Strategic Insights: Navigating Success with SWOT Analysis and the Johari Window
SWOT Analysis The success of any individual or company depends on how well they know themselves. One such powerful tool is SWOT analysis. SWOT stands for Strengths, Weaknesses, Opportunities, and threats. Through this, individuals or companies will come to know the things in themselves that, by working on them, will lead them towards their desired goals. At the same time, it will help them find new opportunities. Breaking Down the Elements: 1. Strengths: Strengths are the qualities inside you or your company that make you better than others. They might include a highly trained staff, a strong brand reputation, proprietary technology, efficient processes, or financial stability. 2. Weaknesses: These are the internal aspects that put you at a disadvantage. Consider areas where you lack resources, outdated technology, inadequate management practices, or a limited market presence. 3. Opportunities: These are external factors that you can use to your advantage. Like ne