Strategic Planning: SWOT & TOWS Analysis
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- čas přidán 15. 12. 2012
- www.driveyoursuccess.com/2011/... - Link explains how to use TOWS to move SWOT to an action plan.
www.driveyoursuccess.com Video explains both the SWOT analysis and TOWS analysis in strategic planning
This video explained what I needed to know in 3 minutes than my MBA class did in 3 hours, Thanks Ian
I just skip long, boring lectures and learn from CZcams in my own time lol
If your MBA class didn't give you a theoretical construct to consider the dimensions of the business environment, but you have to rely on cute and restrictive kiddies acronyms, then you were not MBA material in the first place.
I was searching TOWS analysis for my CA Exam...The explanation is quite awesome.......it saves my time......clear easy explanation.....
After watching this video, it definitely explains a good way to honestly evaluate your company. This is worth watching. Thank you Ian
Marcia, Thank you very much for your feedback. It's always nice to hear. Take care
00000000000000000000000000
Excellent
Ian thanks for spending the time to explain these two forms of analysis so many can benefit from it. A nice short sharp video.
Thank you Anuraag. The TOWS analysis I showed was an example one. In that example, strengths and weaknesses are internal to your company, while the opportunities and threats are external. The idea is to link specific strengths to capitalize on opportunities and specific strenghts to mitigate threats. They don't have to be the same strengths - they can be different. I attached a link to an article in the video description that explains the entire process.
Why did I not discover you ages ago?!?!?!?! Very informative and captivating, excellent presentation skills and content!
Thank you very much Kudzai. Let me know if you want me to cover another topic.
I am doing TOWS of UBER and i was looking for such info,Thanks alot... very simple and understandable ! keep it simple...
Thanks a bunch for the feedback. Let me know if you want me to cover another topic. Take care - Ian
Awesome sir. Tq!
Thank you for this vdo. Appreciate the details.. Since I am part of Supply Chain Org, we use SWOT for new supplier selection.. I came across the TOWS for the first time.. I am wondering how could I apply the essence of TOWS into the supplier selection.. I mean what should be on the top (as you mentioned "Internal" & "External/Market")...
Thank you for explaining it easily to me, i have been doing this for 5 days and looking in google wasn't easy to understand thank you for this video this is my assignment thanks a lot :)
Thank you very much Ian for the clarity on the two TOWS and SWOT,very helpful indeed.
Collins Makoni Thank you Collins. I appreciate the feedback. It does make a difference.
all your videos are great and supportive, thank you
I am doing an MBA and was browsing for the SWOT and TWOS and this video seems awesome. So quick and to the point. Thanks for sharing the video. Will you also please share some thing for SOSTAC.
Murari Goswami - I will certainly try to do something on SOSTAC. Thanks - and keep coming back. :)
Hi Ian, I have a book that told me using the points from swot analysis and add the weight and rate for those points (this way was taken from Wheelen and Hunger). And you can use those points into the TOWS analysis...do you think the weight and rating table is useful?according to your video...
This is really a good brainstorming tool for me. Thank you so much Ian.
+reginayukyuk Thank you Regina for your feedback
Extremely simple and easy to understand.
Thank-you
Thanks Felix
OMG this is the simplest explanation I have ever seen. I have my Strategic Management (MBA final Sem) Exams tomorrow. Such a nice video. Thanks for the upload.
Ayon Manna Thank you very much for your feedback. Let me know if there is anything else you want me to discuss.
Surely.
