Process of strategic management, internal analysis , strategy choice

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Tools for professional SWOT-analysis The goal of the professional tools development

Tools for professional SWOT-analysis

The goal of the professional tools development is

to receive the quantitative results of SWOT analysis which is necessary to fix the strategic position of your company on the strategy selection matrix

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Tools for professional SWOT-analysis Specified check-lists Questions for Internal Analysis According

Tools for professional SWOT-analysis

Specified check-lists
Questions for Internal Analysis
According to areas to

be analyzed (management functions)
Questions for External Analysis
GETS, PESTEL
5-forces model

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Questions to be answered before check list development What are your

Questions to be answered before check list development

What are your goals?

What do you seek to achieve as a result of this analysis? Are you looking for a macro level perspective affecting the entire company or a micro level view of a department?
How broad or narrow is the scope of your SWOT analysis? It helps to establish the scope and communicate that with the participants up front.
What types of questions to you seek to answer?

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Questions to be answered before check list development What will be

Questions to be answered before check list development

What will be the

criteria for comparison for internal analysis?
What is the scale to be used to digitalize the results
Who are the desired participants? Is this a solo exercise or do you seek to engage a team of stakeholders, perhaps the executive team or a product team. If it’s a team SWOT analysis, here are some additional planning considerations.

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Recommendations Scale to be used is five-level one (Likert scale) In

Recommendations

Scale to be used is five-level one (Likert scale)
In a “good”

Likert scale, the scale is balanced (equal amounts of positive and negative positions) on both sides of a neutral option, creating a less biased measurement. The actual scale labels, as well as the numeric scale itself, may vary
To formulate questions in a way which helps to answer according to the options proposed by the scale

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Dr. Rensis Likert Dr. Rensis Likert (1903 - 1981) The original

Dr. Rensis Likert

Dr. Rensis Likert (1903 - 1981) The original

idea for the Likert scale is found in Rensis Likert’s 1932 article in Archive of psychology titled “ A technique for the measurement of Attitudes”.
This idea was expanded by Likert’s 1934 Journal of social psychology article titled “ A simple and Reliable method of scoring the Thurstone Attitude Scales”

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Five-Point Scales: samples Much better Somewhat better Stayed the same Somewhat

Five-Point Scales: samples

Much better
Somewhat better
Stayed the same
Somewhat worse
Much

worse
Very High
Above Average
Average
Below Average
Very Low

Strongly Agree
Agree
Undecided
Disagree
Strongly Disagree
Excellent
Above Average
Average
Below Average
Very Poor

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Five-Point Scales: samples Very good Good Fair Poor Very poor Much

Five-Point Scales: samples

Very good
Good
Fair
Poor
Very poor
Much higher
Higher


About the same
Lower
Much lower

Almost always
Often
Sometimes
Seldom
Never
Extremely
Very
Moderately
Slightly
Not at all

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Five-Point Scales: samples Very satisfied Satisfied Neither Dissatisfied Very dissatisfied Very

Five-Point Scales: samples

Very satisfied
Satisfied
Neither
Dissatisfied
Very dissatisfied
Very important


Important
Fairly important
Slightly important
Not important

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