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WalgreensA Strategic Analysis

al Report).Management TeamWalgreens has assembled an impressive array of top management officers. David Bernauer is now the President and Chief Operating Officer in the company. He started with Walgreens in 1967 as a pharmacist after graduation from North Dakota State University and has worked his way to the top of the corporation. His depth of experience in store operations, purchasing, finance and technology is unmatched in the chain drugstore industry and his leadership is imperative to maintaining the competitive edge as Walgreens grows to 6,000 stores by the year 2010.Internal Weakness AnalysisAn internal weakness is something the company lacks or does poorly. This will put them at a disadvantage in the marketplace. (Thompson 1998) After analyzing Walgreens, there were a few key weaknesses we found in the company and they are summarized below.Supply of PharmacistsWalgreens has a very aggressive growth strategy in the next decade with a goal of growing from 3000 stores in 2000 to 6000 stores in 2010. To attain this growth they will need to heavily recruit new pharmacists and develop programs to retain these people. This is especially true with the current tight labor market.Lack of EmployeesTo meet their new store opening schedule, Walgreens will need 80 new district managers, 3000 store managers, 6500 executive assistant managers, 20,000 management trainees over the next five years, nationwide. At present, Walgreens does not have the management staff in place to fill this need. Legal LiabilityIn the United States, legal liability is a major threat to any business, especially one that is involved in dispensing drugs that may cause potentially negative reactions. Walgreens needs to keep abreast of the latest developments in liability laws and needs to adopt internal policies to minimize exposure to lawsuits.Summary of Internal Strengths and WeaknessesThe preceding paragraphs explained the strengths and weakness of Walgreens....

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