Use the work you completed for Parts, I, II, and III with your group to inform your analysis for this assignment.
Write a 825-word summary of how the reports for Parts I, II, and III of the CLC assignment were influenced by the analysis prepared in previous assignments your CLC group has completed in the course.
Without prematurely determining and formalizing strategic goals and objectives, begin thinking about possible strategies to capitalize and add value to the organization based on the analysis of this information.
notes
notes Southwest airline financial report from 3 quarter 2020 does have different When the fuel prices are elevated it makes the cost of the ticket go higher. The expansion globally may pose a risk but it also may give reward to Southwest as well. Southwest must also capitalize and overturn weaknesses into growth possibilities. The lower ROA and ROE is decreasing federal debt and loans Southwest may temporarily hold off on increasing international travel strategies and implement more domestic destinations until COVID regulations are lifted (Reed, 2020) Southwest airlines are currently the second largest organization SO – Strategies 1. Expansion and growth in the global commercial aviation market. 2. Develop partnerships with complementing firms. 3. Growth through diversification of service offerings such as upgrades in relation to aviation. 4. Utilize social media to establish the brand to further expand the culture of the organization. ST – Strategies 1.Increase cleaning safety measures and travel rewards to overcome Covid effects • Keep a fuel efficient fleet to overcome fuel price increases and low passenger numbers • Include regular up to date training on rules and regulations from governing bodies to overcome compliance issues. • Increase recruitment and human resource development to overcome the shortage in Pilots. please don’t use the name of the company to many times (just use firm , not so much southwest)
use financial report for 3 quarter2020
