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Reference

1. Do SWOT Analysis *
2. Define Objective & Target to overcome.
The Threat and Weakness identified which should be SMART **
3. Develop the detailed OTP to achieve the Objective and Target
Definition :
SWOT Analysis *
Strengths: factors that give an edge for the company over its competitors.
Weaknesses: factors that can be harmful if used against the firm by its competitors.
Opportunities: favorable situations which can bring a competitive advantage.
Threats: unfavorable situations which can negatively affect the business.

SMART Analysis **

Specific
What do I want to accomplish?
Why is this goal important?
Who is involved?
Where is it located?
Which resources or limits are involved?
Measurable
How much?
How many?
How will I know when it is accomplished?
Achievable
How can I accomplish this goal?
How realistic is the goal, based on other constraints, such as financial factors?
Relevant
Does this seem worthwhile?
Is this the right time?
Does this match our other efforts/needs?
Am I the right person to reach this goal?
Is it applicable in the current socio-economic environment?
Time-Based
When?
What can I do six months from now?
What can I do six weeks from now?
What can I do today?

FO-QHSE-24 (Approved Date: 26-12-2017 / Rev. 03)

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