The strength of your company’s internal strengths and weaknesses directly impacts your ability to achieve business success. A SWOT analysis is a strategic planning tool that helps you analyze the strengths, weaknesses, opportunities, and threats that your business faces. It’s one of the primary tools businesses use to identify opportunities and risks before making a decision on how to proceed. A SWOT analysis is also useful for identifying whether there are any obvious red flags or areas where you need to do more research. WING Analysis (SWOT Analysis) is an exploratory technique used in organizational studies and business management to analyze the ‘strength, weakness, opportunity and threat’ factors of a company or an organization. Keeping these factors in mind while taking any strategy decision will help in achieving desired results. Let’s take a look at how you can create a WING Analysis for your own business using these 5 steps: