Strategic Planning: SWOT & TOWS Analysis

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Ian Johnson

Ian Johnson

11 жыл бұрын

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

Пікірлер: 146
@azexknight
@azexknight 7 жыл бұрын
This video explained what I needed to know in 3 minutes than my MBA class did in 3 hours, Thanks Ian
@patrickhemus8102
@patrickhemus8102 3 жыл бұрын
I just skip long, boring lectures and learn from KZfaq in my own time lol
@dagwould
@dagwould 2 жыл бұрын
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.
@juliepaton2897
@juliepaton2897 6 жыл бұрын
Ian thanks for spending the time to explain these two forms of analysis so many can benefit from it. A nice short sharp video.
@ayonsarkar9579
@ayonsarkar9579 6 жыл бұрын
I was searching TOWS analysis for my CA Exam...The explanation is quite awesome.......it saves my time......clear easy explanation.....
@marciaphillips4000
@marciaphillips4000 10 жыл бұрын
After watching this video, it definitely explains a good way to honestly evaluate your company. This is worth watching. Thank you Ian
@Driveyoursuccess
@Driveyoursuccess 10 жыл бұрын
Marcia, Thank you very much for your feedback. It's always nice to hear. Take care
@cyprasadrao
@cyprasadrao 3 жыл бұрын
00000000000000000000000000
@cyprasadrao
@cyprasadrao 3 жыл бұрын
Excellent
@youcefsaidOtmani
@youcefsaidOtmani 6 жыл бұрын
I am doing TOWS of UBER and i was looking for such info,Thanks alot... very simple and understandable ! keep it simple...
@Driveyoursuccess
@Driveyoursuccess 11 жыл бұрын
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.
@throwawayaccount842
@throwawayaccount842 6 жыл бұрын
all your videos are great and supportive, thank you
@gennesiededios1507
@gennesiededios1507 7 жыл бұрын
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 :)
@collinsmakoni6975
@collinsmakoni6975 9 жыл бұрын
Thank you very much Ian for the clarity on the two TOWS and SWOT,very helpful indeed.
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Collins Makoni Thank you Collins. I appreciate the feedback. It does make a difference.
@kudzaisibanda8707
@kudzaisibanda8707 10 жыл бұрын
Why did I not discover you ages ago?!?!?!?! Very informative and captivating, excellent presentation skills and content!
@Driveyoursuccess
@Driveyoursuccess 10 жыл бұрын
Thank you very much Kudzai. Let me know if you want me to cover another topic.
@FelixLargaespada
@FelixLargaespada 8 жыл бұрын
Extremely simple and easy to understand. Thank-you
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
Thanks Felix
@reginayukyuk
@reginayukyuk 8 жыл бұрын
This is really a good brainstorming tool for me. Thank you so much Ian.
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
+reginayukyuk Thank you Regina for your feedback
@Driveyoursuccess
@Driveyoursuccess 11 жыл бұрын
Thanks a bunch for the feedback. Let me know if you want me to cover another topic. Take care - Ian
@yeeswariambalagan5836
@yeeswariambalagan5836 3 жыл бұрын
Awesome sir. Tq!
@farimu1
@farimu1 10 жыл бұрын
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...
@hanadgeyre3499
@hanadgeyre3499 9 жыл бұрын
thank you, it was much needed help, it was clear and easy way of interpreting. again thank you for sharing the knowledge.
@shivkumarck
@shivkumarck 8 жыл бұрын
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")...
@jesslynnsh
@jesslynnsh 5 жыл бұрын
I like how you explain the theory by giving example !
@user-ej3iw8lw3w
@user-ej3iw8lw3w 6 жыл бұрын
this is mighty useful for tapping into one's weaknesses
@icunurse01
@icunurse01 7 жыл бұрын
Wow! This is some awesome information that I much needed. Thanks for the share
@mrbusdriversir
@mrbusdriversir 10 жыл бұрын
Very good explanation. Thank you very much for posting this.
@Ayonbuddy28
@Ayonbuddy28 9 жыл бұрын
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.
