Create a SWOT analysis of your current or anticipated ITAM program.

[Christopher Davis]

S Strong Chain of custody for items.
W Approval Process too easily circumvented
O There is an opportunity for the Approval process to be strengthened against bypass.
T the biggest threat is overbuying/incompatible hardware purchased due to cracks in the approval process

[Renee Larry]

Strengths: Creating efficient processes and procedures
Weakness: Limited resourses
Opportunities: Finding a better way to track inventory
Threat: Lost or not returned devices are not captured, no penalty to user.

[angela pesnilyan]

Strong systems in place for tracking IT Asset procurement
Willingness to adapt to new technologies
Optimized cloud-based solutions
Trends in the market that may lead to increased coemption

[Michael Boudreau]

Strengths: ITAM is proven to be reliable to IT executive management and accounting.
Weakness: Too much involved in one-off exceptions or responding to other teams accusations that ITAM causes disruption to service management.
Opportunities: Continued demonstration competencies are feasible if invested in.
Threat: Lack of interest in investing in employees to reinforce policy, compliance, or governance. Lack of corporate enforcement with HR and legal when it comes to internal policy governance.

[Joshua Chen]

Strengths: Good team of hardworking workers with the right attitude
Weakness: Undermanned and becoming overwhelmed with tasks added last minute
Opportunities: Good foundation to tackle leadership objectives and continue to be pivotal in key business decisions
Threat: Leadership not fully understanding ITAM function and potentially absorbing into different team

[Naomi Diaz]

Strengths: Strong central repository of purchases and entitlement assignments. Discovery for hardware and software installations.
Weaknesses: Not enough resources to complete proactive activities.
Opportunities: take the data to the next level with AI and streamline processes
Threat: Vendor audits

[Author]

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