Swot & Pest Analysis

  • July 2020
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SWOT & PEST Analysis Prepared by K. Sasikumar

SWOT Analysis

WEAKNESSES

TO MAKE USE OF

TO MINIMIZE

EXTERNAL EXTERNAL ENVIRONMENT ENVIRONMENT

POSITIVE FACTOR

CONTROLABLE

STRENGTH

NEGATIVE FACTOR

TO DEVELOP

TO OVERCOME

OPPORTUNITY PreparedFUTURE by: K.Sasikumar

THREAT

UN CONTROLABLE

INTERNAL ENVIRONMENT

PRESENT

2

Used on a Business Idea SWOT Analysis I. II. III. IV. V. VI.

Product (what are we producing?) Process (how are we producing it?) Customer (to whom are we selling it?) Distribution (how does it reach them?) Finance (what are the prices, costs &investments?) Administration (and how do we manage all this?)

Prepared by: K.Sasikumar

3

Strengths • • • • • • • •

Competitive advantages? Resources, Assets, People? Experience, knowledge, data? Financial reserves? Marketing - reach, distribution, awareness? Innovative aspects? Location and geographical? Price, value, quality? Prepared by: K.Sasikumar

4

Weaknesses • • • • • •

Lack of competitive strength? Financials? Timescales, deadlines and pressures? Continuity, supply chain healthiness? Reliability of data, plan predictability? Morale, commitment, leadership?

• Processes and systems, etc? Prepared by: K.Sasikumar

5

Opportunities • • • • • • • • •

Market developments? Competitors' weakness? Technology development and innovation? New markets, vertical, horizontal? Niche target markets? New Unit Selling Prices? Business and product development? Volumes, production? by: K.Sasikumar Seasonal, weather,Prepared fashion influences?

6

Threats • • • • • • • • •

Political effects? Environmental effects? Market demand? New technologies, services, ideas? Sustaining internal capabilities? Obstacles faced? Loss of key staff? Economy - home, abroad? Prepared by: K.Sasikumar Seasonality, weather effects?

7

I. II. III. IV. V. VI.

Used on a Business Idea PEST Analysis

a company looking at its market a product looking at its market a brand in relation to its market a local business unit a new market or launching a new product an investment opportunity

Prepared by: K.Sasikumar

8

Political • • • • •

Ecological/environmental issues Current legislation home market Future legislation Government policies , term and change Trading policies

• Funding, grants and initiatives

Prepared by: K.Sasikumar

9

Economical • • • • • •

Home economy situation Home economy trends Taxation specific to product/services Seasonality/weather issues Market and trade cycles Specific industry factors

• Market routes and distribution trends Prepared by: K.Sasikumar

10

Social • • • • • • • • •

Lifestyle trends Consumer attitudes and opinions Media views Brand, company, technology image Consumer buying patterns Fashion and role models Major events and influences Buying access and trends Prepared by: K.Sasikumar Ethnic/religious factors

11

Technological • • • • • • • • •

Competing technology development Research funding Associated/ dependent technologies Replacement technology/solutions Maturity of technology Manufacturing maturity and capacity Information and communications Consumer buying mechanisms/ technology Technology access, licensing, patents Prepared by: K.Sasikumar

12

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