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SWOT Analysis
SWOT Analysis
Analysing a companys:
SWOT Analysis is
A strategic planning tool that separates influences on a businesss future success into internal and external factors.
efine realistic goals !mpro"e capability O"ercome #eaknesses #ith strengths !dentify threats than can be turned into opportunities
A SWOT $atrix
separates and compares internal and external influencers: Internal strengths, weaknesses External opportunities, threats
A strength
Can be a Superior product %uality competitive lo# cost infrastructure& advantage like
A #eakness
Can be a disadvantage such as
An opportunity can be
A threat can be
0nfa"ourable regulation changes A ne# entrant into the market 1roblems #ith the economy $arket shrinkage
Strategies
Strategies that can come from SWOT Analysis
W-T or Mini-Mini strategy $inimising #eaknesses and threats at same time (often last choice)
Assess the health of your marketing 2ash flo# forecasting 3uick start business plan tool