SOAR Analysis Template - Free

Try this free SOAR analysis template to make a beautiful report online. Fill in the blanks, choose the template you like most, and download your customized chart.

✅ SOAR Analysis Word Template: How to Use It

  1. Fill in the blank input fields with the corresponding details.
  2. Choose the preferred design.
  3. Download your SOAR analysis in the required format (Word, PDF, JPG, PNG)

👍 SOAR Analysis Explained

SOAR analysis is a strategic framework for determining a company’s Strengths, Opportunities, Aspirations, and Results. It helps to develop an efficient management model that takes into consideration the firm’s position in the marketplace and stakeholders’ desires.

The picture shows the components of SOAR analysis.

SOAR is unique because it includes some tangible goals that can become effective success drives. The framework identifies aspirations and desired business outcomes. Thus, it can help managers develop a powerful strategy for achieving the established aims.

🤔 Questions for SOAR Analysis

Now, let’s see how to examine each element of SOAR in more detail. The following questions will help you in conducting the analysis:

💪 Strengths:

  • What makes the company stand out among competitors?
  • What is its unique selling proposition?

📈 Opportunities:

  • Are there any gaps in the existing business environment that can be filled in?
  • Are there any market trends that can be leveraged?

🚀 Aspirations:

  • What is the ultimate goal of the company?
  • What value can it bring to the customers?

💡 Results:

  • How can the company make its aspirations measurable?
  • What are the exact numbers or rates that need to be achieved?

📑 SOAR Analysis Example

We have prepared an example SOAR analysis for an electric vehicle brand. Here is what the framework looks like in action:

Strengths

  • Sustainable innovation
  • Increase in popularity of electric cars
  • A small number of direct competitors

Opportunities

  • Growing demand
  • Expanding the network
  • Collaboration with green organizations

Aspirations

  • Efficient allocation of resources
  • Gaining market share
  • Developing new charging methods

Results

  • Reduced production cost
  • 80% of the market share
  • Innovative chargers

Thank you for visiting our website! Feel free to use our SOAR analysis template in education or business. It generates editable, downloadable, and printable templates in a few clicks. Save your time and enjoy an outstanding result!

You're also welcome to check out our other business analysis tools:

❓ SOAR Template FAQ

SOAR is an analysis that helps evaluate a company’s position in the industry alongside the shareholders’ expectations. It is a practical business framework for setting the firm’s goals and developing a strategy for achieving the desired results.

Conducting a SOAR analysis helps develop a management strategy and identify a company's goals. Besides, this framework allows for exploring new market initiatives, focusing efforts and resources in the right direction, and developing a clear organizational strategy.

SOAR combines the data concerning the company’s position in the market with the business owners’ expectations. An accurate SOAR analysis helps managers to use the firm’s potential to the fullest and satisfy the shareholders’ desires.

Unlike most other business analyses, SOAR includes measurable factors that make the framework more valuable. Moreover, SOAR is straightforward and easy to understand. Using our SOAR analysis template makes the writing process go smoother!

🔗 References

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