Scenario
Imagine that you are the CEO of a biotechnology company looking to develop an innovation in the life sciences. You have
just read an interesting primary research article (primary article B) based on a specific area of biotechnology. Primary
article B will serve as the basis for observations that can lead to the identification of future research challenges and/or
opportunities by the development of a new research technique, new research project, new product, or new service. Once
you have identified an innovative technique, project, product, or service, based on primary article B, you will perform a
SWOT analysis to determine your company’s ability to take the innovation to the market. The SWOT analysis must include
all criteria as specified below. Deviations or missing elements will result in point deductions.
The SWOT Analysis
I. SWOT Analysis Format (10 points)
A. Paper title page – name, instructor, title, due date (2)
B. Sections of paper labeled properly – see Content A-C below (1)
C. Type double-spaced, 12-point, Times New Roman font paper with 1-inch margins (2)
D. 4-5 pages (not including title page and reference page) (5)
A. Company introduction – (the same company used for the Futuring Analysis) (6)
1. Share the type of company you head as CEO (manufacturing, medical, agricultural, environmental,
pharmaceutical, etc.) (2)
2. Share the name of your company, its location, and its employee base (3)
3. Share your company’s motto or mantra (1
in interpretation of current social changes in lifestyles with this ‘major paradigm of sociological thought’ with application to ‘formal rationality’ being ‘purposeful calculation’ in the ‘most efficient’ way for ‘means to an end’ can arguably be the ‘dominant aspect’ in post-modern society than ‘substantive rationality’ prior to that i.e. ‘an orientation towards ideal values and ends’ (Weber, 1904, Parsons, 1981). In the past, rational ideas concerning healthy lifestyles reflected more of an ‘ideal’ state as an end ‘value’ in strengthening beliefs in religion to increase spirituality of the soul with traditional holistic treatments, however, the modern society changed towards ‘formal’ methods ‘to look better, enjoy increased vitality, and enhanced life expectancy’ therefore modern trend towards healthier society arguably links to knowledge of rational choices whereby control over own health is calculated in the most efficient way controllable by each person freely (Weber 1904, Cockerham, Abel and Luschen, 1993). Ritzer and Walczak (1988) analysis of ‘formal rationality’ evidenced that for example, Americans had reduced relying on physicians as the main authority in their health matters, consequently ‘liberating’ the dependence on health ‘experts’ and therefore unlocking the ‘bureaucratic iron cage of dehumanization and overwhelming dependence’ (Ritzer and Walczak 1988, Weber 1904, Cockerham, Abel and Luschen, 1993). To date ‘formal rationality’ has evidenced that in the past society lacked ‘freedom’ or choice to be ‘creative’ in controlling their lifestyles, however, contemporary Weberian scholars have linked ‘formal rationality’ has encouraged freedom of choice for ‘healthier lifestyles’. Weber’s (1904) ‘formal rationality’ concepts was ‘sometimes ambiguous and inconsistent’ in how it was interpreted by sociologists, however, past interpretations on ‘dehumanization’ effects of bureaucratic systems as compared to ‘iron cages’ led to lack of freedom in choice, however, in comparison the contemporary sociologist has reversed the interpretation of the ‘dehumanization’ effects of the ‘iron cage’ to positive liberating the society with Weberian concepts towards gain of a healthier western society (Weber 1904, Cockerham, Abel and Lusche