SWOT

Running a business is hard work. With so many different things pulling at your attention, it's easy to get caught up in the minutia at the expense of the big picture. The only way to make sure your business sticks around for the long haul is to periodically step back and look at things from a broader perspective. That's where SWOT analysis comes in. A SWOT analysis will push you to look at your business's potential, whether you're just starting a business or working taking it to the next level. You won't just examine how your company is performing today, you'll investigate how it's going to perform next week, next month, and even next year Therefore, you should know how to conduct SWOT analysis, how to use SWOT Analysis to assess your organization's current position before you decide on any new strategy. Find out what's working well, and what's not so good. Ask yourself where you want to go, how you might get there - and what might get in your way. These are big issues, and you'll need a powerful but simple technique to help you: SWOT Analysis. This assignment will help you to discover what SWOT analysis is, how to conduct it, and how to apply its benefits to the max. First. select a well-known Local Company within a particular industry, and find information that helps you to identify the strengths, weaknesses, opportunities, and threats of this company through (the Internet, corporate website, employees, your experimentation, your personal opinion, and other sources). You should get a fairly good understanding of a firm's strengths, weaknesses, opportunities, and strengths. Second. draw up a SWOT Analysis matrix, or use the attached downloadable template. This is a 22 grid, with one square for each of the four aspects of SWOT. Figure 1 shows what it should look like. Third. write down the vision and mission of the chosen company. Running a business is hard work. With so many different things pulling at your attention, it's easy to get caught up in the minutia at the expense of the big picture. The only way to make sure your business sticks around for the long haul is to periodically step back and look at things from a broader perspective. That's where SWOT analysis comes in. A SWOT analysis will push you to look at your business's potential, whether you're just starting a business or working taking it to the next level. You won't just examine how your company is performing today, you'll investigate how it's going to perform next week, next month, and even next year Therefore, you should know how to conduct SWOT analysis, how to use SWOT Analysis to assess your organization's current position before you decide on any new strategy. Find out what's working well, and what's not so good. Ask yourself where you want to go, how you might get there - and what might get in your way. These are big issues, and you'll need a powerful but simple technique to help you: SWOT Analysis. This assignment will help you to discover what SWOT analysis is, how to conduct it, and how to apply its benefits to the max. First. select a well-known Local Company within a particular industry, and find information that helps you to identify the strengths, weaknesses, opportunities, and threats of this company through (the Internet, corporate website, employees, your experimentation, your personal opinion, and other sources). You should get a fairly good understanding of a firm's strengths, weaknesses, opportunities, and strengths. Second. draw up a SWOT Analysis matrix, or use the attached downloadable template. This is a 22 grid, with one square for each of the four aspects of SWOT. Figure 1 shows what it should look like. Third. write down the vision and mission of the chosen company