Monday, October 27, 2008

Personal SWOT




Right now I am studying SWOT Analysis as it has to do with a business organization. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. As I was finishing my paper I realized that we should all take a moment, every once in a while, and inventory our own SWOT in our own personal and professional lives.

What are my strengths?
· Strong Work Ethic
· Driven
· Always on time
· Loyal friend
· Loving Mother
· Not afraid of anything
· Love to take risks
· Tons of energy
· Always up for a challenge
· Love working with new and interesting people

What are my Weaknesses?
· Zero patience
· Talk too much
· Want to do too much at once
· Horrible writing skills
· Spend money frivolously
· Procrastinate with my school work

Opportunities
· I can always find a better way to do things
· I can start a new business
· I can start a new organization
· I can find new ways to improve my weaknesses
· I can find a new adventure
· I can empower others to do better
· I can learn to prioritize better

Threats
· I will get myself into debt
· I will lose focus on the task at hand because I will be working on too many things at once
· I will bore and lose interest
· I will trust too much

It is funny because when you sit down and take SWOT inventory of yourself like this, it makes you appreciate the good things about yourself that you can bank on. It also lists the things that you need to really look at improving on.
If you are interested in creating a SWOT analysis of your business I highly recommend the following:
http://www.markintell.com/swot-analysis-tools-templates/

http://www.marketware.biz/swot_analysis_chart.htm

http://www.rapidbi.com/created/SWOTanalysis.html

Meanwhile, I am going to go look for a Project Management or Budgeting class!