Download presentation
Presentation is loading. Please wait.
1
SWOT Analysis Introduction
SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats. A SWOT analysis is a subjective assessment of data which is organized into a logical order that helps understanding, presentation, discussion and decision-making. It provides a framework for analysing a company's strengths and weaknesses, and the opportunities and threats it faces. A SWOT analysis is usually represented as a grid: Strengths What do you do well? What do others see as key strengths? What unique resources can be drawn upon? Examples: Capabilities Competitive advantages Unique selling points Resources / assets Location / geography Processes / systems Culture Weaknesses What could be improved? What do others see as weaknesses? Capability gaps Deadlines / pressures Vulnerabilities Cashflow Reliability Opportunities What opportunities are available to you? What trends can be taken advantage of? How can strengths be turned into opportunities? Market developments Competitors vulnerabilities Industry / social trends Technology developments partnerships Threats What trends could harm you? What is the competition doing? What threats do the weaknesses expose you to? Political effects Legislation changes Environmental pressures Competitor activities Succession Finances Adapted from Mind Tools, and Business Balls Further information Kotler, P., (1997), ‘Marketing Management - analysis, planning, implementation and control’, Prentice Hall International, London. Turner, S., 2002, ‘Tools for Success: A Manager Guide’, McGraw Hill Professional, Berkshire, UK
2
SWOT Analysis Instructions Key Steps:
Key Steps: Using the SWOT analysis template grid - Identify the key organisational strengths Identify the key organisational weaknesses Identify the main opportunities for the organisation Identify the key external threats (refer to PESTLE) Use the following analysis to undertake deeper investigation into each of the quadrants Use the analysis to identify actions to maximise strengths, improve weaknesses, mitigate the threats and optimise the opportunities Further analysis can be undertaken on each of the quadrants:
3
SWOT Analysis Strengths Weaknesses Opportunities Threats
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.