The most important ideas will be implemented

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In this case, some role-playing games can be conducted to stimulate the team. 5. Prioritize opportunities It's time to rank the opportunities. These measures will be taken by the management of the company in a small group. Each idea is analyzed and ranked on a scale from 1 to 10. The most important ideas will be implemented. 6. Take action Based on the prioritized ideas, the action plan will be established. A structured system such as an implementation plan will chart the following directions and actions. Implementation of the results after the Swott analysis If you have a complete Swott analysis in front of you, there are two steps: matching strengths with opportunities and turning weaknesses into strengths. 1. Capitalize on your strengths Location and reputation and seasonal service are all strong points.


These aspects communicate to an organization that it must continue to experiment with its popular Phone Number Data seasonal services. It also demonstrates to the company that it should continue to develop and nurture the strong relationships with legacy customers that have strengthened the company's reputation in the community. In essence, acting on your business strengths is "acting on your strengths." 2. Strengthen weak points Be honest with your company and admit your weaknesses. The buying power of rival companies can be difficult for small businesses, with limited reach and marketing budget restrictions can be seen as weaknesses. It might be difficult for a small business to compete with a chain, but there are many other ways small businesses can be competitive. Developing strong and meaningful relationships with customers, a service that cannot be provided by large companies, can be an asset to your company.






3. Seize opportunities Identifying opportunities, by evaluating strengths, provides a list of objectives to be pursued. Growing consumer interest in organic ingredients is a major opportunity. Even if you have an absolute advantage over every other business in the industry, not having the time, money or staff resources to maintain that advantage can result in losing those opportunities over time. The opportunities, depending on the business, will be different, therefore it is necessary to create a roadmap for capitalizing on them, whether they are internal or external. 4. Reduce threats Anticipating threats may be the most difficult challenge you will face at this stage. First of all because the threats are part of the external factors and are difficult to control.