question archive Your CEO wants you to propose the direction of the organization and you need to assess current state of the organization
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Your CEO wants you to propose the direction of the organization and you need to assess current state of the organization. Which is better, Porter's five force or SWOT and why? (This is not an opinion question, do your research, and use the research to support your argument) r
SWOT is the best way to propose company direction or redirection, because SWOT is simple, and it brings to attention the various issues of the company (strengths weakness opportunity and threat) these are a guide-point in restructuring the company, as this addresses what the company lacks, reduces risks for the present and future and opens up opportunities for continued success.
Step-by-step explanation
My knowledge of SWOT was obtained during my MBA and I fully support this style for redirection, I have included an article to support this claim, https://www.careeraddict.com/why-swot-analysis-is-important-for-your-business this will be useful for your reference and helpful in helping you find better understanding as to why I obtained this conclusion.