Develop both an external factor evaluation (EFE) matrix and an internal factor evaluation (IFE) matrix for a chosen organization, and write an analysis of the pros and cons and applications for use of each of these analytical tools.IntroductionAn EFE matrix summarizes the results of an external audit. Using an IFE matrix to identify and prioritize internal factors fosters communication across functions and allows functional employees to articulate their concerns about the organization’s business condition.
Assessment 2 instructions: efe and ife matrix | 4015 | Capella University – Minneapolis, MN
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Develop both an external factor evaluation (EFE) matrix and an internal factor evaluation (IFE) matrix for a chosen organization, and write an analysis of the pros and cons and applications for use of each of these analytical tools.IntroductionAn EFE matrix summarizes the results of an external audit. Using an IFE matrix to identify and prioritize internal factors fosters communication across functions and allows functional employees to articulate their concerns about the organization’s business condition. An EFE matrix, an IFE matrix, and a SWOT analysis, which identifies the internal strengths and weaknesses and the external opportunities and threats to an organization, are often completed together.Because of increased turbulence in business markets, an external audit is an important part of strategic management. An external audit includes collecting and evaluating information about competitors, technology, and legal, governmental, political, environmental, demographic, cultural, social, and economic trends in the marketplace. Organizations must empower their employees to identify, monitor, forecast, and evaluate external forces. Failure to do so might mean missed opportunities or ineffective strategies. It is important to use the Internet and information technology to gain information about the competition. Using an external factor evaluation (EFE) matrix and competitive profile matrix can help evaluate markets.Organizations also audit their internal strengths and weaknesses, including the major functional areas. The core operations of most organizations include management, marketing, finance, operations, research, and information systems. An internal audit helps ensure an organization’s health and may help establish competitive advantage and strengthen bottom-line performance. To do an internal assessment, strategists identify and evaluate internal strengths and weaknesses and formulate strategies for effectiveness. The process of doing an internal audit is an opportunity for employees throughout the organization to participate in choosing the future of the organization. Involvement in the process can energize and mobilize the enterprise.PreparationSelect an organization for which to create an external factor evaluation (EFE) matrix and an internal factor evaluation (IFE) matrix. Ideally, the company you choose will be a familiar one and one to which you have easy access, such as your place of employment or a company close to where you live. You may use the same organization for other assessments in this course.The following resources are required to complete the assessment.CAPELLA RESOURCESClick the links provided to view the following resources:
Using the EFE Matrix Template linked above, record the external factors, weights, ratings, and total weighted scores for your chosen organization. Once you complete the table in the template, discuss the pros and cons and applications for use of this analytical tool. You may record the written portion of the assessment in the template document, or you may create a separate document.
Using the IFE Matrix Template linked above, record the internal factors, weights, ratings, and total weighted scores for your chosen organization. Once you complete your IFE matrix table, discuss the pros and cons and applications for use of this analytical tool for the organization. In addition, propose strategies that address the following. You may record the written portion of the assessment in the template, or you may create a separate document.
What do you think would allow the organization to capitalize on its strengths?
What do you think would allow the organization to improve upon its weaknesses?
What are potential issues for stakeholders in their functional areas?
Additional Requirements
Written communication: Written communication is free of errors that detract from the overall message.
APA formatting: If you use sources, ensure that resources and citations are formatted according to current APA style and formatting guidelines.
Font and font size: Times New Roman, 12 point.
Competencies MeasuredBy successfully completing this assessment, you will demonstrate your proficiency in the following course competencies and assessment criteria:
Competency 1: Evaluate key elements of the strategic planning process.
Develop an EFE matrix that includes factors, weights, ratings, and total weighted scores.
Develop an IFE matrix that includes factors, weights, ratings, and total weighted scores.
Competency 2: Analyze issues associated with stakeholders in the strategic planning process.
Interpret how the organization can capitalize on strengths.
Interpret how the organization can improve on weaknesses.
Illustrate potential issues for stakeholders in the functional areas.
Competency 3: Apply a sequential process for developing and implementing strategies, goals, objectives, and tactics as part of the strategic plan implementation.
Discuss the pros and cons and application of each of the analytical tools.
