An Organization Should Approach All Tasks With The Idea That They Can Be Accomplished In A Superior Fashion
An organization capability refers to the way systems and people in the organization work together to get things done. The way leaders foster shared mindsets, orchestrate talent, encourage speed of change, collaborate across boundaries, and learn and hold each other accountable define the company's culture and leadership edge.
The firm’s ability to manage people
to gain competitive advantage.
• focuses on internal processes and systems for meeting customer needs
• creates organization-specific competencies that provide competitive advantage since they are unique
• ensures that employee skills and efforts are directed toward achieving organizational goals and strategies
A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product.
EXAMPLES
The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI).
OSHA standards are generally legally binding for an employer,
while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers.
“ Value Chain Analysis (VCA) is a process where a firm identifies its primary and support activities that add to its final product and then analysis to reduce costs or increase differentiation.”
“ Value Chain represents the internal activities a firm engages in when transforming inputs into outputs.”
Organizational Appraisal is the process of monitoring an organization’s internal environment to identify strengths and weaknesses that may influence the firms ability to achieve GOALS. It include identifying strengths and weaknesses.
A document issued by a recognized agency, and dealing with design and safety requirements relating to a specific product.
EXAMPLES
The U.S. Occupational Safety and Health Administration (051-IA) and the American National Standards Institute (ANSI).
OSHA standards are generally legally binding for an employer,
while ANSI standards are generally of an advisory nature. set industry standards with input from industry representatives and consumers.
A measurement of the quality
of an organization's policies, products, programs, strategies, etc., and their comparison with standard measurements, or similar measurements of its peers.
3. INTERNAL APPRAISAL
Internal appraisal means to evaluate the firms
own capacities and to meet the requirements of
existing activities efficiently and effectively and
also to meet the challenges or threats indicated
on the basis of external appraisal.
It further identifies the strengths, weaknesses,
and resources of the company
4. PURPOSE
Stands in capabilities and strength & weakness.
Opportunity to be tapped in line with its capability.
Match the objective in line with its capability.
Assess the capability gap.
Select the specific line in which it can grow.
4
5. HOW TO ANALYSIS?
Assessment of the strength
and weakness
Appraisal of status and health
Identity and assess
competitive advantage.
5
7. STRENGTH AND WEAKNESS
TATA IBM LMT
Strength -
excellent workstation
high brand equity
largest buyers of software
Weakness –
Late entry into the market
Limit market reach
Slow in decision making 7
8. TECHNIQUES FOR ANALYSING STRENGTH
& WEAKNESS
MARKETING
FINANCE
HUMAN RESOURCE
INFORMATION
MANAGEMENT SYSTEM
8
9. MARKETING
It is a communicating the value of a product,
services or brand to customers, for the purpose of
promoting or watching that product, services, or
brand.
low prices as compare to similar products in the
market
Effective sales promotion
Effective distribution system
Better quality product
High quality customer service
9
10. MARKETING
Marketing audit
Market share analysis
Product line profit analysis
Brand monitoring surveys
Consumer satisfaction index
Analysis of price and volume relationship
10
11. FINANCE
Access to financial resources
High level of credit worthiness
Amicable relationship with financial institutions
High level of shareholder confidence
Tax benefits due to various govt. policies
11
12. HUMAN RESOURCE
Genuine concern for HRM and development
Efficient and effective personnel system
Excellent training opportunities and facilities
Congenial working environment
Highly satisfied and motivated workforce
Low level of absenteeism
High level of organizational loyalty
12
13. INFORMATION MANAGEMENT SYSTEM
Ease and convenience of access to information
sources
Computerized information system
Use and availability of high tech equipment
Positive attitude to sharing information
Foolproof information security system
13
14. 2. STATUS AND HEALTH
Trends of result
Risk
Manufacturing activity
Organization and Management structure
Financial resources
Use of resources
Skills and technology
14
15. 3.COMPETITIVE ADVANTAGE
It is a special case of strategic advantage where
there is one or more identified rivals against whom
the rewards or penalties could be measured
So out performing rivals in profitability or market
standing could be competitive advantage for an
organization
15
16. EXAMPLES
Nestle CA through “brand power”
VIDEOCON acquire CA through integration
CA through alliance
Kotak Mahindra alliance with bank of Mathura
16