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Venugopal
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SWOC Analysis instead of SWOT Analysis
The "T" in SWOT can be changed to "C" for Challenge to create a more positive attitude.
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Jagdish B Acharya
Consultant, India
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SWOC for Tactics and SWOT for Strategy
There is perceptible difference between challenge and threat. Threat is usually with bigger dimension and on a long term horizon. Challenge on the other hand is something which can be achieved by tactics and on a smaller time scale.
Sometimes positive and negative words are used so often by trainers that we fail to see the motivational value of strong negative words. Replacing threat with challenge and opportunities with benefits or advantages may defeat the whole purpose of the exercise.
So I suggest that we should stick to the original word in SWOT analysis and use it as a strategic tool.
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Hamid Rezaei
Student (MBA), Iran
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SWOT or SWOC Analysis?
Agree with Jagdish. We should not change the precise words in management tools and concepts, unless we have a sound and well proved reasoning.
Obviously, there is a wide distance between threat and challenge. I think Jagdish explained one or two differences well.
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