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What is SWOT Analysis?

Datetime:2012-05-21 20:12From:Unknown Author:swot analysis Click:
SWOT Analysis is a great tool and technique for analyzing the internal and external factors that can impact your business or personal life.

SWOT Analysis is a great tool and technique for analyzing the internal and external factors that can impact your business or personal life. SWOT is an acronym for Strengths, Weaknesses, Opportunities and Threats and is performed to give you a one-stop diagramatic view on your business. Identifying and analyzing these criteria gives you a snapshot of how an organization or project is doing.

Free SWOT Analysis Template

SWOT is great because with a little bit of thought, it can help you uncover opportunities that you are well positioned to exploit. And by understanding the weaknesses of your business, you can manage and eliminate threats that would otherwise negatively impact you. Finally, looking at your business and environment with a SWOT diagram will help you develop an overall strategy for your business that will put you head and shoulders above the competition.

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