• Strategy
  • What is business strategy and how can one be developed easily?

    Strategy based on SWOT analysis

    Today’s article focuses on the final outcome of the SWOT analysis process: strategy. Let’s take a look at the whole process once again: What is strategy? Quoting the definition from Wikipedia: Strategy (from Greek στρατηγία stratēgia, “art of troop leader; office of general, command, generalship”) is a high level plan to achieve one or more goals under […]

  • Strategy
  • What is SWOT analysis? Examples of SWOT

    Minimum Viable Product - MVP sample

    SWOT is one of the easiest and most effective methods of analysis. It can be applied both to business processes (such as determining market positions or validating new product ideas) or personal decisions (such the progress of career). The acronym SWOT stands for: Strengths Weaknesses Opportunities Threats The development of SWOT is credited to Albert Humphrey, who tested the […]