This document provides an overview of SWOT analysis, including:
- SWOT analysis is a strategic planning technique used to identify an organization's strengths, weaknesses, opportunities, and threats. It examines internal strengths and weaknesses as well as external opportunities and threats.
- The origins of SWOT analysis are credited to Albert Humphrey in the 1960s-1970s, who categorized strengths, weaknesses, opportunities, and threats to understand why corporate planning failed.
- Strengths and weaknesses refer to internal factors, while opportunities and threats refer to external factors in the environment. Conducting a SWOT analysis helps inform strategic planning and decision making.