Conduct an environmental scan and write an assessment in which you focus on both the internal and external factors that could affect your success within your chosen industry.
Introduction
An environmental scan allows you to identify the trends (technical, social, political, economic, and so on), issues, and other factors that are most likely to affect a given industry, thereby helping you determine a strategy for dealing with potential changes.
After an organization has completed a SWOT analysis, it will carefully monitor both the internal and external environments to detect signs of opportunities and threats that could affect current and future plans. This environmental scanning can help an organization identify trends that are most likely to affect the industry, thereby allowing the development of a strategy for change. The right information, at the right time, can determine the future of an organization.
Conduct an environmental scan in which you focus on both the internal and external factors that could affect your success within your chosen industry. Include in your scan responses to the following. Be sure to use the information from your SWOT analysis to explain how you will address both the internal and external issues.
• Internal Factors:
What specific things do you need to do in order to achieve the position you would like to have? The support of the community on collecting founds to support membership of people who cannot afford it initially, the collaboration of employers’ wo would like to have a healthier work crew by paying a percentage of the membership. Collaboration of businesses on communicating information about CrossFit.
In other words, what do you need to do to climb the corporate ladder in your industry? Educate people on how important is eing healthy mentally and physically, learn how to us social media in order to have a more effective promotion of the services.
• External Factors:
Examine the state of the current market or industry. (Washington State) After COVID fitness industry is growing because people had realized the importance of fitness in mental health.
What issues currently exist? CrossFit memberships are expensive, and people have issues managing their money while prioritizing unhealthy, expensive habits.
How might these issues influence the future state of the industry? Need to find a way to educate people about why prioritizing fitness is good for them and their families. Not only as a weight and decease control but as a way to growth as a person through goal achievement and support by the CrossFit community.
How will these issues affect your long-term and short-term goals? People will stay loyal ones they realized how much physical and mental fitness can improve their lives and the lives of the people around them.
To successfully complete this assessment, you may need to do some research on conducting an environmental scan. Format this assessment as a research paper following current APA guidelines for both style and citing sources, making sure that you also use correct grammar and mechanics. There is a 4 page length requirement, strive to be as detailed as possible in addressing each bullet point, while also being as clear and concise as possible.
Competencies Measured
• Communicate effectively.
• Write coherently to support a central idea in appropriate format with correct grammar, usage, and mechanics.
• Plan strategically.
• Describe strategies to use SWOT analysis to improve competitive advantage.
• Employ high-performance business management techniques.
• Analyze strengths to determine competitive advantages.
• Analyze opportunities that may be leveraged for competitive advantage.
• Analyze threats to competitive advantage.
• Solve problems within professional standards.
• Analyze weaknesses to determine areas for improvement.