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Strengths, weakness, opportunities, and threats (SWOT) analysis used to determine where to apply special efforts to achieve desired outcomes. Entails listing:

  • Strengths and how to take advantage of them.
  • Weaknesses and how to minimize their impacts.
  • Opportunities and how to capitalize on them.
  • Threats and how to deal with them.

Tip excerpted from: The Professional's Guide to Maintenance and Reliability Terminology by Ramesh Gulati, Jerry Kahn and Robert Baldwin

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