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SWOT business analysis technique

SWOT analysis is crucial for strategic planning in business analysis. Learn how it can be applied in various scenarios by reading on.
The SWOT business analysis technique

Introduction

Business analysis technique | SWOT

SWOT analysis

SWOT analysis is just one of many different business analysis techniques that you can learn on a BCS Business Analysis courses. In particular, SWOT analysis is taught on a BCS Business Analysis Foundation certificate course which forms part of our BCS International Diploma in Business Analysis course package.

SWOT stands for:

  • Strengths;
  • Weaknesses;
  • Opportunities;
  • Threats.

SWOT analysis is a technique used by business analysts to analyse:

  • External factors affecting an organisation (opportunities and threats);
  • Internal factors (strengths and weaknesses) that can help an organisation address the external factors.

This is a good example of how many of these common business analysis techniques can be used together. For example, doing a MOST analysis can help you identify strengths and weaknesses. Also, a PESTLE analysis can help you identify opportunities and threats.

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Business analysis technique | SWOT

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