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Strategic SWOT Analysis Framework for Business Growth

Utilize the SWOT analysis to assess internal strengths and weaknesses, and identify external threats and opportunities to shape the company’s vision, mission, and planning. Enhance idea consolidation with Affinity Diagram and prioritize goals using the Action Matrix and Goal Tree.

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Strategic SWOT Analysis Framework for Business Growth

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  1. Strategy and Planning

  2. SWOT Analysis Looking at the current business conditions, the SWOT analysis provides group input to the development of the company’s vision, mission and planning process. Strengths Internal strengths of the organization Weaknesses Internal weaknesses of the organization Threats External threats to the organization Opportunities External opportunities for the organization

  3. Affinity Diagram A tool for consolidating ideas into groups of common themes. Frequently used when brainstorming has created a large collection of ideas. Theme - A Theme - B Theme - C Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea Idea

  4. Goal Tree Goals Reduce Defects Quality Reduce Returns Waste Reduction Profit Scrap Reduction Actions to achieve goals Mission & Vision Supplies Reduction Leadtime Reduction Delivery On time delivery Inventory Reduced Inventory Safety Less Accidents

  5. Prioritization Matrix (PICK Chart) BIG payback SMALL payback EASY to do Implement Possible Challenge Kill HARD to do

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