This is by far the BEST video and discussion I have seen on SWOT analysis and how to implement the quadrants. OUTSTANDING work, Erica! Thank you very much.
00:12 SWOT analysis helps create a synthesized view of your organization's current state. 01:14 SWOT analysis involves assessing internal and external perspectives 01:59 Bring in data sources to enhance your SWOT analysis 02:50 External data sources are important for a SWOT analysis 03:47 Perform SWOT analysis by gathering current market information and understanding top competitors 04:34 Differentiate between Weaknesses and Opportunities to ensure accurate analysis 05:23 Renaming the quadrant to 'Areas of Improvement' 06:13 Performing a SWOT analysis helps identify strengths, weaknesses, opportunities, and threats.
As a student who is currently taking classes in business, this video was fantastic. Thanks for creating it, and delivering it in such a wonderful & engaging way. Really appreciate the clarity & ease of understanding of the information being delivered.
Well presented, thanks. Please let us know which video you had in mind in respect to 'putting the swot together' 5:40 and 'competetive advantage' 6:25.
I have been using your 1st video on this subject in my Principles of Management class over the past 5 years. Starting this year, I found this NEW UPDATED version...and I like it so much better !!! Good Job (as I would tell my students) !!!
Really well explained in quick way. Helped me add some perspective to the whole SWOT analysis. Would love to see a real example of a business before and after SWOT analysis. Like, what the initial SWOT was before, and then after conducting a consultation and coming up with the reputable research - what was found post SWOT analysis. We are doing a project in college on this for marketing + management class. Would be great to see a good example of this.
Thank you for the video. Just two points: the background music is not necessary, I found myself distracted by it. Also consider wearing a Mike to cut down on echo.
1- Strengths: They may include some of the following elements: - Availability of sufficient capital for investment. - Availability of sources of supply of raw materials and their accessibility in a timely manner. - Availability of the necessary experience for the project owner, which facilitates the process of management and follow-up work and amendment to the workers. - Understanding and awareness of the owner of the project management arts helps to manage the legitimate success and thus classified this point within the strengths. - The location of the project and the ease of transportation leading to the mechanism, which facilitates access to raw materials and supply of products. - Proper planning and organization and the ability to expand the future.
Thank you very much about this video. You did mention about the video how to process out action plan from the SWOT Analysis as well as identify company competitive advantages. I couldn't find it though. Could you show me the link?
i failed my exams and i'm gonna become a drug lord and kill all the idiots who made these useless analysis with their shit names. especially you boston something.
Question: At the 5:34 mark of the presentation you said ... "then you have ________, a statement that sounds like a weakness." Can you tell me what the missing word is here?
Great video. Thank you for taking the time to put something together that is so well summarized. One suggestion I have, you may want to invest in some better sound equipment. The video is just a little hard to hear at times.
Hello .. In the beginning i want say thank you and nice too meet you .. Me too .. Your opinion and my opinion are the same things to knew market needed is important instead but do you know maslow pyramid of theory these things famous is call hierarchy of needs is important too i think .. By the way thanks for your presentations ..
Okay I'm a bit confused. In another video on strategic planning you gave "4 Phases of Planning," 1. Assess (SWOT) , 2. Design. 3. Build, and 4. Manage. Now in this video, you said in the O quadrant, you are looking for competitive advantages, even though SWOT is supposed to be evaluating where you're at in your company. In this video it sounds forward thinking, and it skips right to #2 in the 4 phases of planning, in particular the "design" phase. In the SWOT wouldn't you be looking back on missed opportunities , or ops the company did take advantage of? I guess all I'm saying is that you seem to be incorporating the other planning phases into the assessment phase. So why are you looking at "future" opportunities in the SWOT? Thanks! I'm learning a lot from you.
Is this something that would benefit a small business? We will only have 1-8 employees at any time for the foreseeable future. The only issue I see is getting market data to help with the analysis.
I prefer the volume on previous versions. Regarding SWOT. The list you have at bottom is good. Perhaps, you could do a similar one on Porter's 5 Forces as it encompasses more. thanks for sharing.
Thanks for the great presentation. Yet, what are the differences between strategic analysis and SWOT analysis? As the majority of strategic plans involve separate country and global analysis in addition to SWOT analysis.
