SWOT Analysis Framework
A strategic planning tool to evaluate Strengths, Weaknesses, Opportunities, and Threats.
Framework Overview
SWOT analysis provides a structured method to assess internal capabilities and external factors affecting business success.
Analysis Components
Strengths (Internal, Positive)
- Core competencies
- Unique resources
- Competitive advantages
- Strong brand/reputation
- Skilled workforce
- Proprietary technology
Weaknesses (Internal, Negative)
- Resource limitations
- Skill gaps
- Process inefficiencies
- Technology debt
- Market position weaknesses
- Financial constraints
Opportunities (External, Positive)
- Market growth
- Emerging technologies
- Regulatory changes
- Partnership possibilities
- Unmet customer needs
- Geographic expansion
Threats (External, Negative)
- New competitors
- Market shifts
- Economic downturns
- Regulatory risks
- Technology disruption
- Supply chain issues
Implementation Process
1. Preparation
- Define scope and objectives
- Assemble diverse team
- Gather relevant data
- Set analysis timeframe
2. Brainstorming
- Individual idea generation
- Group discussion
- Categorization of factors
- Prioritization exercise
3. Analysis
- Cross-impact analysis (SO, ST, WO, WT strategies)
- Weight and rate factors
- Identify critical success factors
- Develop strategic options
4. Strategy Development
SO Strategies (Strength-Opportunity)
Leverage strengths to capture opportunities
WO Strategies (Weakness-Opportunity)
Overcome weaknesses to pursue opportunities
ST Strategies (Strength-Threat)
Use strengths to mitigate threats
WT Strategies (Weakness-Threat)
Defensive strategies to minimize risks
Best Practices
- Be specific and factual
- Focus on critical factors
- Consider multiple perspectives
- Update regularly
- Link to action plans
- Quantify when possible
Output Template
SWOT Matrix
| Internal | External |
|---|---|
| Strengths | Opportunities |
| β’ List items | β’ List items |
| Weaknesses | Threats |
| β’ List items | β’ List items |
Strategic Actions
- Priority initiatives
- Resource allocation
- Timeline and milestones
- Success metrics