SWOT Analysis
SWOT Analysis is a simple but powerful tool used for planning, decision-making, and evaluation. Here’s a clear explanation of each part, in the order you listed:
1. Threats (External – Negative)
Factors outside your control that can cause problems or risks.
Examples:
Strong competitors
Economic downturn or inflation
Government policies or regulations
Technological changes making skills/products outdated
Natural disasters or climate issues
Changing customer preferences
2. Opportunities (External – Positive)
External conditions that you can take advantage of to grow or improve.
Examples:
Growing market demand
New technology or platforms
Untapped customer segments
Favorable government schemes or grants
Partnerships or collaborations
Social or cultural trends
3. Weaknesses (Internal – Negative)
Internal limitations that reduce effectiveness or performance.
Examples:
Lack of skills or experience
Limited finances or resources
Poor systems or planning
Weak marketing or branding
Low team motivation
Time constraints
4. Strengths (Internal – Positive)
Internal advantages that help you succeed.
Examples:
Strong leadership or vision
Skilled team or expertise
Good reputation or trust
Unique product or service
Strong relationships or network
Faith, values, and purpose-driven mission
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