Marketing-SWOT-Analysis-PowerPoint-presentation.ppt

NavenduKumar32 51 views 14 slides Oct 06, 2024
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About This Presentation

marketing swot analysis


Slide Content

SWOT Analysis: SWOT Analysis:
Strengths, Weaknesses, Strengths, Weaknesses,
Opportunities, and ThreatsOpportunities, and Threats
Patrick Weasel HeadPatrick Weasel Head
The University of MontanaThe University of Montana
Missoula, MTMissoula, MT

What is a SWOT analysis and What is a SWOT analysis and
why should you use one?why should you use one?
•A SWOT analysis guides you to identify the positives A SWOT analysis guides you to identify the positives
and negatives inside your institution (S-W) and outside and negatives inside your institution (S-W) and outside
of it, in the external environment (O-T). of it, in the external environment (O-T).
•Developing a full awareness of your situation can help Developing a full awareness of your situation can help
with both strategic planning and decision-making. with both strategic planning and decision-making.
•The SWOT method was originally developed for The SWOT method was originally developed for
business and industry, but it is equally useful in other business and industry, but it is equally useful in other
arenas, and even personal growth. arenas, and even personal growth.
•SWOT is not the only assessment technique you can SWOT is not the only assessment technique you can
use, but is one with a long track record of effectiveness. use, but is one with a long track record of effectiveness.
The strengths of this method are its simplicity and The strengths of this method are its simplicity and
application to a variety of levels of operation. application to a variety of levels of operation.

When do you use SWOT? When do you use SWOT?
•A SWOT analysis can offer helpful perspectives at any stage of A SWOT analysis can offer helpful perspectives at any stage of
an effort. You might use it to: an effort. You might use it to:
–Explore possibilities for new efforts or solutions to problems. Explore possibilities for new efforts or solutions to problems.
–Make decisions about the best path for your initiative. Identifying your Make decisions about the best path for your initiative. Identifying your
opportunities for success in context of threats to success can clarify opportunities for success in context of threats to success can clarify
directions and choices. directions and choices.
–Determine where change is possible. If you are at a point of making a Determine where change is possible. If you are at a point of making a
decision, an inventory of your strengths and weaknesses can reveal decision, an inventory of your strengths and weaknesses can reveal
priorities as well as possibilities. priorities as well as possibilities.
–Adjust and refine plans mid-course. A new opportunity might open wider Adjust and refine plans mid-course. A new opportunity might open wider
avenues, while a new threat could close a path that once existed. avenues, while a new threat could close a path that once existed.
–SWOT also offers a simple way of communicating and is an excellent way SWOT also offers a simple way of communicating and is an excellent way
to organize information you have gathered from studies or surveys. to organize information you have gathered from studies or surveys.

What are the elements of a SWOT What are the elements of a SWOT
analysis? analysis?
•A SWOT analysis focuses on the four elements of the A SWOT analysis focuses on the four elements of the
acronym, but the graphic format you use varies acronym, but the graphic format you use varies
depending on the depth and complexity of your effort. depending on the depth and complexity of your effort.
•Remember that the purpose of performing a SWOT is Remember that the purpose of performing a SWOT is
to reveal positive forces that work together and to reveal positive forces that work together and
potential problems that need to be addressed or at least potential problems that need to be addressed or at least
recognized. Before you conduct a SWOT session, recognized. Before you conduct a SWOT session,
decide what format or layout you will use. decide what format or layout you will use.

Here are a few sample layouts-ideas of Here are a few sample layouts-ideas of
what your SWOT analysis can look like.what your SWOT analysis can look like.
•You can list internal and external opposites side by side. You can list internal and external opposites side by side.
InternalInternal ExternalExternal
StrengthsStrengthsWeaknessesWeaknessesOpportunityOpportunityThreatsThreats

Or if a looser structure helps you brainstorm, group the Or if a looser structure helps you brainstorm, group the
positives and negatives to think broadly about your institution positives and negatives to think broadly about your institution
PositivesPositives NegativesNegatives
•strengths strengths
•assets assets
•resources resources
•opportunities opportunities
•prospects prospects
•weaknesses weaknesses
•limitations limitations
•restrictions restrictions
•threats threats
•challenges challenges

