Sunday, 14 December 2014

What I Have Learn (Part 7)

Today I want to share with all of you about SWOT Analysis....what is SWOT analysis? SWOT analysis means a structure planning method used to evaluate strengths, weaknesses, opportunities and threats involved in a project or in a business venture......Strengths and weakness are often internal factors to organization while opportunities and threats generally relate to external factors....SWOTS also called as Internal-External analysis.....and SWOT matrix called as IE Matrix........




SWOT analysis is a simple but useful framework for analyzing your organization's strength and weakness, and the opportunities and threats that you face.....It helps you focus on your strengths, minimize threat and take the greatest possible advantage of opportunities available to you......It can be used to 'kick off' strategy formulation or in a more sophisticated way as a serious strategy tool.....it can also use to get an understanding of your competitor, which can give you the insights you need to craft a coherent and successful competitive position....... when the carrying out the analysis, be realistic and rigorous......Apply it at the right level and supplement it with other option generation tools where appropriate......that all about SWOT analysis....thank you...



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