SWOT Analysis & Sketching your essay
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1.
2.
3.
4.
5. 6. 7.
SWOT Overview Strengths Weaknesses Opportunities Threats Examples - Activity After your SWOT
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is a planning technique used to summarise your strategic environments. provides a structure
It
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Macro
Environment Analysis Environment Analysis Environment Analysis
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Industry Internal
Macro Social
Environment Analysis
Cultural
Economic Political Global
Technological
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Industry
Environment Analysis Industry sales Industry growth Market segment Growth of segment Supplier power Buyer power Substitutes
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Internal
Environment Analysis Reputation Brand Value Resources Core competencies Technology Alliances Goodwill
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Why
do External and Internal Environment Analysis?
identify your strength and weakness in the business
environment
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To
SWOT is a summary of your
Strengths Weaknesses Opportunities Threats
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Internal
External
The Four Step Strategic Planning Process
Your SWOT Analysis will summarise your Strategic Analysis
Strategic Analysis
SWOT
Strategic Choice Strategic Implementation Strategic Control
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Core Capability
Your
are better than your competitors Your product is hard to replicate Your business is valued by your customer(s)
You will find your strengths only when completing your internal analysis.
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Competitors have advantage over you
You will find your weaknesses only when completing your internal analysis
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A condition in your external environments that can help you improve your position than that of your competitors.
You will find your opportunities when completing your industry and macro environment analysis.
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A forecast environmental condition that is out of your control and can harm your businesses profitability.
You will find your threats when completing your industry and macro analysis.
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Tangible
Strengths
Equipment Unique products Cost advantages
Intangible
Strengths
Strong brands Your reputation Patents Experience
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Tangible Weaknesses
Old plant and equipment Narrow product line Poor financial resources
Intangible Weaknesses
Weak or unrecognised brand Poor customer relationships Lack of industry knowledge
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Industry
Opportunities
Expand product range Diversify Export or increase geographic cover
Macro
Opportunities
Favourable law changes Growth in economy
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Industry Threats
Low cost imports Substitute products Market decline
Macro Threats
Exchange and Interest rates Demographic changes Increasing regulation
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How to maximize Strength
How to maximize Opportunities
How to Minimize Weakness How to Minimize Threats
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Introduction
Role of the company Position of the company in the industry History Background
Body
The strength-What the company can and should do
Weakness - How can it be reduced Opportunities -How to take advantage of it Threats How to reduce it
Conclusion
Summarize main points
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Introduction
Role
of the company Position of the company in the industry What this paper is about In addition what will this paper discuss
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Body
What
is your company/business /products success? What is the main feature that led to the success?
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Body
History
/ Back ground Information of your company/business /products
Body 3 The strength What the company can and should do
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Body
4, 5, 6
Weakness - How can it be reduced Opportunities -How to take advantage of it Threats How to reduce it
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Body
Summarize your recommendations
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Conclusion
Summarize main points What your addressed in the paragraphs.
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