I wish you a very happy and successful new year 2020.
It’s a new year & a new decade. New dreams, New goals, New resolutions and much more. I know you are already on it. Even I do.
But everything goes away soon. We lose the track, we forget the resolutions. For some it happens in three months, for some it happen in a month and for some it happens within 10 days.
How many of you have been there?
I have been there too.
But this time I thought of making a difference.
My New Year’s resolution started three weeks back and I have already started to see the change. Now, I am going to share exactly the same thing which I did three weeks ago.
If you have your New Year’s resolution ready, GREAT! This might help you to make it even better.
If you have not done it, PERFECT! Let’s get it done now!
The SWOT analysis is all about analyzing the current situation based on Strength, Weakness, Opportunities and Threats.
This can be done for business as well as your personal life.
How can this help me?
Simple, it can help you to identify who you are, what you are and where you want to be?
To put it better, it can help you to identify your internal strengths and weaknesses and the external opportunities and threats you have.
Assess Your Strength
Write down all your strengths that makes you stand out. Answer the questions such as;
- What can you do better than anybody else?
- What skills and certifications you have?
- Do you have any success stories from Industries or from people you have worked with?
- What does your boss or your co-worker say your strengths are?
- What values you have that is beneficial for the organization you work or the clients you work with?
- What beneficial habits you have?
Do you pace down yourself. Write everything that you see as your strength. It might be your persuasive skills that has helped you close deals or your time-management skill for completing all your projects on time.
It is important to understand that some of the things that you list as your strength are not really your strength at all. Refine it now.
Assess your Weakness
Just like you wrote all your strengths, write down your weaknesses as well. Be brutally honest with yourself.
- What skills are holding you back?
- Is there anything you avoid or pass off just because you are not so confident?
- Do you have any bad habits like going late to work, procrastination, attitude, negativity, you know them?
- Can you handle stress?
- Do you finish things on time?
- What weakness does your co-worker or your boss point out?
- What weakness your wife, or your friends, or your family point out?
Do not worry about it. Every weakness can be turned into a strength.
There are a lot of opportunities around us, which we sometimes fail to know or sometimes we know but forget to take action.
Have you ever heard of this quote –
“Opportunities don’t happen you create them”
Here is one more
“Opportunities are like sunrises, if you wait too long, you miss them” – William Arthur Ward
Fill in the opportunities section now, look for opportunities like;
- Is there any open position in your company or outside your company that matches your skills and strengths?
- Is there any new technology that you can learn which will help you grow even further?
- Is there anyone who can coach you on a certain skill or technology?
- Can you volunteer?
- Are there any seminar or classes that can help you to improve?
Look inside Weaknesses and Threats which can be converted into an opportunity
This is the last quadrant which is a stumbling block that stops you from reaching your goal.
Answer the questions like;
- Are there any competition?
- Is your co-worker posing a threat for your growth?
- Is there any new technology introduced in your field of work which you are not aware of?
- Is there something holding you off?
- Does your personality traits holding you back?
- Are your skills obsolete?
- Are you out of trend?
Choose your Resolution or your Goal
Now you have all that you need, it is time to set your resolution or your goal
Pick up one thing from your Weakness or Opportunity or threat, convert it into your goal in a detailed manner.
For example, if your weakness or threat is you do not know where your hard earned money is going. Let us make a resolution that we track every single penny that we spend every day.
How do I do it?
I purchased a small notepad which I carry it in my wallet. I write down every expense I make in it. At the end of the day you can account it and put it in an excel sheet with necessary categories and track it.
Choosing one and micromanaging one goal will have a huge result. It will be so tough at the start, DON’T QUIT.
Try this and share your feedback.
HAPPY NEW YEAR 2020!