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Ayon Manna Thank you very much for your feedback. Let me know if there is anything else you want me to discuss.
@Ayonbuddy28
@Ayonbuddy28 9 жыл бұрын
Surely.
@eltonjacobus618
@eltonjacobus618 7 жыл бұрын
great teaching.... WORTH FOLLOWING MORE OF THESE VIDEOS...
@davyinvasion
@davyinvasion 9 жыл бұрын
Thsi will probably get me another extra point for my Sales & Marketing exam, great work ! :-)
@ekaterinemrulishvili9692
@ekaterinemrulishvili9692 4 жыл бұрын
Extremely helpful, thank you very much Mr. Johnson! :)
@zzirGrizz00l
@zzirGrizz00l 5 жыл бұрын
Thankyou very much, this was very useful for my degree! Subscribed!
@RapDiedin1997
@RapDiedin1997 11 жыл бұрын
Great, thank you! So simple way of explaining
@denvergovernor2857
@denvergovernor2857 4 жыл бұрын
Straight to the point and informative - Thank you!
@emilycarter8922
@emilycarter8922 2 жыл бұрын
You might want to check this out kzfaq.info/get/bejne/oK-jo5CJqM3IaKs.html
@mmgtechm
@mmgtechm 9 жыл бұрын
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.
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Murari Goswami - I will certainly try to do something on SOSTAC. Thanks - and keep coming back. :)
@jeffo2160
@jeffo2160 5 жыл бұрын
this helped me out alot, thank you!
@LoboyCoolers
@LoboyCoolers 5 жыл бұрын
WOW! That was wonderful! THANKS!
@Abdullahjat
@Abdullahjat 7 жыл бұрын
Easy to understand Thank you
@thahypeizreel
@thahypeizreel 11 жыл бұрын
Thanks man. This was...for the lack of a better word - perfect :)
@jaco1sha
@jaco1sha 8 жыл бұрын
good video great explanation
@Driveyoursuccess
@Driveyoursuccess 11 жыл бұрын
Thank you very much for your feedback.
@agataweronikachmiel1683
@agataweronikachmiel1683 6 жыл бұрын
great explanation, thank you so much!!!!
@chiranjivanand5665
@chiranjivanand5665 3 жыл бұрын
Wow this is really insightful 💛
@sergiuszkuczynski8987
@sergiuszkuczynski8987 8 жыл бұрын
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.
@SandraWojcieszak
@SandraWojcieszak 7 жыл бұрын
You can use an app that connects these feature for you: cayenneapps.com/swot-analysis
@tonyliu2022
@tonyliu2022 8 жыл бұрын
nice video and easy to understand. thanks Ian
@delannastanczyk3916
@delannastanczyk3916 7 жыл бұрын
great video. thank you for uploading
@hmartwoodson8567
@hmartwoodson8567 3 жыл бұрын
Thank you Ian it is helpful for my module of International Business Strategy
@destiniz5617
@destiniz5617 Жыл бұрын
AMAZING EXPLATION!
@narenikka7947
@narenikka7947 7 жыл бұрын
Great video. Thank you so much. Just subscribed.
@ihabbashier5680
@ihabbashier5680 8 жыл бұрын
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
@businessstrategiesinsights8737
@businessstrategiesinsights8737 6 жыл бұрын
Good info and thanks for sharing!!
@ahmedibrahim3243
@ahmedibrahim3243 7 жыл бұрын
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.
@phitakthongchoo4495
@phitakthongchoo4495 6 жыл бұрын
Thank you so much, sir. This video is very useful.
@billubakra007
@billubakra007 10 жыл бұрын
Thank you Mr. Johnson. Can you give a hypothetical example of the swot analysis of any organization and a company?
@Driveyoursuccess
@Driveyoursuccess 10 жыл бұрын
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
@billubakra007
@billubakra007 10 жыл бұрын
Thank you so much Mr. Johnson. Take Care.
