Page 191 - CL Armchair Case
P. 191

The                   Check the status of  Don’t                     All industries

                 industry              the industry. Is it         assume that  are in a state
                                       mature or
                                                                   the industry  of flux as
                                       developing? Check  is static.                  growth is
                                       where the                                      affected by
                                       company fits in                                changes and
                                       within the industry.                           influences that
                                                                                      are constantly
                                                                                      emerging.



                 Key                   Identify the people  Don’t                     Organisational

                 players               who influence the           assume that  structure will
                                                                   power lies
                                                                                      provide  a
                                       decision making .
                                                                   with the           chart of the
                                                                   CEO.               managerial
                                                                                      positions but
                                                                                      you may have
                                                                                      to work out
                                                                                      who has the
                                                                                      real power.



                 SWOT                  Use appropriate             Do not             SWOT
                                       diagnostic tools.           simply use a  analysis is
                                       Start with a SWOT           SWOT on its  only one
                                       and build from              own. Don’t         element in
                                       there.                      over               diagnostic
                                                                   populate the  interpretation.

                                                                   SWOT as            Use whatever
                                                                   some               tools you think
                                                                   elements will  are important
                                                                   not be             to your
                                                                   critical.          analysis.



                 Identify              Identify and                Do not             Key issues

                 key                   prioritise the key          mistake            generally
                                                                   problems for  have to be
                                       issues facing the
                 issues                organisation.               issues.            tackled
                                                                                      immediately
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