FIFTH ENTRY

Assalamualaikum. For this week I learned about evaluating company’s resources, capabilities, and competitiveness. After learned this topic I will be able discover how to access the company’s strength and weaknesses in light of market opportunities and external threats.

 I can also understand how comprehensive evaluation of a company’s competitive situation can assists managers in making critical decisions about their next strategic moves.

 The best section in this chapter is SWOT analysis (strength, weaknesses, opportunities, and threats). Look simple but this is a powerful tool for sizing up

 a company’s strengths and weaknesses, its market opportunities,

 and the external threats to its future well-being. But remember; simply list those all elements are not enough, it should come out with strategy to improve the company’s situation.

 I love this swot analysis because I always use it in my tutorial class by doing study case analysis. From that activity a can identified all the elements in an organization. 

The first study case is Robin Hood but we did not use swot analysis.

 The second study case is Digital Age: Shall I Tag Along we use start use this approach. Interesting!

 The best word to describe this activity inn tutorial class. 

We have divided into group so we can work each other and the swot analysis will

 come more quickly rather than do it alone.

 After finish that activity, Madam Huda had promised us to teach us TOWS MATRIX. In shaa Allah I will share in the next entry. That’s all for this entry. Till we meet again J