SWOT Analysis

a strategic planning technique analyzing strengths, weaknesses, opportunities, and threats faced by an organization or project

SWOT Analysis is a tool to find out the Strengths, Weaknesses, Opportunities, and Threats that are to be expected in a project or in a business venture or in something similar. It means that the marketing environment (internal and external to the organization or individual) is looked at. It is one of the best tools to conduct the internal and external analysis for any company. The technique was developed by Albert Humphrey, who led a research project at Stanford University in the 1960s and 1970s using data from the Fortune 500 companies.

Performing the SWOT AnalysisEdit

SWOT analysis is part of the Harvard Policy Model, which has been developed as part of the business policy courses taught at the Harvard Business School since the 1920s.

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