Template: S.W.O.T. Use this template to map out your internal strengths and weaknesses and your external opportunities and threats. INTERNAL Strengths What are we good at? How are we well positioned? Consider factors such as human resources, facilities and equipment, location, reputation, financial position etc. Weaknesses Where could we improve? What holds us back from success? Consider the same factors as was the case for your strengths. e.g. Healthy bank balance e.g. High staff attrition rate e.g. Strong reputation in community e.g. outdated information technology EXTERNAL Opportunities What trends or changes can we take advantage of? Consider government policy, social trends, new technology, potential partnerships, new markets etc. Threats What external factors might interfere with our business objectives? Consider factors such as competition and changes to government policy and funding criteria. e.g. New funding for infrastructure e.g. New regulatory burden e.g. Local marketing firm doing pro bono e.g. Drop in operational funding Example: S.W.O.T. (Goulburn Murray Landcare Network) INTERNAL Strengths: What are we good at? How are we well positioned? Consider factors such as human resources, facilities and equipment, location, reputation, financial position etc. Technical competence of its members Dedicated staff Common desire to improve practices Financial resources A good network of contacts Ability to respond to the needs of the market Business located within the target market Ability to lend out equipment to groups and landholders when required Weaknesses: Where could we improve? What holds us back from success? Consider the same factors as was the case for your strengths. Size of premises No plan for management succession Inefficient equipment Lack of research and development facilities Limited security with which to raise finance for development EXTERNAL Opportunities What trends or changes can we take advantage of? Consider government policy, social trends, new technology, potential partnerships, new markets etc. Growing market Constant need for practice improvement Expansion of the business into other areas Availability of staff Threats What external factors might interfere with our business objectives? Consider factors such as competition and changes to government policy and funding criteria. Poor reputation of the industry regarding quality and reliability and economic downturn Existing, and future competitors within the industry Increasing cost of materials, equipment and sub-contractors Difficulties of getting good staff and reliable sub-contractors Change to government strategies and direction Geographically diverse market