Corecivic Essay

Out of these four non-core functions, the Legal department and Administrations have very low head counts. Personnel in these departments are experienced and have been there in the company now for almost 10-15 years. Distribution and Logistics have their headcounts increasing every year but at a very slow rate. The Customer Services cater to the requirement of both internal and external customers. ABC Marketing Services is planning to outsource Customer Services department to an offshore vendor as there is a heavy need to employ more number of headcounts for taking care of high volume of calls and queries from the customers all over the world. Because of the tremendous growth in the company’s business, the need for hiring in-house employees have gone up considerably and the company is not able to ramp up its resources for various reasons such as cost, lack of experienced resources in the market and also because of the complexity in the hiring process. Overseas Vendors have a massive English-speaking population trained as well as extremely low labor rates.

“A SWOT Analysis is the most used tool for audit and analysis of the overall strategic position of the business and its environment. Its principal purpose is to identify the strategies that will create a firm-specific business model. The plan aligns the organization’s resources and capabilities to the requirements of the environment in which the firm operates. The analysis is to evaluate any potential and limitations and the probable/likely opportunities and threats from the external environment. The results provide the positive and negative factors inside and outside the firm that affect the success.” A SWOT analysis is conducted to determine the strengths, weaknesses, opportunities, and potential threats to the organization. ("SWOT

Primarily, one must consider how to prepare adequately and constructing a strategic thinking and decision-making. Secondly, optimizing a SWOT analysis can also help identify challenges, weaknesses, and threats to an organization. Bryson (2001) stated in order to determine internal strengths and difficulties for the organization to monitor resources (inputs), present strategy (process), and performance (outputs). In alignment with an organization's structure, new opportunities are identified and achieved through short, long-term goals, and integrating a SWOT analysis. The SWOT analysis allows one to explore the organizations, environments opportunities, along with threats, organizational strengths, weaknesses and challenges. Granted, organizational shift and cultural changes within the ARC also has caused for accountability and transparency to emerge, which is also a challenge. However, continual goal setting for the entity will provide thorough guiding principles to overcome challenges and view how future performance plans will fit within the mission of the

Businesses in the same industry compete against each other to meet their organization goals and sustain competitive advantage over one another. But to meet those goals, it’s important for businesses to analyze their internal and external environment to allow them to come up with new business strategies beneficial to the business. Firms can use SWOT as a starting point. SWOT is a basic technique that can be used by business owners to analyze their business and industry condition (Dess, G., Lumpkin G.T., Eisner, A., McNamara, G, 2013). Using SWOT will help business owners understand the strengths, weaknesses, opportunities and threats of their business. It would help them analyze and come up

SWOT analysis is a popular analysis tool used in different situations that include not just business and marketing but also project planning and personal career development (Chapman 1995-2012). As for the strategic planning, Kenneth Andrews popularized his idea that good strategy means keeping a fit between the external situations a firm faces and the internal capabilities (Hill and Westbrook, 1997). The format the SWOT analysis presented is a 2x2 'internal/external' matrix, in which questions and relative answers can be listed for analysis (chapman 1995-2012). And according to Hill and Westbrook (1997), the output of SWOT analysis comes from meetings facilitated by consultants or managers to contribute the final analysis. Brainstorming can be used for filling in the sections to answer the questions. In addition, similar arguments should be concluded and ranked according to their answers in meetings (Rauch, 2007). As for the newly developed analysis, the TOWS matrix matching the various factors enables companies to stimulate new strategic initiative (Dyson, 2004).

In a business context, the SWOT analysis enables organizations to identify both internal and external influences. Outside of business, other organizations have found much use in the method's guiding principles. Community health and development, education, and other groups have used the analysis. SWOT's primary objective is to help organizations develop a full awareness of all the factors, positive and negative, that may affect strategic planning and decision-making. This goal can be applied to almost any aspect of industry.

The SWOT analysis is an important method for developing a company’s strategy based on the identified and studied company strengths, weaknesses, opportunities, and threats. The analysis provide the business leaders with a perspective of what the business does bets and where the company has the greatest potential expand. Additionally, the analysis can be used to analyze a given business issue and find a lasting solution to the issue.

In today's competitive environment, companies are increasingly aware of potential threats that could affect businesses. SWOT analysis is a tool to analyze strength, weaknesses, opportunities and threats for the internal and external environment. The purpose of SWOT analysis is to develop a fuller awareness of the situation that will help with strategic planning and decision making of companies. Furthermore, the paper will critically assess the SWOT analysis of Apple company.

When we talk about of strategic decision making in an organization, we must take consider many factors that must be studied within the company. For that, there are several useful tools such as SWOT analysis, which is meant (strengths, Weaknesses, opportunities, and Threats), this method is the simplest and effective way to analyze the present and see how will be the future of the company.

Secondary resources might include a literature review of books, newspapers, articles and information from databases. Data gathering is significant as it is the basis for findings and conclusions, which are then used to make recommendations. When gathering data, it is important to pay attention to ethical data collection requirements and practises.

SWOT analysis is the predominant methodical tool used for strategic planning. “SWOT analysis is a simple structured approach to evaluating a company's strategic position when planning, to identify the company's strengths and weaknesses and to compare these to opportunities and threats in the environment” (Piercy and Giles 1989). SWOT analysis gives a helpful perspective about the company as it helps in exploring the company’s strengths and find solutions to problems, identify the numerous opportunities and finds best initiatives to channel the threats.

The SWOT analysis framework involves analyzing the strengths (S) and weaknesses (W) of the business’s internal factors and the opportunities (O) and threats (T) of its external factors of performance. Through this analysis, strengths and weaknesses within an organization can be matched with the opportunities and threats operating in the environment so that an effective strategy can be formulated. Therefore an organization can derive an effective strategy by taking advantage of its opportunities by using its strengths and neutralize its threats by minimizing the impact of its weaknesses. Moreover, SWOT analysis can be applied to both a whole company as well as a specific project in order to

Nearly every company can benefit from [pic]SWOT analysis. Larger organizations may have strategic-planning procedures in place that incorporate [pic]SWOT analysis, but smaller firms, particularly entrepreneurial firms may have to start the analysis from scratch. Additionally, depending on the size or the degree of diversification of [pic]the company, it may be necessary to conduct more than one [pic]SWOT analysis. If [pic]the company has a wide variety of [pic]products and services, particularly if it operates in different markets, one [pic]SWOT analysis will not capture all of the relevant strengths, weaknesses, [pic]opportunities, and threats that exist across the span of the company 's operations.

Five Forces Model (p. 64) – Michael Porter identified five key competitive forces that determine an industry’s weaknesses and strengths and those managers need to consider

After an organization has defined its vision and mission statements, it is time to address the strategies for achieving results. The analysis to determine how they will achieve the desired results should include the strengths, weaknesses, opportunities and threats of the organization. There are many internal and external influences which will need to be examined. A process which is typically used to define this analysis is called a SWOT analysis. SWOT analysis (strengths, weaknesses,