Evaluating a Company’s Resources, Capabilities, and Competitiveness

Evaluating a Company’s Resources, Capabilities, and Competitiveness

1. How well is the company’s present strategy working?

The company’s current strategy can be evaluated through the identification of a competitive approach, determination of competitive scope, identification of the operational strategy, and investigation in the current strategic moves. Some indicators can be used to assess if the strategy of the company is working, which includes the increase in the sales and revenue of the company, the retention of the customers, and the customer acquisition rate.

2. What are the company’s most important resources and capabilities, and will they give the company a lasting competitive advantage over rival companies?

The company’s resources and capabilities are an indication of competitive assets. It evaluates the competitiveness and the capability of the company to make it in the market place. The firm’s strategy is dependent on the growth of the sustainable competitive advantage against its competitors.

3. What are the company’s strengths and weaknesses in relation to market opportunities and external threats?

The company’s SWOT analysis is the most powerful tool in identifying its abilities and limitation. The internal strengths would enable the company to know where it is good at conducting its activities; hence it is market place competitiveness, whereas the weakness gives the deficiencies of the organization. The opportunities provide the company with information on the success chances it has and how to shield itself against the threats.

4. How do a company’s value chain activities impact its cost structure and customer value proposition?

A company’s value chain identifies the essential exercises and related help exercises that make client esteem. The higher an organization’s expenses are over those of close opponents, the more competitively defenseless the organization becomes.

5. Is the company competitively stronger or weaker than key rivals?

High weighted strengths in competition evaluations signal a solid rivalry position and ownership of the upper hand; low appraisals signal a weak position and serious hindrance. The company’s competitive strength can be assessed by evaluating the rank of the company in relation to the competitors.

6. What strategic issues and problems merit front-burner managerial attention?

It is incorporating a stress rundown of issues cases a motivation of vital issues that merit prompt managerial consideration. The company should have a list of the potential challenges that it ought to experience as a way of solution-finding. The best strategy should have the methods through which the obstacles and strategic issues that block the company’s way to success are overcome.