SWOT Analysis is a framework used extensively for an assessment of the internal as well as external business environment as part of the strategic or corporate planning process at organizations across the globe. The framework generates a snapshot of the firm’s strengths & weaknesses as part of internal environment assessment and opportunities & threats as part of the external environment assessment that aids strategic decision making.
This comparative SWOT analysis will be useful for
- Strategic Planning & Decision-Making Process at all levels
- Comparative assessment of strategic orientation
- Assessment & evaluation of responsiveness to the external environment
- Identification of business opportunities which could be capitalized upon.
- Identification of potential threats in the business environment
- Identifying areas for strategic changes & improvements