This might be appropriate for a large This might be appropriate for a large
initiative that requires detailed planning.initiative that requires detailed planning.
STRENGTHS STRENGTHS
1.1.
2.2.
3.3.
WEAKNESSES WEAKNESSES
1.1.
2.2.
3.3.
OPPORTUNITIES OPPORTUNITIES
1.1.
2.2.
3.3.
4.4.
(OS) Strategies Use (OS) Strategies Use
strengths to take advantage strengths to take advantage
of opportunities of opportunities
1.1.
2.2.
(OW) Strategies overcome (OW) Strategies overcome
weaknesses by taking weaknesses by taking
advantage of opportunities advantage of opportunities
1.1.
2.2.
THREATS THREATS
1.1.
2.2.
3.3.
4. 4.
(TS) Strategies Use strengths (TS) Strategies Use strengths
to avoid threats to avoid threats
1.1.
2.2.
(TW) Strategies Minimize (TW) Strategies Minimize
weaknesses and avoid weaknesses and avoid
threats threats
1.1.
2.2.

Listing Your Internal Factors: Strengths and Listing Your Internal Factors: Strengths and
Weaknesses (S, W)Weaknesses (S, W)
•Internal factors include your resources and experiences. Internal factors include your resources and experiences.
General areas to consider are: General areas to consider are:
–Human resources - staff, board members, target population Human resources - staff, board members, target population
–Physical resources - your location, building, equipment (Does Physical resources - your location, building, equipment (Does
your building have a prime location? Does it need your building have a prime location? Does it need
renovations?) renovations?)
–Financial - grants, funding agencies, other sources of income Financial - grants, funding agencies, other sources of income
–Activities and processes - programs you run, systems you Activities and processes - programs you run, systems you
employ employ
–Past experiences - building blocks for learning and success, Past experiences - building blocks for learning and success,
your reputation in the community your reputation in the community

Listing External Factors: Listing External Factors:
Opportunities and Threats (O, T) Opportunities and Threats (O, T)
•Forces and facts that your group does not control include: Forces and facts that your group does not control include:
–Future trends - in your field (On line courses?) Future trends - in your field (On line courses?)
–The economy – tribal, local, national, or international The economy – tribal, local, national, or international
–Funding sources - foundations, federal, tribal, donors, Funding sources - foundations, federal, tribal, donors,
legislatures legislatures
–Demographics - changes in the age, race, gender, culture of Demographics - changes in the age, race, gender, culture of
those you serve or in your area those you serve or in your area
–The physical environment (Are you outgrowing your The physical environment (Are you outgrowing your
buildings, older buildings, increased utilities?) buildings, older buildings, increased utilities?)
–Legislation (Do new tribal, state, federal, accreditation Legislation (Do new tribal, state, federal, accreditation
requirements make your job harder-or easier?) requirements make your job harder-or easier?)
–Tribal, local, national or international events Tribal, local, national or international events

Who develops the SWOT? Who develops the SWOT?
•The most common users are institutional members who are The most common users are institutional members who are
responsible for decision-making and strategic planning. responsible for decision-making and strategic planning.
•An individual or small group can develop a SWOT analysis, but An individual or small group can develop a SWOT analysis, but
it will be more effective if you take advantage of many it will be more effective if you take advantage of many
stakeholders. stakeholders.
•Each person or group offers a different perspective on the Each person or group offers a different perspective on the
strengths and weaknesses and has different experiences of both.strengths and weaknesses and has different experiences of both.
•Likewise, one staff member, or stakeholder may have Likewise, one staff member, or stakeholder may have
information about an opportunity or threat that is essential to information about an opportunity or threat that is essential to
understanding your position and determining your future. understanding your position and determining your future.

