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Key Things Organisation Leaders Should Be Informed About
Completion requirements
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Leaders require information that will enable them to make judgment calls on the strengths and weaknesses of the organisation as well as about the strategic competitiveness of competitors. Strengths contribute to competitive advantage as well as the sustainability of the organisation. Weaknesses refer to the lack of, or deficiency in, a resource that represents a relative disadvantage to an organisation in comparison to what competitors have. These deficiencies prevent the organisation from developing a competitive position in the marketplace and the continued sustainability of the organisation.
What Needs To Be Analysed?
Where to Source This Information
To obtain information pertaining to the internal audit questions listed above, the following sources can be utilised:
- Functional managers
- Internal customer surveys
- Departmental reports
- Minutes of meetings
- Company policies and procedures
- Internal networks