![]() Because SWOT looks internally and externally, it's helpful when you need to make big guiding decisions. You need to decide on positioning (or prepare to pivot). Your analysis will stand on firmer ground with quantitative or qualitative insights. Whichever level you choose, the analysis gives you a broad picture of conditions. You can apply SWOT to your entire company or narrow in on a niche, market, or department. That's powerful stuff, but it doesn't mean you should lean on this method in every scenario. When you should (and shouldn't) use SWOTĪ SWOT analysis helps you understand your business and how it exists in context. ![]() If you've ever prepped for a family gathering by tallying which cousins will be in attendance and what world events your uncle might rattle on, you've done a SWOT analysis. ![]() Think of a SWOT analysis as a way to read the room, so you can make informed decisions. Opportunities (O) and threats (T) consider the industry and competitors. Strengths (S) and weaknesses (W) relate to the company.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |