Preview

Week 3 internal and external analysis

Best Essays
Open Document
Open Document
1606 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Week 3 internal and external analysis
Week 3 External and Environmental Analysis
Michael Buemi
STR/581
University of Phoenix

The organization that I will research is private protection and training company known as Academi, LLC. Academi, LLC is the former “Black-Water” and “Xe” corporation that is renamed and reorganized. Acedmei LLC specializes in training and protecting other private companies, government agencies, people, assets, and natural resources.
Validation of the organization’s vision, mission statement, and values statements is a process that is living objective and constantly needs reassessed. The CEO and other key positions in the company must review annual and quarterly reviews to ensure the company is meeting short and long term goals. These reviews allow the company asses and realign with the pre-established strategic plan. The company’s mission should address what product or service is produced, how and why its produced, the market that is served, and overall the beliefs of the company. The mission statement should be constantly reviewed to ensure that mission reflects the company’s current status and core competencies. The company’s core management will semi-annually review these statements and provide them to the executive board for approval and changes. The external environment can be separated into three interrelated categories: remote environment, industry environment, and the operating environment. To utilize sources when analyzing the external environment, you must understand each sub category. The remote environment focuses on exploiting and analyzing economic, social, political, technological, and ecological factors. Each factor has to be addressed and prepared for. The industry environment focuses on the competition in other industries. My strategic plan involves to identify threats and opportunities in my competitive industry. Understanding that threats can increase my cost and opportunities can create future profits and critical to my companies



References: Pearce, J. A., & Robinson, R. B. (2011). Strategic management. Formulation, implementation and control (12th ed.). Upper saddle River: Prentice Hall. Johnston, David; John M. Broder (November 14, 2007). "F.B.I. Says Guards Killed 14 Iraqis Without Cause". The New York Times. Retrieved February 16, 2015. Academi. (n.d.). Retrieved February 17, 2015, from https://www.academi.com/

You May Also Find These Documents Helpful