SWOT analysis worksheet

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30 October 2018 | 1 min read

Strengths, weaknesses, opportunities and threats – these four pillars make up our SWOT Analysis and will help you approach and overcome different business challenges as they arise.

It’s a ‘living’ tool that can be adjusted as business needs and external influences change. Once you understand the issues at hand, you can better prepare yourself – and your staff – for the next steps.

  • Clarify the issue: Keep things simple. Start with a single-sentence explanation of any issues or challenges in the workplace.
  • SWOT it: Dive deep into the issues with a thorough analysis of all four SWOT pillars, returning to each of them throughout the process to revise any major points.
  • Formulate a plan: Devise a plan for the next steps and arm your troops with assigned tasks.
  • Review regularly: Keep the system alive by constantly reviewing the SWOT analysis and updating points as more information comes to light.

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The information in this post is provided for general information only and does not take into account your personal situation. Nothing contained in this post constitutes advice or an endorsement or recommendation of any kind by Prospa. Any links to third party websites are strictly for informational purposes only. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from financial, legal and taxation advisors. Although every effort has been made to verify the accuracy of the information as at the date of publication, Prospa, its officers, employees and agents disclaim all liability (except for any liability which by law cannot be excluded), for any error, inaccuracy, or omission from the information for any reason, including due to the passage of time, or any loss or damage suffered by any person directly or indirectly through relying on this information.

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