The SWOT Analysis Activity(1)
SWOT Analysis Activity
Consider one of the following when completing your own SWOT analysis:
· The organization or workgroup/team in which you currently work
· A previous organization or workgroup/team where you worked in the past
· An organization or workgroup/team where a friend or family member who is able and willing to work with you to complete the SWOT analysis
With one of the above in mind complete an individual SWOT analysis based on your experience or that of a family member/friend.
To do so, follow the steps below:
1. Use the matrix on the next page to compile strengths, weaknesses, opportunities, and threats.
2. Rank the strengths, weaknesses, opportunities, and threats that you identified in the matrix in a separate list.
3. Develop a training goal based on highest ranked (most important) need identified in each of the four areas.
Use the worksheet below.
STEP 1A: Organization/Group/Team (provide a brief description below):
STEP 1B: Complete the matrix below.
|
|
Strengths |
Weaknesses |
|
Internal
|
· good customer service · strong team capability · creative solutions · quality products · reliable team · up-to-date technology |
· prices · disorganized · not disciplined when working alone · location |
|
|
Opportunities |
Threats |
|
External
|
· new merchandise development · wide-range of customers · additional income streams · new designer opportunity |
· new competitors · current competitors · lack of style · competitor prices drop · seasonally · economy · key staff/management leaving |
STEP 2: Rank Order
(list in order starting with the most important/critical on top for each area)
Strengths
great customer service
reliable team
strong team capability
creative solutions
quality products
up-to-date technology
Weaknesses
disorganized
not disciplined when working alone
prices
location
Opportunities
new merchandise development
wide-range of customers
additional income streams
new designer opportunity
Threats
key staff/management leaving
current competitors
new competitors
competitor prices drop
seasonally
economy
lack of current style
STEP 3: Identify Training Goal
Strength
Greatest strength identified: great customer service
Affiliated training goal: to ensure customers have what they need, enjoy the store and leave happy with new clothes.
Weakness
Greatest weakness identified: disorganized
Affiliated training goal: to overcome clutter issues, become more creative and have specific places for everything in the store that all staff must follow, make sure staff in informed on where everything should be at all times.
Opportunity
Greatest opportunity identified: new merchandise opportunity
Affiliated training goal: to have staff use their everyday, personal lives to create demand fashion and use the various up-to-date technology to find new designers and inspirations.
Threat
Greatest threat identified: key staff/management leaving
Affiliated training goal: make more opportunity for those who work hard and who's hard work shows so they do not want to leave.