This paper studies Payless ShoeSource Inc.'s business management practices and makes recommendations for more efficient operation
and profitability. It discusses the
company's vision, mission, corporate values, objectives, strengths, weaknesses, opportunities, threats (SWOT), main goals and recommends a strategic action plan. These items are derived from Payless' press releases and website as well as stock analysts'
assessment of the company. These assessments and the author's own assessment constitute most of the input to the SWOT section of the paper.