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HCS 586 Week 3 Individual Assignment Strategic Plan Part II –
Environmental Analysis and Setting Strategic Goals
Submit the SWOT analysis as a Microsoft® Excel® attachment.
Perform a gap analysis. A SWOT analysis helps determine
performance gaps. It includes the following components:
• Strengths
• Weaknesses
• Opportunities
• Threats
rite a 1,400- to 1,750-word report in which you do the following:
• Explain why an environmental analysis is important in the
development of your strategic plan by answering the following
questions:
• What is the purpose of environmental analysis?
• What are the implications of environmental analysis in the creation
of your strategic plan?
• What are the major benefits of competitive analysis as part of your
strategic planning process?