It is vital for organisations to use company analysis to gain understanding of their limiting and enabling factors and strategic capabilities. Profits can then be maximised by selecting the most effective strategies, and through successful implementation of mergers, acquisitions and divestment opportunities.
In this book Jenster and Hussey move away from the opinion based SWOT analysis commonly used, to provide a more objective step-by-step approach to objectively analysing an organisation. This important task is clearly explained, with information helpfully displayed in diagrams, and checklists of critical questions provided. In addition to the key, functional areas of management, corporate-wide approaches such as core competencies, critical success factors, industry analysis and the value chain are also examined.
The book is illuminated with examples from the authors' own experiences, resulting in a practical and effective approach which will provide a foundation for corporate strategy and add a strategic dimension to a due diligence study - and so prove invaluable to MBA students and lecturers in strategic management.
Every manager will be asked to participate in assessing strengths and weaknesses at some time in their career, and this book enables a considerable improvement to be made to many commonly used methods - and for those responsible for the development of strategies, it offers even more.