StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Internal Analysis - Essay Example

Cite this document
Summary
The paper "Internal Analysis" tells us about the main essence of the company Stilsim. It ensures that the clients get the Job that they desire and are capable of. The value chain can most simply be defined as a series of activities and potential, each activity adding value to the end product…
Download full paper File format: .doc, available for editing
GRAB THE BEST PAPER93% of users find it useful
Internal Analysis
Read Text Preview

Extract of sample "Internal Analysis"

?Internal Analysis Naif Al-Hajri Assignment 2-3 BSAD 495 Section H2FF Roger Kisiel Franklin November 27, Stilsim Company: Internal Strategy Introduction: The main essence of the company Stilsim is to act as an intermediary between individuals looking for jobs, and companies. It ensures that the clients get the Job that they desire and are capable of. Value chain can most simply be defined as a series of activities and potential, each activity adding value to the end product. According to the value chain of Stilsim the value activities are the blocks that support the functions of the human resources in order to motivate and teach the workers while the intrinsic ability and competence of the individual is the potential which would be enhanced by value activities. Weaknesses of Stilsim: The determination of the internal strengths and weaknesses will help in the analysis of the firm and in identifying the value chain activities. There are a plethora of weaknesses that strike the company's internal processes and some of major ones are mentioned here. There are some basic problems with the leadership of the company. The higher level of the company is faced with lack of communication and information dessimination. Although, Bill Simmons, the CEO of the company is extremely competent and experienced, the rest of the leadership is the contrary. Due to the lack of communication, other business processes are affected as information is not circulated on time. There are three offices that function in three different areas, the information between the three locations are not circulated. This lack of information makes the branches work independently with hardly any synchronization. Adding to the weakness is with the corporate culture of the company. There issue is with the absence of focus among the employees of the company. There is no investment over the development of employees and their skills, there are no trainings provided. The company works on old-fashioned work practices and the employees perform repetitive tasks without any variations or enrichment. Employee guidelines and their job descriptions are not formally documented. As a result of these factors, the employees are not well motivated and satisfied. They do not feel a sense of belonging to the company and have rare understanding of the business value. The lack of employee loyalty also creates demoralization and rivalry among the employees. With the passage of time and the advent of information technology, businesses have to keep up to date with the technological evolutions and maintain their systems in accordance with the advancements in technology in order to gain and maintain a competitive edge. One of the significant weaknesses found with Stilsim was with its technological implementations. Most of the systems were old and obsolete. The company does not have temporary methods of work and management which makes causes a great hindrance while competing with other companies. Strengths: The major strength of Stilsim lays in its vast experience of two and a half decades in the industry. Despite the weaknesses, the fact remains that Stilsim has been around for the longest time and by the nature of the business, this is a significant strength. There are loyal customers that have been seeking services from Stilsim and refer the company to others. The experience has led Stilsim to develop a vast network in the industry and even though the employees are not fully satisfied, they are highly experienced as they have been serving the company for a long time. Value Chain Analysis As described before, the value chain comprises of the activities that add value to the end product of the company and help it develop a competitive advantage. According to Porter’s Generic value chain, the primary activities in the value chain of an organization include inbound logistics, operations, outbound logistics, marketing & sales and service respectively. The support of the activities is through the infrastructure of the firm, the human resource management, technology development and procurement. Now let us analyze the value chain of Stilsim. Te first activity of the value chain is the inbound logistics. This is the matching of the workers to the firms and employment opportunities to those who are looking for jobs. This is basically, the core competency of the organization and the revenue generating activity. Significant supporting activities include technology development and human resource management, this are where Stilsim is held up. There is lack of technological development and innovation in work design that hinder the production or operation. Moreover, the HRM functions do not provide adequate training and development to the employees. The marketing and sales activity is also in need of rejuvenation. There are a number of new opportunities that the company fails to exploit. For example, the company can make use of E-marketing tools to attract more clients. Other marketing and promotion tools can be used to reach the market spread the word. Among the support activities, procurement is not applicable to the organization. Technology development, as discussed earlier, is in dire need of attention and innovation. Also, the Human resource management needs to implement training activities and resolve employee conflicts and bring changes in the job description that would allow employees to grow and mature with the work. Core Competencies: Being in the industry for 25 years has developed as the core competency of Stilsim. Being the oldest job services provider and having a considerable experience is what is the value proposition of the company and it has enabled the company to develop a vast network and contacts with clients over the years. Moreover, having three offices in different locations serving to clients from different areas is another core competency on the part of Stilsim. Stakeholder Analysis: The purpose of the stakeholder analysis is to identify those individuals or groups that are likely to affect or be affected by the actions of the company. This enables the company to take into consideration all the stakeholders interests when taking certain action. The stakeholders of Stilsim are the employees, the shareholders, the community and the clients. It is hence, necessary to consider the interest of these individual or groups that have direct concern with the company and its future. Mission Statement and Vision Stilsim is basically an agency that provides recruitment services to the clients at lower costs and quality services. Some of the value propositions of Stilsim are as follows: Building relationships through matching the right people to the right job Maintaining high standards of quality in services Capitalize over the skills and experience of the staff Ensure the availability of equal opportunities in all areas of our work Focus upon the core value proposition to provide speialist services to clients Conclusion: In order to improve the performance of the company it is necessary to recognize the faults and the strengths. This is purpose of the external and internal analysis. The analysis would enable Stilsim to develop strategies in accordance with the issues and would be able to eradicate the weaknesses in order to prosper in the future and maintain its standing in the industry. Reference: Dess, G. G., Lumpkin, G.T., & Eisner, A. B. (2010). Strategic management: Creating Competitive Advantage. (5th). New York, N.Y Gummerus, Johanna, Veronica Liljander, Minna Pura, and Allard van Riel (2004), "Customer Loyalty to Content-Based Web Sites: The Case of an Online Health-Care Service," Journal of Services Marketing, 18 (3), 175-86. Strategic Management.(2010). SWOT Analysis. Quick MBA Knowledge to power your Business. . Retrieved on November 27, 2010 from: http://www.quickmba.com/strategy/swot/ Ross Wirth. (May 11, 2010). StilSim Simulation. Retrieved on November 27, 2010 from Franklin University Website. http://video.franklin.edu/Franklin/BSAD/495/StilSim/index.html Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Internal Analysis Essay Example | Topics and Well Written Essays - 1250 words”, n.d.)
Retrieved from https://studentshare.org/family-consumer-science/1414535-internal-analysis
(Internal Analysis Essay Example | Topics and Well Written Essays - 1250 Words)
https://studentshare.org/family-consumer-science/1414535-internal-analysis.
“Internal Analysis Essay Example | Topics and Well Written Essays - 1250 Words”, n.d. https://studentshare.org/family-consumer-science/1414535-internal-analysis.
  • Cited: 0 times

