SWOT Analysis

SWOT Analysis

The success of every organization depends on how its variables, operations, and management is conducted based on the intended outcome.  Management usually deploys various approaches in attempts to meet the rising demands within their organizations. However, SWOT analyses have provided exceptional methods to achieve this operation. SWOT analysis and other insightful strategies help an organization to formulate better ways through which they can make their rising demands. SWOT is an abbreviation of Strength, Weaknesses, Opportunities, and Threats. It acts as a technique four accessing the four aspects of an organization.  In Dontex organization, the need for the SWOT analysis is necessary as it helps in providing the fundamental approaches that can be used to boost its operations. This paper focuses on examining the SWOT analysis of the Dontrex organization.

Strengths: Strengths refer to all things that an organization does well that can distinguish from any competitors. In the Dontrex organization, the entire franchise has string financial capabilities and motivates its workers based on their performance. The access of materials and the manufacturing process also signifies the strength of an organization. Advantages are an integral part of the organization and help in distinguishing one organization from competitors.  The Dontrex organization, for instance, has adequate resources that members can use to explore and improve their performances based on the required threshold.  Strength in an organization is essential if it is capable of initiating a clear advantage within the premise.

Weaknesses: Regardless of the positive outcomes that are the main focus of organizations, there are also instances of vulnerabilities that can be realized. As for strengths, the gap in an organization is the inherent features of an organization. It mainly focuses on procedures, resources, systems, and people who play an integral part in the organisation’s success (Gürel & Tat, 2017).  The common weakness in the organization includes low output, financial capabilities, reduced market command, complacent procedures, and systems. For the success of the Dontrex organization, focus and coherency of the methods organized by the premise have tried to avoid any instance of inadequate systems that have recently exposed it to massive setbacks. The perception of competitors in a market portrays an organisation’s weaknesses. However, it is always necessary to maintain coordinated operations to reduce such cases.

Opportunities: These are chances or openings for something positive intended to happen, though it requires a person’s attention to claim them for themselves.  Opportunities usually arise from situations that are outside an organization and need an eye to the expected outcome in the future. Opportunities, in most cases, occur in the form of developments in markets that an organization serves as in the case of Dontrex. The ability to spot and exploit all the available opportunities makes it have considerable accomplishments in terms of issues that it needs to accomplish (Gürel & Tat, 2017).  The success of the Dontrex organization has been associated with exceptional focus on the changes in the government policies. Changes in population profiles, social patterns, as well as lifestyles, can go through an organization to exciting opportunities. 

Threats: These factors and issues can negatively affect the organization from outside (Verboncu & Condurache, 2016). They include market requirements shifts, supply chain problems, and a shortage of recruits. In most cases, it is essential to anticipate all the threats and formulae actions against them before falling for their victims to stall the growth. In the Dontrex organization, the common risks include few customers, no new products, and low worker turnouts. 

SWOT ANALYSIS

References

Gürel, E., & Tat, M. (2017). SWOT analysis: a theoretical review. Journal of International Social Research, 10(51).

Phadermrod, B., Crowder, R. M., & Wills, G. B. (2019). Importance-performance analysis based SWOT analysis. International Journal of Information Management, 44, 194-203.

Verboncu, I., & Condurache, A. (2016). Diagnostics vs. SWOT analysis. Revista De Management Comparat International, 17(2), 114.