Preview

Information Technology Management: SWOT

Satisfactory Essays
Open Document
Open Document
501 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Information Technology Management: SWOT
IColorado Technical University

IT600: Information Technology Management

Instructor: Cesar Sanchez

Phase 2: Individual Project

By: Janzell Brown

Date: December 2, 2012

As we approach the finalization of the case study for the Wireless World, Inc. we must also discuss the area of SWOT, which stands for Strengths, Weaknesses, Opportunities, and Threats. plan for future and present day business planning. The process also helps with the opportunity to classify the positives and negatives of what is going on within the organization. It also helps with external environmental areas that the organization may encounter as well. The SWOT method can be used in a stage method that helps with exploring the potential possibilities for new solutions and problem areas. SWOT helps with the decision making process and how possible threats could arise for the organization. Also having the opportunity to determine where possible change is needed and how this would apply to the strengths and weaknesses of the organization. The SWOT plan also allows organizations to have the ability to modify and make changes to their business plans as an opportunity arises for the organization. SWOT provides the needed ability to communicate how the organization needs to take the initiative to help organize the organizations processes.
In order to implement the SWOT process for Wireless World, Inc. I need to focus on four different elements to help reveal the positive forces they are currently working for the organization. I will also look at the possible problem areas that need to be addressed or at least acknowledged. When you decide to use the SWOT format you must also decide on the type of format that will be used for the organization. This helps with trying to communicate the issues in a clearer manner, so that it is understood better. I have decided to conduct the SWOT layout for Wireless World, Inc. in an internal and external side by side layout. This

You May Also Find These Documents Helpful

  • Better Essays

    Pamela Spencer Case

    • 2177 Words
    • 9 Pages

    Goodrich, Ryan. “SWOT Analysis: Examples, Templates & Definition.” Business News Daily. Tech Media Network, 2014. Web. 28 February 2014.…

    • 2177 Words
    • 9 Pages
    Better Essays
  • Satisfactory Essays

    Mkt 421 Week 3

    • 782 Words
    • 4 Pages

    The SWOT analysis guides an organization to look at the position of the company against competitors and identify their strengths, identify, capitalize and exploit the opportunities the company has, recognize where the company needs to strengthen their position, and distinguish the threats that will directly affect the company if neglected. SWOT analysis support strategic management process because it help to develop the strategy a company make to improve their position in the industry. It is the framework that spawns innovation in an organization.…

    • 782 Words
    • 4 Pages
    Satisfactory Essays
  • Good Essays

    Mgt 498

    • 950 Words
    • 4 Pages

    I believe that it is essential to use the strategic management process when implementing a new company or a new idea. Many companies use a SWOT analysis. A SWOT analysis allows a company to perform the strategic planning process by determining the strengths, weakness, opportunities, and threats that may be encountered when offering a new product or starting a new…

    • 950 Words
    • 4 Pages
    Good Essays
  • Better Essays

    SWOT analysis is a strategic management technique that provides an overview of an organization's internal strengths and weaknesses as well as external opportunities, and threats. The following application of a SWOT analysis for Verizon is intended to help ensure a strategic fit that, "... maximizes a firm's strengths and opportunities and minimizes it weaknesses and threats" (Pearce & Robinson, 2002).…

    • 1619 Words
    • 7 Pages
    Better Essays
  • Good Essays

    The SWOT analysis is “a historically popular technique through which managers create a quick overview of a company’s strategic situation (Pearce and Robinson, 2011, p. 140).” The SWOT analysis supplies Target with a strategic planning method in order to gauge all the strengths and weaknesses of the company as well as what opportunities are available to the company, and any threats that may arise when operating the company. SWOT allows Target to detect key issues within the environment. This method is essential for Target, because it offers succeeding stepladders in the course of development for achievement of certain objectives.…

    • 1181 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    A SWOT Analysis is a framework for the examination of the internal strengths, weaknesses, external opportunities and threats that may affect an organization.…

