Force Field Analysis Flashcards

1
Q

Force field diagrams

A

are used to summarise the results of a force field analysis

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2
Q

Force field analysis aids…

A

decision making and summarises the factors that help or hinder the introduction of change

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3
Q

forces for/help the change are…

A

drivers

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4
Q

forces against/hinder the change are…

A

resistors

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5
Q

equilibrium is…

A

the current position where the forces are balanced
drivers=resistors

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6
Q

assets for change are…

A

organisational strengths that help a firm when it tries to change but do not cause it to change

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7
Q

for change to happen…

A

drivers must be greater than resistors

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8
Q

assets for change examples… x5

A

experience in the market- transfer management techniques
well-known brand name- customers more likely to buy
committed workforce- highly skilled and motivated increases chance of success
steady sales growth
investing in systems to deliver best experience for customers

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9
Q

examples of drivers… x5

A

rapidly growing market- lots of potential customers
faster economic growth- population have disposable income to spend on goods
increased competition in current market- more saturated market, less chance for growth.
bulk buying- economies of scale reduces costs, lowering prices/higher profits
broad portfolio- reduces risk and can target other market segments

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10
Q

examples of resistors… x4

A

increased service tax- may need to pay more to operate in another country
job losses- redundancy costs
investments need to be made- may need to borrow, increasing interest rates reduce cash flow
CMA need to approve- could be blocked, wasting finance and time invested

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11
Q

advantages of force field diagrams… x2

A

identifies and analyses evidence of drivers, resistors and assets for change which helps business make informed decision
business can implement measures to strengthen drivers, weaken the resistors and add to assets for change to achieve success

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12
Q

how to answer force field analysis (8 marks)

A

template
place drivers, resistors and assets for change into template with arrows of importance
2 explained assets for change, drivers and resistors
evaluation

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13
Q

evaluation template

A

I recommend… (should the change happen)
as the _____ are greater than the_______

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14
Q

disadvantages of force field diagrams… x3

A

time-consuming to gather information which may be out of date by the time the analysis is completed
could result in equilibrium, meaning more changes are required before the decision is made
the length of the arrows are subjective

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