SWOT Analysis
SWOT Analysis is a strategic planning framework used to evaluate the Strengths, Weaknesses, Opportunities, and Threats involved in a project, business, or personal decision. It involves identifying internal factors (strengths and weaknesses) and external factors (opportunities and threats) to inform strategy development and decision-making. This tool helps in assessing competitive position and guiding future actions.
Developers should learn SWOT Analysis to improve project planning, team management, and career development by systematically evaluating technical and business aspects. It is particularly useful in software development for assessing technology stacks, team capabilities, market trends, and competitive landscapes before starting new projects or making architectural decisions. For example, it can help decide whether to adopt a new framework or identify risks in a product launch.