SWOT Analysis

The Chartered Management Institute (CMI) describes a SWOT analysis as:

… a tool for analysing the market position of an organisation. It was developed in the 1960s as a result of research carried out at Stanford Research Institute into the failure of corporate planning methods.

(CMI, 2017)

Strengths and weaknesses – examine the company’s position and capabilities, or that of its product, vis-à-vis customers, competitor activity, environmental trends and company resources. The second half of the SWOT takes this review further to examine the opportunities and threats identified, and to make recommendations that feed into the organisation’s strategy.

(Dibb et al., 2019)

Your task

According to Dibb et al.:

The SWOT analysis is little more than a set of checklists, but it is a popular tool for analysing the capabilities of an organization in terms of strengths and weaknesses, and for linking identified opportunities and threats to these capabilities.

(Dibb et al., 2019, p. 67)

What weaknesses do you see the SWOT analysis as having?

References

_{Chartered Management Institute. (2017). Models – SWOT analysis organisational. Web link
Please note that you will need to be registered with the CMI to access this resource}

_{Dibb, S., Simkin, L., Pride, W. M., & Ferrell, O. C. (2019). Marketing concepts & strategies (8th ed.). Cengage Learning.}