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Bite-Sized Training™

Personal SWOT Analysis


Bite-Sized Scenario Training™
Personal SWOT Analysis
Bite-Sized Training

This e-book is published by:

Mind Tools Ltd.

Copyright © Mind Tools 2006-2015. All rights reserved.

Version 5.0

This e-book is protected by international copyright


law. You may use it only if you are authorized by
your organization to use Mind Tools Connect™.
If you have any queries, please contact us at
connect.helpdesk@mindtools.com.

“Mind Tools” is a registered trademark (US 4,566,696,


EU 012473377) of Mind Tools Ltd.
Cover image © iStockphoto/W1zzard.
Contents

1. Introduction 1

2. What is SWOT? 2

3. Strengths – What Sets You Apart? 3

4. Weaknesses – What Can You Improve On? 6

5. Opportunities – What is Possible? 8

6. Threats – What Stands in Your Way? 10

7. Moving to Action 12

8. Key Learning Points 13

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1 Introduction

S
WOT is an acronym for:
• Strengths.
• Weaknesses.
• Opportunities.
• Threats.
When you analyze yourself and your goals using these four elements, you can start
to separate yourself from your peers, and further develop the specialized talents
and abilities you need to advance your career.
You might have thought about your strengths and weaknesses already, but you
may not have identified any potential opportunities or threats. What opportunities
are out there, waiting for you to pursue them? Are there any threats that could
derail your current course of action, or the one you dream of taking?
In this Bite-Sized Training™ session, we’ll focus on the essentials of conducting a
personal SWOT analysis. We’ll look at the tools you need to take a quick snapshot
of your personal situation, and develop a meaningful strategy to accomplish your
professional and personal goals. In around an hour, you’ll learn how to:
• Identify what makes you stand out, and find out how this relates to the
opportunities available to you.
• Understand the threats that your weaknesses expose you to.
• Use your SWOT analysis as the starting point for a solid career and life plan.
Let’s get started!

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2.  What is SWOT?

S
WOT Analysis is a classic tool that organizations use to analyze their
strategic position.
It encourages companies to examine the external and internal factors
that affect business performance, identify their best chances of success
(strengths and opportunities), and what they should watch out for along the way
(weaknesses and threats).
By applying this model to your career, or to any other aspect of your life, you
set yourself up to achieve your goals and eliminate the weaknesses that might
undermine you, or hold you back. And, you identify opportunities that you might
not have thought of.
In this session, we’ll work through each of the four quadrants shown in
Figure 1; below.

Figure 1:  SWOT Analysis Grid

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3. Strengths – What Sets You Apart?

M
any of us know our own strengths, but we’re often reluctant to admit
them to anyone.
For instance, if a colleague points out how easily you grasp the big
picture, do you tend to say something like, “Oh, not really, it’s just that
Ted explains the idea so well”? Or, do you accept the compliment with a “Thank
you, I’d like to think it’s one of my strengths”?
It’s not boastful to acknowledge your strengths; it’s a practical and necessary way
to move yourself along your goal path.
So, when you fill out the “Strengths” quadrant of your SWOT analysis, ask yourself
the following questions:
• What am I really good at?
• What skills do other people compliment me on, or associate me with?
• What do I do (or what skill do I possess) that is unique and sets me apart
from my peers?
Remember, your strengths are internal factors that are under your control.
Consider things like:
• Education/knowledge.
• Experience.
• Competencies/skills/abilities/aptitudes.
• Interests.
• Personality traits.
• Resources that you have access to, and connections that you can
draw upon.

Action:
Brainstorm your strengths, and list them in the “Strengths” section of your
SWOT analysis on page 5.

Tip 1:
Don’t be shy… this is your chance to brag about yourself with no one
else listening!

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Tip 2:
Don’t limit yourself to the strengths that you demonstrate in your current
role. List all of your strengths, even the ones you don’t use at the moment.
Pay particular attention to the skills that your peers don’t have – how are
you different, unique and special? Use the StrengthsFinder test, or the Your
Reflected Best Self™ technique to help you identify these.

Tip 3:
After you’ve completed this session, ask people in your personal and
professional networks what they think your strengths are. Look at differences
between your list and theirs.

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Strengths (What Sets You Apart?)

Weaknesses

Opportunities Threats

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4. Weaknesses – What Can You Improve On?

