-

SWOT ANALYSIS(PART 1)

Strength

A ‘strength’ is something that has a positive implication. It adds value, or offers your organization a competitive advantage. Strengths include tangible assets such as available capital, equipment, credit, established and loyal customers, existing channels of distribution, copyrighted materials, patents, information and processing systems, and other valuable resources.
Defining strengths as part of a SWOT analysis
You may want to look at and evaluate your strengths by function, for example marketing, finance, production, and support. Looking at things in this way can make it easier to identify the positive attributes within each function.
Certain teams may have specialist or unique knowledge, education, credentials, contacts, reputations, or backgrounds that provide a competitive advantage or add value to your product or service.
The sort of questions you can ask to ascertain your strengths are:
  • What do we do well?
  • • What qualities or aspects persuaded our customers to choose our product or service?
  • • What resources do we have at our disposal?
  • • What do others see as our strengths?
  • • What areas are we seen as being expert in?
  • • What advantages do we have over our competition?
  • However you judge the responses to these questions it must be from the perspective of your operating environment and not from an internal aspect. For example, if ‘guaranteed next day delivery’ is the norm within your industry then this cannot really be considered a strength because your customers would expect it. On the other hand, if ‘guaranteed next day delivery’ is not normal in your industry then it could legitimately be classified as a strength.

Comments

Post a Comment

Popular posts from this blog

ANEMIA

-
Image
Understand the loss of blood cells Anemia happens when the number of healthy red blood cells in your body is too low. Red blood cells carry oxygen to all of the body’s tissues, so a low red blood cell count indicates that the amount of oxygen in your blood is lower than it should be. Many of the symptoms of anemia are caused by decreased oxygen delivery to the body’s vital tissues and organs. Certain forms of anemia are hereditary and infants may be affected from the time of birth. Women in the childbearing years are particularly susceptible to iron-deficiency anemia because of the blood loss from menstruation and the increased blood supply demands during pregnancy. Older adults also may have a greater risk of developing anemia because of poor diet and other medical conditions. Causes There are more than 400 types of anemia, which are divided into three groups: Anemia caused by blood loss Anemia caused by decreased or faulty red blood cell production Anemia c...
Read more

Onychorrhexis (brittle nails)

-
Image
If you’ve ever had weak or peeling nails, chances are you’re dealing with brittle nails too. This makes the growing out process incredibly slow, not to mention puts a major damper on a fresh-looking manicure. In my own frustration, I decided to do a little research on what my nails are trying to tell me and how to nip the problem in the bud for good. If this sounds like something you’re dealing with too, keep reading. I found three problem areas and their corresponding solutions. Here’s what I learned about brittle nails… Everyone strives to have beautiful nails, but brittle nails can spoil the beauty. Weak and brittle nails that can easily become cracked or chipped are a common problem affecting both men and women. There are three main factors that cause brittle nails – aging, long-term use of nail polish and frequent exposure to water. Brittle nails can also be associated with some diseases, such as hyperthyroidism, hypothyroidism, lung conditions, psoriasis, lichen planu...
Read more

REFLEXOLOGY FOR INFANTS PAIN

-
Image
If you’ve never heard of reflexology, it’s pretty beneficial to get into it. Especially if you are a new parent! Reflexology is based on the principle that reflex points found on the feet and hands correspond to specific organs, muscles, bones and body systems. babies are pretty responsive to reflexology. In fact, those mothers who rub their baby’s feet when they are cranky, crying or uncomfy actually are able to calm them down for the most part. In fact, reflexology is able to help soothe a baby who is experiencing a tummy ache, headache, sinus discomfort, etc. You really just have to understand the different points on a baby’s foot that affects each of these pains. Once you figure those out, you are fully capable of calming down your child who is feeling uncomfortable or even in pain! So check out these stress points on your baby’s foot that can soothe them and ease their pain. Sinus pain isn’t comfortable for anyone. So imagine how a little baby feels when they h...
Read more