Page 29 - CISSO_Prep_ Guide

SWOT analysis is a careful examination of the organization
concerning its strengths, weaknesses, opportunities, and threats
(SWOT). The organization needs to pursue its measurable,
develop its opportunities, remediate its vulnerabilities, and be
ready to address the risks it faces.

The Balanced Scorecard is a way to align business activities
with the vision and strategy of the organization. This is done by
examining the approach of the business from four contrasting
perspectives; financial goals, learning and growth, the
perspective of the customer, and the perspective of the company.
By seeking a balance between the various aspects, the
organization can develop a solid strategic plan that represents
the vision of the organization.