SWOT analysis is a subset of strategic planning. Strategic planning is an extremely broad term and consists of many tools like PESTLE, BCG matrix etc. It is for you to decide the tools that are the most useful to you, but some like SWOT are the basics that are applicable to all industries.
Great video, I think you should also make another one about how we can use SWOT Analysis on Business Ideas. Maybe it's a bit different, but I think SWOT can be used for that purposes too.
Awesome video, Erica. Great job! I'll memorize your perspective at 4:36 that "there are always more Ws (weaknesses) than there are Ts (threats)." My family's business shares the exact same weakness as WikiLeaks, a publication made up of almost impossible to source sources (secret informants).
There may always be more weaknesses than threats, however threats can more quickly and strongly derail a business than weaknesses. Unless a weakness is a huge weakness in a very core area of a business, I typically recommend business owners focus on leveraging their strengths vs. trying to fix or improve weaknesses. Do more of what you're good at and stop trying to fix something at which you are fundamentally not good.
Another great video..! Al topics are well explained, brief, to the point. Really spectacular source of information..! I use them quite frequently. (Area of improvement: the sound quality. Low volumen and high echo, make it difficult to understand. Your video produced 8 years ago about the same topic, has much better sound). Thanks a lot, Erica..!
you're good because you talk clearly, direct to the point, clarify things and above all passionate. Therefore you are not boring.
This is by far the BEST video and discussion I have seen on SWOT analysis and how to implement the quadrants. OUTSTANDING work, Erica! Thank you very much.
Thank you so very much!
00:12 SWOT analysis helps create a synthesized view of your organization's current state.
01:14 SWOT analysis involves assessing internal and external perspectives
01:59 Bring in data sources to enhance your SWOT analysis
02:50 External data sources are important for a SWOT analysis
03:47 Perform SWOT analysis by gathering current market information and understanding top competitors
04:34 Differentiate between Weaknesses and Opportunities to ensure accurate analysis
05:23 Renaming the quadrant to 'Areas of Improvement'
06:13 Performing a SWOT analysis helps identify strengths, weaknesses, opportunities, and threats.
As a student who is currently taking classes in business, this video was fantastic. Thanks for creating it, and delivering it in such a wonderful & engaging way. Really appreciate the clarity & ease of understanding of the information being delivered.
😘
One of the best SWOT presentation - clear and easy to understand.
Simple. To the point. Clear. Full of information. Greatest. Thank you Erica 💕
You are so welcome!
As a student, I thank you for this video's resource; direct-to-the-point helps a lot. Thank you
Well presented, thanks. Please let us know which video you had in mind in respect to 'putting the swot together' 5:40 and 'competetive advantage' 6:25.
Best SWOT Analysis intro. Thanks Erica.
ua-cam.com/video/k3LWaratVr4/v-deo.html
I have been using your 1st video on this subject in my Principles of Management class over the past 5 years. Starting this year, I found this NEW UPDATED version...and I like it so much better !!! Good Job (as I would tell my students) !!!
ua-cam.com/video/k3LWaratVr4/v-deo.html
Great video. I along with my teammates we dont really saw SWOT as how SWOT really is and ended up misunderstanding a lot. Thank you for this video
You are so welcome!
I've tried many times before to understand many other things in the SWOT, but you make it clear, thanks💛
ua-cam.com/video/k3LWaratVr4/v-deo.html
Best explanation I’ve seen, the presenter is an excellent speaker, refreshingly concise, and so knowledgeable. Thank you for posting!
Wow, thank you!
This is an extremely helpful video to add another layer of context on SWOT. Thank you!
Glad it was helpful!
Awesome video. taking a class in this. Enjoyed the video, Ericka.
You hit the nail on the head.....Thanks a lot for this vital analysis.
ua-cam.com/video/k3LWaratVr4/v-deo.html
In OSH implementation of SWOT
(ISO 45001)
Strenght and weakness are internal
Opportunities and Threats are external.
Really well explained in quick way. Helped me add some perspective to the whole SWOT analysis. Would love to see a real example of a business before and after SWOT analysis. Like, what the initial SWOT was before, and then after conducting a consultation and coming up with the reputable research - what was found post SWOT analysis. We are doing a project in college on this for marketing + management class. Would be great to see a good example of this.
Great suggestion! We love feedback just like this.
Very professional explanation. Very useful for me as a consultant and University professor. Regards from León Guanajuato México
Very clearly explained and helpful, many thanks.
