Professional Documents
Culture Documents
Numl-S20-22198
Assignment
SWOT Analysis
MPhil 1st Semester
20-April-2020
SWOT analysis can also be needed before starting any kind of new action, business,
project, launching new project, making partnerships either when to explore new initiatives,
changing planes in the mid-way before execution when there are new opportunities or renovating
policies of the organization. And it is the need to carry out a general SWOT analysis just to
examine the current position of the organization working to upgrade the operation as required
because this analysis can guide and show the pin areas in which organizations need
improvements and where the operations are working perfectly.
When you have an idea and you think it will work out but unless you do a research by
performing SWOT analysis, how could you know that it will be successful and accepted in
market.it will guarantee that the idea is practicable. When you are up to start a new project,
launching product, taking decisions for your organization/company, you should always do swot
analysis before spending big cash.
Therefore, a SWOT analysis helps the organization in the utilization of a proper method
which matches the opportunities and strengths; and to use appropriate methodology to transform
your threats and weak areas into opportunities and strengths. And also, SWOT causes
management to end what they are doing and to evaluate where the organization is moving. So, to
evaluate the present situation and when it is needed to plan new strategies for keeping in view
the opportunities and threats.
“Those with a keen understanding of their strengths and needs are in a much better position than
those with limited or faulty self-knowledge”.
Howard Gardner
So, in SWOT analysis these two assessments are done according to the vision and mission of
organization.
The following steps are involved in the process of conducting SWOT analysis.
1. Build a team, first to pick a leader, who can guide and facilitate group. Then add people who
can be responsible for decision making, it may be small or large and divide the tasks among
the members also including someone outside the organization. Which can show new
perspectives.
2. In second step introduce SWOT to the members and give them brief explanation why it is
being used.so the leader explains about the organization current situation and about future.
What are the ongoing weaknesses the organization is facing regarding the mission of
organization?
What are the things we need to avoid?
What might be
In Opportunities and Threats, after clarifying the current situation, brainstorm about the
future of organization that will it be able to fulfill its mission, in the presence of certain
opportunities. What and how can new technological trends can give us advantage? Will the
organization will have the capacity to avail them. What kinds of threads are possible they can
face etc.?
Note all the opportunities which can exist in future. Then list the threats which they can
possibly face in future.
Strengths Weaknesses
1. Teachers are well educated and 1. Area of the school is tight.
highly skilled.
Internal 2. Business minimized during summer
2. Collaboration among the vacations.
departments. 3. Inventory system is poor.
3. Cultural diversity. 4. Limited supplies for teachers.
4. Fully equipped labs. 5. Technology is limited.
6. Transportation issues
ExternalOpportunities Threats
5. In this step discusses the finding with each other. made consensus about the major finding in
every category and compare these results to the goals, objection, vision and mission of the
organization.
6. Action plan: Review the report by addressing each of the four areas.
At the last step summarize the report like;
Strengths need to be continued, improve them as possible and take full advantage.
Weaknesses need to be stopped.
Opportunities need to be avail, figure out and optimized.
Threats need to be figure out so to countered them.
Implementation and
management of chosen strategy
Then make strategies and action plans based on the results of this SWOT Analysis.
Strategic choice is the process of choosing among the alternatives generated by a SWOW
analysis. The organization has to evaluate various alternatives against each other with respect
to their ability to achieve major goals. The process of strategic choice requires the
organization to identify the set of business-level, functional-level, and corporate-
level ,strategies that would best enable it to survive and prosper in the fast-changing
environment that is feature of modern business (Ritson, 2008).