Identify an organization to study. I recommend using your network when approaching a company. Using a company, you are currently working or recently worked for is a great idea. If this is the case, you can use yourselves as one of the interviewees. You will need to conduct a total of three interviews with current or former employees of this organization. Interviewing someone from HR is desirable, but not required. The interviewees need to be knowledgeable about the topic you study. Note that having all interviewees from the HR department is not necessarily a good strategy, as their view of performance management and reward systems is often more positive relative to that in other departments.
Organization: Nike
1. Identify an organization to study. I recommend using your network when approaching a company. Using a company, you are currently working or recently worked for is a great idea. If this is the case, you can use yourselves as one of the interviewees. You will need to conduct a total of three interviews with current or former employees of this organization. Interviewing someone from HR is desirable, but not required. The interviewees need to be knowledgeable about the topic you study. Note that having all interviewees from the HR department is not necessarily a good strategy, as their view of performance management and reward systems is often more positive relative to that in other departments.
2. Choose a topic. Topics are listed below. Your chosen topic should fit the organization you are studying. For example, if you are studying incentives, you should study an organization that actually uses incentives. If your topic is performance reviews, the company in question must have a structured performance review system in place.
List of Topics: Benefits
· Incentives (Describe the financial incentive systems in place in the company, provide a critique of strengths and limitations, along with your recommendations). Note that incentives have a specific definition in this course. Incentives are programs that tie pay to individual, group, and/or organizational performance. This is different from benefits, and different from the dictionary definition of incentives.
· Benefits (Describe the discretionary benefits in place in the company as it is experienced by employees, provide a critique of strengths and limitations, along with your recommendations.) Note that in this course we are interested in benefits that are considered to be a person’s overall pay (e.g., 401k plans, health insurance, child care, tuition benefits etc) and not on the general benefits of working in a company (such as advancement opportunities). Your paper should focus on benefits as defined in this course.
3. Master your topic. In the final report, your job is to first describe what the company is doing, then analyze its strengths and limitations, and offer recommendations. In other words, your entire report will consist of a description of the companys activities (obtained from your three interviews and any other publicly available information about the company) and your recommendations. Before you go to the interviews, you need to master your topic so that you can create smart and meaningful questions. Start by reading the relevant sections from the book. I would also encourage you to read additional articles on the topic from outlets such as Harvard Business Review, SHRM website, Workforce, People Management etc.
4. Develop a list of questions. Your questions should attempt to uncover what the company is doing, as well as strengths and weaknesses of your chosen company in your topic of study. The purpose of these questions is to see whether the company is doing the things identified in your literature review, as well as what this company is doing right, and what can be improved. Avoid asking for sensitive or confidential information.
5. Research the company through interviews and other sources. You need to interview three current or former employees of your chosen company (one of them may be a team member). In addition, you may gather relevant information through the companys website, news articles, and any other sources.
Make sure that the responses of your interviewees are strictly held confidential. Do not attempt to gather information through surveys or via e-mail. Surveys do not give you the opportunity to expand on the answers and tend to contain brief responses, which leads to a superficial analysis of the organization of interest. Instead, I would like you to talk to the people in question and ask further questions to clarify answers. Zoom meetings are perfect for this.
6. Write up the paper. Most papers are around 12-15 pages, excluding the references and appendix. Use size 12 times new roman, with 1 inch of margins on all sides. (Double spaced). Please do not exceed 15 pages of text.
Paper Format
Your paper should roughly have the following outline:
Title page: Include the title of your paper, and names and e-mail addresses of all your team members.
Introduction: Provide an overview of your paper. This section should summarize the outline you will follow in the paper. (about half a page)
Company Information: Provide an overview of the company, and describe how you collected the information. Here, you should introduce the people you interviewed (their job titles, demographic characteristics: age, gender, position, tenure) while at the same time protecting their identity. (less than 1 page)
Findings: Describe what you learned as a result of the interviews and through other methods. If your topic is incentives at Nike, this section would discuss:
o What types of financial incentives does Nike have that link employee, team, or organizational performance to rewards?
o How do these rewards work? What are their strengths and limitations in motivating workers? What are the problems in their implementation?
