Remember that this analysis is mentioned generally at the end of the recommendations. However I feel if the concept is understood at the beginning it will help when we will revert on this subject again in the concluding Lessons<\/p>\n
An Appraiser has to weigh
\nS- Strength of the project\/concern
\nW- Weakness – do-
\nO- Opportunities -do-
\nT- Threats. – do –
\nOf the proposal to arrive at a decision.
\nFor a Manager\/Appraiser SWOT is a tool like a thermometer, stethoscope,an X ray or a Eco cardiograph to s doctor.
\n* Strengths may be
\n-Excellent standing ,goodwill
\n-High net worth
\n-Managerial abilities
\n– Technical qualifications.
\n-Strong financials etc.<\/p>\n
# Weakness may be
\n– No previous experiences
\n– No technical or managerial knowledge.
\n– Low Net worth
\n– First generation businessman<\/p>\n
@ Opportunities
\n– Unfulfilled demand for the product
\n– Tax Holidays as located in SEZ\/Export promotion zone\/near Port\/Airport
\n– New inventions,product,fashion,social need \/new apps<\/p>\n
$$ Threats
\n– Entry of competitors
\n– Imports allowed freely(China Products)
\n– Product out of fashion
\n– Change in Govt. directives
\n-Change in Act
\n– Change in environmental factors
\n– Change in lifestyle.
\n– Prone to Natural\/local calamities.
\nA Decision maker should take such factors into considerations.
\n@ STRENGTHS enables you to put your best foot forward.
\n@WEAKNESS? Who does not have them? You can take corrective steps only when you can gauge the.
\n@ OPPORTUNITIES – They are plenty even in adversity. Only one has to evaluate them for what they are?
\n@ THREATS – They are like ticking time bombs; defuse them by anticipation and taking preventative action.
\n++++++++\u00b1+++++++++
\nSUCCESS IS A JOURNEY NOT A DESTINATION !!! . ++++++++++++++
\nI concluded with this Good bye.
\nWe will revert back on this aspect again.
\nBUT I feel the subject be known for better understanding of Appraisal .<\/p>\n
Waman Gokhale
\n7350901500.
\nwaman. gokhale@gmail. com<\/p>\n