Professional Documents
Culture Documents
Strategic Management Nelson B.
Strategic Management Nelson B.
Strategic Management Nelson B.
I. BACKGROUND
II. PROBLEM
Lack of communication and new product ideas between the manufacturing and sales
departments,morale was at an all time low and employees were actively seeking other
jobs.
III. OBJECTIVE
Strengths Weaknesses
Strengths Weaknesses
COST BENEFITS
ACA 1
Neutralize employees dedication to their Cost of time the employees Benefits of having
work together with the company’s broad must accord to their work employees trust and loyalty
foundation to the industry in the company for the company
ACA 2
Make use for the opportunities that Cost of procedures need to Company’s advantage to
company has to offer and must conquer have newly and well arise again
weaknesses that affect the company planned strategies
ACA 3
Cost of materials to be Advantage of having high
Creating new high quality innovative used for new products quality new products
products that will attract customers
ACA 4
Being a good manager is not attained through leading and ordering other people but rather by
creating a system of conditions beneficial for the company due to people working well together
in achieving company goals. Developing relationships with one another is of key importance. No
man can win alone. Likewise, no organization can exist without the unity of its members.
Managers must develop personal relationships with the people they work with. Establishing
good relationships motivates people to work hard in achieving organization goals. Success can
be found in people working together. Also, it is very important for managers to gather
information from different views and to know when to accept and how to plan and to implement
change. Using various skills, a manager must be innovative enough to improve work
performance among its members. As Clayton G. Orcutt, “Change itself is not progress, but
change is the price you have to pay for progress.” Empowerment not only aims to motivate
employees but also allow them to further their conceptual way of thinking for innovation and be
responsible and capable members of Elektra Products, Inc.
A CASE STUDY OF SIA CORPORATION
SIA CORPORATION
II. PROBLEM
Employees are having trouble using the advanced technology system in executing their
III. Objectives
Discover the different techniques to utilize the employee's attainment to their task
that will make them convenient and meet their skills in advanced technology.
STRENGTH WEAKNESSES
INTERNAL
FACTORS 1. It is an umbrella 1. Lack of employee’s
organization that engagement to the easy -to-
provide insurance use system
EXTERNAL services to wide 2. Difficulty in adapting a far-
FACTORS selection of customers reaching change in style of
2. It has 30 separate management.
business units having
strong top-down
administration
OPPORTUNITIES ACA1 ACA2
1. The administration must 1. Administration must
1. Having a new allow employees to encourage the employees
easy-to-use understand the political, who have lack of knowledge
software to economic, social and of advance technologies
promote wider technological methods of
communication the company
and knowledge
sharing of the
employees by
simply posting
queries
2. Alteration from
upper level
management to
collaborative
chamber.
V. SWOT MATRIX
STRENGTH WEAKNESSES
INTERNAL
FACTORS 1. It is an umbrella 1. Lack of employee’s
organization that engagement to the
provide insurance easy -to-use system
services to wide
selection of 2. Difficulty in adapting a
customers far-reaching change in
EXTERNAL 2. It has 30 separate style of management.
FACTOR business units
having strong top-
down
administration
ACA4
ACA2 4. Each office must have
2. Administration must to be trained in order
encourage the for them to relate with
employees who their employees.
have lack of
knowledge of
advance
technologies
ACA2
ACA4 8. Administration must
7. Each office must have encourage the employees
to be trained in order for who have lack of knowledge
them to relate with their of advance technologies
employees.
VI. COST AND BENEFITS
ACA1
ACA2
ACA3
The highly disputative state of the insurance industry requires SIA to change its business
belief that encourages the development of individual levels of expertise because, in the industry,
teamwork is important in enhancing creativity. Also, SIA needs to change its philosophy so that
it can embrace teamwork because teamwork increases opportunities for development and
acquisition of new skills, increases the rate at which a team achieves its objectives and provides
The accessible forces that influence SIA’s decision to be a learning institution are the nature of
the learning industry, associated costs and benefits, and the risks involved. Its entry into the
learning industry becomes impossible if there are several legal or commercial barriers that can
hinder its entry. The costs have to be affordable and the benefits favorable for it to operate
smoothly. Besides, the risks of its conversion to a learning institution need to be minimal with