Tuesday, October 8, 2019
Internal Analysis Essay Example | Topics and Well Written Essays - 1250 words
Internal Analysis - Essay Example Weaknesses of Stilsim: The determination of the internal strengths and weaknesses will help in the analysis of the firm and in identifying the value chain activities. There are a plethora of weaknesses that strike the company's internal processes and some of major ones are mentioned here. There are some basic problems with the leadership of the company. The higher level of the company is faced with lack of communication and information dessimination. Although, Bill Simmons, the CEO of the company is extremely competent and experienced, the rest of the leadership is the contrary. Due to the lack of communication, other business processes are affected as information is not circulated on time. There are three offices that function in three different areas, the information between the three locations are not circulated. This lack of information makes the branches work independently with hardly any synchronization. Adding to the weakness is with the corporate culture of the company. There issue is with the absence of focus among the employees of the company. There is no investment over the development of employees and their skills, there are no trainings provided. The company works on old-fashioned work practices and the employees perform repetitive tasks without any variations or enrichment. Employee guidelines and their job descriptions are not formally documented. As a result of these factors, the employees are not well motivated and satisfied. They do not feel a sense of belonging to the company and have rare understanding of the business value. The lack of employee loyalty also creates demoralization and rivalry among the employees. With the passage of time and the advent of information technology, businesses have to keep up to date with the technological evolutions and maintain their systems in accordance with the advancements in technology in order to gain and maintain a competitive edge. One of the significant weaknesses found with Stilsim was with its techn ological implementations. Most of the systems were old and obsolete. The company does not have temporary methods of work and management which makes causes a great hindrance while competing with other companies. Strengths: The major strength of Stilsim lays in its vast experience of two and a half decades in the industry. Despite the weaknesses, the fact remains that Stilsim has been around for the longest time and by the nature of the business, this is a significant strength. There are loyal customers that have been seeking services from Stilsim and refer the company to others. The experience has led Stilsim to develop a vast network in the industry and even though the employees are not fully satisfied, they are highly experienced as they have been serving the company for a long time. Value Chain Analysis As described before, the value chain comprises of the activities that add value to the end product of the company and help it develop a competitive advantage. According to Porterâ â¬â¢s Generic value chain, the primary activities in the value chain of an organization include inbound logistics, operations, outbound logistics, marketing & sales and service respectively. The support of the activities is through the infrastructure of the firm, the human
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