Use and Practice of SWOT Analysis
SWOT is Examination of Internal factors …. … and External factors Strengths Weaknesses … and External factors Opportunities Threats
Strengths What do we do well ? Our advantages
Weaknesses What is done badly ? What to improve ? Obstacles
Opportunities Some good chances ? Some new interesting trends ?
Threats Some foreseeable obstacles ? Some changing conditions ? Budget constraints
Why to use SWOT Analysis ? To identify key issues To prepare a Strategic Approach A communication tool