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Organizational Appraisal and Capability Factors Dynamics Evaluation: Implications for Strategy Formulation Perspectives

Journal: IMPACT : International Journal of Research in Business Management ( IMPACT : IJRBM ) (Vol.8, No. 10)

Publication Date:

Authors : ; ;

Page : 39-54

Keywords : Organizational Appraisal; Capabilities Factors; Functional Strategies; Firms Sustainability; Competitive Advantages; Strategy Formulation; Competencies;

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Abstract

The study critically examined organizational appraisal, which simply involves the assessment of functional areas policies and strategies. The focus on appraisal and diagnosis of the external environment enables the firm to think of what it might choose to do, as well as determining which opportunities and threats could be significant to the company in the future. On the other hand, and elatedly, the focus on the appraisal and analysis of the internal environment dynamics will also enable the firm to decide about what it can do, using the strength to exploit opportunities which can help the firm's development of strategic advantage.

Last modified: 2021-04-22 20:03:08