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SWOT analysis stands for Strengths, Weaknesses, Opportunities, and Threats. It is a tool to effectively plan your strategy across different domains, not just business, but every other subject matter, if sustainable growth is needed. The students are required to critically asses a business scenario, case study or organisation simpling it down into internal and external affecting factors with clear and insightful structure.
Sounds simple, right? But here’s where it gets tricky –
- Lack of practical knowledge: Many individuals struggle to apply real world thinking to theoretically based studies, differentiating and understanding between what’s a strength and what’s an opportunity can get complicated.
- Case study overload: SWOT analysis assignments mostly involve analysing businesses or industries with complex business models, guiding students towards an endless pit of research data interpretation.
- Poor structure: SWOT analyses must be framed reasonably; students tend to miss the importance of this, leading to lower marks despite the quality of work.
- Overgeneralised answers: Vague points such as “good customer service” or generic explanations without any backing can lead to bad grades, since professors expect beyond surface level observations.
- Time constraints : Multiple assignments piling on your desk can take away the fun of learning, adding in the mixture of limited time can be the worst recipe, leading to an effortless outcome, which ends up getting you bad grades.
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