Strategic Analysis of M&S: Impact of HR and Finance Departments

This report provides a SWOT analysis of Marks & Spencer (M&S), a British multinational organization, evaluating its strengths, weaknesses, opportunities, and threats. It emphasizes the importance and impact of the finance and human resource departments on the company's strategic decision-making. The report discusses M&S's internal environment, including its values, vision, mission, organizational structure, and corporate culture. It identifies key strengths such as the implementation of new technology and brand name, while weaknesses include lack of training and employee engagement. Opportunities include online business expansion and innovation, while threats primarily involve competition and sales decline. The analysis also touches upon the role of finance in providing training and implementing new technologies, and the role of human resources in employee engagement and skill development to mitigate threats and capitalize on opportunities. The report concludes by highlighting the interconnectedness of these elements in achieving M&S's strategic goals.