SWOT analysis is important for a bussiness man.

[sethy]

SWOT means-

1. S=Strength

2. W= Weakness

3. O= Opportunity

4. T= Threaten

If anyone starting a business by doing SWOT analysis he/she must be prosper in his/her career.

[shamsi]

Thank you Sethy for introducing SWOT analysis here. Students will definitely be benefited.But I think they should also think about Ice Berg theory.

Regards

Shamsi Ara Huda

Senior Lecturer, Dept.of English

[Sultan Mahmud Sujon]

The usefulness of SWOT analysis is not limited to profit-seeking organizations. SWOT analysis may be used in any decision-making situation when a desired end-state (objective) has been defined. Examples include: non-profit organizations, governmental units, and individuals. SWOT analysis may also be used in pre-crisis planning and preventive crisis management. SWOT analysis may also be used in creating a recommendation during a viability study/survey.
Strengths:

•   What advantages does your organization have?
•   What do you do better than anyone else?
•   What unique or lowest-cost resources can you draw upon that others can't?
•   What do people in your market see as your strengths?
•   What factors mean that you "get the sale"?
Weaknesses:
•   What could you improve?
•   What should you avoid?
•   What are people in your market likely to see as weaknesses?
•   What factors lose you sales?
Opportunities:
•   What good opportunities can you spot?
•   What interesting trends are you aware of?
Useful opportunities can come from such things as:
•   Changes in technology and markets on both a broad and narrow scale.
•   Changes in government policy related to your field.
•   Changes in social patterns, population profiles, lifestyle changes, and so on.
•   Local events.
Threats
•   What obstacles do you face?
•   What are your competitors doing?
•   Are quality standards or specifications for your job, products or services changing?
•   Is changing technology threatening your position?
•   Do you have bad debt or cash-flow problems?
•   Could any of your weaknesses seriously threaten your business?

[rumman]

Below is a list of general skills that will help anyone get ahead in practically any field, from running a company to running a gardening club. Of course, there are skills specific to each field as well â€" but my concern here is with the skills that translate across disciplines, the ones that can be learned by anyone in any position.
1.   Public Speaking
2.   Writing
3.   Self-Management
4.   Networking
5.   Critical Thinking
6.   Decision-Making
7.   Math
8.   Research
9.   Relaxation
10.   Basic Accounting

[Mashud]

actually important also needed any businessman and obey this system. so every one may reach his goal.

[sethy]

Thanks to all to share their opinion.

[saimonh]

Nice.. thanks for shearing....

[Shabnam Sakia]

Interesting analysis...will be helpful to the new entrepreneur.

[Sima]

Good to know...