Be sure to structure your findings in a meaningful way, using headings and subheadings. Please do not summarize your findings by interviewee. Remember that the project is not meant to read like a transcript of your interviews. Your goal is to provide a description of the system in place, along with its upsides and downsides, rather than summarizing what each person said during the interviews.
What matters in this section is to provide a complete coverage of what the company is doing, whether it is working, its strengths, and weaknesses. Everything you discuss in this section should relate to the company you are analyzing. Also, remember that perceptions define reality. Just because you think Nike does a good job with incentive management is not enough. What do the employees think? Do not assume that just because a company is successful, they must have an excellent system in place. Even successful companies have incentives, benefits, and performance review systems that fall much short of best practices, and there is always room for improvement.
Recommendations: Provide your recommendations based on your findings. What are they doing right and should they keep doing it? What are the problems you have observed or areas for improvement? Your recommendations should:
· Be logical and reflect an understanding of the best practices.
· Be feasible given the company.
· Be based on problems in the company you have observed and identified in the findings section.
· Be related to your chosen topic. In other words, if your topic is reward systems, your recommendations should target the reward system. Do not suggest changes in the job design in a paper dealing with reward systems.
Conclusion: It should be about a paragraph long.
Reference List: Provide a list of all the sources you used, if any. Note that you are not required to cite external sources, but if you do, please cite them and include full information in the references list.
Grading Criteria for the Project
· Timeliness of the project. If the project is submitted up to 24 hours late, it will be graded out of a B. If submitted 24-48 hours late, it will be graded out of a C. Beyond 48 hours, late submissions will not be accepted.
· Appearance:
o Does the paper look clean and professional?
o Is the paper mostly free from typos and grammar mistakes?
I will take out up to 10 points for problems in these areas:
Case study: Jeremy and Sandy, two nursing students holding patient files Many of their fellow students and a few faculty members follow their blogs. There is a growing audience of students in other programs in the United States and even internationally. One post they cowrite is critical of the BCMA system being used in the emergency department of one of their clinical sites. They are careful not to mention the facility by name but refer to examples of workarounds used there. In one instance, they mention a nurse who carried several patients barcodes on her belt and caused some confusion in treating three family members who were brought in following a motor vehicle crash. One of the blogs readers is married to one of the nurses who work in the facility, and he shows it to his wife. A faculty member emails Jeremy and Sandy, telling them to delete the blog post. Sandy obliges immediately. In what way could Jeremy and Sandy have used their blog in a better manner to provide constructive feedback about the BCMA system and the workarounds they observed? How do you think a family member or friend of the motor vehicle crash victims might have felt if they read the article? What about other members of the community where the hospital is located? Can you think of any other possible ramifications?
Choose one of the case study options to complete for this activity. Read the selected case study and answer the questions in a Microsoft Word document. Each response should be a minimum of 5 sentences in length, clear and concise, and use correct grammar.
Review each case study option and select the one you would like to complete.
Meet Jeremy and Sandy.
Jeremy and Sandy are nursing students in their second year of a baccalaureate nursing program. They both have an interest in emergency nursing and decide to start a blog. They call the blog Emergency Room Futures for Student Nurses and take turns writing posts about new information in emergency nursing and their aspirations and experiences.
Jeremy and Sandy, two nursing students holding patient files
Many of their fellow students and a few faculty members follow their blogs. There is a growing audience of students in other programs in the United States and even internationally. One post they cowrite is critical of the BCMA system being used in the emergency department of one of their clinical sites. They are careful not to mention the facility by name but refer to examples of workarounds used there.
In one instance, they mention a nurse who carried several patients barcodes on her belt and caused some confusion in treating three family members who were brought in following a motor vehicle crash. One of the blogs readers is married to one of the nurses who work in the facility, and he shows it to his wife. A faculty member emails Jeremy and Sandy, telling them to delete the blog post. Sandy obliges immediately.
In what way could Jeremy and Sandy have used their blog in a better manner to provide constructive feedback about the BCMA system and the workarounds they observed?
How do you think a family member or friend of the motor vehicle crash victims might have felt if they read the article? What about other members of the community where the hospital is located? Can you think of any other possible ramifications?
What course of action do you think the Dean of Nursing should take in response to this incident? Support your opinion.
