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Strengths Internal positive aspects that are under control and upon which you may capitalize in planning What are your advantages? What do you do well?

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Presentation on theme: "Strengths Internal positive aspects that are under control and upon which you may capitalize in planning What are your advantages? What do you do well?"— Presentation transcript:

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2 Strengths Internal positive aspects that are under control and upon which you may capitalize in planning What are your advantages? What do you do well? What do others see as your strengths?

3 SWOT Strengths Weaknesses
Bogotá, Colombia is the largest bicycle scheme in Latin America. Every Sunday they have 70 miles of closes off bust streets just for bikers Average bike is sold for $550 In 8 years the local number of buses in Bogota has cut down 7000 buses Helps get to places quickly and avoid traffic and avoid bus tickets Bike is made for paved roads and hilly terrain Weaknesses Buses are expected to cover the entire city in the next decade High crime rate (should be a threat)

4 SWOT Analysis: Pedal Power
Strengths: -Biking is simple, all ages can enjoy -located on Main Street Weaknesses: -Prices are high -Challenges of the seasonality of business Opportunities: -Increasing trend of active lifestyle -multiple universities 3 miles from retail store Threats: -Price pressure from mass merchants -Online bicycle sales -Lack of brand awareness

5 Weaknesses Internal negative aspects that are under your control and that you may plan to improve What could be improved? What is done badly? What should be avoided?

6 SWOT of City Strengths Weaknesses Opportunities Threats
Rush hour traffic All stores close at 6pm (unless granted permission by gov’t) Strengths Weaknesses Conservation minded Infrastructure built around biking Opportunities Large population Many demographics Other bike stores Many people already bike Threats

7 Opportunities Positive external conditions that you do not control but of which you can plan to take advantage Where are the good chances facing you? What are the interesting trends? What changes in technology are taking place? What changes in social patterns, population profiles, lifestyle changes? Local events?

8 Threats Negative external conditions that you do not control but the effect of which you may be able to lessen What obstacles do you face? What is your competition doing? Are the required specifications for your business, products or services changing? Is changing technology threatening your business? Do you have bad debt or cash-flow problems? Could any of your weaknesses seriously threaten your business?

9 Areas to Concentrate on for SWOT
Finance –availability of loans Operations – location, labor productivity, quality control, customer responsiveness Administration – quality of staff, communication, delegation Marketing – market share, service reputation, customer service, advertising effectiveness Personnel – salary/rewards, recruiting, training, teamwork

10 SWOT Analysis: Product/Company
Strengths: Assortment of sizes, shapes, and colors to fit the needs of a variety of consumers Similar products have seen success in different venues even during the recession Environmentally friendly Unique, specifically designed purpose could draw in avid gardeners

11 SWOT Analysis: Product/Company Cont.
Weaknesses: Bags occupy space that could be used for other purposes such as entertainment High upfront cost Size and weight of the bags would make them difficult to transport and store Lack of brand awareness and market presence

12 SWOT Analysis: Product/Company Cont.
Opportunities: The current “green” movement could increase the appeal of BioBags to consumers Holding a distinctive spot in the market niche could improve company longevity Could appeal to new and relatively unexplored group of buyers “Kitchen gardening, organic gardening, urban farming and container gardening are all among the top 10 global gardening trends for 2010.”

13 SWOT Analysis: Product/Company Cont.
Threats: Competition from established companies in the gardening sector Ex) L’Atelier Vert Price pressure from said companies The online sale of similar products Seasonal nature of the product could be detrimental to selling patterns


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