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(TOWS) SWOT Analysis. List down all Strengths, Weaknesses, Opportunities and Threats of the business. Strengths and Weaknesses are all internal factors of the business. Opportunities and Threats are all external factors of the business. Full SWOT.
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(TOWS) SWOT Analysis • List down all Strengths, Weaknesses, Opportunities and Threats of the business. • Strengths and Weaknesses are all internal factors of the business. • Opportunities and Threats are all external factors of the business.
Full SWOT • After listing all the Strength, Weaknesses, Opportunities and Threats of the business, make the SWOT matrix. • SWOT matrix will give you the S-O, W-O, S-T and W-T strategy that the company may use to achieve the objective of the business.(Remember your objective).
Strength - Opportunities (S - O) - How can strength be used to maximize the opportunities? • Expand the area/sector/industry coverage • Intensify existing operations • Integrate background or forward • Acquire or take over Banco de Oro intensified their operations by creating more branches nationwide and by providing full banking services, BDO focuses in their strengths and use these strengths to maximize their opportunities. San Miguel Corporation expand their operations by acquiring and investing into different kinds of businesses like Banking, Power, Infrastructure. From being a brewery to becoming Philippines largest conglomerate.
Strengths - Threats (S - T) - How can strengths be used to minimize threats? • Linking or Networking • Subcontracting • Anchor projects Many companies today are outsourcing some of the functions of their business including PLDT and Meralco aside from outsourcing janitors and security guards they are also outsourcing line man that maintains electrical and cable wires on public poles.
Weakness - Opportunities (W - O) - How can weakness be overcome to maximize opportunities? • Consolidate • Diversify into other services or products • Promote contingency mechanism RAMCAR Corporation the company behind the manufacturing of car batteries under motolite brand has overcome company weakness and pursue opportunities by investing into other businesses like your all time favorite fried chicken “KFC” and aside from the local operation of KFC they also owned Mister Donut and Tokyo Tokyo which they bought from the Ramos family years ago.
Weakness - Threats (W - T) How can weaknesses be overcome to counteract threats? • Retrench • Merge • Withdraw/Close Recently, Ford Motors Manufacturing facility in Sta. Rosa Laguna was shut down their operation and was move to Thailand. This decision of Ford Motors was an example of W - T Strategy where the company decided to close/shutdown their operations because of the perceived threats of competition and government policies in the area.