Great video - short and to the point. Much appreciated.
Very well explained.We liked a lot. Do you have any more videos?
im getting a domanting vibe from her and I fw it. Thanks for the help as well great video
Thank you for the video. Just two points: the background music is not necessary, I found myself distracted by it. Also consider wearing a Mike to cut down on echo.
Haha do your own with no background music
@@ismailbabaaliyu5890tf is wrong with you
I actually liked the music. It is a bop lol
Great video,
I am performing my first SWOT Analysis and this video is very helpful. Thank you!
This is a perfect video for swot analysis ua-cam.com/video/T1pA2TFEIkU/v-deo.html
Love your vids! Thanks so very much. Struggling to find the others you have mentioned here
This was extremely helpful as I did seem to have items such as communication listed in Opportunities. Thanks much!
ua-cam.com/video/k3LWaratVr4/v-deo.html
1- Strengths: They may include some of the following elements: - Availability of sufficient capital for investment. - Availability of sources of supply of raw materials and their accessibility in a timely manner. - Availability of the necessary experience for the project owner, which facilitates the process of management and follow-up work and amendment to the workers. - Understanding and awareness of the owner of the project management arts helps to manage the legitimate success and thus classified this point within the strengths. - The location of the project and the ease of transportation leading to the mechanism, which facilitates access to raw materials and supply of products. - Proper planning and organization and the ability to expand the future.
ua-cam.com/video/k3LWaratVr4/v-deo.html
Perfect !!!
Thank you very much about this video. You did mention about the video how to process out action plan from the SWOT Analysis as well as identify company competitive advantages. I couldn't find it though. Could you show me the link?
I could not find it either.
Samples on certain issues should be state for better understanding but overall it really helps
Good teaching. pls where do u say u download the image u rectangle?
Where would one buy the report mentioned if we have a budget 4:10 Cause i need more data
i need to learn this for school so thanks for the video.
i failed my exams and i'm gonna become a drug lord and kill all the idiots who made these useless analysis with their shit names. especially you boston something.
Question: At the 5:34 mark of the presentation you said
... "then you have ________, a statement that sounds like a weakness." Can you tell me what the missing word is here?
I like you stating the purpose of swot analysis.
Thank you!
Should we do a SWOT analysis for separate departments and then compile the information? Is it ever important to keep that data separate?
Wow, she is better than most professors. Exactly, the output of the SWOT will never be used lol
Awesome presentation and delivery (rich and insightful info)
Really helpful thanks..also fits extremely well with the ISO 9001 concept of internal and external factors of an organization
so helpful, easy to understand and on point, thank you!
How can you apply the swot analysis as a tool in evaluating a business opportunity?
Like this. Helpful for setting up and backing up strategies. Thanks for the great video(s), Erica.
I enjoyed watching.
wow thank you very much for this wonderful information
Hi, you mention buying reports in the video, can you give source / link selling those reports please?
Great video. Thank you for taking the time to put something together that is so well summarized. One suggestion I have, you may want to invest in some better sound equipment. The video is just a little hard to hear at times.
I read the English subtitles ..excellent
@@malgray7396 That is under "Opportunities(Invest)" :)
I can hear pretty well no issues on this end
Thanks you've added much information and clarity on the subject
Hello .. In the beginning i want say thank you and nice too meet you .. Me too .. Your opinion and my opinion are the same things to knew market needed is important instead but do you know maslow pyramid of theory these things famous is call hierarchy of needs is important too i think .. By the way thanks for your presentations ..
1:00 'the right hand side'
ua-cam.com/video/k3LWaratVr4/v-deo.html
This is excellent.
Okay I'm a bit confused. In another video on strategic planning you gave "4 Phases of Planning," 1. Assess (SWOT) , 2. Design. 3. Build, and 4. Manage. Now in this video, you said in the O quadrant, you are looking for competitive advantages, even though SWOT is supposed to be evaluating where you're at in your company. In this video it sounds forward thinking, and it skips right to #2 in the 4 phases of planning, in particular the "design" phase. In the SWOT wouldn't you be looking back on missed opportunities , or ops the company did take advantage of? I guess all I'm saying is that you seem to be incorporating the other planning phases into the assessment phase. So why are you looking at "future" opportunities in the SWOT? Thanks! I'm learning a lot from you.
such an amazing content
Very professional explanation.
