The Importance Of The SMART Model 1076 Words | 5 Pages. A SWOT analysis is designed to facilitate a realistic, fact-based, data-driven look at the strengths and weaknesses of an organization, its initiatives, or an industry. Assessing your business’ strengths and weaknesses can help you to understand how your company is doing and how you could do better. The corporate entity shields them … The traditional hierarchical structure may not work for every business. How its helpful. SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is a method of assessing a business, its resources, and its environment. The description is followed by a concrete example of each weakness. Whether or not it is for your business, it depends on the size and type of your company. What are the Advantages of a Corporation? Thus, carefully consider the pros and cons discussed above before adopting this structure in your own organization. Doing an analysis of this type is a Like many other organizational structures, the flat organization structure also has its share of advantages and disadvantages. Weakness of Hierarchical Organizational Structures. Such measures typically require a comprehensive assessment and understanding of an organization’s current strengths and weaknesses, including corporate values and behavioral norms. As with the strengths, each weakness is accompanied by a brief description to help you decide whether that particular flaw suits you or not. Strength and Weakness of the Functional Organization Structure? Empowerment has made leadership a necessary competency for all levels and it is important for managers to be aware of their own strength and weaknesses to remain competitive (Edwards, 1996). As you could probably guess, the key point that makes Functional Organization Structure work successfully is its strong specialization. The advantages of the corporation structure are as follows: Limited liability.The shareholders of a corporation are only liable up to the amount of their investments. It is not easy to differentiate organization culture with structure. Some qualities, taken to the extreme, can become weaknesses. Organization culture defines the type and style of organization structure. 2.2: Effects of Culture and Structure on Organization’s Performance: Organizational culture and structure has vital role on the performance of the organization. A corporation is a legal entity, organized under state laws, whose investors purchase shares of stock as evidence of ownership in it. Strength: Specialization. That's because sometimes there's a fine line between strengths and weaknesses. 360-degree feedback ensures that an employee's performance is observed by those who work most closely with him. Strengths and weaknesses can be found internally, whereas opportunities and threats are external to your company. 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