SWOT
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SWOT (Strengths, Weaknesses, Opportunities, Threats) is a framework for analyzing a product's market position.
Components
- Strengths: Internal positive factors
- Weaknesses: Internal negative factors
- Opportunities: External positive factors
- Threats: External negative factors
Usage
Used for strategic planning and competitive analysis. Helps evaluate internal capabilities and external market factors.
Examples and Applications
- Strategic Planning: Analyze strengths, weaknesses, opportunities, threats
- Career Planning: Personal SWOT analysis
- See also: Strategic Thinking, Career Goals Framework
Further reading
CIPD
SWOT analysis
Separate internal strengths and weaknesses from external opportunities and threats around a specific objective.