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© 2012 Pearson Education, Inc. publishing Prentice Hall. Note 25 SWOT Analysis
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Figure Note 25-1 - SWOT Analysis Identifying Strengths and Weaknesses 2
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Customer Assessment External forces represent opportunities or threats because of the changes they produce in the way customers meet or can possibly meet a need Considering and continuously reconsidering customer assessment and segmentation is essential to identifying opportunities and threats 3
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Segment Changes Market segments are never static Segments grow, shrink, and change their buying habits, preferences, and buying criterion Segments can split into subsegments or can merge or combine into a single, larger segments 4
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Environmental Scanning Wherever an opportunity or threat arises, monitoring the environment is essential to feed understandings of changes, trends, and events to SWOT analyses 5
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Figure Note 25-2 - Strategic Implications of SWOT Analysis 6
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Conducting a SWOT Analysis Assess the firm’s competitive advantages Study the environment for opportunities and threats Identify strategic alternatives and imperatives from the “fit” or match between the strengths and weaknesses and the opportunities and threats Prioritize, plan, and act 7
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Figure Note 25-3 - Strengths, Weaknesses, Opportunities and Threats Feed into the Matrix 8
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© 2012 Pearson Education, Inc. publishing Prentice Hall. Figure Note 25-4 - Strengths and Weaknesses, Opportunities and Threats Drive Strategies 9
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All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. Printed in the United States of America. Copyright © 2012 Pearson Education, Inc. Copyright © 2012 Pearson Education, Inc. Publishing as Prentice Hall
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