Theory on SWOT For Lesson 6.

Slides:



Advertisements
Similar presentations
MGS 3040 Chapter 3 Ulas Senger Group C
Advertisements

SWOT Analysis MKT 3850 Dr. Don Roy. What is SWOT? S trengths W eaknesses O pportunities T hreats SWOT reflects organization at a given point in time.
SWOT Analysis Introduction
Aim of SWOT Analysis Take advantage of strengths and opportunities Minimize weaknesses and eliminate threats.
Marketing research and Marketing Planning at Nestle.
SEM Part II SWOT Analysis.
SWOT Analysis  Acronym for –Strengths –Weaknesses –Opportunities –Threats  An important strategic planning tool.  Provides managers with a critical.
Intro to Marketing.  Find “Exercise – SWOT Day 1” in teacher outbox.  Complete Part 1 – your career goal.
Module 1 SWOT – Strengths, Weaknesses, Opportunities and Threats.
Swot Analysis SWOT ANALYSIS Positive Negative Strengths Weaknesses
Strengths. Weaknesses. Opportunities. Threats.
BUSINESS AND MANAGEMENT MODULE 1 BUSINESS ORGANIZATIONS & ENVIRONMENT.
P4.
Reaching New Heights... Developing the Strategy Chapter VI Integrating Marketing in the Leisure Industry.
SWOT analysis: Strengths Weaknesses Opportunities Threats.
Marketing Planning Ms. Smith. Good Marketing Relies on Good Plans…  Therefore, it’s critical to look at itself and its business environment.  Companies.
© Group LLC SWOT Analysis The Product Marketing & Product Management Experts Consulting ● Contractors ● Training ● Templates ™ Copyright 2007,
SWOT as a Strategic Management Tool
SWOT Analysis. SWOT ( Internal) Strengths ( Internal) A firm’s resources and capabilities that can be used as a basis for developing a competitive advantage.
CHAPTER 6 Strategy Formulation: Situation Analysis & Business Strategy
Swot Analysis SWOT ANALYSIS PositiveNegative Internal External StrengthsWeaknesses OpportunitiesThreats.
SWOT A NALYSIS Young Entrepreneurs Project StrengthsWeaknesses OpportunitiesThreats Inside Your Company Outside YourCompany.
Principles and Practice of Marketing David Jobber Chapter 2 Market Planning: An Overview of Marketing.
1 UNIT 6: STRATEGIC ANALYSIS: EXTERNAL ANALYSIS. 2 Two sets of factors primarily shape a company’s strategy: -External factors (macro environment, industry,
SWOT Analysis. What is a SWOT A strategic planning method used to evaluate a project or business venture. YOU must first start by defining a desired end.
INTERNAL EXAM EXTERNAL EXAM SWOT W O T S STRENGTHS POSITIVE INFLUENCES NEGATIVE INFLUENCES OPPORTUNITIES WEAKNESSESTHREATS.
S W O T SWOT Analysis HELPFUL HARMFUL To achieving the objectives
SWOT Analysis INTERNAL FACTORS EXTERNAL FACTORS STRENGTHS WEAKNESSES OPPORTUNITIES THREATS SW OT Your text goes here HARMFUL To achieving the objectives.
©2014 HCIA & Company 1 This file is part of the HCIA & Company Business Plan Toolkit. Copyright 2014, HCIA & Company. All Rights Reserved. SWOT Analysis.
Hospitality and Tourism 110
Market Planning Standard 2. Situational Analysis The situation analysis is the foundation of the strategic planning process. The situation analysis includes.
Management Practices Lecture-5 1. Recap Behavioral Management The Hawthorne Studies Theory X and Y Theory X v. Theory Y Theory Z Systems Considerations.
S.W.O.T. Analysis Entrepreneurship.
Lim Sei cK.  SWOT analysis is a method for analyzing a business, its resources, and its environment.
Goals of Advertising. Brand Awareness and Positioning  Make people aware that the brand exists and how it’s positioned Brand Trial  Encourage customers.
SWOT ILLUSTRATIONS Your own footerYour Logo StrengthsWeaknesses OpportunitiesThreats SWOT Text example Replace it with own Text example Replace it with.
SWOT Analysis The SWOT (strengths, weaknesses, opportunities and threats) analysis identifies and describes the organization’s strengths and weaknesses.
Team Review. Norms O Equity of Voice O Active Listening O Respect for All Perspectives O Safety and Confidentiality O Respectful Use of Technology.
SWOT Analysis. By the end of this session: 1. Everybody will be able to explain each element of the SWOT matrix and complete one on your chosen organisation.
Strength Text text text text Weakness Text text text text Opportunity Text text text text Threat Text text text text SWOT Analysis.
Personal SWOT Analysis (use these prompts to help you)
SWOT Analysis Internal/Organizational Strengths Weaknesses External/Market Opportunities Threats To plan effectively, organizations need to fully understand.
How to conduct a SWOT analysis
Future Business Leaders of America Wednesday September 19th
Enterprise & Employability
INSERT YOUR COMPANY’S NAME HERE
SWOT ANALYSIS. This is a sample text. Insert your desired text here WEAKNESS This is a sample text. Insert your desired text here OPPORTUNITY This is.
Input your Massage Text / Input your Massage Text
How to conduct a SWOT analysis
SWOT Analysis Use this space for description of Strengths: Point 1
STRENGTHS OPPORTUNITIES WEAKNESSES THREATS
Internal/Organizational
Market Analysis - SWOT A2 Business Studies.
Higher Business Management
کنکور کارشناسی ارشد 93 مدیریت
کارگاه آموزشی : راهکار های استفاده از مزیت نسبی وایجاد مزیت رقابتی
كيف تكتب خطة تشغيلية لمنظمة **
الفصل السادس التخطيط الاستراتيجي الأنشطة التسويقية
نظام تحسين العمليات المستمر وفرق العمل
כלי אבחון.
التخطيط الاستراتيجي الأنشطة التسويقية
تحويل الأفكار إلى مشاريع
SWOT Analysis Strengths Weaknesses Opportunities Threats.
“Қазіргі таңда жастарға ақпараттық технологиямен байланысты әлемдік стандартқа сай мүдделі жаңа білім беру өте-мөте қажет” Н.Ә. Назарбаев.
Strategic Analysis.
MARKETING Competition.
SWOT ANALYS.
Arc’teryx By Philippe Dionne.
SWOT Analysis Strengths Weaknesses Opportunities Threats Overview
Environmental Scanning Template
Presentation transcript:

