SWOT Chart for Android

11 things about SWOT Chart

1. There are four text boxes named Strength,Weaknesses,Opportunities & Threats.Hit each text box and enter details.Hit New Swot Chart text box(top),give a name to the Swot Chart and hit menu >save.HitNew Swot Chart text box(top) drop down button and select a saved Swot Chart to view and edit the details.Hit menu > New Swot Chart to prepare a new Swot Chart.Hit menu > Summary to view the summary of active Swot Chart.

2. Users of SWOT analysis need to ask and answer questions that generate meaningful information for each category (strengths, opportunities, weaknesses, and threats) in order to maximize the benefits of this evaluation and find their competitive advantage.

3. SWOT analysis (alternately SLOT analysis) is a strategic planning method used to evaluate the Strengths, Weaknesses/Limitations, Opportunities, and Threats involved in a project or in a business venture.

4. Setting the objective should be done after the SWOT analysis has been performed.

5. SWOT analysis may be used in any decision-making situation when a desired end-state (objective) has been defined.

6. SWOT analysis may also be used in pre-crisis planning and preventive crisis management.

7. The usefulness of SWOT analysis is not limited to profit-seeking organizations.

8. SWOT analysis may also be used in creating a recommendation during a viability study/survey.

9. Converting is to apply conversion strategies to convert weaknesses or threats into strengths or opportunities.

10. Identification of SWOTs is essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOTs.

11. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective.