A)Document all strengths, weaknesses, opportunities, and threats (SWOT) related to the top rated objective.
After strategic planners select the top-rated objective of the facility management organization in a Strategic Creative Analysis (SCAN), the next step is to document all strengths, weaknesses, opportunities, and threats (SWOT) related to the top-rated objective. This step is crucial in identifying and analyzing the internal and external factors that may impact the success of the objective.
SWOT analysis is a strategic planning tool that helps organizations to identify their strengths and weaknesses (internal factors) and opportunities and threats (external factors) related to a particular objective or project. By documenting these factors, the organization can develop strategies to maximize its strengths, minimize its weaknesses, capitalize on opportunities, and mitigate potential threats.
The SWOT analysis is usually conducted by a team of stakeholders who have a deep understanding of the objective and its context. They can draw on their experience, expertise, and knowledge of the organization and the industry to identify relevant factors that may affect the success of the objective. Once the SWOT analysis is complete, the organization can use the findings to develop a more detailed plan for achieving the objective, taking into account the strengths, weaknesses, opportunities, and threats that have been identified.