SWOT analysis
About this template
Components of SWOT Analysis:
- **Strengths (S):** Internal positive attributes or resources that give an advantage over others.
- **Weaknesses (W):** Internal negative factors that put the entity at a disadvantage.
- **Opportunities (O):** External factors that could be exploited to its advantage.
- **Threats (T):** External elements in the environment that could cause trouble or challenges.
By identifying these four aspects, organizations can:
- Leverage their strengths
- Improve upon their weaknesses
- Capitalize on opportunities
- Mitigate potential threats
A SWOT analysis helps in making informed decisions, developing effective strategies, and gaining a competitive edge in the market.
