Self-Assessment: Strength, Weaknesses, Opportunities, and Threats (SWOT) Analysis

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From the course by University at Buffalo

Roadmap to Success in Digital Manufacturing & Design

28 ratings

University at Buffalo

Roadmap to Success in Digital Manufacturing & Design

28 ratings

Course 9 of 9 in the Specialization Digital Manufacturing & Design Technology

Learners will create a roadmap to achieve their own personal goals related to the digital manufacturing and design (DM&D) profession, which will help them leverage relevant opportunities. The culminating project provides a tangible element to include in their professional portfolios that showcases their knowledge of Industry 4.0. This project is part of the Digital Manufacturing and Design Technology specialization that explores the many facets of manufacturing’s “Fourth Revolution,” aka Industry 4.0. To learn more about the specialization and its courses, please watch the overview video by copying and pasting the following link into your web browser: https://youtu.be/wETK1O9c-CA

From the lesson

Self-Assessment

The purpose of this module is for learners to identify their current situation, perform a self-assessment, and create a personalized future goal within the Digital Manufacturing and Design paradigm. Details of individual lessons in this module are provided below.

Self-Assessment: Strength, Weaknesses, Opportunities, and Threats (SWOT) Analysis4:23

Meet the Instructors

Amy Moore
Project Manager & Act-Authorized Job Profiler
University at Buffalo: The Center for Industrial Effectiveness (TCIE)

[MUSIC]

As we have learned in this specialization and elsewhere,

a transformation is taking place in manufacturing from traditional

methods to digital or advanced manufacturing techniques.

We're familiar with the term product lifecycle.

As a reminder, the product lifecycle is a sequence and

interaction of processes that take place from the time an idea or

a product is generated to the point when the product is used, then disposed.

Many can be involved throughout this process, creating the need for

a workforce ready to evolve with the 4.0 industry.

In this evolution, we recognize that processes previously monitored and

controlled by humans are now being monitored through technology.

Intelligent machines use sensors and data throughout

the manufacturing process to maximize efficiency in operations.

The outcome is high productivity, high quality,

and significant improvements to the processes.

These changes have resulted in companies being more agile,

more productive and more competitive.

Where do these advancements lead individuals?

This module will take you through a self-assessment to

determine what you have to offer now and in the future.

At the end of the module you will be able to

conduct a self-assessment using a strengths, weaknesses,

opportunities, and threats or SWOT analysis or similar.

[MUSIC]

You'll be able to reflect on the results to create at least one

future desired state.

You will also be able to create a self marketing document to generate project

livelihood.

[MUSIC]

SWOT is the acronym for strengths, weaknesses, opportunities, and threats.

The output is a list of action items to focus on as you

transition from a current to a future state.

Your SWOT analysis should be tied to your project objectives.

It's often set up as a four block square where strengths and

weaknesses are at the top left and right blocks, and opportunities and

threats are listed in the lower left and right blocks respectively.

The strengths and weaknesses blocks include internal factors.

These are factors unique to you.

The opportunities and threat blocks include external factors,

such as industry trends, job postings,

a new software release, regulations and procedures.

The strengths and opportunities box include your traits and

resources that will help you achieve your objectives.

Traits that pose more of a concern to achieving your objectives

are included in the weakness and threats blocks.

When completed, the analysis provides personalized steps to achieve something.

In this case, your 4.0 roadmap to success in DMD.

Directions to help you get started on your personalized analysis are in

the Resource section.

Also, please use the discussion forum to share your ideas.

After reflecting on your SWOT analysis, update your project charter

with one to three action items to complete within an established time period.

Leverage your strengths to identify and acquire prospective opportunities.

Additionally, list at least one action item to mitigate or

reduce the risk of a threat adversely impacting you or your ability to

achieve your objectives as a result of one or more of your weaknesses.

These steps will help you further construct your personalized roadmap within

digital manufacturing and design.

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