Assess the external environment for the organization you researched in Wk 1.? Based on your assessment and the organizations strengths and weaknesses you identif

Company name: CVS Health

Company website URL: https://en.wikipedia.org/wiki/CVS_Health

1. The company is a well-established health care facility in the county providing the best patient care and treatment that makes them competitive in their field. This is through proper management strategies and well-recruited staff members who are determined to perform to their best knowledge to facilitate the best performance.

2. The CVS health company is the first and only national pharmacy chain that delivers both medications and front-of-house products. this makes them a perfect partner for the clients since they are assured of safe products and deliverers on their prescriptions and products.

3.  The pharmaceutical company has a strong brand presence within the state which makes them more effective in the market. branding exposes and advertises the organization’s products and services that they can access through various platforms with their perfect delivery systems making it possible to access medication in the comfort of your home. The company also has tremendous opportunities through branding to expand in the international market.

4. The organizational vision and mission statement are influential and motivating to the market. they have a unique presence in their statement “ to help people on their path to better health” the statement is based on the company's value in improving and maintaining target consumers' health.

a. The organizational culture that offers employees work experience, which empowers colleagues for career success. This is motivational since the employees will be working to their best abilities to facilitate the success of their organization and their career.

b. CVS Health has better innovation in its field. This makes them come up with a product that is effective and efficient for the patients. Innovation makes an organization or a company be trusted by the clients. Creativity and critical thinking to come up with unique products that help patients in dealing with their health problems.

c. Integrity is the core value of entrepreneurship that helps them become the best pharmersuitical company. This is seen in the management strategies and approach to innovation, research, and implementation of the medications that would be used to foster the accomplishment of their organizational objectives.

d. Collaboration and accountability help them attain the necessary information that helps them offer the best services for their patients and clients. The team through collaboration ensures task execution within the organization. Accountability in management and staff helps to put their operation clear and open this fosters trust and teamwork in working environments.

To gain more competitive advantage in the market the organization should try community services in the areas around their premises. This will make the organization reach out to more patients and clients. This could be also a marketing strategy for the organization to meet more customers and clients through advertisement of their products and services. Through community services, the health care organization will be able to get clients' opinions and suggestions that will help them gain a competitive advantage over their clients hence improving their entrepreneurial value to the organization

 References

Langley, P. (2018). CVS Health and the Imaginary Worlds of the Institute for Clinical and Economic Review (ICER). INNOVATIONS in Pharmacy, 9(4), 4. https://doi.org/10.24926/iip.v9i4.1461”

 https://en.wikipedia.org/wiki/CVS_Health