Meaning of SWOT analysis
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Meaning of SWOT analysis

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 Meaning of SWOT analysis

SWOT analysis is a method of analyzing the external and internal environments by dividing them into positive and negative aspects, and is an acronym for Strength, Weakness, Opportunity, and Threat. will be called.

By using SWOT analysis, you can set appropriate marketing plans and organizational goals based on your company’s current situation. While

3C analysis

is performed from a customer-centered perspective, SWOT analysis is performed from a company-centered perspective.

SWOT analysis methods and points

The procedure for SWOT analysis is to first collect information on the external environment using

PEST analysis

or

five forces analysis

, and then analyze “O: Opportunities” and “T: Threats.”

 Meaning of SWOT analysis

Next, regarding “S: Strengths” and “W: Weaknesses,” we will analyze the internal environment from the following perspectives, for example. Please analyze the items from a free perspective, regardless of what is listed here.

 Meaning of SWOT analysis

1. Products and services

2. Sales/Marketing

3. Management

4. Technology/know-how

5. Human resources/organization

6. Finance

Once you have analyzed your strengths, weaknesses, opportunities, and threats, combine them in a matrix to guide your strategic goals from a multifaceted perspective.

 Meaning of SWOT analysis

It is important to base your SWOT analysis on facts and data as much as possible. Be careful not to overestimate your company, especially when considering positive factors such as strengths and opportunities.

 Meaning of SWOT analysis

Reference article

 Meaning of SWOT analysis

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