@essamsaleh5573
@essamsaleh5573 4 жыл бұрын
@@Driveyoursuccess It doesn't work Mr Johnson , however, I would like to thank you for your perfect way of explaining
@rahulagrawal1877
@rahulagrawal1877 6 жыл бұрын
I liked the way of yur explaining sir, basically I'm doing the course of hotel management in mgm ihmcty aurangabad. am from Maharashtra
@allstar23mj
@allstar23mj 7 жыл бұрын
WOW, thank you so much for this video.. so simply explained
@Driveyoursuccess
@Driveyoursuccess 7 жыл бұрын
You're welcme
@RationalCreed
@RationalCreed 7 жыл бұрын
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?
@Driveyoursuccess
@Driveyoursuccess 7 жыл бұрын
Absolutely
@jdamicoofficial
@jdamicoofficial 5 жыл бұрын
great video... thanks for the content
@Em_edits.
@Em_edits. 10 жыл бұрын
It has been of good help to me. Thanks very much. Please a little explanation about STRATEGIC DECISION MAKING using Mintzberg theory
@ronaldrichardson6806
@ronaldrichardson6806 9 жыл бұрын
Thanks Ian, This was very helpful.
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Thank you very much Ronald. Let me know if you would like me to cover anything else. Take care and best regards,
@tatekwosenyeleh7086
@tatekwosenyeleh7086 2 ай бұрын
It is prety helpfulll. Thanks alot, Bro.
@arima5657
@arima5657 8 жыл бұрын
Thanks a lot, mate. It helped me so much.
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
+John Constantine My pleasure John. Stay in touch. Ian
@KaXTuber
@KaXTuber 3 жыл бұрын
Thank you. This was useful.
@Lime_A
@Lime_A 9 жыл бұрын
thanks, that was easy and simple.
@eng.saharmansour1412
@eng.saharmansour1412 10 жыл бұрын
Great effort. Thank you very much.
@Driveyoursuccess
@Driveyoursuccess 10 жыл бұрын
Thank you. Let me know if you need anything.
@daisybit
@daisybit 8 жыл бұрын
thanks and it is easy to understand!
@LarsMalta4ever
@LarsMalta4ever 7 жыл бұрын
Thanks a lot from Germany :)
@NishantSingh-qf4bf
@NishantSingh-qf4bf 5 жыл бұрын
Mr.Johnson you can use lined white board while writing it will be more better.
@bulltrack7667
@bulltrack7667 8 жыл бұрын
Thank your for the educative video.
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
+Bull Track Thanks a bunch bull track. Take care - Ian
@nashwan4980
@nashwan4980 3 ай бұрын
amazing. thank you so much.
@dannyhamilton5512
@dannyhamilton5512 9 жыл бұрын
My course sent me here Great explanation
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Thanks Danny - let me know if you - or any other friends or colleagues - taking that course want me to cover another topic. Take care
@strategic-leadership-india9759
@strategic-leadership-india9759 10 жыл бұрын
Hey Ian would you also recommend a HOSHIN KANRI approach for Planning and Execution - if not why not ? Thanks
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Strategic-Leadership-India - Rohit Dhankar @ strategic-leadership-india.com/ Hmmm, Not familiar with this - I will have to investigate it.
@mr.ahmedjama2589
@mr.ahmedjama2589 3 жыл бұрын
Great idea
@RasmusGK
@RasmusGK 9 жыл бұрын
great vid again, thanks - can you make a video where you explain mission and visions and impact on the company and the costumers?
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
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.
@improvmaniac
@improvmaniac 5 жыл бұрын
Nicely done!
@Driveyoursuccess
@Driveyoursuccess 5 жыл бұрын
Thanks Sidney!
@Driveyoursuccess
@Driveyoursuccess 11 жыл бұрын
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.
@johnnyaburruss6470
@johnnyaburruss6470 8 жыл бұрын
this was awesome...thanks so much...
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
Thanks Johnnya - let me know if there is anything you would like me to cover in another video.
@VivinAbrahamMathews
@VivinAbrahamMathews 8 жыл бұрын
Thanks Ian.
