A SWOT Analysis is often used by businesses and organisations in their strategic planning process. In order to devise an effective strategy, organisations need to understand their own situation and the world around them through an objective analysis or ‘reality check’. This involves an Internal Analysis of the organisation and an External Analysis of the …
Tag: opportunities and threats.
PEST Analysis improved: The ICEDRIPS checklist
Creative enterprises can use the ICEDRIPS checklist to identify opportunities and threats in a fast-changing world. All businesses and organisations operate in a changing world and are subject to forces which are more powerful than they are, and which are beyond their control. Just as a ship at sea is subject to powerful natural forces …
Level 5 Leadership
The best leaders are not always ‘charismatic’. “Level 5 leaders channel their ego needs away from themselves and into the larger goal of building a great company. It’s not that Level 5 leaders have no ego or self-interest. Indeed, they are incredibly ambitious – but their ambition is first and foremost for the institution, not …