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Swot analysis
SWOT analysis is a strategic planning method used to evaluate the strengths, weaknesses, opportunities, and threats of a business, person, or other entity. It involves specifying an objective and identifying internal factors (strengths and weaknesses) and external factors (opportunities and threats) that are favorable and unfavorable to achieving that objective. Strengths and weaknesses are internal to the entity, while opportunities and threats originate externally. The document then provides examples of strengths, weaknesses, opportunities, and threats for personal SWOT analysis and for a company or organization.
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Swot analysis
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- 2. Introduction about SWOTanalysis SWOTanalysis is a strategic planning method used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a business, Person or Other things. It involves specifying the objective of the business and identifying the internal and external factors that are favorable and unfavorable to achieve that objective.
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- 4. What is SWOTanalysis? A situation analysis technique for evaluating internal strengths and weaknesses and for examining external opportunities and threats.
- 5. Strength An internal resource orcapability helpful to achieve the desired goals.
- 6. Weakness An internal attribute orbarrier to achieve the desired goals.
- 7. Opportunity An external condition thatcould provide a competitive advantage.
- 8. Threat An external condition whichcould damage the scope for attaining objectives.
- 9. Personal Strength &Weakness List of Strengths: • Creativity • Versatility • Flexibility • Focused • Taking Initiative • Honesty • Dedication • Integrity • Continuous Learning • Self-control
- 10. List of Weaknesses •Self-criticism • Insecure • Extremely Extroverted • Creative Writing • Too detail oriented • Public Speaking • Financial Literacy • Too sensitive • Presentation Skills
- 11. Personal Opportunities &Threats • Working for a large company with many new roles becoming available • Availability of training • More mentors available List of Opportunities
- 12. List of Threats •High level of competition for new roles • More difficult to negotiate flexible working condition for senior jobs • Higher level of stress
- 13. Company or Organization Strengths: •good capabilities • capacities of producing good products • products • technologies • R&D efforts • human resources • demand from the client • amount of knowledge • technical skills
- 14. Weakness: • product massbecome obsolete • technology has become obsolete • key management power may not be there • key man power may not be there
- 15. Opportunities: • a companycan identify newproducts • the company can go for newsectors • the company can go for newgeography • new economy - the company can go and extendtheir market • company can take the advantage of the changinglifestyle • can go for the opportunities available technologychanging
- 16. Threats: • political threats •legislative threat • environmental threat • technology threat • from the partners • joint venturealliances • from the buyers • from the suppliers • from the key staff