SWOT analysis is a process which identify
S- Strength,
W- Weakness,
O- opportunity and
T- Threats of an organization.
It can be used to analyze what are the strengths, weakness and what opportunities, threats are in a process, product, machine, industry.
Format of SWOT Analysis :
Benefits :
S- Strength,
W- Weakness,
O- opportunity and
T- Threats of an organization.
It can be used to analyze what are the strengths, weakness and what opportunities, threats are in a process, product, machine, industry.
Format of SWOT Analysis :
Benefits :
- Very useful tool for preparing strategy for a business.
- It can be applied in marketing, sales, production.
- Can bring all possible roots on surface for an organization.
- Can know what are the steps needed, where to concentrate.
- Can take action to prevent potential harmful factors proactively.
5'S., Bench-marking., Calibration, CAPA., Fishbone Diagram, FMEA., Good Habits for Successful Engineers, Kaizen., Kanban., LEAN., MSA, OEE,
Priority Matrix, Quality Improvement , Quality Problem , Reproducibility, Root Cause Analysis., Scatter Plot., Seven QC Tools., Statistical Quality Control, SWOT Analysis, The key to success