Weaknesss And Strengths, Opportunities And Threats

Decent Essays
According to Cambridge Dictionary (2016), strategic analysis is the examination of how successfully or not an organization operates and uses its resources, in order to achieve something over time. After obtaining information about the operations of the organization, with the use of certain techniques, we can identify and adjust matters that must be solved. One essential technique which firstly imposed from Alfred Humphrey in the 60’s to 70’s, as stated by Boyd(2005), concerns a discussion of an organization’s strengths, weaknesses, opportunities, and threats, which is called SWOT Analysis ( Strengths, Weaknesses, Opportunities, Threats). SWOT analysis, therefore, is a strategic planning tool used to analyze an enterprise's internal and external environment when it is called upon to make a decision in relation to the objectives it has set and in order to achieve them(Schermerhorn 2015).…show more content…
To put it more simply, being a leader you should be inspiring and always in the center of action (Stogdill, R. M.1974). Regarding leadership styles, which are recurring patterns of acts presented by a leader, it is easy to talk about the classic leadership styles which are autocratic, human-relations, laissez-faire and democratic style (Goleman D. 2000). The autocratic style is based on retaining authority and information and focuses on efficiency of operations with a command-and-control fashion. A leader with a laissez-fairre style,also known as ‘’hands-off’’ style, shows little interest for tasks, gives more authority to the staff and provides little or no direction leaving the decisions to the group. The democratic style, pays attention to both task and people, encouraging and allowing the staff to promote and participate in decision making (Schermerhorn J. 2015) (Appendix
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