In this strategic plan analysis document, the author evaluates the organization's mission, vision, goals, and goals. Next, I will explain the quality of the author's organization, the management style, and the relationship with the organization that adopts the TQM management style. After that, the author discusses TQM style features of other organizations and compares them with their own organization. Finally, the author outlines organizational practices that can be integrated into your organization.
Strategic analysis is an important element of the strategic planning process. Strategic analysis is an integral part of corporate assessment and management programs (Beany, 2003) to provide managers with comprehensive assessment of organizational capabilities and market factors, to reveal growth opportunities and vulnerabilities. All organizations are active in a changing world and are influenced by strong internal and external forces than those. Without continuous dialogue with the external environment, the business can not survive and the organization is influenced by the forces of the external business environment.
TOWS analysis is a strategic analytical approach that includes a systematic and comprehensive assessment of external and internal factors that determine the company's current competitive position and potential for growth. The TOWS analysis is closely related to the more general SWOT analysis, but according to Michael Watkins' acronym, SWOT stands for the wrong series of strict strategic analysis processes. To begin planning and preparing to protect against these threats by performing the following steps, it is incorrect to start with benefit analysis, as the administrator first needs to identify all the threats from the environment.
The most widely used strategic management method in business analysis and strategic planning is SWOT analysis (Glaister & Falshaw, 1999). SWOT technology focuses on identifying four key factors, such as the strengths, weaknesses, opportunities, and the threats that may affect the performance of the organization. The purpose of SWOT analysis is to help companies evaluate their strengths and opportunities, predict their shortcomings and potential threats, and ultimately use them to develop a company's comprehensive strategic plan It is (Enz, 2011).