Enhance business strategy with our Editable SWOT Analysis Template Workflow, structured to evaluate Strengths, Weaknesses, Opportunities, and Threats.
1
Identify the business or project scope
2
Research and gather data about the business
3
List down the Strengths of the business
4
Approval: List of Strengths
5
Enumerate the Weaknesses of the business
6
Approval: List of Weaknesses
7
Ascertain Opportunities for the business
8
Approval: Ascertainment of Opportunities
9
Identify Threats to the business
10
Approval: Identification of Threats
11
Continuously Review and Update SWOT Analysis
12
Submission of Final SWOT Analysis Document
13
Approval: Final SWOT Analysis Document
14
Create and customize the SWOT Analysis Template
15
Input SWOT Analysis data into the Template
16
Review and Edit SWOT Analysis Template
17
Approval: Edited SWOT Analysis Template
18
Present SWOT Analysis to relevant stakeholders
Identify the business or project scope
Define the boundaries and objectives of the business or project. Understand what needs to be analyzed and evaluated. Identify the problem statement and the desired outcome.
Research and gather data about the business
Collect relevant information about the business, including financial data, market trends, customer feedback, and industry analysis. Use various sources such as reports, surveys, interviews, and online resources.
1
Reports
2
Surveys
3
Interviews
4
Online Resources
5
Financial Data
List down the Strengths of the business
Identify and document the internal factors that contribute to the success of the business. These can include tangible assets, intellectual property, human resources, brand reputation, or unique capabilities.
Approval: List of Strengths
Will be submitted for approval:
List down the Strengths of the business
Will be submitted
Enumerate the Weaknesses of the business
Identify and document the internal factors that hinder the progress or performance of the business. These can include lack of resources, outdated technology, poor management, or reputation issues.
Approval: List of Weaknesses
Will be submitted for approval:
Enumerate the Weaknesses of the business
Will be submitted
Ascertain Opportunities for the business
Identify and document the external factors or trends that can benefit the business. These can include market growth, emerging technologies, changing consumer preferences, or new partnerships.
Approval: Ascertainment of Opportunities
Will be submitted for approval:
Ascertain Opportunities for the business
Will be submitted
Identify Threats to the business
Identify and document the external factors or risks that can negatively impact the business. These can include competition, economic downturns, regulatory changes, or technological disruptions.
Approval: Identification of Threats
Will be submitted for approval:
Identify Threats to the business
Will be submitted
Continuously Review and Update SWOT Analysis
Regularly review the SWOT analysis to ensure its accuracy and relevance. Update it as new information becomes available or if there are significant changes in the business environment.
Submission of Final SWOT Analysis Document
Submit the finalized SWOT analysis document to the relevant stakeholders, such as the management team, investors, or project sponsors.
Approval: Final SWOT Analysis Document
Will be submitted for approval:
Submission of Final SWOT Analysis Document
Will be submitted
Create and customize the SWOT Analysis Template
Develop a template for conducting SWOT analysis that fits the specific needs and requirements of the business or project. Customize it by adding relevant sections, categories, or metrics.
Input SWOT Analysis data into the Template
Transfer the collected data from the SWOT analysis process into the customized template. Organize and present the information in a structured and visually appealing manner.
1
Text
2
Tables
3
Charts
4
Diagrams
5
Infographics
Review and Edit SWOT Analysis Template
Thoroughly review and edit the SWOT analysis template to ensure its accuracy, clarity, and comprehensiveness. Make any necessary revisions or improvements based on feedback or new insights.
Approval: Edited SWOT Analysis Template
Will be submitted for approval:
Review and Edit SWOT Analysis Template
Will be submitted
Present SWOT Analysis to relevant stakeholders
Deliver a comprehensive and concise presentation of the SWOT analysis to the relevant stakeholders. Clearly communicate the findings, implications, and recommendations derived from the analysis.