Who want to buy this car ? Who want to buy this car ? Who want to buy this car ? History of SWOT Analysis Originated by Albert S Humphrey in the 1960s, who was an American business and management consultant . SWOT was practiced in the 1960s and 1970s using data from Fortune 500 companies and it was going to be very popular . Scope of SWOT Analysis – Build your Strategy Where it can be used: •Internal analysis- Identify barriers that will limit goals/objectives •Environmental analysis- Decide on direction that will be most effective •Competitive analysis- Competitive Advantage •Revise plans - Explore new solutions to problems •New business/Action- Planning project or in a business venture Pls note: A SWOT analysis can be carried out for a product, place, industry or person. SWOT Analysis – Factors need to be considered 1. Fix the angle: 2. Zoom on Target: •Zoom In •Zoom Out SWOT Analysis – Factors need to be considered Product People 5P: Production/ Process Price Position/Place/Environment SWOT Analysis – industrial opportunities in Bangladesh Strength Weakness Low labor cost Low labor Low laborcost cost Low labor cost Low labor cost Available Low Energy labor cost source Low labor cost Low labor cost Low labor Low laborcost cost High Consumer demand Opportunities Increases local and foreign investment Reduce manufacturing cost Increase of profitability Threats SWOT Analysis – industrialopportunities opportunities ininBangladesh SWOT Analysis – industrial Bangladesh Strength Weakness Low labor cost Low labor Low laborcost cost Low labor cost Low labor cost Available Low Energy labor cost source Low labor cost Low labor cost Low labor Low laborcost cost High Consumer demand Opportunities Increases local and foreign investment Reduce manufacturing cost Increase of profitability Threats SWOT Analysis – industrialopportunities opportunities ininBangladesh SWOT Analysis – industrial Bangladesh Strength Weakness Low Bureaucratic Complexity Lowlabor laborcost cost Low labor cost Low labor cost Insecure Environment Low labor cost Low labor cost Low labor cost Low labor cost Low labor Transportation cost Delay Opportunities Threats Delay of Project & Shifting Loose of interest and shut down Increase of Cost SWOT Analysis – industrial opportunities in Bangladesh Common Mistakes •Confusion between Strength and Opportunities •Confusion between Weakness and Threat •Too much information/ Absent of key words/ Improper focus