Preview

Conduct an Environmental and Organizational Audit

Satisfactory Essays
Open Document
Open Document
406 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Conduct an Environmental and Organizational Audit
TASK 7.2 a
Analyse the future competitive moves and customers’ anticipation which can affect strategic planning of your chosen company?
Strategic planning determines where an organization is going over the next year or more, how it's going to get there and how it'll know if it got there or not. The focus of a strategic plan is usually on the entire organization, while the focus of a business plan is usually on a particular product, service or program. Even if Uncertainties and competition always effects the strategic planning of a company.Eventhough strategic planning is flexible and been designed with considering all the future expected problems. The Apple iPhone ’Strategic planning was done according to business objectives.iPhone has several features like iPhone touch technology allows users to make calls by simply pointing to a name or number in an address book or by dialing through a touch pad keyboard. Contacts are automatically updated with other linked networked devices and voicemail is accessible through an email type list selection. IPhone’s features include: conference calling, a speakerphone, text and multimedia messaging. The iPhone’s proximity sensor detects when a user lifts the device near the ear and immediately turns off the display to conserve power.
And the customers feedback about iphone 4 is good but it have defects.for example it is uncomfortable to hold and the charge is not sufficient to do things like video conferencing,using skype etc.Atlast apple is launching iphone 5 which satisfies the customer needs. Cingular customers who have iPods are the most likely early adopters for the iPhone. Assuming an uptake rate of 50%, this gives an estimate of 8.7 million customers. Factors effects the strategic plans are the ones which are certain uncertainties which happens without any symptoms.Factors which effects my company are sudden introduction of smartphones like Samsung galaxy SII,also inflation and customer behaviour.

You May Also Find These Documents Helpful

  • Good Essays

    Mgt 498 Week 1

    • 699 Words
    • 3 Pages

    In order for strategic management to work, the business must have a complete understanding of its current state and what elements may or may not affect the position of the company. Having a complete understanding of the strategic plan and how internal and external factors can affect the current position of the company will help. For example, political, legal and even social climates have changed a great deal over the past couple of decades. With laws changing and new regulations that businesses’ must follow, it is important to have the position of the plan in line with all laws and regulations not only within the state that your business is in but also with any state the business may do business within. Having a clear idea of what forces may affect the business and knowing what threats exist when making or putting a plan in place, will help the strategic plan be successful (The "Strategic Management Of British Airways Company," 2010).…

    • 699 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Steve Jobs unveiled iPhone to the world on January 09, 2007 by defining it as a wide screen iPod Touch featuring functionalities of phone and an Internet communicator named iPhone. Apple IPhone is considered apples most innovate and best selling product according to “the secret to Apple’s success” article they raised a point about Apple’s marketing strategy, “Making markets vs. addressing markets – Some claim that Apple doesn’t ask people what they need but gives them products they decide they want.” In a competitive industry such as the mobile device industry, no consumer would purchase a cellphone unless they perceive its worth as valuable. No body necessarily needs an apple iPhone they have many options however, they want the phone because they value the product. Another marketing strategy worth noting is how Apple markets their products. Apple has demonstrated a cool factor in their product; the Attention they spent on the design and detail distinguishes Apple’s products from other competitors.…

    • 958 Words
    • 4 Pages
    Better Essays
  • Satisfactory Essays

    Mgc1 Study Guide 2

    • 1051 Words
    • 5 Pages

    Strategic planning is designed to leverage the strengths of a firm while minimizing the effects of its weaknesses. It is difficult to know the potential advantage a firm may have unless external analysis is done well. For example, a company may have a talented marketing department or an efficient production system. However, the organization cannot determine whether these internal characteristics are sources of competitive advantage until it knows something about how well the competitors stack up in these areas.…

    • 1051 Words
    • 5 Pages
    Satisfactory Essays
  • Satisfactory Essays

    BUSS3500

    • 1002 Words
    • 4 Pages

    Strategic choices (business, international, innovation, acquisition), direction the business will move to and methods the strategy be pursed…

    • 1002 Words
    • 4 Pages
    Satisfactory Essays
  • Best Essays

    MHA 612 FINAL PAPER

    • 3334 Words
    • 10 Pages

    “For that reason, strategic planning is a method of giving the direction and aligns the firm in relation to the surrounding environment and be competitive. Besides being as a management tool in a firm, strategic planning provides preparedness and modes of response to the environment (Wilson and Eilertsen, 2010).”…

