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Internal Analysis. Chapter 4. Outline. Turnitin.com Resource Based View Core Competency Value Chain SWOT Case Study. Mid Term Peer Evaluations. We will due n ext week. 10 (k) Analysis. Don’t just past in the section of the 10(k) that applies to the item of your tool
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Internal Analysis Chapter 4
Outline • Turnitin.com • Resource Based View • Core Competency • Value Chain • SWOT • Case Study
Mid Term Peer Evaluations • We will due next week 10 (k) Analysis • Don’t just past in the section of the 10(k) that applies to the item of your tool • You need to identify, cite, and explain why it is important(about a paragraph)
Turnitin.com • Section 20- 5558674 • Section 19- 5552373 • Must be submitted to turnitin.com by October 3rd. 11:59pm • I will send an email out with this
Lecture Moment • Best way to prepare for Midterm • Measuring Competitive advantage • Core Competencies (combination of Resources and Capabilities) • Strategic Fit
Resource Based View • What are two Critical Assumptions in the Resource Based View? • Strategy is the process of directing the use of company resources on key activities to generate a sustainable competitive advantage
Core Competency • What is the definition? • Apple • Ikea • Google • Honda • Core Competencies need to align with Strategic Fit
Value Chain • Where are the Key Activities?
SWOT IFE and EFE Matrix • It is ok to list unclear items as both S, W, O, and T but really think about it first • Strengths • Weaknesses • Opportunities • Threats
IFE Matrix • Strengths and Weaknesses • Weight 0.00 to 1.00 on the relative importance of the factor to being successful in the firm’s industry % • All weights for S and W need to equal 1.00 • Rank each item on a scale of 1 to 4 • 1= Major Weakness • 2= Minor Weakness • 3= Minor Strength • 4= Major Strength
IFE Matrix • Total weighted scores well below 2.5 point to internally weak business. Scores significantly above 2.5 indicate a strong internal position. • Average is 2.5
EFE Matrix • Opportunities and Threats • Weight 0.00 to 1.00 on the relative importance of the factor %. • All weights for O and T need to equal 1.00 • Rank each item on a scale of 1 to 4 • Rating indicates how effective the firm’s current strategies respond to the factor • 1= Response is poor • 2= Response is below average • 3= Response is above average • 4= Response is superior
EFE Matrix • Total weighted score below 2.5 indicates that the business has lessthan average ability to respond to external factors. • Total weighted score above 2.5 indicates that the business has above than average ability to respond to external factors. • 2.5 is average score
Wrap-up • Turnitin.com • Resource Based View • Core Competency • Value Chain • SWOT • Case Study