Hello, Thanks for the efforts. these videos are really usfull. I have a question that is confusing me, and here it goes, apologize it is a little bit long but it's killing me.I work in a department, and the board members use and responsible for the Strategic Planning process were they use the SWOT tool for environmental analysis and then, the board members asks us in a group meeting to do the SWOT analysis for our department weakness, strengthes... ect.... now after we finish the SWOT, the board members identify gaps and create organizational strategic objectives and then they create the strategy map for the company and then cascade the identifed strategic objective to our department and inform us that we have to achieve this strategic objectives. Now, my question is, since we have already used the SWOT in the beginning, what do we need to do (as a department) or what kind of tool do we use to identify how to achieve the strategic objectives that the board members have identified from our SWOT analysis, do we use the SWOT again? thanks
Ian, thank you for explanation the TOWS tool in a very easy and clear way. Could you please answer is it always has to be connected in this way: S1 to O1, S1 to T1, O1 to W1, T1 to W1? Or it could be let's say S1 to O3, S2 to T1 etc? I think it depends on my SWOT list I made in a strategy or marketing plan.
You can use an app that connects these feature for you: cayenneapps.com/swot-analysis
Wow! This is some awesome information that I much needed. Thanks for the share
I like how you explain the theory by giving example !
thank you, it was much needed help, it was clear and easy way of interpreting. again thank you for sharing the knowledge.
That's well explained Ian. Thanks for the prez. Presumably you can use those links then to determine the items on your Balanced Business Scorecard and track the effectiveness of the strategy?
Absolutely
this is mighty useful for tapping into one's weaknesses
Thsi will probably get me another extra point for my Sales & Marketing exam, great work ! :-)
Very good explanation. Thank you very much for posting this.
Extremely helpful, thank you very much Mr. Johnson! :)
Thank you Mr. Johnson. Can you give a hypothetical example of the swot analysis of any organization and a company?
Yes, I can. Here are a couple of links from www.driveyoursuccess.com
1. Strategic Business Planning: Use TOWS to Move SWOT to an Action Plan:
www.driveyoursuccess.com/2011/09/strategic-business-planning-use-tows-to-move-swot-to-an-action-plan.html
2. Assessing the Company’s Supply Chain with a SWOT Analysis:
www.driveyoursuccess.com/2011/03/assessing-the-companys-supply-chain-with-a-swot-analysis.html
3. How Can a Competitor SWOT Analysis Improve Your Customer Service?
www.driveyoursuccess.com/2011/01/how-can-a-competitor-swot-analysis-improve-your-customer-service.html
Thank you so much Mr. Johnson. Take Care.
@@Driveyoursuccess It doesn't work Mr Johnson , however, I would like to thank you for your perfect way of explaining
Straight to the point and informative - Thank you!
You might want to check this out czcams.com/video/jIsp-XCgd8w/video.html
great teaching.... WORTH FOLLOWING MORE OF THESE VIDEOS...
Thanks for the comment and feedback. If there is ever any topic you would like clarification on or need me to do a video on, just let me know.
Thankyou very much, this was very useful for my degree! Subscribed!
Thanks man. This was...for the lack of a better word - perfect :)
Thank you very much for your feedback.
Great, thank you! So simple way of explaining
this helped me out alot, thank you!
WOW! That was wonderful! THANKS!
thank you Ian for this wonderful TOWS analysis. I used to depend on SOWT analysis as a tool for situational analysis in marketing and promotion. Now, the TOWS analysis is more deeper and more comprehensive. Thanks again and I think we need more videos about strategic planning from your side. you are very good at it.
Mr.Johnson you can use lined white board while writing it will be more better.
Easy to understand
Thank you
AMAZING EXPLATION!
Wow this is really insightful 💛
nice video and easy to understand. thanks Ian
good video great explanation
Thanks Ian,
This was very helpful.
Thank you very much Ronald. Let me know if you would like me to cover anything else. Take care and best regards,
great video. thank you for uploading
I liked the way of yur explaining sir, basically I'm doing the course of hotel management in mgm ihmcty aurangabad.
am from Maharashtra
WOW, thank you so much for this video.. so simply explained
You're welcme
Great video. Thank you so much. Just subscribed.
great explanation, thank you so much!!!!
Thank you Ian it is helpful for my module of International Business Strategy
Thanks a lot, mate. It helped me so much.
+John Constantine My pleasure John. Stay in touch. Ian
Good info and thanks for sharing!!
Thank you so much, sir. This video is very useful.
