Budget Committee
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SWOT Analysis
The Planning Commitee asked us to do a SWOT analysis of the issues that we cover.
SWOT = Strengths, Weaknesses, Opportunities, Threats
This is how they describe the 4 boxes:
Strengths: What do we do well? What unique resources can we draw on? What do others see as our strengths? |
Weaknesses: What could we improve? Where do we have fewer resources than others? What are others likely to see as weaknesses? |
Opportunities: What good opportunities are open to us? What trends could we take advantage of? Looking at our strengths, how can you turn these into opportunities? |
Threats: What trends could harm us? What is your “competition” doing? Looking at our weaknesses, what threats do these expose us to? |
Think of it as a matrix of GOOD/BAD, INTERNAL/EXTERNAL
|
GOOD |
BAD |
INTERNAL |
xxx |
xxx |
EXTERNAL |
xxx |
xxx |
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Strengths
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Weaknesses:
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Opportunities:
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Threats:
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