A SWOT analysis is a tool that business leaders use to identify strengths, weaknesses, opportunities and threats. Helpful in goal setting and strategic planning, a SWOT analysis can help assess the ...
SWOT and Michael Porter's Five Forces analysis model are both useful tools in strategic planning. While they both help in assessing your company's strengths and weaknesses relative to industry ...
In the context of our increasingly disrupted, globalizing, and multicultural world, leaders greatly appreciate the security and comfort of clear-cut strategic plans for the future. After all, ...
Identify your company's competitive advantage and learn strategies to make it sustainable for long-term success.
My partner at the time and I took a management-analysis test to see if we were compatible. Using a Google doc, we wrote down our strengths, weaknesses, opportunities, and threats. Eight years later, I ...
The start of a new year is filled with new beginnings and resolutions—and many good intentions to do things better. Before getting too far into what aspects of yourself and your career you would ...
1. Too much navel-gazing. The first trap of SWOT is that it focuses all the attention on yourself from the get-go. Assessing your own strengths and weaknesses can easily degenerate into a laundry list ...
I advised one of my clients to walk away from $75 million in revenue. Yes, that’s bold, but this particular client has a large amount of business at very low margins, less than $500,000 of net income ...