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Aims

To introduce

SWOT analysis
Objectives



Students will be able to:

  describe what is meant by SWOT analysis

  examine the usefulness of SWOT

  Make judgements about the benefits and limitations

  of SWOT analysis.
Strength


characteristics of the business, or project team that give
it an advantage over other
Weaknesses


are characteristics that place the team or the business
at a disadvantage relative to others
Opportunities


external chances to improve performance (e.g. make
greater profits) in the environment
Threats


external elements in the environment that could cause
trouble for the business or project
SWOT Usefulness


It helps in identifying core competencies of the firm.
It helps in setting of objectives for strategic planning.
understand your business better
address weaknesses
deter threats
capitalize on opportunities
take advantage of your strengths
Swot Limitations



doesn't prioritize issues
doesn't provide solutions or offer alternative
decisions
can generate too many ideas but not help you choose
which one is best
can produce a lot of information, but not all of it is
useful.
Conclusion


What is meant by SWOT ?

How useful is a SWOT ,What are the benefits of a
SWOT?

What are the limitations of a SWOT ?

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