Competitive Strength Assessment Essay example

623 Words Dec 31st, 2010 3 Pages
Competitive Strength Assessment

Competitive Strength Assessment

On the basis of outcome of strength and weakness analysis, each faculty is recommended to use the table provided below to identify Key Success Factors (KSFs), assess their relative performance in relation to those of its identified rival(s), determine whether they are superior to or need to be improved, prioritize the KSFs according to their degree of importance and weakness, craft out the necessary strategies and measures to improve the KSFs, and request the necessary resources.

Following are the step-by-step procedures of “Weighted Competitive Strength Assessment” table:

|Step 1 |Identify key success factors that would enable the faculty to excel and
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Please note that the total score of|
| |weight for all key success factors must be equal to 1. |
|Step 3 |Identify direct competitors of the faculty e.g. Faculty of Biotechnology, Kasetsart University, a direct competitor of ABAC School of |
| |Biotechnology; or Faculty of Communication Arts, Chulalongkorn University, a direct competitor of ABAC School of Communication Arts. |
|Step 4 |Since performance of the faculty on each of its key success factors might be different from those of its closest direct competitors, it |
| |is also necessary to “rate performance” of the faculty on each key success factor as well as those of its closest competitors. The

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