SWOT analysis is widely used to describe a business tool
that is effective in identifying your Strengths and Weaknesses, and for
examining the Opportunities and Threats you face.
Completing a SWOT analysis will help you to determine the strategic fit between an organization's internal, distinctive capabilities and external possibilities and to prioritize actions.
Edraw Max is a quick and easy SWOT analysis tool with free pre-drawn templates and more than 5000 vector symbols, so drawing couldn't be easier!
SWOT analysis is a very simple process that can offer powerful insights into the potential and critical issues affecting a venture.
Most managers and workers have expertise in areas that are not known by other members of the group. Organizing the expertise in a SWOT analysis helps in making informed decisions and provides better results. SWOT analysis is so clear that all people involved with the operation become more aware of the performance and goals of the operation. It also allows you to immediately see where you can take action to improve your weak areas, capitalize on your strengths and opportunities, and defend against threats.