    • 2105 Words
    • 9 Pages
    Powerful Essays
  • Satisfactory Essays

    Regardless of whether you or your team are future planning for specific products, work, personal or any other area, the SWOT analysis process is the same. Step 1 – In the here and now… List all strengths that exist now. Then in turn, list all weaknesses that exist now. Be realistic but avoid modesty! Step 2 – What might be… List all opportunities that exist in the future. Opportunities are potential future strengths. Then in turn, list all threats that exist in the future. Threats are potential future weaknesses. Step 3 – Plan of action… Review your SWOT matrix with a view to creating an action plan to address each of the four areas. In summary; · Strengths need to be maintained, built upon or leveraged. · Weaknesses need to be remedied or stopped. · Opportunities need to be prioritised and optimised. · Threats need to be countered or minimised.…

    • 408 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Jamba Juice

    • 395 Words
    • 2 Pages

    SWOT Analysis is a basic model that assesses the business environment of an individual firm. This tool identifies the strengths, weaknesses, opportunities and threats of an organization. An overview of the four factors in this case study is given below…

    • 395 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    SWOT analysis is a planning toll used to analyze an organization’s strengths, weaknesses, opportunities and threats.…

    • 1178 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Harley Davidson

    • 2607 Words
    • 11 Pages

    This type of analysis provides a summary of an organization’s Strengths, Weaknesses, Opportunities, and Threats. SWOT is a planning report that only covers a specific time period but can be used in conjunction with other business documents to provide efficient and effective decision-making based on facts instead of intuition. The Strengths and Weaknesses sections of the analysis are those issues internal to the organization. Opportunities and Threats are issues that are external to the organization period (Nickels, McHugh, & McHugh, 2010).…

    • 2607 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    The objective or purpose of applying a SWOT diagram as a planning tool in business is to have a platform of doing business or having a through picture of a business plan. Applying SWOT diagram as a planning tool has helped me to work out the strengths, threats, benefits and strategy of achieving financial prosperity in business. (Draft, 2012/2010, p. 209) I have learned that using the SWOT method as a planning tool will help me in working out an effective way and strategy to solidify my business plan with proper research, and thinking through it before setting the ball rolling for execution. Understand and using SWOT method will expose so many things and points one need to put into consideration while planning a business strategy. I also realized when I took the strategy strength test, I have a balanced formulator and implementer style and I work well in both arenas. New managers bring value to strategic management as a formulator, implementer, or both (Draft, 2012/2010, p. 201).…

    • 1848 Words
    • 8 Pages
    Good Essays
  • Good Essays

    SWOT analysis will be central to create a strategic plan in order to integrate IT in my organization. I will present my SWOT analysis result, my strategic IT plan to the board of directors and my employees. Internal resistance is expected and I will try to be prepared for all the questions that come my way. Change is something that never goes down well in an…

    • 286 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. It is the most renowned tool for audit and analysis of the overall strategic position of the business and its environment.…

    • 532 Words
    • 3 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Swot Analysis for Lavazza

    • 284 Words
    • 2 Pages

    SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a business venture. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. It is a scan of the internal and external environment is an important part of the strategic planning process…

    • 284 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Swot Maxis

    • 1144 Words
    • 5 Pages

    Maxis Berhad started their operations in the year 1995 being the leading mobile communication service provider in Malaysia with more than 11.4 million mobile subscribers up to date. (Maxis Berhad, 2011) SWOT is the acronym for Strengths, Weaknesses, Opportunities and Threats where it will be used to assess the business as it is important for companies to analyze SWOT on their companies. It will also be analyze in this report on how the strengths will be used to overcome the weaknesses as well as the opportunities overcoming the threats. Strengths and weaknesses will be analyzing on the company’s internal factors whereas opportunities and threats will be analyzing on the company’s external factors.…

    • 1144 Words
    • 5 Pages
    Good Essays

Related Topics