September 21, 2008
One senior student , who is studying doctoral degree, told me that he wanted to study MBA.
I replied with question, “So, why are you studying in Computer Engineering? This is totally different way of life”
He answered, “It’s all about lucks”
In project management, there are a lot of uncontrollable factors. These factors are listed as “risks” with mitigation plan and corrective plan.
In life management, there are also a lot of uncontrollable factors too. There are no common single word to call them. But most Thai people call them “lucks”.
Sadly, I must admit that few of us,Thai people, do any life planning. Unlike project planning that were taught in class.
One of Agile idea is to “welcome all changes”. I think that we can adopt it to our real life…”welcome all lucks, whether it’s good or bad, exploit it !!”
Today, I am going to SWOT myself…
If you don’t know what is SWOT… take a look at the quote below (from : http://en.wikipedia.org/wiki/SWOT_analysis)
Strategic Use: Orienting SWOTs to An Objective
If SWOT analysis does not start with defining a desired end state or objective, it runs the risk of being useless. A SWOT analysis may be incorporated into the strategic planning model. An example of a strategic planning technique that incorporates an objective-driven SWOT analysis is SCAN analysis. Strategic Planning, including SWOT and SCAN analysis, has been the subject of much research.
- Strengths: attributes of the organization that are helpful to achieving the objective.
- Weaknesses: attributes of the organization that are harmful to achieving the objective.
- Opportunities: external conditions that are helpful to achieving the objective.
- Threats: external conditions which could do damage to the business’s performance.
Identification of SWOTs is essential because subsequent steps in the process of planning for achievement of the selected objective may be derived from the SWOTs.
First, the decision makers have to determine whether the objective is attainable, given the SWOTs. If the objective is NOT attainable a different objective must be selected and the process repeated.
Most of people know SWOT from business or management class. However,it’s common analysis tool which can apply to various fields. Yes, even in project management.
Let me bore you with another quote, which is essential things that people over look
Creative Use of SWOTs: Generating Strategies
If, on the other hand, the objective seems attainable, the SWOTs are used as inputs to the creative generation of possible strategies, by asking and answering each of the following four questions, many times:
- How can we Use each Strength?
- How can we Stop each Weakness?
- How can we Exploit each Opportunity?
- How can we Defend against each Threat?
In past semester, we have done SWOT analysis many time in our IT Entrepreneur class. However, we never think about these questions seriously.
Oh yeah, enough of boring stuff. This is my SWOT
- Highly-Motivated, very active
- Well-rounded skills
- High GPA
- A lot of extra-curriculum activities experience
- Win some awards in IT fields
- Connections to professors
- Poor English skill
- Gets bored with things easily
- No specialty skill
- Bad looking (nerd)
- Too serious in work
- Too many interests (Easily digress)
- Get second internship. (To tell the truth, it’s the third)
- I’m in Chula (famous, strong alumni relationship)
- Outsourcing IT business is growing in Thailand
- Most of IT companies in Thai don’t value technician people (Less salary)
- Bad looks on Chula students (know only theory)
- High GPA
Those seem to be all I can think now. On the next post, I’ll use this analysis result to plan my life in the next semester, the last one in my four-year study.