Mutual of Maryland
Analyzing the factors that impact Mutual of Maryland as a financial services provider, it is clear that the best strategy for building on your strengths and leveraging them to prevent or prepare against the weaknesses would be the best. It is the best course of action (Gubbi and co., 2017). This technique of using the organization’s strengths to compensate for its shortcomings offers an advantage and can be interpreted as a way to capitalize on the organization’s existing advantages in order to reduce the risk posed by any future threats (Chen & Lee, 2017). Mutual of Maryland can increase its competitive edge and create opportunities for growth by focusing on its strengths while also addressing any weaknesses. Gubbi and colleagues (2013) also suggest that Mutual of Maryland can take advantage of this opportunity to develop and implement a strategy for responding to threats. Mutual of Maryland can use this strategy to maximize opportunities and reduce the risk associated with them. Cont…
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