Importance-Performance Analysis based SWOT analysis
By Boonyarat Phadermrod, Richard M. Crowder, Gary Brian Wills. International Journal of Information Management, 2016
476 citations recorded by the source corpus.
SWOT analysis, a commonly used tool for strategic planning, is traditionally a form of brainstorming. Hence, it has been criticised that it is likely to hold subjective views of the individuals who participate in a brainstorming session and that SWOT factors are not prioritized by their significance thus it may result in an improper strategic action. While most studies of SWOT analysis have only focused on solving these shortcomings separately, this study offers an approach to diminish both shortcomings by applying Importance-Performance Analysis (IPA) to identify SWOT based on customer satisfaction surveys which produces prioritized SWOT corresponding to the customers’ perception. Through the use of IPA based SWOT analysis, it is expected that a organisation can efficiently formulate strategic planning as the SWOT factors that should be maintained or improved can be clearly identified based on customers’ viewpoints. The application of the IPA based SWOT analysis was illustrated and evaluated through a case study of Higher Education Institutions in Thailand. The evaluation results showed that SWOT analysis of the case study accurately reflected the organisation's situations thereby demonstrating the validity of this study.
Subfields: Organizational Behavior and Human Resource Management, Strategy and Management, Transportation
View Paper: https://www.semanticscholar.org/paper/b25b8fc89d8cc00a22cdd69aff53d71bd7d38d40
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Citations in the corpus
- A state-of-the-art techno-economic review of distributed and embedded energy storage for energy systems (2019, methodology): “[126] describes the design of a SWOT analysis.”