Professional Documents
Culture Documents
Swot Analysis
Swot Analysis
S – Strengths
W – Weaknesses
O – Opportunities
T - Threat
STRENGTHS WEAKNESSES
What do you do well? What could you improve?
What unique resources can Where do you have fewer
you draw on? resources than others?
What do others see as your What are others likely to
strengths? see as weaknesses?
OPPORTUNITIES THREATS
What opportunities are open What threats could harm
to you? you?
What trends could you take What is your competition
advantage of? doing?
How can you turn your What threats do your
strengths into opportunities? weaknesses expose to you?
EXAMPLE OF SWOT ANALYSIS
STRENGTHS WEAKNESSES
• Excellent sales staff with strong • Currently struggling to meet deadlines -
knowledge of existing products too much work?
• Good relationship with customers • High rental costs
• Good internal communications • Market research data may be out of
• High traffic location date
• Successful marketing strategies • Cash flow problems
• Reputation for innovation • Holding too much stock
• Poor record keeping
OPPORTUNITIES THREATHS
• Similar products on the market are • Competitors have a similar product
not as reliable or are more • Competitors have launched a new
expensive advertising campaign
• Loyal customers • Competitor opening shop nearby
• Product could be on the market for • Downturn in economy may mean
Christmas people are spending less
• Customer demand - have asked
sales staff for similar product
•Task 1: Directions: Conduct a mini survey in your class. Gather pertinent data on
population across age brackets as suggested in the matrix.