27 Jun Assess the external environment for the organization you researched in Wk 1.? Based on your assessment and the organizations strengths and weaknesses you identif
Content
- Assess the external environment for the organization you researched in Wk 1.
Based on your assessment and the organization’s strengths and weaknesses you identified in Wk 1, evaluate opportunities for that organization to add economic, social, and environmental value.
Recommend an opportunity that best capitalizes on the organization’s valuable, rare, and hard-to-imitate resources; is least impacted by the organization’s weaknesses; and will take best advantage of the external environment.
Create a Microsoft® PowerPoint® presentation to present your assessment, evaluation, and recommendation. Include the following sections in your presentation:
- A cover slide
- An agenda
- A description of the organization (1 slide with speaker’s notes)
- A summary of the strengths and weaknesses of the organization (2 slides with speaker’s notes)
- Key aspects of your assessment of the external environment that present opportunities for adding value, such as trends, unmet needs, unsolved problems, under-served consumer groups, etc. (2-3 slides with speaker’s notes)
- An evaluation of opportunities to add economic value (1 slide with speaker’s notes)
- An evaluation of opportunities to add social value (1 slide with speaker’s notes)
- An evaluation of opportunities to add environmental value (1 slide with speaker’s notes). Note: Some opportunities may appear on more than 1 slide. For example, you may find an opportunity that adds economic, social, and environmental value.
- A recommended opportunity to pursue first, with a rationale that shows how the opportunity capitalizes on the organization’s valuable, rare, and hard-to-imitate resources; is not much impacted by the organization’s weaknesses; and takes advantage of the external environment (1 slide, with speaker’s notes)
- A conclusion
- References
- Cite references to support your assignment.
Format your citations according to APA guidelines.
Running Head: INCREASE VALUE CREATION 1
INCREASE VALUE CREATION 2
Increase Value Creation
“Entrepreneurial Strengths and Actions to Increase Value Creation
Complete the table below, assessing the company’s strengths and weaknesses and describing the company’s approach to innovation.
|
Company name: CVS Health |
|
Company website URL: https://en.wikipedia.org/wiki/CVS_Health |
|
1. The company is a well-established health care facility in the county providing the best patient care and treatment that makes them competitive in their field. This is through proper management strategies and well-recruited staff members who are determined to perform to their best knowledge to facilitate the best performance. 2. The CVS health company is the first and only national pharmacy chain that delivers both medications and front-of-house products. this makes them a perfect partner for the clients since they are assured of safe products and deliverers on their prescriptions and products. 3. The pharmaceutical company has a strong brand presence within the state which makes them more effective in the market. branding exposes and advertises the organization’s products and services that they can access through various platforms with their perfect delivery systems making it possible to access medication in the comfort of your home. The company also has tremendous opportunities through branding to expand in the international market.
4. The organizational vision and mission statement are influential and motivating to the market. they have a unique presence in their statement “ to help people on their path to better health” the statement is based on the company's value in improving and maintaining target consumers' health. |
|
a. The organizational culture that offers employees work experience, which empowers colleagues for career success. This is motivational since the employees will be working to their best abilities to facilitate the success of their organization and their career. b. CVS Health has better innovation in its field. This makes them come up with a product that is effective and efficient for the patients. Innovation makes an organization or a company be trusted by the clients. Creativity and critical thinking to come up with unique products that help patients in dealing with their health problems. c. Integrity is the core value of entrepreneurship that helps them become the best pharmersuitical company. This is seen in the management strategies and approach to innovation, research, and implementation of the medications that would be used to foster the accomplishment of their organizational objectives. d. Collaboration and accountability help them attain the necessary information that helps them offer the best services for their patients and clients. The team through collaboration ensures task execution within the organization. Accountability in management and staff helps to put their operation clear and open this fosters trust and teamwork in working environments. |
|
To gain more competitive advantage in the market the organization should try community services in the areas around their premises. This will make the organization reach out to more patients and clients. This could be also a marketing strategy for the organization to meet more customers and clients through advertisement of their products and services. Through community services, the health care organization will be able to get clients' opinions and suggestions that will help them gain a competitive advantage over their clients hence improving their entrepreneurial value to the organization References Langley, P. (2018). CVS Health and the Imaginary Worlds of the Institute for Clinical and Economic Review (ICER). INNOVATIONS in Pharmacy, 9(4), 4. https://doi.org/10.24926/iip.v9i4.1461” https://en.wikipedia.org/wiki/CVS_Health
|
Copyright2020by University of Phoenix. All rights reserved.
Our website has a team of professional writers who can help you write any of your homework. They will write your papers from scratch. We also have a team of editors just to make sure all papers are of HIGH QUALITY & PLAGIARISM FREE. To make an Order you only need to click Ask A Question and we will direct you to our Order Page at WriteEdu. Then fill Our Order Form with all your assignment instructions. Select your deadline and pay for your paper. You will get it few hours before your set deadline.
Fill in all the assignment paper details that are required in the order form with the standard information being the page count, deadline, academic level and type of paper. It is advisable to have this information at hand so that you can quickly fill in the necessary information needed in the form for the essay writer to be immediately assigned to your writing project. Make payment for the custom essay order to enable us to assign a suitable writer to your order. Payments are made through Paypal on a secured billing page. Finally, sit back and relax.
Do you need help with this question?
Get assignment help from WriteEdu.com Paper Writing Website and forget about your problems.
WriteEdu provides custom & cheap essay writing 100% original, plagiarism free essays, assignments & dissertations.
With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Chat with us today! We are always waiting to answer all your questions.