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

The Independence Contract Drilling, Inc. is one of the leading firms in its industry. Independence Contract Drilling, Inc. maintains its prominent position in market by critically analyzing and reviewing the SWOT analysis.  SWOT analysis an immensenly interactive process and requires effective coordination among various departments within the organization such as – marketing, finance, operations, management information systems and strategic planning.

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