Create an online SWOT Analysis
- Think about something important to you such as an upcoming decision, a new project that is launching, a situation where you want a successful outcome. Let’s set an objective for this upcoming decision, for example, we want to become the leader in our industry within the next 3 years. Now, invite your peers to help you brainstorm.Strengths
Strengths are based on internal factors and viewed as helpful to your organization. What internal processes, resources, products do you have that you would define as your strengths that will allow you to lead your industry? SWOT Template >>Weaknesses
What are your Weaknesses? What internal factors are holding you back from leading your industry. Keep it simple, list out the top weakness that you currently have that would need to be overcome in order to become the leader.Opportunities
Opportunities are based on external factors and viewed as helpful to your organization. How is the world around you changing? What new technological, social, political, economic changes can you take advantage of as an Opportunity to advance your business and achieve your objective of leading your industry?Threats
Threats are based on external factors and viewed as harmful to your organization. How are external factors, such as, technological, social, political, economic changes posing a Threat to your objective. Think through everything outside your company that could threaten your ability to lead the industry.
Next, Invite your peers to help you brainstorm.
That's it. This is your completed SWOT Analysis example
. It helped you quickly and easily take a bold objective, like “lead the industry in 3 years” and figure out what you need to do to achieve it.
Bonus step: Convert your SWOT Analysis into a strategic action plan. Based on our objective what are the 3-5 most important things you must do in the next 90 days to act on our SWOT Analysis. You can also create an online V2MOM Analysis
, created by the CEO of Salesforce.com to help structure a more thoughtful look at your vision, values, methods (goals), obstacles, and measures. Here is a list below of example SWOT objectives you can leverage for your own SWOT Analysis: