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SWOT analysis
} Strengths } Weaknesses [Limitations] } Opportunities } Threats
SWOT
S O
Strengths
W T
Weaknesses
Opportunities
Threats
} Matching
Internal 4ps
} Personnel } Finance } Manufacturing } Capabilities } Strengths
& Weaknesses
External
} Threats-Opportunities
}
Ecosystem
} Government } Law-Regulations } Competitors } Partners } Clients } Complementary/completive products
Why SWOT?
} }
SWOT analysis is not perfect is not the absolute truth (law of relativity?) SWOT Useful tool for decision making over either Profit oriented Organizations or NGOs as far a desire end state [goal] has been Defined Other use
} }
Pre-crisis planning prevent the crisis to come Recommendation and new ways for doing business (introduce innovation)
SWOT LANDSCAPE
http://en.wikipedia.org/wiki/File:SWOT-landscape.jpg
Corporate Planning
1.Set Objectives What we are going to do 2. Environmental Scanning [present situation] +[portfolio]+ [lifecycle analysis] 3. Analysis of Existing Strategies gap analysis [ecosystem]
4.Strategic Issues what are the key factors ? 5.Develop Innovation revised strategic tactics New ways
Corporate Planning
} 6.Establish [Critical success factors [achievement objectives Strategy Implementation] } 7.Preparation [operational, resources, projects plans, strategic implementation]
8.Monitoring
[how is going, whats up doc? Corrective actions? (Socrate)
Research
} Always
}
Benchmarking[kind though]: competitor analysis Ecosystem entities profile design and review Entitles profiles : Costs, resources, profits, competencies , positioning, advantages, vertical integration, what their change management strategies (history), best practices
Marketers employs several techniques to collect the information they are in need such as :
Qualitative Marketing Research
}
[statistical surveys] } Innovative research tools (i.e social media) Observation Scanning Best Practices-TQM-Benchmarking
SWOT in HRM
Reputation in Marketplaces Expertise at Partner level in HRM Consultancy
Shortage of Consultants at operating level rather than partner level Unable to deal with multi-disciplinary assignments because of size or lack of ability
S
Well established position with a well defined market niche Identified market for consultancy in areas other than HRM
W T
Large consultancies operating at a minor level Other small consultancies looking to invade the marketplace
Reference
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http://en.wikipedia.org/w/index.php?title=SW OT_analysis&printable=yes http://www.scribd.com/doc/56839424/Cloudmedia-reshapes-the-way-to-do-Business http://www.scribd.com/doc/56839424/Cloudmedia-reshapes-the-way-to-do-Business http://www.scribd.com/doc/55240105/Doingbusiness-in-Greece University of surrey interclass noted over marketing module Marketing and Management interclass notes