APA: 3 Paragraphs, 300 Words, Due 3/28/19, Module 4 Assignme

APA: 3 paragraph 300 words Due 32819module 4 Assignment Strategizi

Apply strategic management tools to Sun City Boards by selecting one of the following: SWOT analysis, PESTEL analysis, or Porter's Five Forces. Explain how the chosen tool works, its purpose, and why it will be valuable for Sun City Boards. Include three properly referenced and defined terms from the module reading. Address how the tool helps draw conclusions about the business, how it operates in measuring factors or deriving importance, and why it is relevant to the organization’s strategic planning process. Demonstrate understanding of the tool’s role in informing strategic decisions and supporting Sun City Boards in developing an effective strategy to regain focus and market position.

Sample Paper For Above instruction

Strategic management tools are essential instruments for organizations to analyze their internal and external environments, thereby facilitating informed decision-making. Among these tools, SWOT analysis stands out as a fundamental method for assessing a company’s Strengths, Weaknesses, Opportunities, and Threats. SWOT operates by systematically identifying internal factors (strengths and weaknesses) that influence organizational performance and external factors (opportunities and threats) that present potential challenges or growth avenues (Chermack, 2017). As a simple yet comprehensive framework, SWOT helps organizations like Sun City Boards evaluate their current position in the marketplace and formulate strategic actions accordingly.

The purpose of SWOT analysis is to provide a holistic view of the internal capabilities and external environment, enabling organizations to leverage strengths, address weaknesses, capitalize on opportunities, and mitigate threats (Pickton & Wright, 2017). For Sun City Boards, conducting a SWOT analysis can reveal critical insights—such as the brand's high-end market reputation (strength), overextensions into unrelated product lines (weakness), emerging surfboard technologies (opportunity), or increasing competition from low-cost brands (threat). Through this understanding, the organization can prioritize actions that align with its core mission of producing high-quality surfboards, while avoiding diversifications that dilute its brand image.

SWOT analysis operates by gathering relevant data and categorizing factors into the four quadrants. It measures the importance of various factors through qualitative assessment and consensus among key stakeholders. This measurement facilitates the prioritization of strategic initiatives, ensuring that the most impactful factors are addressed first. The analysis is dynamic; organizations regularly update their SWOT to reflect changing internal capabilities and external market conditions (Ghazinoory, Abdi, & Azadegan-Mehr, 2011). For Sun City Boards, this tool will help draw conclusions about which strategic directions are feasible and necessary to turn around declining sales and restore focus. Overall, SWOT analysis supports strategic clarity and guides decisions aligned with the company’s vision and mission, making it an invaluable management tool.

References

• Chermack, T. J. (2017). Strategic Planning in Higher Education. Routledge.
• Ghazinoory, S., Abdi, M., & Azadegan-Mehr, M. (2011). SWOT methodology: A state-of-the-art review. Journal of Business Economics and Management, 12(1), 24-48.
• Pickton, D., & Wright, S. (2017). What's SWOT in strategic planning?. Harvard Business Review.