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Technology, Telecommunications Forecasting, Consulting < TFI A.L.I.C.E. AI Foundation Perceptual Science Group at MIT SWOT analysis A SWOT analysis, with its four elements in a 2×2 matrix. A SWOT analysis (alternatively SWOT matrix) is a structured planning method used to evaluate the strengths, weaknesses, opportunities and threats involved in a project or in a business venture. A SWOT analysis can be carried out for a product, place, industry or person. It involves specifying the objective of the business venture or project and identifying the internal and external factors that are favorable and unfavorable to achieve that objective. Some authors credit SWOT to Albert Humphrey, who led a convention at the Stanford Research Institute (now SRI International) in the 1960s and 1970s using data from Fortune 500 companies.[1][2] However, Humphrey himself does not claim the creation of SWOT, and the origins remain obscure. Identification of SWOTs is important because they can inform later steps in planning to achieve the objective. Matching and converting[edit] One way of utilizing SWOT is matching and converting.
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