what is swot analysis & Swot Analysis of a student

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Transcript of what is swot analysis & Swot Analysis of a student

  • 1. Every goal or objective needs a solid foundation(plan).
  • 2. Trying to make your work right?
  • 3. How do we develop a workable strategy?
  • 4. How do we make all the pieces fit?
  • 5. SWOT Analysis
  • 6. Introduction SWOT Analysis is a strategic planning tool used to evaluate the: Strengths, Weaknesses, Opportunities, Threats
  • 7. History of SWOT Analysis Developed at Stanford Funded by Fortune 500 companies Took 9 years to develop Involved 5000 interviews
  • 8. Internals Externals
  • 9. Strengths What you do very well maybe better than anyone else
  • 10. Weaknesses What you lack in or what you dont do very well
  • 11. Opportunities What is it that you could do but arent?
  • 12. Threats Elements in the environment that could cause trouble for the you to achieve objective or goal.
  • 13. Creative Use of SWOTs How can we Use each Strength? How can we Stop each Weakness? How can we use each Opportunity? How can we Defend against each Threat?
  • 14. Strengths Weaknesses Opportunities S-O Strategies W-O Strategies Threats S-T Strategies W-T Strategies SWOT Matrix Also known as TOWS Matrix Current conditions The Plan for the future
  • 15. Matching strengths to opportunities Otherwise known as: S-O or Maxi-Maxi strategy Using a strength to maximise an opportunity
  • 16. Matching weaknesses to opportunities Otherwise known as: W-O or Mini-Maxi strategy Improving capability to maximise an opportunity
  • 17. Matching strengths to threats Otherwise known as: S-T or Maxi-Mini strategy Minimising a threat with a strength
  • 18. Matching weaknesses to threats Otherwise known as: W-T or Mini-Mini strategy Minimising weaknesses and threats at same time (often last choice)
  • 19. Strategic Model Mission Values Vision Strategy Everything Balanced Strategic Initiatives Personal Objectives Strategic Outcomes Structural Engineer Contractor ---------- ----------- Why we exist What we believe in What we want to be our game plan Implementation & Focus What we need to do What I need to do How do we develop our Strategy!
  • 20. A strength can be a competitive advantage like - Believe in yourself - Positive Attitude - Focus - Intelligence - Ability to learn - Time Management - Sense of Responsibility - Specific Goals - Passion & Determination - Critical Thinking Ability - Supporting Environment - etc
  • 21. You have to believe in yourself, otherwise you can't do it. If you don't believe in yourself, how do expect anyone else to? Because ultimately, you're the one who has to do it. Donny Osmond Believe in yourself, and the rest will fall into place. Have faith in your own abilities, work hard, and there is nothing you cannot accomplish. Brad Henry
  • 22. A weakness can be a disadvantage such as - Procrastination - Poor Time Management - Non-supportive Environment - Irresponsible - Unrecognized Institution - Complex Goals - etc
  • 23. An opportunity can be - Good Institution - Scholarships - Good Mentor - Internships - Jobs - Backups - etc
  • 24. A threat can be - Hurdles - Health Problems - No Jobs - Discouragement - Bad Environment - May be friends - etc
  • 25. Strategies that can come from SWOT Analysis S-O W-O S-T W-T