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SWOT Analysis Tool

SWOT Analysis Tool. Understanding The Business Environment: SWOT Analysis. To plan effectively, organizations need to fully understand the dynamics of their internal and external environment and respond accordingly:. Internal/Organizational S trengths W eaknesses External/Market

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SWOT Analysis Tool

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  1. SWOT Analysis Tool

  2. Understanding The Business Environment: SWOT Analysis To plan effectively, organizations need to fully understand the dynamics of their internal and external environment and respond accordingly: Internal/Organizational • Strengths • Weaknesses External/Market • Opportunities • Threats

  3. Understanding The Business Environment: Sample SWOT Analysis the Industry the Company • Physical Assets • Low Cost of Service • Innovation • People • Storage • Customer Relations • Balance Sheet and Cash Flow • Information Management • Information Systems • Depreciated Asset Base • Expiring Contracts • Customer Retention • Customer Service • Human Resource Management OPPORTUNITIES STRENGTHS • Lack of Organizational Depth • Employee Development • Workflow Efficiency • Unrealistic Goals • Decision Making Process • Communications • Lack of a Shared Vision • Information Systems • Dependent Market Share Position • New Market Expansion • Acquisition • Industry Growth • People Development • Customer Service • Information Systems • Communication • Current Customer Relationships • Storage WEAKNESSES THREATS

  4. SWOT Analysis the Industry the Company OPPORTUNITIES STRENGTHS WEAKNESSES THREATS

  5. SWOT Analysis: What Next? Many organizations at least attempt to understanding the internal and external dynamics of their business environment (with varying degrees of success), but where they tend to fail is turning this information into into an actionable strategy. In essence, the goal should be to develop a plan that: • Leverages Strengths • Manages Weaknesses • Takes advantage of market opportunities • Is responsive to market threats

  6. What is currently being done or has been done? What still needs to be done? SWOT Analysis: Leveraging Internal Strengths

  7. What is currently being done or has been done? What still needs to be done? SWOT Analysis: Managing Internal Weaknesses

  8. What is currently being done or has been done? What still needs to be done? SWOT Analysis: Taking Advantage of External Market Opportunities

  9. What is currently being done or has been done? What still needs to be done? SWOT Analysis: Being Responsive to External Market Threats

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