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SWOT analysis is a vital strategic planning tool that can be used by Diamond Offshore Drilling, Inc. managers to do a situational analysis of the company . It is a useful technique to understand the present Strengths (S), Weakness (W), Opportunities (O) & Threats (T) Diamond Offshore Drilling, Inc. is facing in its current business environment.

The Diamond Offshore Drilling, Inc. is one of the leading companies in its industry. Diamond Offshore Drilling, Inc. maintains its dominant position in market by carefully analyzing and reviewing the SWOT analysis.  SWOT analysis an immensenly interactive process and requires effective coordination among various departments within the firm such as – marketing, finance, operations, management information systems and strategic planning.

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