What does SWOT analysis primarily assess?

SWOT analysis is a strategic planning tool used to identify and evaluate an organization's internal strengths and weaknesses, as well as external opportunities and threats. The methodology provides a structured way for organizations to assess their current situation and develop strategies for future growth and improvement.

By analyzing strengths, organizations can leverage their capabilities to pursue favorable opportunities, and recognizing weaknesses allows them to identify areas for improvement. Assessing threats helps organizations prepare for external challenges that could impact their success. This comprehensive approach facilitates informed decision-making and strategic planning, making it an essential tool for nurse executives and other leaders in healthcare settings.