Difference between revisions of "SWOT analysis"
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According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | According to the [[BABOK Guide|BABOK Guide (3rd edition)]], | ||
:[[SWOT analysis]]. See strengths, weaknesses, opportunities and threats analysis. | :[[SWOT analysis]]. See strengths, weaknesses, opportunities and threats analysis. | ||
+ | According to the [[Corporate Strategy by Lynch (4th edition)]], | ||
+ | :[[SWOT analysis]]. An analysis of the strengths and weaknesses present internally in the organization, coupled with the opportunities and threats that the organization faces externally. | ||
==Components== | ==Components== | ||
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*[[Feasibility Study Quarter]]. | *[[Feasibility Study Quarter]]. | ||
− | [[Category: Management]][[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Business Analysis]] | + | [[Category: Management]][[Category: Septem Artes Administrativi]][[Category: Articles]][[Category: Business Analysis]][[Category: Strategic Management]] |
Latest revision as of 09:17, 12 July 2020
SWOT analysis (alternatively known as SWOT framework; hereinafter, the Framework) is a tool that maps analyses of the enterprise environment. SWOT is an acronym for strengths, weaknesses, opportunities, and threats.
Definition
According to Management by Robbins and Coulter (14th edition),
- SWOT analysis. An analysis of the organization's strengths, weaknesses, opportunities, and threats.
According to the BABOK Guide (3rd edition),
- SWOT analysis. See strengths, weaknesses, opportunities and threats analysis.
According to the Corporate Strategy by Lynch (4th edition),
- SWOT analysis. An analysis of the strengths and weaknesses present internally in the organization, coupled with the opportunities and threats that the organization faces externally.
Components
- Strength. Any activity the organization does well or its unique resource.
- Weakness. An activity the organization does not do well or a resource it needs but does not possess.
- Opportunity. A positive trend in the enterprise environment.
- Threat. A negative trend in the enterprise environment.