A company can use SWOT analysis to overcome threats by first identifying potential dangers and competition activities. Once these threats are identified, the company can strategize on how to use its strengths to counter these threats. For instance, if a company identifies a new competitor as a threat, it can use its unique resources or achievements (strengths) to offer better services or products. Similarly, the company can work on its weaknesses that are exposing it to threats. For example, if lack of innovation is a weakness that is making a company susceptible to competition, the company can invest in research and development to improve on this.
This question was asked on the following presentation:
Use your Strengths to overcome Weaknesses, and seize Opportunities to overcome Threats with our SWOT Analysis deck. Devote your resources on campaigns...
Go to dashboard to download stunning resources
Download
Text this question was asked on:
Strengths. What does your team do well? What has it achieved? What unique resources does it have? Weaknesses. What can be improved? What's lacking? Opportunities. Which trends, platforms or services can be used to your company's advantage? Where can you cut costs? Threats. What are some potential dangers your venture risks to encounter? What is your competition busy doing right now? And, most importantly, what threats your company's current weaknesses are exposing it to?
Ask another question
PowerPoint
Google Slides
Apple Keynote