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In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, WOTS-UP, and situational analysis) [1] is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project.
For a summary of the relationship of SOFT to SWOT analysis, see SWOT analysis § History. During his working life Humphrey acted as consultant to over 100 companies globally. In 2005 he was listed in: [1] Who's Who in the World; Debrett's People of Today; Who's Who in the City; The Directory of Directors
The analysis is sometimes characterized as consisting of two sub-analyses, the first being the failure modes and effects analysis (FMEA), and the second, the criticality analysis (CA). [3] Successful development of an FMEA requires that the analyst include all significant failure modes for each contributing element or part in the system.
A SWOT analysis is used to evaluate the Strengths, Weaknesses, Opportunities, and Threats of a business, or organisation. The analysis involves identifying and analysing the key internal and external factors that impact the organisation’s ability to achieve its goals and objectives. [7] The four attributes of SWOT analysis are:
Porter five forces analysis, which addresses industry attractiveness and rivalry through the bargaining power of buyers and suppliers and the threat of substitute products and new market entrants; SWOT analysis, which addresses internal strengths and weaknesses relative to the external opportunities and threats;
Competitive analysis is an essential component of corporate strategy. [3] It is argued that most firms do not conduct this type of analysis systematically enough. Instead, many enterprises operate on what is called "informal impressions, conjectures, and intuition gained through the tidbits of information about competitors every manager ...
SWOT may refer to: SWOT, a Japanese media franchise; Cramming (education) or swotting; SWOT analysis, a method to evaluate strengths, weaknesses, opportunities and threats to identify risks and issues that need solving; Surface Water and Ocean Topography (SWOT), a NASA/CNES satellite altimeter
VRIO (value, rarity, imitability, and organization) is a business analysis framework for strategic management. As a form of internal analysis, VRIO evaluates all the resources and capabilities of a firm. It was first proposed by Jay Barney in 1991.