TOWS Matrix
TOWS Matrix is an effective tool which allows to analize the external opportunities and threats by means of analyzing the internal strengths and weaknesses of a company.
ConceptDraw DIAGRAM diagramming and vector drawing software extended with SWOT and TOWS Matrix Diagrams Solution from the Management Area will help design TOWS Matrix for your company without efforts.
Example 1. TOWS Matrix in ConceptDraw DIAGRAM /p>
SWOT and TOWS Matrix Diagrams Solution offers the extensive drawing tools, the set of templates and samples, and also SWOT Analysis library with variety of predesigned vector shapes for drawing SWOT and TOWS Matrix in a few minutes.
Example 2. SWOT Analysis Library Design Elements
The main purpose of TOWS analysis is to develop four groups of different strategies: SO Strategies, WO Strategies, ST Strategies, and WT Strategies.
So, TOWS Matrix is divided on four parts:
- Strengths - Opportunities
- Strengths - Threats
- Weakness - Opportunities
- Weaknesses - Threats
Example 3. TOWS Analysis Instructional Sample
This sample was created in ConceptDraw DIAGRAM using the tools of SWOT and TOWS Matrix Diagrams Solution. It shows the TOWS matrix developed for the instructional analysis. An experienced user spent 5 minutes creating this sample, you can open it from ConceptDraw STORE.
Use the SWOT and TOWS Matrix Diagrams Solution for ConceptDraw DIAGRAM software for quick, easy and effective TOWS matrix creating.
All source documents are vector graphic documents. They are available for reviewing, modifying, or converting to a variety of formats (PDF file, MS PowerPoint, MS Visio, and many other graphic formats) from the ConceptDraw STORE. The SWOT and TOWS Matrix Diagrams Solution is available for all ConceptDraw DIAGRAM or later users.
TEN RELATED HOW TO's:
If you have doubts about some situation, there are tools that might help you. First used in the Stanford Research Institute in the 60s, SWOT analysis is a great solution and if you need to build a strategy, this tool is very effective. As a result, you will get the clear idea of all the opportunities and threats you might face.
This matrix was build for a TOWS analysis performance. A TOWS analysis includes the same process of listing strengths, weaknesses, opportunities and threats as a SWOT analysis. But, unlike SWOT, TOWS analysis primarily takes into account threats and opportunities and then at least - weaknesses and strengths. This is also a is a strategic planning tool. Beyond making a matrix, the strategy manager should investigate ways the organization can take edge of opportunities and reduce threats by turning to advantage strengths and weaknesses. Making SWOT and TOWS analysis uses the same approach and outputs close results. ConceptDraw SWOT and TOWS Matrix Diagrams solution supplies templates of matrices, that help to list clearly the constituents of SWOT and TOWS analysis.
Picture: SWOT Analysis Solution - Strategy Tools
SWOT Analysis solution extends ConceptDraw MINDMAP and ConceptDraw DIAGRAM products with easy-to-use SWOT Analysis tools.
Picture: SWOT Analysis matrix templates and samples
SWOT analysis makes it possible to form a strategy for a company and takes into account its characteristics. To understand the idea, you can view Swot Analysis Examples for Mac OS X and see how this tool can transform the business strategy. The main point is to adapt to the environment, or to try to influence on it.
This matrix of was designed to assist business manager in conducting of SWOT analysis. It will help to determine the position business takes regarding competitors and perspective of the further development. The factors of SWOT are depicted as bubbles on a chart. The coordinate axes are size (X) and importance (Y). The each bubble's diameter shows the strategic influence of the particular SWOT factors. Moreover, the ConceptDraw solution for SWOT Analysis provides the samples of SWOT Analysis matrices Examples for Apple OS X.
Picture: Swot Analysis Examples for Mac OSX
It’s obvious that a good manager detects threats just in time to prevent a company crisis. If you had ever asked about what SWOT analysis is, then you must have interest in business strategies. After you build a SWOT matrix, you’ll see the pros and cons of your strategy.
The method of SWOT analysis is used in strategy management. It helps to estimate the Strengths, Weaknesses, Opportunities, and Threats generated during an activity of particular business. A SWOT matrix can be build for companies, products, or individuals. Using SWOT analysis means to state business goals and to determine factors, both the internal and external that are good and bad to reach the business goals. The capabilities of ConceptDraw MINDMAP and ConceptDraw DIAGRAM software help professional to carry out SWOT analysis with maximum effectiveness.
Picture: What is SWOT Analysis?
A technical drawing of a building is called an architectural drawing. According to a set of conventions, a building drawing includes a number of views, as well as unit measurements, scales, sheet sizes, cross referencing and annotation. Computer progress had a major impact of the methods of architectural drawing, making manual drawing almost obsolete. Digital drawing software, such as ConceptDraw DIAGRAM , offers a number of tools for each design element: piping plan, floor plan, etc.
Any building should have its plumbing and piping plans for every room, that has a water supply. Plans are applied to indicate arrangement of piping system in the building. This diagram presents a suite of standard piping icons for making building plans that include plumbing and piping layout. This diagram was designed using ConceptDraw solution for Piping and Plumbing planning. Using symbols is valuable for making a valid piping plan. Because any professional will properly interpreted such plan as a piece of technical documentation of a construction project.
Picture: Building Drawing. Design Element: Piping Plan
Related Solution:
TOWS analysis is a method of strategic analysis which is oriented on the study of the threats (T) which are danger for the company and new opportunities (O) which are closely connected with weaknesses (W) and strengths (S) sides of its activity.
ConceptDraw DIAGRAM diagramming and vector drawing software extended with SWOT and TOWS Matrix Diagrams Solution from the Management Area is the best for realization TOWS analysis and for quick and easy construction TOWS Matrix.
Picture: TOWS Analysis Software
Related Solution:
Mind map template of a strategy map that can help you display a variety of performance measures that can have an impact on your organization.
Picture: SWOT Analysis
Related Solution:
TOWS Analysis is a variant of the classic business tool - SWOT analysis, but it is directed more outside. It allows you to analyze the internal environment (weaknesses and strengths) and to plan your own changes through the analysis of changes in the external environment (threats and opportunities).
ConceptDraw DIAGRAM extended with unique SWOT and TOWS Matrix Diagrams Solution from the Management Area is a powerful software for effective TOWS analysis.
Picture: TOWS Analysis
Related Solution:
Competitor analysis is a first and obligatory step in elaboration the proper corporate marketing strategy and creating sustainable competitive advantage. Use powerful opportunities of numerous solutions from ConceptDraw Solution Park for designing illustrative diagrams, charts, matrices which are necessary for effective competitor analysis.
Picture: Competitor Analysis
Related Solution:
Sometimes it’s quite useful to look on a problem from another view. To gain insight into an obstacle you should use SWOT analysis, and this will help you to see the whole situation. When composing a SWOT matrix, you divide your problem onto four elements - strengths, weaknesses, opportunities and threats and place them into matrix.
This sample SWOT analysis matrix of the athletic shoes producing company was designed on the base of template provided by ConceptDraw SWOT and TOWS Matrix Diagrams solution. It delivers number of easy-to-use templates and samples of SWOT and TOWS matrices for ConceptDraw DIAGRAM. Applying one of these templates, enables to quickly find out Strengths, Weaknesses, Opportunities, and Threats. After creating a list managers can consider methods the business can use to amplify strengths and to decrease weaknesses; realize opportunities; and avoid threats.
Picture: SWOT Analysis
Related Solution:
ConceptDraw
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