The document discusses strategic planning and the TOWS matrix. The TOWS matrix is a framework that helps match an organization's internal weaknesses and strengths with external threats and opportunities. It is used to develop four types of strategies: WT focuses on minimizing weaknesses and threats; WO aims to minimize weaknesses and maximize opportunities; ST attempts to use strengths against threats; and SO capitalizes on strengths to pursue opportunities. The TOWS matrix is a tool for systematically analyzing an organization's situation over time as external and internal environments are dynamic.

1. Presented by:
Anju Rana

2.  Analyze the current and
expected future situation
 Determine the direction
of the firm
Develop means for
achieving the mission

3. The determination of the mission or
purpose and the basic long-term
objectives of an enterprise.

4. General statements or
understandings that guide
managers’ thinking in
decision making.

5. TOWS MATRIX: A MODERN TOOL FOR
ANALYSIS OF THE SITUATION
T O W S
THREATS OPPORTU
NITIES
WEAKNESS STRENGHTS
It is a conceptual framework for a systematic analysis
that facilitates matching the external threats and
opportunities with the internal weaknesses and strengths
of the organization.

6. The strategies are based on the external environment
and the internal environment:
 WT Strategy
 WO Strategy
 ST Strategy
 SO Strategy

7. It aims to minimize both weaknesses and
threats and may be called the Mini-Mini
Strategy.
Eg. Joint ventures, retrench or liquidate

8. Attempts to minimize the weaknesses and
maximize the opportunities.

9. It is based on using organization’s
strengths to deal with threats in the
environment.
The aim is to maximize the former while
minimizing the latter.

10. •It capitalizes on a company’s strengths to
take advantage of opportunities.
•If a company have weaknesses, they will
strive to overcome them, by making them
strengths.

11. PAST PRESENT PRESENT+T PRESENT+T2
TIME
External and internal environments are
dynamic

12.  Mergers
 Acquisitions
 Joint Ventures
 Alliances