The description is followed by a concrete example of each weakness. Such measures typically require a comprehensive assessment and understanding of an organization’s current strengths and weaknesses, including corporate values and behavioral norms. What are the Advantages of a Corporation? Whether or not it is for your business, it depends on the size and type of your company. To clarify which section an idea belongs to, it may be useful to think of Strengths and Weaknesses as internal factors – that is, to do with the organization, its assets, processes, and people. Strength and Weakness of the Functional Organization Structure? A SWOT analysis is designed to facilitate a realistic, fact-based, data-driven look at the strengths and weaknesses of an organization, its initiatives, or an industry. SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats) is a method of assessing a business, its resources, and its environment. Thus, carefully consider the pros and cons discussed above before adopting this structure in your own organization. As you could probably guess, the key point that makes Functional Organization Structure work successfully is its strong specialization. 360-degree feedback ensures that an employee's performance is observed by those who work most closely with him. It is not easy to differentiate organization culture with structure. 2.2: Effects of Culture and Structure on Organization’s Performance: Organizational culture and structure has vital role on the performance of the organization. Strength: Specialization. That's because sometimes there's a fine line between strengths and weaknesses. How its helpful. Operating with a top-down framework that includes a chief executive officer, managers, supervisors, team leaders and employees can actually keep your business from operating smoothly. Like many other organizational structures, the flat organization structure also has its share of advantages and disadvantages. Assessing your business’ strengths and weaknesses can help you to understand how your company is doing and how you could do better. Some qualities, taken to the extreme, can become weaknesses. Organization culture defines the type and style of organization structure. The advantages of the corporation structure are as follows: Limited liability.The shareholders of a corporation are only liable up to the amount of their investments. Every time you identify a Strength, Weakness, Opportunity, or Threat, write it down in the relevant part of the grid. Empowerment has made leadership a necessary competency for all levels and it is important for managers to be aware of their own strength and weaknesses to remain competitive (Edwards, 1996). Strengths and weaknesses can be found internally, whereas opportunities and threats are external to your company. 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