SWOT Analysis is a powerful tool used by businesses and it is one of the common topics being discussed in Management subjects. What do you mean by the word SWOT?
It is actually an acronym that stands for Strength, Weakness, Opportunities and Threats. This is an assessment tool that we can use personally for us to know ourselves well. It is a great way for us to know our Assets, Liabilities, Income and our Danger Zone.
What are your Assets or our Strengths?We all have assets in life:it can be personal assets or assets we used given to us freely by someone or assets we have acquired by incurring debts. As a person, we all have assets in life. It depends on how we used and enhanced our Assets. Use them well for greater glory, not just selfishly.
What are your Weaknesses in Life?Yes we do have our limitations. We cannot do everything. We got tired sometimes and think negatively. Weaknesses that pull us down so we must do something for these to become our Strengths. If we know how to develop those weaknesses in life, it will help us and will become our strength.
Opportunities in life are present daily. It is for us to grab it or just let others use it. I believe not all opportunities are for us but we must not waste it. How about Threats?It can be a financial crisis, health issues, relationship problem or emotional and mental breakdown. Focus and avoid these things for us not to get trap and stumble.
Swot is an effective tool for self development. Use this for our betterment. Hope this will help.
This was my favorite topic in my subject Organizatiin and Management hehe. it help us a lot to identify the things like strength and opportunity even if we are still young hehe. I'm in grade 11 that time hehe.