Friday 24 July 2015

Performing SWOT Analysis

Performing SWOT Analysis






For any work you do, your personality contributes a lot to the success of the work.

Self- analysis, analysing the environment in which we work, and the real knowledge about the work are the major factors that contribute to the success of your work.

 SWOT analysis is an effective method for identifying your strengths and weaknesses, and to examine the opportunities and threats you have.  

In addition, SWOT analysis is a strategic planning method used to evaluate the strengths, weaknesses, opportunities, and threats involved in a project or in a business venture.

 Generally, SWOT analysis is conducted for teams or groups by the team or project leader.

 The major benefits of performing SWOT analysis for an individual are:

1)It identifies the career growth of an individual.  It identifies the personal effectiveness and productivity of an individual.



2)It enables recognizing the potential of an individual which has not been identified so far.

 3)It nullifies the weaknesses of an individual and evolves a suitable action plan as a part of remedial measure.

4) It identifies the various training needs for an individual from his/her weaknesses identified during the SWOT analysis.

Thus, you can now identify that when performed for a team or group, SWOT analysis serves as a balance sheet indicating the health of the team/group. Thus, you can build your strengths and address your weaknesses by evolving appropriate action plans, leveraging your opportunities, and eliminating threats.







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