2. 3
Potential Internal Strength
1. Core competencies in key areas
2. Adequate financial resources
3. Well-thought-of by buyers
4. An acknowledged market leader
5. Well-conceived functional area strategies
6. Access to economies of scale
7. Insulated (at least somewhat) from strong
competitive pressures
8. Proprietary technology
9. Cost advantages
10. Better advertising campaigns
11. Product innovation skills
12. Proven management
13. Ahead on experience curve
14. Better manufacturing capability
15. Superior technological skills Other?
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3. Potential External Opportunities
1. Ability to serve additional customer groups or
expand into new markets or segments
2. Ways to expand product line to meet broader
range of customer needs
3. Ability to transfer skills or technological know-
how to new products or businesses
4. Integrating forward or backward
5. Falling trade barriers in attractive foreign markets
6. Complacency among rival firms
7. Ability to grow rapidly because of strong
increases in market demand
8. Emerging technologies
5
1. Potential Internal Weaknesses
2. No clear strategic direction
3. Obsolete facilities
4. Subpar profitability because ...
5. Lack of managerial depth and talent
6. Missing some key skills or competencies
7. Poor track record in implementing strategy
8. Plagued with internal operating problems
9. Falling behind in R&D
10. Too narrow a product line
11. Weak market image
12. Weak distribution network
13. Below-average marketing skills
14. Unable to finance needed changes in strategy
15. Higher overall unit costs relative to key competitors
16. Other?
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