swot analysis
TRANSCRIPT
Marketing research - Marketing research in small businesses and nonprofit organizations
1 Analyze market trends, growth, market size, market share, market
competition (e.g. SWOT analysis, B/C Analysis,channel mapping identities
of key channels, drivers of customers loyalty and satisfaction, brand perception, satisfaction levels,
current competitor-channel relationship analysis, etc.),etc.;
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Marketing research - Marketing research in small businesses and nonprofit organizations
1 Formulating market strategy & also investigating the possibility of partnership/ collaboration (e.g.
Profiling & SWOT analysis of potential partners, evaluating business
partnership.)
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Marketing management - Structure
1 In competitor analysis, marketers build detailed profiles of each competitor in the
market, focusing especially on their relative competitive strengths and weaknesses
using SWOT analysis. Marketing managers will examine each competitor's cost
structure, sources of profits, resources and competencies, competitive positioning and product differentiation, degree of vertical
integration, historical responses to industry developments, and other factors.
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New product development - The eight stages
1 Ideas for new products can be obtained from basic research using a SWOT analysis
(Strengths, Weaknesses, Opportunities & Threats). Market and consumer trends,
company's R&D department, competitors, focus groups, employees, salespeople,
corporate spies, trade shows, or ethnographic discovery methods (searching for user patterns and habits) may also be
used to get an insight into new product lines or product features.
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Benchmarking - Benefits and use
1 Mission and Vision Statements and Customer (Client) Surveys are the
most used (by 77% of organizations) of 20 improvement tools, followed by SWOT analysis (72%), and Informal Benchmarking (68%). Performance
Benchmarking was used by 49% and Best Practice Benchmarking by 39%.
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Venture funding - The Third Stage
1 This can become more visible by doing a SWOT analysis
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SWOT analysis
1 A SWOT analysis can be carried out for a product, place, industry or person
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SWOT analysis
1 Setting the objective should be done after the SWOT analysis has been
performed. This would allow achievable goals or objectives to be
set for the organization.
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SWOT analysis
1 Users of SWOT analysis need to ask and answer questions that generate
meaningful information for each category (strengths, weaknesses,
opportunities, and threats) to make the analysis useful and find their
competitive advantage.
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SWOT analysis - Internal and external factors
1 SWOT analysis aims to identify the key internal and external factors
seen as important to achieving an objective. The factors come from within a company's unique value chain. SWOT analysis groups key
pieces of information into two main categories:
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SWOT analysis - Internal and external factors
1 SWOT analysis is just one method of categorization and has its own
weaknesses. For example, it may tend to persuade its users to compile lists rather
than to think about actual important factors in achieving objectives. It also presents the resulting lists uncritically and without clear prioritization so that, for example, weak opportunities may
appear to balance strong threats.
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SWOT analysis - Use
1 The usefulness of SWOT analysis is not limited to profit-seeking organizations. SWOT analysis may be used in any decision-making situation when a desired end-state (objective)
has been defined. Examples include: non-profit organizations, governmental units, and individuals. SWOT analysis may also be used
in pre-crisis planning and preventive crisis management. SWOT analysis may also be
used in creating a recommendation during a viability study/survey.
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SWOT analysis - Marketing
1 In many competitor analyses, marketers build detailed profiles of each competitor in the
market, focusing especially on their relative competitive strengths and weaknesses using
SWOT analysis. Marketing managers will examine each competitor's cost structure,
sources of profits, resources and competencies, competitive positioning and product differentiation, degree of vertical
integration, historical responses to industry developments, and other factors.
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SWOT analysis - Marketing
1 Below is an example SWOT analysis of a market position of a small management consultancy with
specialism in HRM.
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Strategic management - Models and conceptual frameworks of strategic management
1 The difficulty of fully comprehending and responding to the complex issues faced by an
organization has led to a proliferation of strategic management models and frameworks. Each of
the various models attempts to organize a number of issues and make them more readily
understandable. One of the most basic and widely-used frameworks is the SWOT analysis, which examines both internal elements of the
organization — 'S'trengths and 'W'eaknesses — and external elements — 'O'pportunities and
'T'hreats.
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Strategic management - Origin
1 This core idea was developed into what we now call SWOT analysis by Learned, Kenneth
R
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Strategic management - Competitive advantage
1 It is like a SWOT analysis with structure and
purpose
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Market analysis
1 Finally, with the help of a SWOT analysis, adequate business
strategies of a company will be defined
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Enterprise planning systems - Strategy via analysis
1 A sample framework for general analysis is the SWOT analysis.
Another is the Balanced Scorecard for performance measurement
analysis.
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Business analysis - SWOT
1 The four attributes of SWOT analysis:
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Continuing professional development - Institute of Administrative Management
1 Development of your PPDP is based upon the individuals SWOT Analysis.
Its purpose is to assist them to formulate a set of development
activities covering a period of twelve months. Long-term career plans
should cover development activities for the next twelve
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Continuing professional development - Institute of Administrative Management
1 At the end of the twelve month period, having reviewed the
individuals activities they are required to complete the Summary Sheet. The process is repeated for
the second and subsequent years by reviewing and updating your SWOT Analysis and then drawing up a new
PPDP.
