The key is to develop a strategy that will maximize the strengths of the company while minimizing the risks and losses caused by the weaknesses or to craft a strategy that will eliminate the weaknesses in the company. Following is a listing of the company's key attributes. Strengths Walgreens is financially sound and has an excellent return on assets which will be used to fund future growth. The company is a leader in innovation in the retail drugstore industry. This history of leadership will be the basis for future growth and market penetration. Walgreens has a solid history in this industry with continued growth and financial success far above the industry average. Most importantly, Walgreens has assembled a solid team of upper management to guide and direct the company in the future.Weaknesses To continue growth, Walgreens will need to heavily recruit new pharmacists to fill new openings at the 3000 stores scheduled to open in the next 10 years. At present, Walgreens does not have the management staff in place to fill personnel requirements for the new stores opening in the next 5 years. The company will need to proactively purse policies and procedures that will limit the legal liability of the company.Walgreens is in an excellent position with their current strengths and limited number of weaknesses. The weaknesses they experience are no different than those of their competitors, which should leave them in an excellent market position. The internal attributes should allow them to continue growth and profitability far above their competitors.Financial AnalysisWithout the financial analysis, the strategic breakdown of Walgreens would not be possible. It is important to analyze Walgreens, as well as the competition to properly gage their true standing. The following paragraphs will portray Walgreens, and where they stand in the drugstore market today.LiquidityThe liquid...