CHECK THESE SAMPLES OF Internal Analysis

Internal analysis on Toll Singapore

Toll is a global logistics services giant predominantly plying the Asian region.... The company provides a broad range of integrated logistic services and has staggering profit margins illustrated by annual revenue of AU$5.... billion.... The company runs an expanse network which involves over 700 units in more than 45 countries across the world....
5 Pages (1250 words) Case Study

Strategic Management: Walgreens Internal Analysis

An Internal Analysis of an organisation entails the assessment of its key business processes, the core competencies, organisational strengths and capabilities as well as weaknesses in alignment of business opportunities, which the organisation is perusing for its long terms success.... Analysis tools such as Organisational Capability Analysis or OCP analysis, Value Chain analysis and SWOT analysis are few common tools available in conducting an Internal Analysis for a business....
12 Pages (3000 words) Essay

QANTAS INTERNAL ANALYSIS

A firm can gain competitive advantage through… Basically, an Internal Analysis of the company is a very effective strategy that helps the managers to identify its internal strengths and weaknesses.... This analysis is very important since it helps the managers to focus on key strategic issues based on When weaknesses are minimised, the company is likely to gain competitive advantage.... An internal environment is mainly characterised by factors such as weaknesses and strengths of the company which often characterise its operations....
4 Pages (1000 words) Assignment

Abercrombie and Fitch Internal Analysis

It is the most significant part of developing organizational strategies as this process outlines strengths and weakness of the firm.... Thus, in the current research… Moreover, this study will be outlining different findings and develop potential recommendations on the operational policy of the firm (Bradway, 2006). Abercrombie & Fitch They are also dealing with different types of accessories products like cologne and perfume....
6 Pages (1500 words) Essay

Strategic Plan Internal Analysis

Global Recession of 2008 had a negative impact in Blackberry as it decreased consumer spending in the large market surrounded by big and influential companies like Samsung and… The company's share price had a setback due to the economic recession displaying a close correlation and volatility to changes in the economic conditions....
1 Pages (250 words) Essay

Internal Analysis of the NBA

The author of this assignment "Internal Analysis of the NBA" comments on the basketball place in the modern world of sports.... The best approach to the Internal Analysis of NBA will be discussed.... nbsp; The paper will begin by analyzing the capabilities and resources NBA had before the 2010-2011 season; the analysis will be from a case study done by Coulter....
8 Pages (2000 words) Assignment

Wal-Marts Internal and SWOT Analysis

… The paper “Wal-Mart's Internal and SWOT analysis" is a brilliant example of a case study on business.... Value chain analysis A value chain is used to describe a way in which the activities of a business can transform inputs into outputs.... Wal-Mart Company is comprised of a combination of tangible, and intangible assets....
2 Pages (500 words) Essay

Target Canada: Internal Analysis

 This study "Target Canada: Internal Analysis" discusses the following Internal Analysis tools will point out some of the major issues concerning the management at the moment.... This tool can help in understanding the larger strategic vision of an organization; for Target Canada this analysis is important since their initial entry strategy failed to elicit the desired response....
6 Pages (1500 words) Case Study
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Contact Us