SWOT ANALYSIS,SWOT Analysis
Data initiation and planning are essential components and a critical aspect of project management. This week, you will assess the PICO statement of your proposed project using a SWOT analysis. The SWOT analysis will be included in your final ADDIE paper. Next, you will explore the importance of stakeholders in your project planning.
- Outline a SWOT analysis of your proposed project using the and post.
- Discuss the advantages and disadvantages of your SWOT analysis in project planning and initiation. GÃ¼rel, E., & Tat, M. (2017) outline advantages and disadvantages of a SWOT analysis.
- Discuss the importance of stakeholders in project initiation and planning. Garcia-DÃa (2019) outlines the importance of stakeholders in Chapter 4.
Strengths – internal factors that leverage organizational performance
Weaknesses – internal factors that will affect the health care organization (cost, quality, etc.)
Opportunities – external factors that improve initiatives for the organization
Threats – external factors that could negatively affect organizational performance
The SWOT analysis should match the organization’s resources and capabilities to the competitive environment in which it operates. The analysis should help guide the organization’s formulation and selection of strategy. The SWOT analysis framework is often represented in a 2 x 2 matrix. (See template below.)
Using the health care companies selected in Week 1, create a slide presentation with no more than 12 slides (with bullets) and note pages that include the following (Note: Use the bullets below to help you structure your presentation):
The first slides should introduce your companies and why you chose them.
Include your completed SWOT diagrams (one for each company).
Include a comparison of each company’s SWOT.
Identify a minimum of three factors that affect each firm’s environment. You must include the internal and external environments (e.g., resources, market, competitors, geographical, global) in each factor. Rate the top two concerns, based on your professional experience.
Assess and provide recommendations that will:
1. enhance the strengths,
2. minimize the weaknesses,
3. maximize the opportunities, and
4. overcome the threats.
What is a SWOT analysis? The SWOT is an organizational performance tool used to conduct a
situation analysis. The acronym SWOT stands for the following factors:
Strengths and weaknesses are internal to the company and
can be directly managed by it, while opportunities and threats are external (meaning the
company can only anticipate and react to them).
HSA525 – Assignment 1: SWOT Analysis
Assume you are meeting with your internal or external stakeholders. Create a Stakeholders Recommendation in which you:
Summarize your SWOT analysis to the stakeholder selected.
Provide short-term recommendations.
Include two or more references to support your rationale.