Mistake 1: Confusing SWOT with TOWS
This is one of the most frequent errors. The SWOT analysis is a diagnostic tool—it identifies your Strengths, Weaknesses, Opportunities, Threats. The TOWS matrix, on the other hand, is a strategic tool. It takes the insights from the SWOT and turns them into actionable strategies. A common mistake is to stop at the SWOT list and assume the work is done.
Mistake 2: Being Too Vague or Generic
The power of the SWOT-TOWS analysis lies in its specificity. Phrases like “good team” (Strength) or “market is competitive” (Threat) are too broad to be useful. A vague analysis leads to vague strategies. Instead, a useful SWOT entry might be “Our engineering team has deep expertise in cloud-native application development, reducing deployment time by 30%.” Similarly, a more useful threat might be “A new competitor is offering a freemium model that undercuts our basic subscription.” Specificity forces you to be more analytical and makes it easier to formulate clear, actionable strategies.
Mistake 3: Failing to Be Objective
An analysis that is not objective is a waste of time. It’s easy to fall into the trap of only listing favorable strengths and downplaying critical weaknesses, which can stem from a desire to present a positive view of a project or department.
A successful analysis requires brutal honesty and a willingness to confront uncomfortable truths about your organization’s performance.
To counteract this, it is crucial to ground every entry in concrete evidence and data, such as market research or customer feedback.
Involving a diverse group of stakeholders from different departments and levels, including those who might have a different or critical perspective, can help ensure your analysis is grounded in a more complete and realistic view of your company’s reality.
Mistake 4: Not Involving the Right People
A strategic analysis should not be conducted in a vacuum. It requires input from people across different departments, seniority levels, and expertise areas. For example, a SWOT-TOWS analysis led by only the executive team might miss key operational weaknesses or emerging threats that front-line employees are well aware of. A collaborative approach ensures a more holistic and accurate view of the business and its environment, and it also increases buy-in for the strategies that are ultimately developed.