TeamSted

Work in progress!!! This article will contain a reporting on relevant tools related to case work conducted together with Ørsted.

And remember boyzzz, we draw all the figures ourself. If you are not good at it, draw a draft and it will be revised.

Group members

Erik Arvid	Hosszu	s200154
Jacob	Clemmensen	s144069
Björgvin	Hjartarson	s154659
Breno	Strüssmann	s193580
Tobias	Thyssen	s143786
Hashim	Harmeed	s193272

Tools

Introduce the tools chosen and why they were chosen (importance). Also relevance to the specific case

Tool 1 - SWOT

SWOT is a framework used for identifying and analyzing the strength, weakness, opportunities and threats within a company.

Figure 1: SWOT model - Made by TeamSted

The model is divided into internal factors (strength and weakness) and external factors (opportunities and threats). Each of the four elements provides insight of the strategical level within a company.

• Strength: The first element highlights the strength within a company and investigates how they distinguish from competitors.
• Weakness: The second element highlights the weakness within a company, and critically investigates what other companies do better.
• Opportunities: The third element highlights the opportunities within a company, and looks into the company development of new ideas that lead to new markets
• Threats: The fourth element highlights the threats within a company, and investigates what may affect the success and growth of a company