What will a SWAT or SWOT analysis tell me about my business?

Answer by  MartinFarmakov (285)

Just my specialty. The SWOT analysis is a process in which you see the influence of the external and the internal surroundings of the business. It means Strengths Weaknesses Opportunities and Threats. The strength and weaknesses are the internal part and the opportunities and threats are from the external analysis.

Answer by  klypos (271)

Strengths, Weaknesses, Opportunities, Threats analysis tells you where you are strong and weak, where to develop, and identifies competition. You pick a business objective, and see if you can get there. If you can't, you change the objective. Match the strengths and opportunities, and you can find other directions. Or you convert identified weaknesses into strengths, threats to opportunities.

Answer by  LeheckaG (1826)

A SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis evaluates an organization or project relative to a stated-objective. Strengths & Weaknesses are internal-attributes; and Opportunities & Threats are external-conditions. A SWOT-analysis is usually a very-preliminary-step of a more-complex-strategic-planning-process; There are many other-complementary-analyses: SCAN, PEST/PESTLE, 5/6-forces, 4-corners, VRIO, ... which can be used in conjunction with SWOT & a more-complex planning-process.

Answer by  CoachKat (88)

A SWOT analysis is used to evaluate the Strengths, Weaknesses, Opportunities and Threats (hence the acronym SWOT) to your business. Strengths and Weaknesses are internal, Opportunities and Threats are external. The internal analysis refers to the measurements of your capabilities. The external refers to how outside environments affect your business.

Answer by  Liz59 (10966)

Well, a SWOT analysis is an analysis about strengths, weaknesses opportunities and threats of a business. It will tell you how you line against your competitors.

Answer by  xAtomichamsterx (100)

A SWOT analysis will tell you your business's Strenths, Weaknesses, Opportunities and Threats, which means you can work on your weaknesses and play up your strenths, and also prepare for potential problems indicated by the Opportunities and Threats section.

Answer by  Jjl (32)

A SWOT analysis will explore the strengths, weaknesses, opportunities and threats to your business. When the market offers you opportunities, you need to develop strengths in this field in order to be successful. When you see threats, you need work on your weaknesses in order not to fail.

Answer by  wolfbane (29)

An acronym for strengths, weaknesses, opportunities, threats, this can tell you where your strengths lie, what can be improved upon, what opportunities you have and where your potential threats are.

Answer by  jconk (62)

A SWOT analysis may be used as a strategic planning tool to determine the direction a business should take. It will tell you is you are positioned correctly.

Answer by  rehan (26)

it will tell:- 1) what are strenghts of your business e.g. strong brand 2) weaknesses of your business e.g. outdated technology 3) opportunities e.g. new market 4) threats e.g. a competitor etc

Answer by  jayk14 (11)

A SWOT analysis will indicate the strengths, weaknesses, oppurtunities and threats to your business. It will analyse what parts of your business are doing well, poorly or need to be changed.

Answer by  mansi (521)

SWOT analysis tells you about: Strengths Weaknesses Opportunities, and Threats .. list down the things under each category and then take dsecisions accordingly. it is most succesful tool for operating smoothly in this highly competitive world.