RUNNING HEAD: Environmental Analysis
Environmental Analysis of a University Department
MBA580
University of Phoenix
Introduction
In today’s business, managing internal activities and issues of a profit or not-for-profit business is only part of the present executive’s responsibilities. Modern senior managers must also acclimate to challenges posed by an organization’s external environments. One method used by upper level management to generate or maintain an organization’s prosperity is strategic management. Strategic management is the set of decisions and actions that result in the design and activation of strategies to achieve the objectives of an organization and to determine where the business is heading, how the business gets there and how the enterprise will know if it got there or not. (Pearse, J. A., and Robinson, R., 2005).
The key to maximize an organization’s probability of being both independent and prosperous over a long-term is to pursue a strategy model that defines the business, the ends it seeks, and the means it will use to accomplish those ends. Below is a strategic analysis that expresses how the Department of Pharmacology and Cell Biophysics (PCB) intends to contribute to a society that sustains it by defining the company’s mission and social responsibility.
The Department of Pharmacology and Cell Biophysics is apart of the College of Medicine at the University of Cincinnati and will be the subject of this analysis. Although no commencement date can be uncovered, this department has been operational and recognized for over 40 years based on the statement of one of the oldest inaugurate faculty. Up to 10 years ago, the department was one of the most desired basic research graduate programs i ...