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What Tools Can Be Used for Capability Assessment?
Several tools can assist in conducting a capability assessment. These include:
Balanced Scorecards
: These help in tracking performance against strategic goals.
SWOT Analysis
: A tool for identifying strengths, weaknesses, opportunities, and threats.
PEST Analysis
: Analyzes external factors such as political, economic, social, and technological influences.
Benchmarking
: Compares your business performance against industry standards or competitors.
Gap Analysis
: Identifies the gap between current performance and desired performance levels.
Frequently asked queries:
What is Capability Assessment?
Why is Capability Assessment Important?
How to Conduct a Capability Assessment?
What are the Key Areas of Focus in Capability Assessment?
What Tools Can Be Used for Capability Assessment?
Who Should Be Involved in a Capability Assessment?
What Are the Outcomes of a Capability Assessment?
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