It has been of good help to me. Thanks very much. Please a little explanation about STRATEGIC DECISION MAKING using Mintzberg theory
great video... thanks for the content
It is prety helpfulll. Thanks alot, Bro.
Thank you. This was useful.
The challenge I'm having is in limiting the opportunities to external entries. There are so many *internal* opportunities for improvement and that is all the company is focusing on. Anyone experiencing this?
Great effort. Thank you very much.
Thank you. Let me know if you need anything.
thanks, that was easy and simple.
great vid again, thanks - can you make a video where you explain mission and visions and impact on the company and the costumers?
Hello Rasmus - Yes, that's a video I plan on doing. I've been travelling quite a bit on business and have not added any new videos, but one about mission & vision statements within the overall strategic planning process is a good topic. Take care.
My course sent me here
Great explanation
Thanks Danny - let me know if you - or any other friends or colleagues - taking that course want me to cover another topic. Take care
Thank your for the educative video.
+Bull Track Thanks a bunch bull track. Take care - Ian
amazing. thank you so much.
Thanks a lot from Germany :)
Hey Ian would you also recommend a HOSHIN KANRI approach for Planning and Execution - if not why not ?
Thanks
Strategic-Leadership-India - Rohit Dhankar @ strategic-leadership-india.com/ Hmmm, Not familiar with this - I will have to investigate it.
Great idea
thanks and it is easy to understand！
How do you pull all the TOWS ideas together into a simple strategic statement and just 3 or 4 strategic pillars.. rather than say a dozen? This is the tricky part where I'm at currently. :)
Check this out czcams.com/video/P24rn6rYTfc/video.html
Awesome!
Nicely done!
Thanks Sidney!
Thank you ❤️
thank you very much
My favorite point', TOWS..
Very good presentation
Thank You Woody!
A bit surprise when these clips were made 7 years ago. I hope you have time to share with us more about these topics. An update or case study, ect.
Thanks Ian.
this was awesome...thanks so much...
Thanks Johnnya - let me know if there is anything you would like me to cover in another video.
thank you
Just awesome!
Thanks Paulo. It's very much appreciated.
Thanks.
Does this apply to business strategy as well?
+Peter Lantz Hi Peter: Yes, it does. The purpose of the video is to simplify how companies go about using certain strategic planning tools and to always be cognizant of the stumbling blocks. However, strategic planning is never simple or easy.
thanks!
shout out to you Ian Johnson!!!!
Can u come up with a more detailed version of it?
Sure - what do you need?
@@Driveyoursuccess A detailed version on TOWS would be good if possible?
ian jani mast video h
One request to make hope you won't mind if you can speak little slow and loudly that would help immensely as sometimes understanding dialect if English fs not one's primary language. Thanks a ton, in advance.
Nice
Its a SOR Matrix
Please send me lessons on Emily
Thank you
Yes dude i FUCKING love you
I do not see any need for a separate TOWS analysis really. Its just a matter of making sure that what you put in your SWOT grid is based on data and evidence not hunch and wishful thinking. I say "just" but it may be quite hard for senior managers to 1. Get the data they need to do a proper SWOT and 2.Be honest with themselves when figuring out what the data tells them. But if the SWOT is based on a proper analysis, you put S and W on one side of the grid and T and O on the other. Surely there is no need to complicate things by calling it TOWS. A SWOT on the fly done round the table for quick brainstorming is probably not much use in the real world as compared to the classroom?
+LearnLoads Sorry - but the TOWS analysis emerged because of the inherent deficiencies of the SWOT. The SWOT is a brainstorming tool - not a tool that lays the groundwork for actionable plans or strategies.
+Ian Johnson Not denying that TOWS is an recognised tool - just that it is one acronym too many!
Agreed! There are way too many. There is SWOT, TOWS, PEST, PESTLE - it's endless and kind of amusing at times. However, I think that TOWS forces people to match their internal strengths to the external issues they need to address. With a SWOT, it's common to finish and then hear someone say "ok, so what's next?". Thanks for the comments - take care.
still watching in 2023
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