Swot Analysis
SWOT Chart
Place results into a project action list (see below) |
Strengths |
Weaknesses |
Opportunities |
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How do we use these strengths to take advantage of these opportunities |
How do we overcome these weaknesses that limit us taking advantage of these opportunities |
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Threats |
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How do we use our strengths to reduce the likelihood and impact of these threats |
How do we overcome these weaknesses to prevent these threats becoming a reality |
Conducting a SWOT Analysis
- Consider the business’ strengths – these are the internal factors within the business that make it strong or if accessed and utilised properly will enhance the strength of the business.
- Consider the business’ weaknesses – what internally is or has the potential of holding back the business.
- Consider Opportunities for the business – what external factors, if exploited well, will provide an opportunity for the business.
- Consider threats to the business – what external issues, if not properly managed will lead to a threat to the business’ ongoing survival and success.
Sometimes it is a good idea to categorise these SWOTS into broad subject headings and then rate them from 1 to 10 with 1 as a threat or weakness and 10 as a strength or opportunity.
Broad areas to consider include:
Strength/Weakness
- Sales and Performance Issues
- Personnel
- Resources
- Financial Issues
- Growth Potential
Opportunities/Threats
- Economy
- Competition
- Technology
- Social Patterns
- Government and Legal Matters
Project Action list (as a result of SWOT Analysis)
Action Item |
Notes |
[e.g. item 1] | [e.g. ..] |
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