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A Review on Aluminum Metal Matrix Composites
Published in Suneev Anil Bansal, Virat Khanna, Pallav Gupta, Metal Matrix Composites, 2023
Gurpreet Singh Sokhal, Gurprinder Singh Dhindsa, Gurmail Singh Malhi, Kamaljit Singh Sokhal
SWOT analysis is a strategic planning method used to evaluate the strengths, weaknesses, limitations, opportunities, and threats in a project, research, or business venture.Strength: it is a characteristic of a project team that gives an advantage over others.Weakness: it is a characteristic that places the team at a disadvantage relative to others.Opportunity: these are the external chances to improve the performance.Threats: external elements in the environment that cause trouble for the project.In this paper, SWOT analysis is done according to the manufacturer, designer, and researchers’ points of view.
Insight
Published in Wanda Grimsgaard, Design and Strategy, 2023
SWOT analysis is a method for analysing strengths and weaknesses in the company’s internal environment, and opportunities and threats in its external environment. The analysis is used in order to identify key factors that may lead to fulfilling goals or selecting a strategy. SWOT is an acronym for strengths, weaknesses, opportunities and threats. Time and resources devoted to a gap analysis should correspond to the scope and level of ambition of the project in question. A SWOT analysis maybe performed for a company, project, product, geographic location, person, survey, etc. Here, we use company as an example. The analysis is based on a specified business goal and involves determining which internal and external factors are favourable and unfavourable to achieving this goal, see Table 2.13. The internal factors represent the strengths and weaknesses of the company (such as resources, production, profitability), while the external factors represent opportunities and threats in the market (such as economic cycles, competitive situation and societal trends). The SWOT analysis involves selecting significant key factors and analysing them to determine their impact on goals achievement. In this context, an assessment is made of strengths and weaknesses, opportunities and threats in relation to each other in order to assess whether there is a potential for achieving the goal in question, see Figure 2.35. The same factors that represent strengths and opportunities for achieving a particular goal may, in another context, represent weaknesses and threats.
Enterprise Analysis
Published in Hans Jonasson, Determining Project Requirements, 2016
There are two main areas to this task: understanding the current capabilities and assessing new capability requirements. Most businesses have a constant need to change and improve to stay viable. Even if the business does not want to change, the world around it, the competition, and the marketplace are changing, driving a need to change and improve the business. That means a continuous update of vision, mission, goals, and objectives. To implement these changing directions, there is a constant need to assess what the organization is capable of doing, and a feasibility study is a way of helping with that. A feasibility study looks at feasibility from an organizational point of view. By evaluating different potential solutions to a business issue, a determination can be made as to what the impact is on the organization and also on the outside world. Feasibility doesn’t necessarily mean “is it doable?” It may just as often mean “based on our current situation, is this option reasonable?” Many feasibility studies are initiated based on the SWOT analysis reviewed earlier in this chapter. The SWOT analysis lets the business know its strengths and weaknesses, opportunities, and threats. The feasibility study uses these areas as inputs into an evaluation of what the business can do. Does the organization have the capability to overcome a weakness? How realistic is it to capitalize on the organization’s strength?
A roadmap to ammonia economy: The case of Qatar
Published in Energy Sources, Part B: Economics, Planning, and Policy, 2023
Mohammed Al-Breiki, Yusuf Bicer
The SWOT analysis method is frequently implemented for strategy development as it provides a solid foundation to learn about the current state of an investigated item and to develop plans and strategies to address existing issues. A SWOT analysis can define strengths (elements to use and build upon), weaknesses (areas requiring guidance and assistance), opportunities (areas that can be utilized for benefit), and threats (components that restrict success) of the examined item. Internal factors define strengths and weaknesses, while external factors govern opportunities and threats (Speth 2015). The SWOT analytical approach has been effectively employed in the field of energy for multiple purposes, such as sustainable energy development (D’adamo et al. 2020; Kabak, Dağdeviren, and Burmaoğlu 2016), transitioning to renewable energy (Uhunamure and Shale 2021), strategic diagnostics of the energy industry (Xu and Dong 2019), and deployment of H2 energy (Lee, Jin Kim, and Chul Lee 2021).
Exploring informants’ perspectives on the role of crowdsourced active travel data
Published in Transportation Planning and Technology, 2022
Mohammad Anwar Alattar, Caitlin Cottrill, Mark Beecroft
To support the adoption of crowdsourced data, Adler et al. (2014) developed a Strengths, Weaknesses, Opportunities and Threats (SWOT) model to assess the practice of crowdsourced data in traffic management centers’ operations. Primarily, SWOT analysis is a strategic tool to assess internal capabilities (strengths and weaknesses) and external considerations (opportunities and threats) for businesses. Among other fields, SWOT analysis has been applied to ICT to assess crowdsourced data (Adler et al. 2014; Smith and Harris 2017). As presented in Figure 2, such a model helps agencies to delineate the readiness of adopting this type of data. Herein we used the following terms to develop our themes of interest ‘challenges’ instead of ‘weaknesses’, ‘usefulness’ instead of ‘opportunities’, ‘reliability’ instead of ‘threats’, while ‘strengths’ remain as is. Some of these themes have witnessed academic scrutiny. Strava reliability and challenges have been scrutinized by Lee and Sener (2020), whereas Lee and Sener (2020) puts forward the usefulness and challenges. Lee and Sener (2017) consolidated all mentioned crowdsourced data.