    • 3334 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Three factors that can affect a planning process can be, competition, the economy, and management. Competition of course is when there is more than one organization out there offering a very similar product at a different price or a better one. The economy always affects business, if there is no jobs, there is no income therefore we do not have money to spend on offered products. Finally management can also fail in planning a good plan and may fail for what was expected.…

    • 318 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Keeping in mind the goal of maximizing stakeholder wealth, companies should develop the strategic plans, which can help to move the business forward. “Strategic planning is an organization 's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people”…

    • 851 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process?…

    • 2592 Words
    • 11 Pages
    Satisfactory Essays
  • Powerful Essays

    Notcheating

    • 7397 Words
    • 30 Pages

    Long Answers: This question is designed to test your conceptual understanding of the strategic planning framework so that you can logically derive a conclusion from a diverse set of facts and a variety of situations.…

    • 7397 Words
    • 30 Pages
    Powerful Essays
  • Good Essays

    For the development of a strategic plan, external considerations are important because a plan will cover the entire aspects of an organization. This includes its internal as well as external aspects. The external aspects include customers, competition, technology, supplier market and labor market. All these factors need to be given due consideration as the external environment tends to have an alarming effect on the business. A business can run smoothly only when plans are made in accordance with the different external factors. Among these factors, the most imperative factor is the customers as they…

    • 676 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Planning is the base upon which all the areas of management should be built. There is a constant, never-ending change in the business climate and a plan must be in place to handle all of them. An internal factor that could affect a plan from being used is personal conflict. You don't like the person that has a plan. You have more authority than them, so you squash the idea before it can happen. Maybe it was a good idea, maybe not. You don't care. An external factor that can change the plan is the customer. What do the Apple customers want? When you leaked the information about a new phone about to come out (marketing), are customers camping out at your store for the phone or do they even care? Knowing the customer will help you make better decisions about what is the best plan to use.…

    • 2464 Words
    • 10 Pages
    Better Essays
  • Better Essays

    Strategic Initiative

    • 1621 Words
    • 7 Pages

    A successful business must be able to plan and forecast all aspects of operations, including both financial and operational goals, in both the long and short terms. Even though businesses may be temporarily successful if focused only on immediate decisions, in the long term they will not grow successfully and they stand a much higher chance of failure due to a lack of direction. Strategic planning refers to a company’s developed long-term operational strategy that will be used to balance both financial and operations decisions over a period of five to ten years. Financial planning is a key and integral part of strategic planning. Companies that create successful financial plans have set benchmarks and goals that define success. They are also able to weigh the cost of modifying or sustaining various parts of their business over the course of the strategic plan, shown below in the case of Starbucks venture into the golfing realm.…

    • 1621 Words
    • 7 Pages
    Better Essays
  • Best Essays

    The current paper is about the research on business strategy on face book. In 2004 FACE BOOK was launched by Mark Zuckerberg. In this paper .In this SWOT has been used to do the external analysis (Industry analysis) and internal analysis for Facebook. Strategic alternatives for company is also discussed in the paper which includes expand the global user community, Build engaging mobile practices and advance ad products for users and advertiser. There are three alternatives strategy for Facebook is given but writer of the paper has recommended that It is need to maintain relationship with colleges to keep control on the social networking market for college-age students its recommended that Facebook should collaborate with Amazon for the execution of this strategy of capturing and retaining college-age students. Criteria for evaluating the strategies have also given in the paper. At the end of paper its is explained that how Facebook get success .Initially the membership was limited restricted to students of Harvard College, and in the first month half of…

    • 2471 Words
    • 10 Pages
    Best Essays
  • Better Essays

    forces and trends that must be taken into consideration while developing a strategic plan.in todays…

    • 915 Words
    • 4 Pages
    Better Essays
  • Powerful Essays

    Strategic Issues

    • 2300 Words
    • 10 Pages

    In any comprehensive planning process, strategic questions must be addressed. This is the reason United Parcel Service (UPS) examined several companies that have faced similar issues as they have experienced. These companies are Siemens, United States Postal Service, Oracle, JCPenney and 3M. In addition, UPS will show how they will adopt each company’s strategy in dealing with strategic issues and how those companies handled the situation.…

    • 2300 Words
    • 10 Pages
    Powerful Essays