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Strategy: Create and Implement the Best Strategy for Your Business by Harvard Business School Press

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2

SWOT Analysis II

Looking Inside for Strengths and Weaknesses

Key Topics Covered in This Chapter

  • Identifying and assessing core competencies
  • Understanding your financial capacity for undertaking a new strategy
  • Evaluating management and organizational culture in terms of change-readiness
  • A nine-step method for evaluating strengths and weaknesses

HAVING TESTED THE outer world for threats and opportunities, strategists must look inward and evaluate their strengths and weaknesses as an enterprise. As with the outer world, knowledge of the inner world imparts a practical sense about what company goals and strategies are most feasible and promising.

What are a company or unit’s strengths and weaknesses? The cost structure of its operations is one ...

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