Strategic Analysis
OL 325 Milestone One Guidelines and Rubric
The development of a strategic analysis guides all decisions made regarding your compensation systems throughout the project. The strategic analysis reveals
firm-specific challenges, objectives, and initiatives that allow you to align the goals of a compensation system effectively with those of the company strategy.
The strategic analysis allows you to better understand the external market challenges e-sonic faces in addition to its internal capabilities. As a consultant, a thorough understanding of e-sonic’s business environment allows you to better align your competitive system design with e-sonic’s goals, challenges, andobjectives. Follow the outline below when completing this portion of the project.
Strategic Analysis Outline:
- Executive Summary (Concisely conveys the project objectives and main findings. The executive summary is completed last, but included first in the strategic analysis.)
- Strategic Analysis
- a) Identification of e-sonic’s industry based on the North American Industry Classification System (NAICS)
- b) Analysis of e-sonic’s external market environment
- Industry Profile
- Competition
- Foreign Demand
- Long-Term Industry Prospects
- Labor-Market Assessment
- c) Analysis of Internal Capabilities
- Functional Capabilities
- Human Resource Capabilities
