384 Quality management for organizations using Lean Six Sigma techniques
It is more desirable to have competition on the basis of strengths. If a rm has no strengths,
its ability to compete successfully can be difcult. Some of the typical strengths a company
can enjoy are
• Engineering expertise
• Technical patents
• Skilled workforce
• Solid nancial position
• Reputation for quality
A weakness is something that puts a company or rm in disadvantage or a particular domain
which a rm lacks. Either the strength can be overly magnied or the weaknesses minimized,
such that the process is negated. The following areas should be covered for the analysis:
• An evaluation report of the business and critical success indicators. Are there win-
ners ...