Internal Factor Evaluation (IFE)
In this opening paragraph, explain what the significance is regarding an Internal Factor Evaluation for an organization (see Table 5). This explanation must include the rankings 1 to 4 as well as the weighting 0.00 to 1.00. This paragraph must have 5 to 6 academic sentences with 2 to 3 current scholarly sources. In addition, explain the results of your IFE analysis regarding the total weighted score. Indicate whether the value you obtained was greater than the average (2.5), less than or equal to and what this means. You should include Table 5, which will include the matrix of the evaluation of the 20 internal factors.
Table 5
Internal Factor Evaluation Matrix
Strengths
Weight
Rating
Weighted score
1
2
3
4
5
6
7
8
9
10
Weaknesses
Weight
Rating
Weighted score
1
2
3
4
5
6
7
8
9
10
Totals
1.00
#.##
The following are my eight factors (i.e., 4 strengths, 4 weaknesses).
Four Strengths. Provide a minimum of 5 to 6 academic sentences explaining why you chose these four strengths out of the 10 to improve the total weighted score, whether the score was above or below the 2.50 total weighted score. You must have at least 4 to 6 current scholarly sources to validate your claims. An example of an opening sentence to this paragraph should read: The following four strengths were identified from my Internal Factor Evaluation (see Table 6): (a) xxxx, (b) xxxx, (c) xxxx, and (d) xxxx.
First Selected Strength. Begin sentence here and explain why you chose this strength.
Second Selected Strength. Begin sentence here and explain why you chose this strength.
Third Selected Strength. Begin sentence here and explain why you chose this strength.
Fourth Selected Strength. Begin sentence here and explain why you chose this strength.
Four Weaknesses. Provide a minimum of 5 to 6 academic sentences explaining why you chose these four weaknesses to improve the total weighted score, whether the score was above or below the 2.50 total weighted score. You must have at least 4 to 6 current scholarly sources to validate your claims. An example of an opening sentence to this paragraph should read: The following four weaknesses were identified from my Internal Factor Evaluation (see Table 6): (a) xxxx, (b) xxxx, (c) xxxx, and (d) xxxx.
First Selected Weakness. Begin sentence here and explain why you chose this weakness.
Second Selected Weakness. Begin sentence here and explain why you chose this weakness.
Third Selected Weakness. Begin sentence here and explain why you chose this weakness.
Fourth Selected Weakness. Begin sentence here and explain why you chose this weakness.
Table 6
Four Strengths and Four Weaknesses Factors
#
Strengths factors
1
2
3
4
Weaknesses factors
1
2
3
4
Internal factor evaluation is the process of evaluating employees based on their skills, knowledge and abilities. This is a very important process because it helps an organization to identify the strengths and weaknesses of its employees. It also helps to determine whether they are meeting the organizational goals or not.
The importance of internal factor evaluation can be understood by looking at some facts about this process. First, it helps an organization to identify its current needs in terms of skills and knowledge within its workforce. This will help the company to make strategic decisions regarding training programs for its employees, as well as recruitment strategies that will be most effective in order to meet those needs (Cherry & Bowersox, 2018). Secondly, this process helps an organization to identify potential problems with its current workforce such as poor morale or low motivation among other things (Cherry & Bowersox, 2018). In addition, this kind of evaluation gives managers a chance to see how their direct reports perform against each other which makes it easier for them when making personnel decisions (Cherry & Bowersox, 2018).
Secondly , internal factor evaluation provides feedback on how well individuals are performing compared with others who have similar roles but different job titles within….
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