticipate and respond to change through its mission and goals.…

    • 776 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    1. Discuss the accuracy of this statement: Formal strategic planning systems are irrelevant for firms competing in high-technology industries where the pace of change is so rapid that plans are routinely made obsolete by unforeseen events. Formal strategic planning systems are not the best when competing in high-technology industries where the pace of change is so rapid that plans are routinely made obsolete by unforeseen events. Strategy is important in any business for the benefit of success. What is formal strategic planning?…

    • 1170 Words
    • 5 Pages
    Improved Essays