As a student, the SWOT analysis method serves as an effective self-assessment tool to evaluate your strengths, weaknesses, opportunities, and threats across various aspects of your studies.
The primary purpose of a SWOT analysis is to help you identify and achieve specific goals, both academic and personal. While SWOT analysis is often viewed as a structured, analytical tool, it also encourages creative thinking, helping you to gain a deeper understanding of key areas in your development.
The SWOT analysis is often traced back to the 1965 as the work of Albert Humphries and his colleagues at SRI International (comprised of Stanford University trustees in 1946 as a centre of innovation to support economic development in the region). For its initial presentation, it was originally named “SOFT” analysis, standing for:
This was later developed into the SWOT analysis, replacing Faults with Weaknesses.
The SWOT analysis chart is a simple yet effective tool for evaluating your own strengths, weaknesses, opportunities, and threats. To use a SWOT analysis chart, you should first begin by drawing a 2x2 grid (as above) labelled:
Strength
Weakness
Opportunities
Threats
What are your strengths?
These are internal factors that give you an advantage over others. Consider your own skills, expertise, or aspects that differentiate you from others.
For example, as a student, you may have the following strengths:
Strong time management skills
Motivation
Supported by family / friends
Effective communication skills
Teamworking Skills
What are your weaknesses?
These are internal factors that put you at a disadvantage from others. You should be specific and honest with these additions to ensure that you are aware of what may be holding you back within your studies.
For example, you may have the following weaknesses:
Procrastination over assignments and projects
Difficulty understanding complex topics or subjects within my degree
Limited experience in the field you are studying
Struggle balancing academic life with personal and extracurricular activities
Test anxiety affecting performance.
What opportunities are there?
These are external factors that can advantage you greatly! It is wise to keep updated within the current market that you are studying within to be able to capitalise on these opportunities that may come forth throughout your degree!
For example, some opportunities may be:
Accessible online courses to strengthen areas
Internships within the university of industry that can allow you to gain practical experience
Partaking in clubs or extracurricular activities to develop teamworking and networking skills
Scholarship opportunities
Further study opportunities within the university
What threats are there?
Similar to the opportunities, the threats are also external factors that could pose challenges or risks.
Examples of threats to students are:
Increasing competition amongst peers for grades and opportunities
Pressure to meet both academic and social expectations
Uncertainty about career paths
Health issues from stress and academic burn out
Distractions from social media, gaming, or other non-academic activities
Analysis...
Based upon the SWOT analysis chart, you can then develop and action strategies. This can consist of steps to build you strengths and address your weaknesses. It can also allow you to pursue new opportunities to allow for your growth as a student and to defend against potential threats.
Dess, G.G., Lumpkin, G.T. and Eisner, A.B. (2005). Strategic Management. Irwin Professional Pub.
Richards, G. & Grinsted, S. (2016) The logistics and supply chain toolkit : 101 tools for transport, warehousing, and inventory management. Second edition. London: KoganPage.
Reddy, K. P. (2012) BIM for building owners and developers : making a business case for using BIM on projects. Hoboken, N.J: John Wiley & Sons. pages 140-147
Puyt, R.W., Lie, F.B. and Wilderom, C.P.M. (2023). The Origins of SWOT Analysis. Long Range Planning, [online] 56(3). doi:https://doi.org/10.1016/j.lrp.2023.102304.
Stewart, R.F., Benepe, O.J. and Mitchell, A., 1965. Formal planning: The staff planner's role at start up (No. 250). California: Stanford Research Institute.
Succeed in the workplace. (n.d.). Succeed in the workplace. [online] Available at: https://www.open.edu/openlearn/mod/oucontent/view.php?id=20020§ion=4.1.