Using your phone's internet browser
go to:  qna.rediff.com
Click and drag this link to
the Home icon in your browser.
Q.

How do you do SWAT analysis?

Tags: money, relationships, careers
Asked by vivek, 21 Jul '12 08:51 am
  Invite a friend  |  
  Save  |  
 Earn 10 points for answering
Answer this question  Earn 10 points for answering    
4000 characters remaining  
  
    
Keep me signed inNew User? Sign up

Answers (6)

 
1.

SWOT analysis is a strategic planning method used to evaluate the Strengths, Weaknesses/Limitations, Opportunities, and Threats involved in a project or in a business venture.
The aim of any SWOT analysis is to identify the key internal and external factors that are important to achieving the objective. These come from within the company's unique value chain. SWOT analysis groups key pieces of information into two main categories:
Internal factors The strengths and weaknesses internal to the organization.
External factors The opportunities and threats presented by the external environment to the organization
Source: wiki
Answered by LIPSIKA, 21 Jul '12 09:00 am

 
  
Report abuse
Useful
 (2)
Not Useful
 (0)
Your vote on this answer has already been received
2.

The SWOT analysis is a valuable step in your situational analysis. Assessing your firms strengths, weaknesses, market opportunities, and threats through a SWOT analysis is a very simple process that can offer powerful insight into the potential and critical issues affecting a venture.

The SWOT analysis begins by conducting an inventory of internal strengths and weaknesses in your organization. You will then note the external opportunities and threats that may affect the organization, based on your market and the overall environment. Dont be concerned about elaborating on these topics at this stage; bullet points may be the best way to begin. Capture the factors you believe are relevant in each of the four areas. You will want to review what you have noted here as you work through your marketing plan. The primary purpose of the SWOT analysis is to identify and assign each significant factor, positive and negative, to one of the four categories, allowing you to take an objective look ...more
Answered by Psycho, 21 Jul '12 09:16 am

 
  
Report abuse
Useful
 (2)
Not Useful
 (0)
Your vote on this answer has already been received
3.

Itz not SWAT analysis ....rather itz SWOT analysis....itz a tool of effective management.....

SWOT = STRENGTH, WEAKNESSES, OPPORTUNITIES & THREATS.
Strengths = Identification of the strengths or viability of the orgnisation which gives the privilige over the competiting partner.
Weaknesses = Identification of the weaknesses & challenges in the path of progresses and try to overcome the same.
Opportunities = Identification of the opportunities available at the disposal and how the same can be utilised vis-a-vis the Strengths and Weaknesses.
Threats = study of the potential threats to ones own organisation from the market existants or new comers and take the steps accordingly and to manage the risk involved in it...or take decisions to defend the same.

These are the basic tools of management.....
Answered by Pradipta pati, 21 Jul '12 03:17 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
4.

Mostly and I try to to convert my weakness and threat into opportunity and making it a strength .... it's a real thrill and ecstasy now. ...........not that every-time it is success but I don't count how many times , when and where I fell but see how quickly I get up from the fall . Of course in convenient hours , I look for why I fell and do the same SWOT analysis so that I don't repeat it .......... my guru tells me " When you are chewing on life's gristle, Don't grumble, give a whistle" :)) Only this whistle fails and becomes cacophony against " baalam tera nakhra, kar de paresaan re " hope you understand :)))
Answered by PARTHA PATHAK, 21 Jul '12 03:05 pm

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
5.

SWOT Analysis = Analysis of STRENGTH, WEAKNESSES, OPPORTUNITIES & THREATS.
Strengths- Identify the strengths of our own orgnisation which gives us the privilige over the competiting partner.
Weaknesses- Identify your own weaknesses and try to overcome the same.
Opportunities - Identify the opportunities available in the market and how these can be grabbed by taking into account the Strengths and Weaknesses.
Threats - study the potential threats to ones own organisation from the market existants or new comers and take the steps accordingly and manage the risk involved in it...or take decisions to defend the same.
Answered by Lawate Ankush, 21 Jul '12 10:01 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received
6.

SWOT Analysis is a simple but useful framework for analyzing your organization's strengths and weaknesses, and the opportunities and threats that you face. It helps you focus on your strengths, minimize threats, and take the greatest possible advantage of opportunities available to you.

SWOT Analysis can be used to "kick off" strategy formulation, or in a more sophisticated way as a serious strategy tool. You can also use it to get an understanding of your competitors, which can give you the insights you need to craft a coherent and successful competitive position.

When carrying out your SWOT Analysis, be realistic and rigorous. Apply it at the right level, and supplement it with other option-generation tools where appropriate.
Answered by jameel ahmed, 21 Jul '12 08:55 am

 
  
Report abuse
Useful
 (1)
Not Useful
 (0)
Your vote on this answer has already been received

Ask a Question

Get answers from the community

600 characters remaining