Assess strengths and weaknesses

Assess strengths and weakness of key capability factors.
1)Assess strengths and weakness

The strengths and weaknesses of key capability factors are assessed .

• Strength is something the organization does well relative to competitors.
• Weakness is something the organization does poorly relative to competitors.

The contribution of each key capability factors in achieving objectives serves as the basis for assessing its strengths and weakness.Contribution can be assessed in terms of past result comparison with standards,and bench marketing with the performance of competitors.

• Unique resources are prime sources strengths.Well performed functional activities also provides strengths.

2)Locate strategic advantage :Strategic advantage is located.It is gaining advantage over competitors.It is a combination of :

• Unique resources :They are not possessed by competitors.
• Core competencies :They are indicated by well performed functional activities by the organization.They can result from innovation,special skills,information technology,low costs and better after sales service capabilities.They sustain strengths advantage.

3)Prepare strategic advantage profile:It is based on strategic advantage.It shows various areas of strengths and weakness of the organization.