When and where do you develop a SWOT analysis? When and where do you develop a SWOT analysis?
• Is often created during a retreat or planning session that allows several hours for both brainstorming and more structured analysis. Is often created during a retreat or planning session that allows several hours for both brainstorming and more structured analysis.
• The best results come when participants are encouraged to have an open attitude about possibilities. The best results come when participants are encouraged to have an open attitude about possibilities.
• The tone when creating a SWOT analysis is usually collaborative and inclusive. The tone when creating a SWOT analysis is usually collaborative and inclusive.
Designate a facilitator who has good listening and group process skills, and who can keep things moving and on track. Designate a facilitator who has good listening and group process skills, and who can keep things moving and on track.
Designate a recorder to back up the leader if your group is large. Use newsprint on a flip chart or a large board to record the analysis and discussion points. Designate a recorder to back up the leader if your group is large. Use newsprint on a flip chart or a large board to record the analysis and discussion points.
Introduce the SWOT method and its purpose in your institution. This can be as simple as asking, Introduce the SWOT method and its purpose in your institution. This can be as simple as asking, Where are we, where can we go?Where are we, where can we go?
Divide your stakeholders into smaller groups. Divide your stakeholders into smaller groups.
The size of these depends on the size of your entire group-breakout groups can range from three to ten. The size of these depends on the size of your entire group-breakout groups can range from three to ten.
Have each group designate a recorder, and provide each with newsprint or dry -erase board. Direct them to create a SWOT analysis in the format you choose-a chart, columns, a Have each group designate a recorder, and provide each with newsprint or dry -erase board. Direct them to create a SWOT analysis in the format you choose-a chart, columns, a
matrix, or even a page for each quality. matrix, or even a page for each quality.

How do you develop a SWOT How do you develop a SWOT
analysis? analysis?
1.1.Designate a facilitator who has good listening and group process Designate a facilitator who has good listening and group process
skills, and who can keep things moving and on track. skills, and who can keep things moving and on track.
2.2.Designate a recorder to back up the leader if your group is large. Designate a recorder to back up the leader if your group is large.
Use newsprint on a flip chart or a large board to record the Use newsprint on a flip chart or a large board to record the
analysis and discussion points. analysis and discussion points.
3.3.Introduce the SWOT method and its purpose in your institution. Introduce the SWOT method and its purpose in your institution.
This can be as simple as asking, This can be as simple as asking, Where are we, where can we go?Where are we, where can we go?
4.4.Divide your stakeholders into smaller groups. Divide your stakeholders into smaller groups.
5.5.The size of these depends on the size of your entire group-The size of these depends on the size of your entire group-
breakout groups can range from three to ten. breakout groups can range from three to ten.
6.6.Have each group designate a recorder, and provide each with Have each group designate a recorder, and provide each with
newsprint or dry -erase board. Direct them to create a SWOT newsprint or dry -erase board. Direct them to create a SWOT
analysis in the format you choose-a chart, columns, a matrix, or analysis in the format you choose-a chart, columns, a matrix, or
even a page for each quality. even a page for each quality.

How do you use your SWOT How do you use your SWOT
analysis? analysis?
•Knowledge is indeed power, and knowing what Knowledge is indeed power, and knowing what
the positives and negatives of your program are the positives and negatives of your program are
puts you in a more powerful position for action. puts you in a more powerful position for action.
While a SWOT analysis is not in itself action, it While a SWOT analysis is not in itself action, it
can be a "support team" to help you: can be a "support team" to help you:
–Identify the issues or problems you intend to change Identify the issues or problems you intend to change
–Set or reaffirm goals Set or reaffirm goals
–Create an action plan Create an action plan

To Sum Up To Sum Up
•A SWOT analysis identifies your S, W, O and T to A SWOT analysis identifies your S, W, O and T to
assist you in making strategic plans and decisions. assist you in making strategic plans and decisions.
•SWOT is a simple yet comprehensive way of assessing SWOT is a simple yet comprehensive way of assessing
the positive and negative forces within and without the positive and negative forces within and without
your organization, so you can be better prepared to act your organization, so you can be better prepared to act
effectively effectively
•The SWOT analysis prompts you to move in a balanced The SWOT analysis prompts you to move in a balanced
way throughout your program. way throughout your program.
•A SWOT analysis will be most helpful if you use it to A SWOT analysis will be most helpful if you use it to
support the vision and mission of your institution. support the vision and mission of your institution.
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