Following is a class activity for Week One of Class Please complete the analysis and respond to at least two of your class mates analysis Post your analysis as a thread to this posting I wanted to get you all thinking about the benefits associated with conducting a SWOT Analysis Choose a company with which you are familiar and reply to this post with an analysis of the company s strengths weaknesses opportunities and threats After posting your SWOT Analysis take a moment to read and comment on the responses posted by some of your classmates Walgreens The Pharamcy America Trust As a pharmacist I have and currently work for the Walgreens Co for about 12 years Over my tenure I have observed many aspects of the Walgreens Co both as an employee and as customer Because of my long tenure I had a great opportunity to analyze Walgreens from a business standpoint as I progress through my education at the University Like all companies a SWOT analysis can be applied to Walgreens Some of Walgreens strengths include its long history experience and use of technology Walgreens was founded back in 1901 that gives Walgreens over 100 years of experience and knowledge in retail pharmacy One might say they practically started retail pharmacy and made it what it is today With history comes experience experience in how to manage and adjust to changes within the industry Walgreens is practically the most experienced retail pharmacy establishment in America Another strength is Walgreens use of technology As a pioneer in technological innovation in retail pharmacy Walgreens has lead the way in integrating new technology into the delivery of pharmaceutical services to the public Some weaknesses I observe in Walgreens is being too profit driven I know creating value for shareholders is just about every major corporations 1 goal but sometimes a company can be too profit driven and forget or lose sight of the things that may a the company great in the first place I see this in Walgreens as a new regime has taken over more focus is geared to towards profit instead of people People are what drive profits and Walgreens has lost sight of that to some degree Walgreens is in position to capitalize on many great opportunities Some opportunities are due to industry Walgreens is in Retail pharmacy is segment that continues to grow as the nations population becomes older Also with the signing the Healthcare bill many more Americans will have access to prescriptions drugs Then their arte opportunities that pharmacist present For example the widely accepted practice of pharmacist providing immunizations as well as medication therapy management These are all opportunities Walgreens has rushed to the forefront to capitalize on Walgreens is not without threats threats namely from competitors like Wahl Mart When Wal Mart started their 4 drug plan it completely changed the way retail pharmacy was preceived as well has how services are rendered No company can afford to get into a pricing war with Wal Mart However their profit driven strategy is turning an honorable profession like pharmacy into a cheap commodity You cannot blame people for wanting to get medication as cheap as possible but the industry will suffer as a result Walgreens faces direct threats from competitiors like Wal Mart and indirect threats from changes in the industry regulatory policies and the economy