SWOT analysis

The role of HR function in strategic planning.  Strategic Planning is essential in any organization and this assignment will assist the student in applying the SWOT analysis.

1) First: Explain, in your words, what is strategy and why is it important2) Second: Supply the following information Your Vision: Where you see yourself in the future (pick a time – 1 year, 5 years, down the road at some point- be specific or not it’s up to you)Your Mission: The goals you set in order to obtain the VisionStrategy to Achieve your Vision
         For Example:            Vision – To become a Registered Nurse (RN)           Mission – Obtain Degree and NC State Nursing License           Strategy to Achieve Vision – provide a detailed plan as to how you will achieve the Vision through the Mission, meaning what exactly do I need to do to become an RN 3) Third: Perform a SWOT analysis on yourself as it relates to your Vision/Mission/Strategy S – Strengths (Internal – your strengths) W – Weaknesses (Internal – your weaknesses) O – Opportunities (External – opportunities around you that will help you achieve your Vision, like FTCC for instance, family support, etc.) T – Threats (External – obstacles that may prevent you from achieving your Vision, like money or bills, family obligations, etc.)
 You may find this website helpful:  http://www.mindtools.com/pages/article/newTMC_05.htm 

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