SWOT refers to Strength, Weakness, Opportunities, Threats, . Strength--What you do well or what are you good at; For example, like good team manager; strong communication skills; good inter-personal skills, good project manager, Pro-active Weaknesses could be something that you need improvement on; and what a person should avoid. For example, doing too many things at same time; high on anger when things are not occurring the way you want those to occur; getting panicked, if something is going out of hands; unable to keep your composure etc. Opportunities--What options are available in front of you to grasp For example, to enhance your skills while you are working; cross train your resources; taking full advantage of the resources available to you; support from your family members, co-workers etc. Threats--All the risks that you may or may not have foreseen and whether you are ready for them or not For example, health problems, financial crisis, personal losses; increase in competition etc. 3. Then strategize on the most important O and T considering your S and W. Based on this develop a strategic action plan (start this year 2023 and cumulatively overtime you must achieve competitive advantage by 2028 – 5 years from now) a. Provide at least 3-5 strategic action plans per year (SMARTER – specific, measurable, attainable, realistic, ethical, relevant). b. Present in bullet points with time frame included (2022, 2023, 2024, 2025, 2026 and 2027) c. You may create a design/presentation in the output
SWOT refers to Strength, Weakness, Opportunities, Threats, .
Strength--What you do well or what are you good at; For example, like good team manager; strong communication skills; good inter-personal skills, good project manager, Pro-active
Weaknesses could be something that you need improvement on; and what a person should avoid.
For example, doing too many things at same time; high on anger when things are not occurring the way you want those to occur; getting panicked, if something is going out of hands; unable to keep your composure etc.
Opportunities--What options are available in front of you to grasp
For example, to enhance your skills while you are working; cross train your resources; taking full advantage of the resources available to you; support from your family members, co-workers etc.
Threats--All the risks that you may or may not have foreseen and whether you are ready for them or not
For example, health problems, financial crisis, personal losses; increase in competition etc.
3. Then strategize on the most important O and T considering your S and W. Based on this develop a strategic action plan (start this year 2023 and cumulatively overtime you must achieve competitive advantage by 2028 – 5 years from now)
a. Provide at least 3-5 strategic action plans per year (SMARTER – specific,
measurable, attainable, realistic, ethical, relevant).
b. Present in bullet points with time frame included (2022, 2023, 2024, 2025, 2026
and 2027)
c. You may create a design/presentation in the output
Step by step
Solved in 2 steps
