A SWOT analysis helps to identify and analyze the strengths and weaknesses of a target, such as a business unit, a proposition, or an idea. Another goal of the SWOT analysis is to identify and analyze opportunities and threats in the external environment that could impact the target. For each factor identified, the organization must then capitalize, invest, improve, or minimize.
This tool will help you:
- Document the results of your HR SWOT analysis.
- Assist in formulating, documenting, and communicating the goals resulting from the SWOT analysis.
- Provide a framework for organizing the resulting goals identified by the SWOT analysis.
Leverage this tool to guide your thinking and form a foundation for the strategic planning process.