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Strategic planning - Tools and approaches
1 Among the most widely used tools for strategic planning is SWOT
analysis which means (Strengths, Weaknesses, Opportunities, and
Threats). The main objective of this tool is to analyze internal strategic factors, strengths and weaknesses attributed to the organization, and external factors beyond control of
the organization such as opportunities and threats.
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Product development - The eight stages
1 #*Ideas for new products can be obtained from basic research using a SWOT analysis
(Strengths, Weaknesses, Opportunities Threats). Market and consumer trends,
company's RD department, competitors, focus groups, employees, salespeople,
corporate spies, trade shows, or ethnographic discovery methods (searching for user patterns and habits) may also be
used to get an insight into new product lines or product features.
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VPEC-T - Use
1 Techniques such as VPEC-T, SCORE and even classic SWOT analysis will be helpful in identifying the impacts
of any values-conflicts.
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Small-scale project management - Adopting an AGILE approach
1 At the completion of each iteration the project team might be required to use a simple tool such as a SWOT
analysis as a risk register which captures both positive and negative
risk attributes
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PESTLE - Use of PEST analysis with other models
1 The PEST factors, combined with external micro-environmental factors and internal drivers, can be classified
as opportunities and threats in a SWOT analysis.
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Swot
1 *SWOT analysis, a strategic planning tool used to evaluate the Strengths,
Weaknesses, Opportunities, and Threats involved in a project
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Marketing plan - Medium-sized and large organizations
1 # 'Opportunities / Issue Analysis - SWOT Analysis'
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List of business theorists - H
1 * Albert S Humphrey – strategic planning,
SWOT analysis (1970s, 1980s)
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Pitch book
1 The pitch book may employ a SWOT analysis (Strengths, Weaknesses, Opportunities, and Threats). Comps, or Comparable Company Analysis may also be presented. In a comp,
an investment bank will present industry specific details, trends, macro- and
microeconomic and company specific analysis, which will not only support the
investment bank's vision but also support reasoning for a particular future valuation
discussion for the potential client.
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Product planning - Studying the market
1 Some companies may also do a SWOT analysis (strengths,
weaknesses, opportunities and threats), according to NetMBA.com, which will help them compare their strengths and weaknesses against
those of key competitors
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Need assessment - Extensive needs assessment vs. intensive needs assessment
1 One type of 'extensive needs assessment' is SWOT analysis. SWOT
stands for strengths, weaknesses, opportunities, and threats. The basic
process involves gathering information about an organization’s activities and outcomes within a set time period. The figure below lists a
simplified version of the SWOT process.
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Porter five forces analysis
1 Porter developed his Five Forces analysis in reaction to the then-
popular SWOT analysis, which he found unrigorous and ad hoc.Michael
Porter, Nicholas Argyres, Anita M
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Corporate strategy - Origins
1 Andrews in 1963 into what we now call SWOT analysis, in which the
strengths and weaknesses of the firm are assessed in light of the
opportunities and threats in the business environment.
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Corporate strategy - Environmental analysis
1 *Relationship of internal and external environment: SWOT analysis is one of the most basic and widely used frameworks, which examines both
internal elements of the organization — 'S'trengths and 'W'eaknesses —
and external elements — 'O'pportunities and 'T'hreats. It helps examine the organization's resources
in the context of its environment.https://store.theartofservice.com/the-swot-analysis-toolkit.html
PEST analysis - Use of PEST analysis with other models
1 The PEST factors, combined with external micro-environmental factors and internal drivers, can be classified as opportunities
and threats in a SWOT analysis. A graphical method for PEST analysis called
'PESTLEWeb' has been developed at Henley Business School in the UK. Research has
shown that PESTLEWeb diagrams are considered by users to be more logical,
rationale and convincing than traditional PEST analysis.
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Strategic planning software - The Initial Vision of Strategic Planning Software
1 SWOT analysis (strengths, weaknesses, opportunities, threats) is a good example of a heuristic that is useful but also easy to misapply
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Six Forces Model
1 The 'six forces model' is a market opportunities analysis model, as an extension to Porter five forces analysis and is more robust than a standard SWOT analysis. However,
factors internal to the firm, which are often perceived to be the only true sources of sustained competitive
advantage (Barney, 1991) are omitted.
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Strategic fit - Classification
1 Several tools have been developed one can use in order to analyze the
resources and capabilities of a company. These include SWOT
analysis|SWOT, value chain analysis, cash flow analysis and more.
Benchmarking with relevant peers is a useful tool to assess the relative
strengths of the resources and capabilities of the company
compared to its competitors. https://store.theartofservice.com/the-swot-analysis-toolkit.html
Tudor IT Process Assessment - Overview
1 The gap analysis helps identify SWOT analysis|SWOTs, get a clear picture of
the current state and identify improvement recommendations.
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Tudor IT Process Assessment - TIPA specifics
1 - TIPA highlights the need to perform a sound SWOT analysis as part of the
assessment process for process improvement.
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Beneful
1 'Beneful' is a brand of dog food products by Nestle Purina Petcare
that includes wet dog food, dry food and treats. As of 2012, it was the
fourth most popular dog food brand, generating $141.7 million in
revenues. According to a SWOT analysis by Marketline, Beneful is one
of Nestle Purina's more significant brands by revenue.
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Strategic plan - Tools and approaches
1 * SWOT analysis, which addresses internal strengths and weaknesses
relative to the external opportunities and threats;
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