situation analysis

Definition

The process of identifying and evaluating existing internal and external elements that may impact an organization's ability to achieve its objectives. A situational analysis also includes a SWOT analysis which is an assessment of the organization's strengths, weaknesses, opportunities and threats.

Use situation analysis in a sentence

You should try and do a situation analysis to make sure everything is going as well as it could be.

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Our situation analysis told us about the factors we were thinking of and it showed us things we needed to know.

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The situation analysis showed that the company was technically on track to break even for the quarter, but they were cutting it close.

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