Some observers express concern about high reelection rates for incumbent members of Congress and have advocated for term limits as a way to formally remove longtime members of Congress. Why do you think these proposals for term limits are being advanced? Are there advantages to having long-serving members of Congress in office (e.g., when dealing with an entrenched bureaucracy)? What do recent election cycles say about the need for term limits? Are there other ideas for systemic reform such that challengers are placed on a more equal footing with incumbents?
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Additional or lengthy responses may improve one’s grade.
Postings should analyze the issue as well as advance discussion and ponder possible connections to other issues or questions. Simply providing a textbook response will result in average grades. Students must demonstrate that they are able to go beyond textbook responses in order to demonstrate critical thinking and analytical skills.
Classmate responses must go beyond an “I agree with you” or “that’s a good point” type of response.
Responses must be supported by course materials or external sources provided by the student (i.e. links to other news or journal articles, websites). Make sure to cite ANY information you are using. If you are using the textbook, simply use the following format: (author, page number).
Some observers express concern about high reelection rates for incumbent members of Congress and have advocated for term limits as a way to formally remove longtime members of Congress. Why do you think these proposals for term limits are being advanced? Are there advantages to having long-serving members of Congress in office (e.g., when dealing with an entrenched bureaucracy)? What do recent election cycles say about the need for term limits? Are there other ideas for systemic reform such that challengers are placed on a more equal footing with incumbents?
Given that most presidential powers are delegated and informal, the presidents ability to shape American politics is largely contingent on public support. To what extent do flagging political support or declining poll numbers hamper the presidents ability to lead Congress and the nation? Are there areas where this fact will be of little consequence? Discuss the suitability of public opinion polls for conferring a mandate on the president.
Consider the positive and negative effects of profit in the context of several different areas of public bureaucracy. What is gained and what is lost by privatizing functions such as education policy, trash removal, criminal incarceration, and national defense? How might privatization affect the constitutional rights of citizens who deal with the private companies?
What are the positive aspects of wind energy? Explain at least 5 of them. 2. Identify the worlds largest three wind turbines built and their key characteristics (Location, Power, blade dia etc) 3. Write an equation to find power from a wind turbine. Explain each parameter in it. 4. What is the meaning of this equation
1. What are the positive aspects of wind energy? Explain at least 5 of them.
2. Identify the worlds largest three wind turbines built and their key characteristics (Location, Power, blade dia etc)
3. Write an equation to find power from a wind turbine. Explain each parameter in it.
4. What is the meaning of this equation
5. For a turbine with 160 m of wing (blade length) produces 7 MW or power. What would be the air velocity to generate this power?
6. Derive an expression for Betz limit. What is the maximum mechanical efficiency possible from a wind turbine?
7. What is the relation between ground wind speed, height, and wind speed at a certain height?
8. IF the ground wind speed is 5 m/sec. Estimate wind speed at the height of 250 m. In this case, what would be the power generated if we use a blade of 160 m.
9. Explain the terms a) lift b) drag c) solidity d) turbulence in relation to Wind turbines.
10. What are the major considerations in the design of a wind turbine (watch the video and explain how each parameter influences wind power)
11. Explain how wind energy reduces emissions from the atmosphere?
12. What are HAWT and VAWT?
13. With a small diagram, explain key components of a wind turbine.
14. What are the advantages and disadvantages of VAWT
15. What rated the power of a turbine and rated wind speed?
16. Explain the operating regimes of a wind turbine and the control strategy in each
17. Calculate the diameter for a 7.5MW wind turbine blade
18. What is the tip-speed ratio of a turbine?
19. Why do larger turbines rotate slowly (at optimum tip-speed ratio)
20. What is the connection between the tip speed ratio and the number of blades?
21. Optimally, how long would it take the 3-bladed 5 MW monster turbine to complete one revolution? The blade diameter is 145 m. (Assume a rated wind speed of 11 m/s.)
22. List 5 advantages and 5 disadvantages of wind turbines
This will be the complete submission of your project and implementation plan. You will need to defend and support your final work to the CEO and board. Improve all previous project submissions based on graded feedback. Then assemble them into a final plan with a summary that advocates for your position. Think of this as making the final sale to a customer. Why should the CEO and board accept this as the best solution? What will the company gain by implementing this solution? How will we ensure that the solution is sustainable?
