Published 5 Aug 2022
What is a SWOT Analysis Template?
A SWOT analysis template is a pre-formatted document that can be used to conduct a SWOT analysis. A SWOT analysis is conducted to identify a company or an individual’s Strengths and Weaknesses, the Opportunities they have or can have, and the Threats they may face.
This free SWOT analysis template will help users better understand and analyze their Strengths and Weaknesses to identify the possible Opportunities and Threats they might face. Other tasks this template can help with are:
- Noting issues in processes or products
- Setting certain questions as “Required” so they need to be answered
- Giving team members more context into some problems or opportunities by attaching photos and videos
- Creating new business processes with a systematic approach
This article briefly discusses:
Before everything, a SWOT analysis is often done with a goal in mind. This can be related to improving processes or operations, or to increase sales and productivity of the business.
Typically, a SWOT analysis is done by analyzing one’s self or company in the following order:
- Assessing Strengths
- Listing down Weaknesses
- Identifying Opportunities
- Acknowledging Threats
Doing a SWOT analysis is about examining internally first before moving outwards. For organizations, this often means assessing their internal strengths and weaknesses before comparing themselves with other competitors or key leaders, hence why noting Opportunities and Threats come last.
After the analysis, strategies must be developed based on them. This involves using each aspect of SWOT to identify points of improvement or discussion. Ideally, the strategies must be related to the overall goal that prompted the analysis. However, in some cases, new ideas and goals are formulated during the SWOT analysis, which may take precedence.
Often, a SWOT analysis is done in a table format. However, others choose to use a checklist instead. Using a checklist, specifically, a digital one, to conduct a SWOT analysis provides many benefits, such as:
- Ease of use on the go with cloud storage
- Little to no paper to carry around, as everything can is online
- Accessible from any device with the ability to connect to the internet
- Easier to create templates and repurpose them constantly
iAuditor by SafetyCulture is a digital checklist tool that you can use to get started on conducting SWOT analyses. With iAuditor, you can create, manage, and fill out a SWOT analysis template however you see fit, then share it with your team or the rest of your company. You also have the option to use and customize SWOT analysis templates for free from the Public Library or convert your existing SWOT analysis template in-app. The iAuditor converter also supports Word, PDF, and Excel conversion, allowing you to keep all your files in one place for easy access.
You can also use iAuditor to:
- Conduct SWOT analyses anywhere, alone or with your team
- Address Weaknesses and Threats immediately by reporting Issues and assigning Actions to specific people
- Share important information and findings to everyone by raising a Heads Up
- Analyze findings visually by generating analytical reports
FAQs about SWOT Analysis Template
Conducting a SWOT analysis can help with:
- Raising awareness on internal and external issues
- Improving strengths
- Knowing which opportunities to prioritize or take
- Creating plans for the future based on present findings
The process for creating a SWOT analysis template for personal use is the same as the one for teams, companies, and organizations. The only difference is that you will be doing your analysis on yourself. A checklist can also be used for this, allowing you to conduct a SWOT analysis wherever you may be.
Some present their SWOT analysis findings with a verbal presentation. However, it would be best to provide a visual report with it as well as annotations on any images. A visual guide based on the SWOT analysis and its results will not only help viewers easily understand the findings, but it can also make for a more engaging discussion.
This SWOT analysis template can help identify your or your company's Strengths and Weaknesses, as well as the Opportunities and Threats that you might face. Each section of this template prompts you to analyze each SWOT element in-depth in order to have a deeper understanding of how you or your company are operating and what concerns need to be addressed.
This template can be used to evaluate employees’ performances in a certain time frame. Managers can also use this to help set goals, note what needs to be done to achieve them, and identify other points for improvement.
This Comprehensive Gap Assessment Template can be used to help determine the steps an employee needs to take to reach their goals. After, managers can affix their signatures on the checklist to assure verification of the discussion.
This PESTLE analysis template is meant to help business analysts and decision makers to understand and account for macro-environmental factors that can impact the organziation. Use this template to document all PESTLE factors, rate each factor, set priorities, and more.