SWOT analysis is one of the core tools I used to teach when I trained Business Analysts. It is a tool that is perfect for people who are Creating A New, Beautiful And Courageous Existence.
While being an easy form of analysis, covering teaching the basics of SWOT analysis AND applying it to Canbacing is too much for one blog.
Therefore, I’m going to give you some basic SWOT training in this blog. I will cover using SWOT analysis whilst Canbacing in a blog published on Wednesday 27th February. I will provide a link here when it is published.
Let’s face it, if you don’t understand what SWOT is, it’s not going to be much help to you.
SWOT analysis background
SWOT analysis was first introduced by Albert Humphrey in the 1960s. He was an American business and management consultant. While working for the Stanford Research Institute he developed the strategic planning method we now call SWOT Analysis. SWOT helps to evaluate the Strengths, Weaknesses, Opportunities and Threats related to a project or business venture.
It is very easy to learn yet punches far above its weight. In business an hour performing SWOT analysis can save thousands of pounds in the real sense of money saved or better invested. There are also the less obvious benefits associated with increased performance and risk reduction.
Now you know the basics let’s look at the four elements of SWOT in turn.
To make it easier for you to understand I’m going to give you an example of using SWOT to prepare for a job interview. Almost everyone will have experienced that situation at some stage in their life. If you can see how to use SWOT analysis in this way, it will be easier to you see how it can be used in other aspects of your life.
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In future ALL blogs will be published on www.canbacelife.com
Thank you for your patience as we migrate everything to the new website.
Be kind to yourself ….
In Canbace friendship
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