Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Assignment

A need assessment is very important in any business or program and more importantly it shouldn't be taken likely. The main reason for a need assessment is to identify in each person the areas of a person that needs the most training (Shaw, 2017). Reason for that being is because most companies wouldn't want to have someone on their team who couldn't do the job much efficient then others. Especially when it is dealing with competition. Now the difference between a needs and a SPACE analysis is many things which is why most companies tend to use the needs at any random time. The SPACE analysis is a new framework that can be very useful tool that can develop and review a company new strategy however it is not very known, it can be used at many stages like in the beginning of an exercise, sometimes as a check at the end, and it can be an appraisal of key issues that can balance both External and Internal (Simister, 2011).

An example could be a local business making a chart of net sales compare to the goals and compare the two together to see what is needed and what need to be change.

However, if they use a SPACE analysis. They would have a diagraph it would show the four top key points such as Conservative, Aggressive, Defensive and Competitive.

I would use the more advance analysis only because it is more detail and it would help me a manager and business owner to see my goal and how would I achieve it.

References

Simister, P. (2011, September 1). SPACE Analysis - Strategic Position and Action Evaluation Matrix.

Shaw, J. (n.d.). Assessing Your Training Needs: Needs Assessment to Training Goals.

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92515659

Have any Question?


Related Questions in Business Management

List three potential issues of using social media for

List three potential issues of using social media for recruiting job candidates.

Discussion boardwhat is a smart sustainable city in your

Discussion Board: What is a smart sustainable city in your opinion? Course name: NEW Product and Service Innovation

Describe and give one example of price elasticity as a

Describe and give one example of price elasticity as a consumer. Provide an example of an inelastic good and an elastic one for consumer household. What makes those goods elastic or inelastic? How might other households ...

What is greeces global health issues and how can they be

What is Greece's global health issues and how can they be combated?

Please write program in c1nbspcards to file write program

PLEASE WRITE PROGRAM IN C++ 1.  Cards to File . Write program to write each card in a deck of 52 playing cards to a text file. Your program should write the rank (Ace, 2, 3, 4, 5, 6, 7, 8, 9, 10, Jack, Queen, King) and s ...

You are a project manager at the department of public works

You are a Project manager at the Department of Public Works in Mpumalanga who has been appointed to oversee the construction of a community hall. The department has received a budget of R13million to complete the project ...

Do you all think that fear of retaliation may affect

Do you all think that fear of "retaliation" may affect decisions by individuals in today's health care organizations? Do you all think that some of the specialized areas of expertise i.e. surgical areas, may have some in ...

What is the connection between monitoring and evaluationhow

What is the connection between monitoring and evaluation? How does evaluation fit into planning? How can evaluation results be used in making decisions? According to Chapter 3 in the book The ABC's of evaluation: Timeles ...

What happens to the least cost ration if the price of both

What happens to the least cost ration if the price of both of it's feed ingredients doubles?

What are the benefits of asking open questions of clients

What are the benefits of asking open questions of clients in gaining your feedback?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As