SWOT Analysis and HR Impact
Instructions
What is your understanding of why organizations conduct SWOT analysis? Select any 2 of the elements above and provide an example for each on how they are reviewed in an organization. Finally, what should be HRs role in SWOT analysis?
Answer
SWOT ANALYSIS AND HR IMPACTSwot analysis refers to a planning technique useful in analyzing the organization's opportunities, weaknesses, strengths, and threats in a business. Many businesses conduct SWOT analysis because it helps them build what they do. SWOT-analysis allows people to address what they lack in an organization and to be in a position to minimize risks (Phadermrod, Crowder & Wills, 2019). SWOT analysis also helps the organization to make the most significant opportunity of possible advantage chances to enable the organization to succeed. The study determines the organization's threat and comes up with a better segment that will help the organization succeed.Strength is termed to workers' capability to achieve their goals (Sriwidadi & Gautama, 2016). The organization...
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