@arminmashayekh4071
@arminmashayekh4071 3 жыл бұрын
thank you very much
@eldymarzyrinalejo5452
@eldymarzyrinalejo5452 Жыл бұрын
Thank you ❤️
@TK-yf8sq
@TK-yf8sq 3 жыл бұрын
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. :)
@lisahyden4998
@lisahyden4998 2 жыл бұрын
Check this out kzfaq.info/get/bejne/hphkpdFn17-4lpc.html
@eagleeyemind4800
@eagleeyemind4800 3 жыл бұрын
Awesome!
@woodypham6474
@woodypham6474 4 жыл бұрын
Very good presentation
@Driveyoursuccess
@Driveyoursuccess 4 жыл бұрын
Thank You Woody!
@woodypham6474
@woodypham6474 3 жыл бұрын
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.
@meilyakaryaputri3483
@meilyakaryaputri3483 4 жыл бұрын
My favorite point', TOWS..
@paulinhovai
@paulinhovai 9 жыл бұрын
Just awesome!
@Driveyoursuccess
@Driveyoursuccess 9 жыл бұрын
Thanks Paulo. It's very much appreciated.
@rumpelstilchen
@rumpelstilchen 4 жыл бұрын
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?
@peter6928
@peter6928 9 жыл бұрын
Does this apply to business strategy as well?
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
+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.
@michaelschindler2870
@michaelschindler2870 2 ай бұрын
thank you
@rohan9406
@rohan9406 6 жыл бұрын
Can u come up with a more detailed version of it?
@Driveyoursuccess
@Driveyoursuccess 5 жыл бұрын
Sure - what do you need?
@rohan9406
@rohan9406 5 жыл бұрын
@@Driveyoursuccess A detailed version on TOWS would be good if possible?
@jackwilkin1567
@jackwilkin1567 5 жыл бұрын
shout out to you Ian Johnson!!!!
@CFATrainer
@CFATrainer 5 жыл бұрын
thanks!
@Boleh888
@Boleh888 3 жыл бұрын
Thanks.
@altamashali7152
@altamashali7152 2 жыл бұрын
ian jani mast video h
@m.saleem5368
@m.saleem5368 8 жыл бұрын
Nice
@mostafaobadah4463
@mostafaobadah4463 4 жыл бұрын
Please send me lessons on Emily Thank you
@DaljitSingh-us4tc
@DaljitSingh-us4tc 8 ай бұрын
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.
@Jarrodlicksthepussy
@Jarrodlicksthepussy Жыл бұрын
Yes dude i FUCKING love you
@Pangasiusdesk
@Pangasiusdesk 11 жыл бұрын
Its a SOR Matrix
@doncarlodinero
@doncarlodinero 9 ай бұрын
still watching in 2023
@Learnloads
@Learnloads 8 жыл бұрын
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?
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
+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.
@Learnloads
@Learnloads 8 жыл бұрын
+Ian Johnson Not denying that TOWS is an recognised tool - just that it is one acronym too many!
@Driveyoursuccess
@Driveyoursuccess 8 жыл бұрын
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.
@tsilitsili7597
@tsilitsili7597 2 жыл бұрын
Specify the goal and need money
@gbskujefctscienceclub7553
@gbskujefctscienceclub7553 6 жыл бұрын
I GAINED A LOT OF STUDY
@philippefabre9950
@philippefabre9950 Жыл бұрын
Better that melatonine !
@flinch328
@flinch328 6 ай бұрын
PETER GRIFFIN!!!!!!!!!!!!!
@HaiNguyen-lo3wp
@HaiNguyen-lo3wp 2 жыл бұрын
Ông lo thân ông đi ông thánh. Định vị bản thân mình cho đúng. Bán hàng là 1 tổ hợp hàm số chứ không phải 1 vài vấn đề ông nói dữ liệu cung cấp ai nghiên cứu vậy ông?
@yemid1178
@yemid1178 3 жыл бұрын
You say " I am allowed to do anything "- but not everything is good for you. And even though "I am allowed to do anything, I must not become a slave to anything " 1 corinthians 6:12 Do not be a slave to sin. Surrender your life to Jesus Christ. Jesus loves you.
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