Thanks a lot
This was super helpful! Thank you!
Glad it was helpful!
im referencing this for a speculative business plan so some of it doesn't map on perfectly, but still helpful
Can someone explain if a SWOT-analysis is linked to the 4 P's? I guess when thinking about opportunities and threats the 4 P's can be relevent.....
Hey, thanks a lot. Great analysis and explanation of SWOT.
Glad you liked it!
Thank you for the information provided very helpful advice.
I should have seen that before, thanks alot.
Very professional explanation.
Thanks allot
This video was so great! So well explained and to the point! Thank yooou!
You might want to check this out ua-cam.com/video/T1pA2TFEIkU/v-deo.html
Is this something that would benefit a small business? We will only have 1-8 employees at any time for the foreseeable future. The only issue I see is getting market data to help with the analysis.
Plz keep up the good work.
Nice video 👍
Thanks ma,m
First time in Life got good informative lecture
Glad to hear that
I prefer the volume on previous versions. Regarding SWOT. The list you have at bottom is good. Perhaps, you could do a similar one on Porter's 5 Forces as it encompasses more. thanks for sharing.
Where are the (Porter Five Forces)?
Great presentation!
Great and professional video
Thank you for this great video♥️
Thank your for this great video!
Good video. Thank you
Thanks for the great presentation. Yet, what are the differences between strategic analysis and SWOT analysis? As the majority of strategic plans involve separate country and global analysis in addition to SWOT analysis.
SWOT analysis is a subset of strategic planning. Strategic planning is an extremely broad term and consists of many tools like PESTLE, BCG matrix etc.
It is for you to decide the tools that are the most useful to you, but some like SWOT are the basics that are applicable to all industries.
Very informative video 👍
Glad you think so!
Which video turns the swot into a process?
Hi Tony, check out the next video on How to Use Your SWOT ua-cam.com/video/F61jgtEZLsA/v-deo.html
Great video! Thanks for sharing. This was very helpful
This help me on my assignment, on how to use swot
So happy it was helpful.
Can I perform SWOT analysis on myself ??
Wonderfull presentation
It really makes it easy to understand and implement
ua-cam.com/video/k3LWaratVr4/v-deo.html
ua-cam.com/video/k3LWaratVr4/v-deo.html
Would you please explain what is the need assessment in SWOT analysis?
ua-cam.com/video/k3LWaratVr4/v-deo.html
What is KPI?
great explanation, great video
I can't find any info on your channel about identifying competitive advantages?
Thank you Erica.
Learned a lot thank you.
Great video, I think you should also make another one about how we can use SWOT Analysis on Business Ideas. Maybe it's a bit different, but I think SWOT can be used for that purposes too.
ua-cam.com/video/k3LWaratVr4/v-deo.html
I found this helpful, thanks!
ua-cam.com/video/k3LWaratVr4/v-deo.html
Awesome video, Erica. Great job! I'll memorize your perspective at 4:36 that "there are always more Ws (weaknesses) than there are Ts (threats)." My family's business shares the exact same weakness as WikiLeaks, a publication made up of almost impossible to source sources (secret informants).
There may always be more weaknesses than threats, however threats can more quickly and strongly derail a business than weaknesses. Unless a weakness is a huge weakness in a very core area of a business, I typically recommend business owners focus on leveraging their strengths vs. trying to fix or improve weaknesses. Do more of what you're good at and stop trying to fix something at which you are fundamentally not good.
I loved your way of explaining :))
ua-cam.com/video/k3LWaratVr4/v-deo.html
This is very helpful
That's awesome.
which statistical tool has to be applied for analysing data
It depends on the industry and business you are in.
Great presentation
Thank you!
Another great video..! Al topics are well explained, brief, to the point. Really spectacular source of information..! I use them quite frequently. (Area of improvement: the sound quality. Low volumen and high echo, make it difficult to understand. Your video produced 8 years ago about the same topic, has much better sound). Thanks a lot, Erica..!
great content
thanks for informatic video
Great video
great video!
Excellent!
Did a "Let Blaine Die" SWOT analysis, very hectic.
Sounds interesting.
Very well and clearly explained, thank you.
We're glad you found value from our video!
Profundidad del análisis SWOT: min 1:37
Very Useful