2. SWOT ANALYSIS
Strength: implies competitive advantage and
other distinctive competencies.
Weakness: inherent limitations that creates
disadvantages for a firm.
Opportunities and Threats: external issues and
are identified after
environmental and
competitive analysis.
4. KEY ISSUES IN SWOT ANALYSIS
STRENGTHS
Good competitive skills?
Adequate financial
resources?
An acknowledged market
leader?
Cost advantages?
Competitive advantages?
Product innovation abilities?
Other?
WEAKNESSES
No clear strategic direction?
Lack of managerial depth
and talent?
Missing any key skills?
Falling behind in R & D?
Poor track record in
implementing strategy?
Too narrow product line?
Weak market image?
Other?
5. Enter new markets?
Add to product line?
Add complementary
products?
Vertical integration?
Faster market growth?
Other?
Likely entry of new
competitors?
Slower market growth?
Adverse government
policies?
Changing buyer needs and
tastes?
Other?
OPPORTUNITIES THREATS
6. ADVANTAGES OF SWOT ANALYSIS
Analysis helps managers finding to questions such
as:
What the firm is good or weak at doing?
What kind of opportunities need to be exploited
keeping the strengths and weaknesses of the firm
in mind?
What strategies have to be chalked out to handle
the environmental threats?