SWOT stands for Strengths, Weaknesses, Opportunities and Threats. A SWOT analysis can be carried out for a specific project, organisation or even a whole sector.
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Analysis
What is this for?
A SWOT is the fastest way to get a group to say out loud what it already half knows. Strengths and weaknesses are about you and are inside your control. Opportunities and threats are about the world around you and are not.
It earns its place when a team is about to commit to something and the reasons for and against are still scattered across different people. Putting all four quadrants on one page forces the comparison that a discussion keeps avoiding, which is whether the opportunity is worth the weakness it exposes.
Step-by-step guide.
Fill weaknesses first. Groups warm up on strengths and then run out of candour by the time they reach the awkward quadrant, so start where the honesty is hardest and the rest gets easier.
Work alone for five minutes before sharing, so the loudest voice does not set the list. Then cluster, and cross out anything that could be written about any organisation in your sector. What is left is the useful part. Finish by pairing quadrants: which strength answers which threat, and which weakness blocks which opportunity. The pairs are where the decisions are.
Where it goes wrong.
The common failure is a page of statements that no reasonable person would dispute. "Experienced team" is in the strengths column of almost every SWOT ever drawn, which means it settles nothing and costs an afternoon.
The second failure is treating the four boxes as an inventory rather than a decision. A SWOT that ends when the boxes are full has skipped the part that mattered. The third is filing it. Threats move, and a SWOT from eighteen months ago is a record of what a previous team was worried about, not a description of where you are now.
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