Every effective manager/leader will most likely face opposition within their own

Question

Every effective manager/leader will most likely face opposition within their own organization; however, in order to capitalize on the strengths and mitigate the weaknesses, an organization must first understand their key internal forces. An internal analysis is an opportunity for the employees within the organization to understand how what they do fits into the organization as a whole.

Using either Kroger or Nike, create an abbreviated IFE and EFE chart using the format below.

EFE -- Key External Factors

Opportunities

Weight

Rating

Weighted score

Threats

Weight

Rating

Weighted score

IFE -- Key Internal Factors

Strengths

Weight

Rating

Weighted score

Weaknesses

Weight

Rating

Weighted score

Once you have completed both charts from prepare a paragraph that discusses: (1) why you chose those strengths, weaknesses, opportunities and threats and (2) what the weighted IFE and EFE scores mean for that organization from a strategic planning point of view.

Offer supporting rationale for your explanation and be sure to reference your statements using proper APA formatting.

Opportunities

Weight

Rating

Weighted score

Threats

Weight

Rating

Weighted score

Explanation / Answer

For Nike company the following can be external factors and internal factors

Opportunites

the reason for choosing developing countries is that there will be less competition and more incentive if it penitrated first.

currently Nike is having its products in footware, apparel, accessoires and services, apart from these there is a wider scope for diversification in the field of sports.

being a global leader Nike can easily cut its competition from a well established local vendor in the vertical it is operating either by merger or by acquisition

Threats

there can be a price cut war from the domestic or local market as a reason it poses threat to the company and it is an external factor that is out of the control of the company

while trying to introduce a new product into the market it the costs associated will be high in terms of sample or other indirect expences

in an developing or under-developed countries there can be an unstability in the Government which can lead to losses

Strengths

Best Practices, over the years Nike has been known for the best internal practices of the company

With in the industry in which Nike operates, the financial strenght it has is known through its fiancial statments and the price at which its stocks trade

Nike is well known for its R & D

Weakness

In trying to attain best practice, there are some rigid systems in Nike which in a way hinders employees creativity and growth.

Expanding its process Nike is using excess of funds available

The weighted scores help the management in formulating a strategy on how to imporve the weakness and how to mitigate threats.

EFE--Key External Factors Opportunities weight rating weighted score Developing countries 20 4 80 Diversification 15 4 60 Mergers/ Acquisitions 8 2 16 Threats weight rating weighted score Domestic Markets 20 4 80 Cost of Introducing 15 2 30 Political Instability 15 4 60

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