Article recommendation: SWOT Analysis - How to

Hello Dominik,

My two cents worth:

SWOT is very useful in not only the Business strategy but also in the requirement analysis, for example, when discussing or reviewing the business process workflow design (when applying business rules to purchase order creation process?).

I also recommend MoSCoW analysis in conjunction with SWOT to give a clearer picture of what needs to be done and in what priority. This is more relevant for Business Strategy than anything else. After all the Business Strategy design involves the Enterprise Analysis process.

Regards,

Sumit

Hi Sumit,

thanks for your comment! I totally agree that SWOT is also helpful in requirements analysis. I think that you can bring it down to this easy formula: Everytime you want to achieve a certain objective (e.g. gather requirements, find improvement approaches, plan changes etc.) it makes sense to perform a SWOT analysis to get a full view on what to consider during future work.

I haven't heard about MoSCoW yet, but this sounds quite interesting. Would you give us an introduction to this approach? I would very much appreciate if you write a short article in the Business Strategy group which gives us an overview of the approach and its benefits.

Kind regards

Dominik

The MoSCoW method basically proposes the categories a development project should use to keep a full view on all cusomer requirements and prioritise them for implementation. Tha acronym stands for "Must, Should, Could, Would". From a stategy and self-positioning perspective it is comparable to the Kano diagram emploed in Lean Six Sigma projects.