personal swot analysis - a good tool for assessing employees
Post on 19-Oct-2014
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DESCRIPTION
Businesses use SWOT analysis to help them identify their strengths, weaknesses, opportunities and external threats. Conducting a personal SWOT analysis can help both employers and employees identify the best positions that match employees' skills and experience. Additionally, the tool helps those in job transition to better brand themselves for positions.TRANSCRIPT
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PersonalSWOT Analysis
“The better you know yourself, the better your relationship with the rest of the world.” – Toni Collette
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What is a SWOT Analysis
Used in business to assess an organization’s Strengths, Weaknesses, Opportunities and Threats
Internal assessment performed by Subject Matter Experts from various disciplines
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What Does it Do?
Helps identify– Things that an organization is very good at– Things that are in need of assistance– Things that organization’s should take advantage of– Things that threaten the organization
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What is a Personal SWOT Analysis?
Personal assessment of an individual’s Strengths, Weaknesses, Opportunities and Threats Inward look at:
– What makes a person valuable– What areas need to be worked on– What things a person can take advantage of – What threatens their ability to take advantage of
opportunities
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How Can it Help?
Helps identify personal, managerial, educational, technical strengths & weaknesses
Helps identify missing links in their career chain Helps identify positions/functions in which people can
excel and which they need additional training
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How should it be conducted?
YOU – Identify your strengths, weaknesses, opportunities,
perceived threats
Friend/Family/Work Associate– Identifies your strengths, weaknesses, opportunities,
perceived threats
COMPARE – Compare your assessment to their assessment
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Friend/Family/Work Associate?
Someone you trust Someone whose opinion you value Someone who can and will be honest with you Someone who you will listen to Someone you will take constructive criticism from
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SWOT Definitions
Strength – Internal positive aspects that are under your control.
(i.e. Things you are really good at, value you have to offer, etc.)
Weakness – Internal negative aspects that are under your control
and that you can improve. (i.e. lack of experience, limited knowledge, etc.)
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SWOT Definitions
Opportunities – Positive external conditions that are not under your
control but which you may be able to take advantage. (i.e. Company growth, field shortage, etc.)
Threats – Negative external conditions that are not under your
control but the effect of which you may be able to lessen. (i.e. field obsolescence, competition, etc.)
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SWOT Matrix
Strengths
ThreatsOpportunities
Weaknesses
Internal Assessment
External Assessment of your TARGET industries,
jobs, careers…
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SWOT Analysis Example
Lack of Work Experience Limited Education, Wrong Major Limited Technical Knowledge Lack of Job Knowledge Weak Interpersonal Skills Negative Personal Characteristics
Strengths
ThreatsOpportunities
Weaknesses Work Experience Education Technical Expertise Transferable Skills Personal Characteristics Good networking contacts Associations, Business groups
Positive Trends in Your Field Enhancing Education Fields in Need of Your Skills Geography – ability to move Strengthening Your Network Utilizing Skills in Different Way Enhancing Personal Development
Negative Trends in Your Field Competition in Your Field Training & Education Obstacles Limited Advancement in Field Limited Ability to Develop Limited Positions in Your Area
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Personal SWOT Checklist
Strengths Technical (Writing, Programming, Network,
Web, TelCom, etc.) Soft Skills (Facilitation, Team Building,
Management, Presentation, Writing, Editing, Training, etc.)
Industry Knowledge (Pharmaceutical, Aerospace, Computer, etc.)
Career (Resume Writing, Networking Contacts, etc.)
Education (College, Certifications, Awards, etc.)
Personal Accomplishments (Published Articles, Books, Presentations, Honors, etc.)
Weaknesses Technical (Writing, Programming, Network,
Web, TelCom, etc.) Soft Skills (Facilitation, Team Building,
Management, Presentation, Writing, Editing, Training, etc.)
Industry Knowledge (Pharmaceutical, Aerospace, Computer, etc.)
Career (Resume Writing, Networking Contacts, etc.)
Education (College, Certifications, Awards, etc.)
Personal Accomplishments (Published Articles, Books, Presentations, Honors, etc.)
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Personal SWOT Checklist
Opportunities Industry Change Enhance Soft Skills (Facilitation, Team
Building, Management, Presentation, Writing, Editing, Training, etc.)
Improve Industry Knowledge (Pharmaceutical, Aerospace, Computer, etc.)
Improve Career Skills (Resume Writing, Networking Contacts, etc.)
Increase Education (College, Certifications, Awards, etc.)
Increase Personal Accomplishments (Published Articles, Books, Presentations, Honors, etc.)
Threats Industry (Trends, New, etc.) Cost (Training, education, certifications, etc.) Time (Needed, Have, etc.) Jobs (Limitations or dead end in market or
industry, etc.) Personal (Shyness, Loss of Contacts, Age,
Gender, Fear, Ability, Preferences, etc.) Geography (Personal preference, Relocation
Fears, Cost, Family, etc.) Companies (Reputation, Employee
Treatment, Position, etc.)
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What Next for You?
• Prioritize• Address the Weaknesses
• “Carpe Diem” Seize the Opportunities
• Avoid/Mitigate the Threats
• Strengthen the Strengths
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Address The Weaknesses
• 80/20 or Low Hanging Fruit• Go back to school• Business/technical training• Books• Informational Interviews• Attend industry events• Find a mentor
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Seize The Opportunities
• Transferable skills• Think outside the box• Write White Papers• Perform research• Informational Interviews• Read business articles• Network, network, network…
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Avoid/Mitigate Threats
• Time Management• Eliminate self-made Roadblocks• Plan• Personal Portfolio• Research• Network, network, network…
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Strengthen The Strengths
• Improve Weakest Strengths• Enhance Strongest Strengths• Use for Other Things• Teach Others• Share Expertise• Write (Papers, Presentations, etc.)
• Find Someone to Mentor• Network, network, network …
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What Next for Your Employer?
• Identify• Areas that best suit his/her strengths
• Don’t put them in areas where they are ill suited
• Help the employee• Seize the Opportunities• Avoid/Mitigate the Threats• Strengthen the Strengths
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Closing Thoughts
Doesn’t Happen Overnight Short Range Goals
– Celebrate Along the Way Evaluate Your Goals
– What do I want to do?– Where do I want to go?
Explore Your Options
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Closing Thoughts (Cont.)
Network, network, network…– Build Your Network - Big to Small– Build Your Network - Small to Big
Learn & Apply
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Questions?
“I felt gratified to be able to answer quickly, and I did. I said I don’t
know.”
Mark Twain