For which purpose would the continual improvement practice use a SWOT analysis?
For which purpose would the continual improvement practice use a SWOT analysis?
The continual improvement practice would use a SWOT analysis for understanding the current state. SWOT stands for Strengths, Weaknesses, Opportunities, and Threats, and this analysis helps in assessing these factors comprehensively. This assessment is critical for identifying areas that need improvement and understanding the internal and external factors affecting the organization.
When assessing the current state, there are many techniques that can be employed, such as a strength, weakness, opportunity, and threat (SWOT) analysis, a balanced scorecard review, internal and external assessments and audits, or perhaps even a combination of several techniques.
5.1.2 - When assessing the current state, there are many techniques that can be employed, such as a strength, weakness, opportunity, and threat (SWOT) analysis, a balanced scorecard review, internal and external assessments and audits, or perhaps even a combination of several techniques. Organizations should develop competencies in methodologies and techniques that will meet their needs.
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