E
veryone has weaknesses, and usually they’re nothing to be ashamed
of. They can hold you back from achieving your goals, but you have the
power to work on them and improve your situation. However, if you try to
downplay your weaknesses, you risk setting yourself unrealistic goals.
By knowing about your weaknesses, you can either work to eliminate or manage
them (if they damage your goals), or avoid situations where they can harm you (if
they don’t damage your goals).
Think about the following when you complete the “Weaknesses” section of your
SWOT analysis:
• What do you lack that others around you have?
• What could you do better? (Many of us are masters of deception: we cover
up our weaknesses and hide them from others. Even if other people don’t
know what your weaknesses are, you will.)
• What do you receive consistent criticism for?
• Do you have any habits or characteristics that plague you at work or at home?
• What do other people see as your weaknesses?

Action:
Fill in the “Weaknesses” section of your SWOT analysis on the next page.

Tip 1:
Be brutally honest about your weaknesses. You can only change what you
acknowledge, and this is the perfect time to “get real” with yourself. (At the
same time, don’t beat yourself up over really small stuff.)

Tip 2:
Ask yourself where you’re vulnerable. Are there areas of your life where you’d
be totally exposed to negative effects if something went wrong?

Tip 3:
Finding out what others think is really important here, because even the most
honest of us will tend to downplay our own weaknesses.

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Weaknesses (What Can You Do Better?)

Strengths

Opportunities Threats

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5. Opportunities – What is Possible?

A
n opportunity is an external or internal event, trend or change that you
hope to take advantage of in the future.
Think about the following to identify possible opportunities in your
professional or personal life:
• How can you turn your strengths into opportunities?
• How can you create opportunities by enhancing your strengths?
• How can you create opportunities by managing or eliminating your
weaknesses?
• What is happening in your organization that may provide an opportunity
for you?
• What is happening in an industry that you’ve had your eye on for a while?
• Are there any general political, economic, technological, demographic,
and social trends that you can take advantage of?
• Do any changing circumstances in your personal life present an
opportunity for you to capitalize on?
• Are you working on any goals that will provide opportunities once you’ve
accomplished them?

Action:
On the next page, spend a few minutes brainstorming your opportunities,
using the bullet points above as a starting point.

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Strengths Weaknesses

Opportunities (What is Possible?)

Threats

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6. Threats – What Stands in Your Way?

T
hreats have the potential to jeopardize your success. You can’t control
them directly, but you can often manage, contain or neutralize them,
so that they don’t cause you harm… as long as you know about them
in advance.
The key to filling in the “Threats” section of your SWOT analysis is to be thorough
enough to spot the threats you face, without worrying excessively about things
that aren’t likely to happen. Threats can come from many different angles, so look
closely at what you hope to accomplish, and list as many things that can go wrong
as you can think of.
Remember, a threat is only dangerous if you don’t address it. By identifying your
threats, you’re being proactive and taking control of your success.
Ask yourself the following:
• What obstacles do you face?
• Are your peers doing things that you haven’t started yet?
• Are any of your weaknesses significant enough to threaten your
overall success?

Action:
Now spend a few minutes filling in the last section of your personal SWOT
analysis on the next page.

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Strengths Weaknesses

Threats (What Stands in Your Way?)

Opportunities

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7.  Moving to Action

N
ow that you’ve completed your SWOT analysis, your final step is
to list the actions that you’ll take. This is what makes the whole
exercise worthwhile.

Action:
Spend around 10 minutes working through the opportunities you’ve
identified. In the table below, list your interesting opportunities in the
“Possible Projects” column, and add any projects you could undertake to
mitigate the threats you face.
Next, write the first small, one-hour actions needed to explore each project
in the “First Actions” column. (Finding out more about each project is a good
first action!)

Possible Projects First Actions

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8.  Key Learning Points

Y
ou can use a personal SWOT analysis to see yourself clearly. It forces
you to “bare all” and look closely at what makes you unique – including
your weaknesses.
A SWOT analysis is designed to help you understand what you do well,
and to identify your shortcomings. It shows you what’s going on in your external
environment that can potentially help or hurt you. By uncovering this information
in a planning setting, you can start thinking through a personal strategic plan, and
use it to your advantage.
SWOT analysis has been a useful framework for managers for many years because
it’s simple and easy to use. Completing this analysis in a personal context allows
you to take advantage of a useful tool, and start marking out a satisfying direction
in your career.

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