Provide Evaluation of One Appropriate Analysis Tool and One Method that Organisations Might apply to Recognise and Diagnose Current and Future Issues Challenges and Opportunities

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The McKinsey Analysis tool

This refers to an analytical tool that organisations can use to identify and diagnose their current and potential issues, challenges and opportunities. It is applied to analyse and evaluate the external and internal elements which affect an entity’s performance. The 7S approach comprises seven categories: strategy, structure, systems, shared values, style, staff and skills. These categories are mutually reinforcing and interdependent, and each should be considered when evaluating the present and future organisation’s landscape. By evaluating each of the 7S categories, organisations could better understand their weaknesses and strengths and execute strategies for addressing any arising issues. The 7S model could be applied to identifying inconsistencies or niches between categories which could assist entities in reaching well-informed decisions to enhance their performance (KENTON, 2022). Hence, it is a helpful tool for entities to diagnose and identify their present and future opportunities, challenges and issues.

Observations analysis method

Observations are a vital method which organisations can use to recognise and diagnose current and future issues, challenges and opportunities. By observing the individuals and groups’ behaviour, organisations could acquire insight into their current performance and potential improvement. Organisations can conduct observations through interviews, surveys, focus groups and direct observation. Through direct observation, organisations could gain a deeper understanding of their employees’ present working environment and areas needing improvement (Choudhuri, 2022). For instance, by observing their employees’ associations, organisations could identify inefficient areas and areas needing improvement. Focus groups can assist organisations in gathering employee feedback and acquiring insight into what their employees feel and think concerning particular issues. This can give entities valuable information which could assist in identifying potential and current opportunities, challenges and issues. Additionally, surveys could also give entities valid data concerning their target audiences or customers, which could be applied to better understand the present market and opportunity identification.

References

Choudhuri, A. (2022). Advantages and limitations ‘Observation’ method for data collection. Your Article Library. Available at: https://www.yourarticlelibrary.com/social-research/data-collection/advantages-and-limitations-observation-method-for-data-collection/64507

KENTON, W. (2022, September 14). Understanding the McKinsey 7S model. Investopedia. Available at: https://www.investopedia.com/terms/m/mckinsey-7s-model.asp

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Provide Evaluation of One Appropriate Analysis Tool and One Method that Organisations Might apply to Recognise and Diagnose Current and Future Issues Challenges and Opportunities

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