Competency 1
Working in business management means taking on the
responsibility to lead your organization in a variety of situations. Part of
that responsibility is understanding where an organization has been and where
it’s going.
In this course, you will put yourself in the shoes of a
manager and use resources to make decisions on where an organization is heading
in respect to business needs, organizational structure, leadership strategies,
and change management.
Some of the information needed will be easy to locate, but
other information will take time and effort to find. You may even need to make
assumptions based on research. These research and strategizing skills will be
useful in your business management career.
Your goal is to demonstrate your mastery for the Competency
listed below.
Competency Statement
Using SWOT analysis, the MBA candidate will be able to
evaluate competitive advantage and present a proposal for adapting to changes
in the global business environment.
Competency
Analyze the needs of organizations within a changing global
business environment.
Learning Objective (LO)
LO1 – Differentiate the 4 functions of management.
LO2 – Examine the factors involved in creating strategic
business objectives.
Competency Assessment Description
In this assessment, you will evaluate the strategic needs of
a company within a changing global environment.
Assessment Information
You will be able to submit the assessment after completing
the Competency 1 reflection. Make sure to include your name in the upper left
corner of each file.
Download and Review the Rubric!
Download and save Competency 1 Assessment Rubric and use it
as a guide when completing your assessment.
Assessment Directions
Managers at each level of the organization use SWOT analysis
to identify strategies that will best position the company to achieve its
mission and goals.
The first step in a SWOT analysis is to identify and
describe an organization’s strengths and weaknesses that characterize the
present state of the company. The next step requires managers to identify
potential opportunities and threats in the environment that affect the
organization in the present or possibly in the future.
When the SWOT analysis is complete, managers begin
developing strategies. These strategies should allow the company to attain its
goals by taking advantage of opportunities, countering threats, building
strengths, and correcting organizational weaknesses. Complete steps 1 and 2
below.
Step1: select an organization
Congratulations! You’ve been hired as a manager and have
been asked to analyze the current status of your organization.
Review Bank Of China Ltd. SWOT Analysis the Business Source
Complete: SWOT Analyses list.
Step 2 : organizational analysis
Review your organization’s SWOT analysis and other available
sources to evaluate the strategic needs of the organization within a changing
global environment.
Complete the Organizational Analysis worksheet for your
evaluation.
Note: This type of information is often found in the
organization’s annual report.
Last Completed Projects
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