Theory on SWOT For Lesson 6

A SWOT analysis is used to look at a Business current position. It looks at both internal factors (from in the business) and external factors (outside the business). It’s a planning tool to help with future decisions. SWOT Analysis

Strengths Weaknesses Opportunities Threats SWOT (acronym for)

Strengths (Internal Factor) What has the business been good at in the past Strengths (Internal Factor)

Weaknesses (Internal Factor) What has the business been bad at Weaknesses (Internal Factor)

Strengths (Internal Factor) Opportunities What has the business could do well at. Factors outside the business that could help Strengths (Internal Factor)

Strengths (Internal Factor) Threats Problems the business may face or could harm the business Strengths (Internal Factor)

SWOT = areas to be looked at Strengths: A basic list of possible strengths that the company does well e.g. Brand name Location People Customer Service Competition Advertising Weaknesses: A basic list of possible weaknesses that may prevent the company from achieving goals e.g. Standards Culture Training Opportunities: What overall opportunities can the company improve upon e.g. Specific Markets Local Marketing Database Website Threats: Threat represent things which are external and beyond the control of the company: Direct competition Indirect competition Technology Economic climate SWOT = areas to be looked at

http://www.youtube.com/watch?v=AXVhTBTsZVY Video on SWOT

Example SWOT analysis for Disney http://www.strategicmanagementinsight.com/swot-analyses/walt-disney-swot-analysis.html