You have an idea to create a brand new company that will provide an environmentally responsible fuel that can be distributed throughout the country. The fuel is highly concentrated, non-toxic, and is produced in a highly secret process that is conducted with thermal heat, so there is almost no environmental impact in producing this fuel.

Fill out the matrix below from the human resources perspective.

INTERNAL EXTERNAL
POSITIVE

Strengths

 

 

 

 

Opportunities

 

 

 

NEGATIVE

Weaknesses

 

 

 

 

Threats

 

 

 

Part One: Risk Analysis

Now that your opportunities and threats are listed, your next task is to bring some order to them as you consider the risks that they contain. Some are probably a larger risk than others.

Use the space below to list the risks identified in your SWOT grid, in priority order. Next, assign a weight to each risk so that all weights add up to 100%.

Risk (listed in order of priority)

Weight assigned (in %)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Part Two: Reflection

Next, answer the following questions.

  1. Identify the actions and competencies required to address gaps to meet opportunities and threats (external forces).
  2. Identify the actions and competencies required to address gaps to meet strengths and weaknesses (internal forces).