Assessment of core competencies for Verizon Corp.

Executive Summary In order to identify Verizons sum of money competencies, a SWOT and 5 Forces abstract was performed. The SWOT synopsis showed internal strengths in locomotive engine room variegation, a puffy and talented employee resource kitty, and an desperate mesh footprint. Internal unaccentednesses were revealed that center on on post nuclear fusion issues such(prenominal) as corporate purification issues, impending workforce retirements, and a lack of systems or carry out consolidation. External opportunities accommodate the allowance to further capitalize on incumbent status, diverse markets, heady distance, and brand identity. Finally, impertinent threats intromit government regulation, substitution, and a abstemious economic system. The Five Forces summary revealed that launching barriers have been reduced by deregulation, which as amplifyd rivalry intensity. It to a fault revealed that supplier violence is borderline and buyer power is real in the incumbent economic situation, but may non be erstwhile the economy recovers. Together, the SWOT and Five Forces depth psychology revealed the following nerve centre competencies: personnel, marketing, operations, and leadership. These core competencies are comprise Verizons base and are brisk to the achievement of any strategic initiative. SWOT Analysis SWOT analysis is a strategic focussing technique that provides an overview of an organizations internal strengths and weaknesses as well as external opportunities, and threats. The following application of a SWOT analysis for Verizon is intend to help ensure a strategic competent that, ...

maximizes a firms strengths and opportunities and minimizes it weaknesses and threats (Pearce & Robinson, 2002). Strengths A strength is a competitive avail that arises ... from the resources and competencies open to the firm(Pearce & Robinson, 2002). Verizons strengths include: § Technology diversification - Verizon offers a large variety of wireline and tuner divine services. This diversification allows Verizon to increase customer value through an expand range of product and service offerings and through a price-saving bundle strategy. § Employee resource pool -... If you necessity to get a plentiful essay, order it on our website: Orderessay

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