Question

What do you think would allow an organization to capitalize on its strengths? What do you...

  • What do you think would allow an organization to capitalize on its strengths?
  • What do you think would allow an organization to improve upon its weaknesses?
  • What are potential issues for stakeholders in their functional areas?

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Answer #1

1. Focussing on doing their best and repeating successful strategy throughout the organization's entire tenure would allow the organization to capitalize on its strengths. The organization has to keep doing what it does best and establish the winning strategy and keep focussing on developing it's core stragety in order to capitalize on its success.

2. In order to improve upon it's weaknesses, first of all the organization must identify the problem or pain areas and then focus on developing strategies to eliminate those problems. Proper manpower training must be conducted by the organization and restructuring of the values of the organization must be focussed upon.

3. Potential issues for the stakeholders in their functional areas are intense competition from the rival organizations, decrease in revenue, increased operating costs, developing strategies for organization's success, dealing with customers/employees etc.

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