Preparing For A Strengths, Weaknesses, Opportunities, And Threats Analysis – Term Paper Example
SWOT Analysis Preparing for a Strengths, Weaknesses, Opportunities, and Threats Analysis According to Ghazinoory, Abdi and Azadegan-Mehr (2011, p. 24), SWOT analysis "Is the process of exploring the internal and external environments of an organization and extracting convenient strategies based on its strengths, weaknesses, opportunities and threats". As reiterated in the Laureate Education (2013f) by Dr. Carol Huston, my plan will involve scrutinizing both the internal and external environments. In scrutinizing the strengths, I will explore factors that would facilitate change to address the unmet need such as available resources, level of skills, and whether organizational structure will accommodate the change. In terms of the weaknesses, I will explore issues that will directly derail the change process. For instance, I will explore whether available resources are adequate and the kind of relationship between the organization and stakeholders. In regards to opportunities, I will analyze factors that could potentially facilitate and expedite the anticipated change. For instance, I will investigate whether nurses joining the profession have an opportunity for growth and whether their needs will be catered for within the organization. In terms of threats, I will scrutinize factors that could potentially disrupt or impede the change process such as whether the new nurses are accommodative and resources available to support the change process.
Data to conduct the SWOT analysis will include financial data or reports to show the range of available funds and electronic data from the quality management department showing the proportion of adverse effects. Level of skills among individual staff can be extrapolated from data gotten from Human Resource Manager. As stipulated by White and Blaiser (2011, p. 94), a SWOT analysis "Is well suited for participatory evaluation because it is based on actors perceptions and can contribute to participants awareness and empowerment". Individuals view and discern various issues differently. Therefore, using participants without a common agenda could contribute to variation of results. In terms of the setting, it is worth noting that various factors such as availability of resources may vary from one setting to another or from one department to another. Therefore, it is important to use participants with collective understanding or perspective of all issues within the organization.
Ghazinoory, S., Abdi, M., &Azadegan-Mehr, M. (2011). SWOT methodology: A state-of- the-art review for the past, a framework for the future. Journal of Business Economics & Management, 12(1), 24–48.
Laureate Education (Producer). (2013f). Focus on SWOT analysis [Video file]. Retrieved from https://class.waldenu.edu.
White, K. R., &Blaiser, K. M. (2011). Strategic planning to improve EHDI programs. Volta Review, 111(2), 83–108.