swot.docx
TRANSCRIPT
Tool which identifies the strengths, weaknesses, opportunities and threats of an organization. Assesses what an organization can and cannot do as well as its potential opportunities and threats. Take the information from an environmental analysis and separate it into internal (strengths and
weaknesses) and external issues (opportunities and threats). SWOT analysis determines what may assist the firm in accomplishing its objectives, and what obstacles
must be overcome or minimized to achieve desired results.
SWOT analysis may be used in any decision-making situation when a desired end-state (objective) has been defined. Examples include: non-profit organizations, governmental units, and individuals. SWOT analysis may also be used in pre-crisis planning and preventive crisis management.