This will be the complete submission of your project and implementation plan. You will need to defend and support your final work to the CEO and board.
Improve all previous project submissions based on graded feedback. Then assemble them into a final plan with a summary that advocates for your position. Think of this as making the final sale to a customer. Why should the CEO and board accept this as the best solution? What will the company gain by implementing this solution? How will we ensure that the solution is sustainable?
Along with your final deliverable, create a PowerPoint presentation containing 7-10 slides that you would use to present your findings at a board meeting.
Discuss two sexual dysfunctions that you think would be the most difficult to deal with. Explain your rationale and include text evidence. Are there any treatments that go against your cultural, ethical, or religious beliefs? Discuss the aspects of aging that change and/or enhance sexual functioning.
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Discuss two sexual dysfunctions that you think would be the most difficult to deal with.
Explain your rationale and include text evidence.
Are there any treatments that go against your cultural, ethical, or religious beliefs?
Discuss the aspects of aging that change and/or enhance sexual functioning.
What is the PLISSIT model and how can it help clinical professionals to assist patients with sexaul dysfunctions?
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write a journal entry reflecting on how The A-Z Self-Care Handbook for Social Workers and Other Helping Professionals has changed your approach to self-care. How might you incorporate what you have learned in promoting self-care among your clients?
In at least words, write a journal entry reflecting on how The A-Z Self-Care Handbook for Social Workers and Other Helping Professionals has changed your approach to self-care. How might you incorporate what you have learned in promoting self-care among your clients?
Your journal should be based on your reading in The A-Z Self-Care Handbook for Social Workers and Other Helping Professionals.
Begin the web quest by researching current news articles and the most recent annual report for Microsoft. What is the overall global economy projected to be by 2030 and what do you think will be the highest growth divisions for Microsoft at that time and in what geographic areas? Support your projections with at least two credible and recent sources. Share a news link to an article that you found that describes Microsoft interacting with a nongovernmental organization (NGO) or foreign government. Share your link (please cite it), briefly summarize the article, and include a description of the importance/role of the NGO or government entity.
Prior to beginning work on this discussion locate and review the most recent annual report for Microsoft. For this discussion, you need to do some web sleuthing before sharing thoughts on the discussion questions. The goal is to review the topics from many views, synthesize the research, and provide a comprehensive picture of Microsoft in the global marketplace today. Address the following:
Begin the web quest by researching current news articles and the most recent annual report for Microsoft.
What is the overall global economy projected to be by 2030 and what do you think will be the highest growth divisions for Microsoft at that time and in what geographic areas? Support your projections with at least two credible and recent sources.
Share a news link to an article that you found that describes Microsoft interacting with a nongovernmental organization (NGO) or foreign government. Share your link (please cite it), briefly summarize the article, and include a description of the importance/role of the NGO or government entity.
Next, share a news link to an article that describes a cultural challenge or ethical dilemma Microsoft faced outside of the United States. Share your link (please cite it), briefly summarize the article, and include your own thoughts on how Microsoft might have handled the problem differently to ameliorate the situation.
Your initial post should be 200 words. You should use at least two credible and recent sources in addition to the course textbook. Your post must be organized using APA Style headings.
Create a concept map for one of the topics from the list below: Diabetes Mellitus Diabetes Insipidus Hyperthyroidism vs. Hypothyroidism Metabolic Syndrome Cushings Syndrome The content of the concept map must include: pathophysiology definition
Project 5 Create a Cause-and-Effect Diagram There’s always the chance that something will go wrong, a stakeholder wants something different, technology doesn’t work as planned, and what you are working on becomes outdated. The Ishikawa Diagram (Fishbone Diagram) is a tool that can be used to help in the analysis of what is going wrong. Take a look at your project and refer back to Figure 7-2 or the internet and create a diagram that lists a potential issue you may have and look at the components of what you would look at to address it. Here are a couple of websites in addition to your text that you can refer to:
https://kanbanize.com/lean-management/lean-manufacturing/root-cause-analysis/fishbone-diagram
https://www.qimacros.com/fishbone-diagram-template/index2.php