Weaknesses are internal factors that may limit or impact your business’ ability to achieve its goals and reach your vision.
Weaknesses are factors that may put your business at a disadvantage to others - and are things your business doesn’t do well or needs to improve.
Some examples might be:
- lack of brand recognition
- outdated technology
- ineffective marketing or business development processes
- limited financial resources
- poor customer retention
- high staff turnover or organisational cultural issues
- limited innovation ability
- ineffective leadership
- inferior product or service quality
Expand in the description why you believe this is a weakness.
Strategic Theme Dialog: Introduction