This course is part of the How to Create and Implement a Business Strategy ExpertTrack
Internal Analysis of a Company: From Value Chain to SWOT Analysis
Determine your strategic capabilities and learn successful strategies for conducting internal environment analysis.
Duration
2 weeksWeekly study
5 hours100% online
How it worksIncluded in an ExpertTrack
Course 2 of 5
Internal Analysis of a Company: From Value Chain to SWOT Analysis
Explore internal analysis in a business strategy context
How does internal analysis play a pivotal role in the success of a business?
This short two-week course will show you how internal analysis tools can have a positive impact on a company’s strategy and decision-making.
Unlock the strategic direction and capabilities of your company
In this course, you’ll look at the value chain and explore how value is created or lost, and learn why strategic capabilities are so important. You’ll have the opportunity to consider why some organisations outperform others and you’ll explore what internal resources and competencies can be implemented to establish a solid base for building a powerful business strategy.
Build your understanding of intangible and tangible assets (also commonly called physical assets) and resources, and look at the industry life cycle of a business – from start-up and growth to maturity and decline.
Explore how to do a SWOT analysis
Micro analysis can hold the key to revealing an organisation’s internal potential in terms of competency, cost position and competitive viability in the marketplace.
Conducting an internal analysis often incorporates measures that provide useful information about a company’s strengths, weaknesses, opportunities and threats – a SWOT analysis. It’s a simple yet widely used tool to help give a company the edge over its rivals.
You’ll also be introduced to the concept of frameworks, including the industry life cycle, and explore organisational goals and how they can be implemented.
Syllabus
Week 1
Micro Analysis
Welcome back to the course
We introduce globalisation and competitive business with Plato's Allegory of the Cave. We then explore Porter's 5 Forces, industry life cycle and strategic group analysis. Finally we will reflect on what we have learned this week.
Introduction to the frameworks
The 5 Forces framework was first advocated by Michael Porter, later extended and further developed by other scholars. The framework is the fundamental tool to evaluate the competiveness of an industry.
Industry life cycle
Industry life cycle analysis is part of a fundamental analysis of a company, involving the examination of the stage an industry is in at a given point in time.
Strategic group analysis
Explore strategic group analysis as the characteristics that businesses compete against within a similar business type. Carry out an analysis of the market share within the scope of the hotel business market.
Summary activities
The Micro analysis frameworks introduced above allow us to understand an industry’s profit potential. But how can a firm gain competitiveness advantages in a highly attractive industry?
Week 2
Organisational Goals and Value
Welcome back to Week 2
This week you will explore the following themes in more depth: resource, competencies, competitive advantages, sustainable, value chain and outsourcing. We start by looking at one of the fastest growing fashion brands, Zara.
Strategic capabilities
Explore Strategic Capability in the following topics: value chain analysis, non-imitable resources. We explore the themes around competencies and competitive advantages between different firms competing against each other.
Value chain
You will learn how to diagnose strategic capability by measuring the values worth and understand how value is created or lost in terms of the activities undertaken.
Summary activities
Check your understanding by participating in the quiz and reflecting on your learning so far. Here you will be able to share your reflections and thoughts as you progress through the module.
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Learning on this course
On every step of the course you can meet other learners, share your ideas and join in with active discussions in the comments.
What will you achieve?
By the end of the course, you‘ll be able to...
- Discuss the nature and importance of internal analysis
- Explain how tangible and intangible resources impact an organisation’s strategy
Who is the course for?
This ExpertTrack is designed for intermediate-level business managers and students to gain more knowledge about strategy and globalisation. This course aims to equip you with the concepts, framework and techniques needed for better environmental scanning.
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