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Tows matrix.....useful for all......
Dear all found on net...its interseting so sharing with u all.. enjoy reading : link is also given :the tows matrix going beyond swot analysis using the tows matrix developing strategic options from an externalinternal analysis tows analysis is a variant of the classic business tool swot analysis. tows and swot are acronyms for different arrangements of the words strengths weaknesses opportunities and threats. by analyzing the iexternal environment/i threats and opportunities and your iinternal environment /iweaknesses and strengths you can use these techniques to think about the strategy of your whole organization a department or a team. you can also use them to think about a process a marketing campaign or even your own skills and experience. our article on swot analysis helps you perform a thorough analysis. at a practical level the only difference between tows and swot is that tows emphasizes the external environment whilst swot emphasizes the internal environment. in both cases this analysis results in a swot or tows matrix like the one shown below: trengths weaknesses opportunities threats in this article we look at how you can extend your use of swot and tows to think in detail about the strategic options open to you. while this approach can be used just as well with swot as tows it s most often associated with identifying strategic options swot or tows analysis helps you get a better understanding of the strategic choices that you face. remember that "strategy" is the art of determining how you ll "win" in business and life. it helps you ask and answer the following questions: how do you: list make the most of your strengths? circumvent your weaknesses? capitalize on your opportunities? and manage your threats? next step of analysis usually associated with the externallyfocused tows matrix helps you think about the options that you could pursue. to do this you match external opportunities and threats with your internal strengths and weaknesses as illustrated in the matrix below: strategic alternatives matrix xternal opportunities o 1. 2. 3. 4 external threats t 1. 2. 3. 4. internal strengths s 1. 2. 3. 4. i"maximaxi" strategy trategies that use strengths to maximize opportunities. st i"maximini" strategy trategies that use strengths to minimize threats internal weaknesses w 1. 2. 3. 4. i"minimaxi" strategy/i strategies that minimize weaknesses by taking advantage of opportunities. wt i"minimini" strategy trategies that minimize weaknesses and avoid threats this helps you identify strategic alternatives that address the following additional questions: list strengths and opportunities so how can you use your strengths to take advantage of the opportunities? strengths and threats st how can you take advantage of your strengths to avoid real and potential threats? weaknesses and opportunities wo how can you use your opportunities to overcome the weaknesses you are experiencing? weaknesses and threats wt how can you minimize your weaknesses and avoid threats? ip: when you have many factors to consider it may be helpful to construct a matrix to match individual strengths and weaknesses to the individual opportunities and threats you ve identified. to do this you can construct a matrix such as the one below for each quadrant so st wo and wt. matrix s1 s2 s3 s4 o1 o2 o3 o4 this helps you analyze in more depth options that hold the greatest promise. note any new alternatives you identify on the tows strategic alternatives worksheet. key points: the tows matrix is a relatively simple tool for generating strategic options. by using it you can look intelligently at how you can best take advantage of the opportunities open to you at the same time that you minimize the impact of weaknesses and protect yourself against threats. used after detailed analysis of your threats opportunities strength and weaknesses it helps you consider how to use the external environment to your strategic advantage and so identify some of the strategic options available to you.
Cross culture management for hr
Hi i would like to know about cross culture management request to help.
Leadership styles in cross culture environment
hi i am puja doin my internhip at hyundai chennai n my topic is on leadership stlyes in cross culture environment...cud anyone pls help me with finding some info on this particular topic. i have a presentation this thur..pls
Training module on indian culture
Hello : i have to design a training module on indian culture as part of the cross culture sensitization training for new international recruits at our firm as part of my summer project.i am looking for all sorts of helpideassuggestionsmater ialanything is welcome : hear from all you members soon. sarika
What is cross culture? i am into recruitment and dont know much about hardcore hr things
Dear all i am into recruitment and dont know much about hardcore hr things. can any body tell me what is cross culture in hr. it s very urgent.
Threats to organizations
Hi all one of the nightmares that all the organizations are facing today is how to avoid the various frauds when we are most of the times surrounded by conmen and swindlers. kindly give your views on the same and also advise if there are any means thru which one could beware or overcome such threats to the organization. regards muskaan.