BUS FPX 4993 Assessment 2 SWOT Analysis

Student Name

Capella University

BUS-FPX4993 Business Capstone Project

Prof. Name

Date

SWOT Analysis

Understanding one’s strengths and weaknesses is essential for personal development and career planning. A SWOT Analysis, commonly used for organizational analysis, is also valuable for personal assessment and goal setting (Teoli et al., 2019). Through this analysis, individuals can identify their advantages relative to competitors and strategize solutions to address weaknesses and external threats (Chagan, 2021).

Strengths

My strengths encompass various aspects such as character traits, job experiences, and education. Firstly, I possess determination and commitment, dedicating myself fully to achieve goals (Teoli et al., 2019). Secondly, my diverse job experiences have equipped me with a broad skill set spanning data management, customer service, and technical business aspects. Lastly, nearing completion of my bachelor’s degree and intending to pursue further education in business reflects my commitment to personal growth.

Weaknesses

My primary weakness lies in excessive self-criticism, leading to feelings of inadequacy and occasional low self-esteem (Widiger & Oltmanns, 2017). Additionally, I tend to overcompensate for mistakes by sacrificing personal time, which affects my relationships with family members (Widiger & Oltmanns, 2017).

Opportunities

Professional connections established through my role as a merchant contractor for the US Navy and involvement in local volunteer organizations offer diverse opportunities for engagement in civic activities (VonBergen, 2013). These connections enhance my social skills and provide insights into various community needs. Furthermore, participation in volunteer programs enriches my emotional intelligence, crucial for career advancement.

Threats

Economic uncertainties, especially amid the pandemic, pose significant threats to job stability and organizational health (Mikhaylova et al., 2020). Rapid technological advancements also present challenges, emphasizing the need for continuous skill development to remain competitive. Moreover, the influx of younger, tech-savvy employees threatens to replace traditional skill sets, highlighting the importance of adaptability.

Strategies for Development

Addressing personality weaknesses is crucial for career growth (Mitin et al., 2022). Leveraging strengths to overcome feelings of inadequacy and seeking career counseling can aid in identifying new strengths and aligning opportunities with long-term goals. Additionally, integrating peer feedback to refine interpersonal skills and manage self-criticism can enhance professional effectiveness.

Peer Feedback

Colleagues commend me for being dependable and hardworking. However, they note tendencies towards people-pleasing and excessive self-apology, which may hinder leadership potential (Mitin et al., 2022).

References

Chagan, K. (2021). A Guide to a Personal SWOT Analysis: Preparing for Your Next Role. Pepperdine University. Retrieved from https://bschool.pepperdine.edu/blog/posts/personal-swot-analysis-

Mikhaylova, A. G., Nikitaeva, M. V., & Kokodey, T. A. (2020). Formation of personal qualities by means of acmeological approach in the context of professional becoming. SHS Web of Conferences, 87, 28. EDP Sciences. https://doi.org/10.1051/shsconf/20208700028

BUS FPX 4993 Assessment 2 SWOT Analysis

Mitin, L. M., Mitina, L., & Shchelina, S. (2022). Theoretical and Analytical Foundations and New Technological Means of Overcoming Barriers to Personal and Professional Development of Educational Subjects. ARPHA Proceedings, 5, 1103-1114.

Teoli, D., Sanvictores, T., & An, J. (2019). SWOT analysis. StatPearls. StatPearls Publishing, Island (FL). https://europepmc.org/article/med/30725987

VonBergen, C. W. (2013). SWOT analysis for individuals. United States Association for Small Business and Entrepreneurship. Conference Proceedings, 55. United States Association for Small Business and Entrepreneurship.

Widiger, T. A., & Oltmanns, J. R. (2017). Neuroticism is a fundamental domain of personality with enormous public health implications. World Psychiatry: Official Journal of the World Psychiatric Association (WPA), 16(2), 144–145. https://doi.org/10.1002/wps.20411

BUS FPX 4993 Assessment 2 SWOT Analysis