Tribal Business League Conducts SWOT Analysis

June 13th, 2019 | Tribal Business League

Tribal Business League Conducts SWOT Analysis

Lac du Flambea, Wis -- On June 13th, 2019 in Lac du Flambeau Wisconsin, the Tribal Business League gathers for their regular monthly meeting.

This meeting was specifically scheduled with an agenda item to conduct a SWOT analysis of the vendors which presented at the Shark Tank in Green Bay Wisconsin.

What is a SWOT Analysis?

A SWOT Analysis is a strategic planning technique used to help an organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.

In this particular case, the Tribal Business League was collectively determining which vendor would provide the best possible fit for all tribal communities concerned.

The tribal communities included; Bad River, Red Cliff, Lac du Flambeau, Lac Courte Oreilles, and St. Croix.

The SWOT Analysis Process

After three hours of discussion, comparative analysis, and determining which strengths were most important to the group, weaknesses were discussed, and both were given a score to each vendor.

The same process was conducted for the opportunities and threats of each potential vendor.

The summation included a score that which provided a Top 3. This Top 3, provided the Tribal Business League with a thorough analysis of the features, advantages and benefits, along with the differentiation each vendor brought to the table.

The Decision and Next Steps

June 29th was set as the date for a final vote based on the Top 3. Each tribal representative from each member tribe took home literature of each company, the history, previous experience, and added benefits.

For more information on the Tribal Business League, please feel free to contact us through one of our many communication channels.

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Tribal Business League
LCO Box 1711
Hayward, WI 54843
(715) 638-0481

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