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Allow me to share with you these 16 Free SWOT Analysis Templates in MS Word and PDF format to help draft your own Free SWOT Analysis Templates. You can also download our Cost-Benefit Analysis Templates and Competitive Analysis Templates.

A SWOT analysis utilizes a matrix or a grid to gather the relevant internal and external data of an individual or organization. While opportunities and threats are both external, strengths and flexibility are internal. Further, the data generates a strategy, and thus the strategy results in tactic. Strategic thinking determines how to balance tactical and strategic elements.

Benefits of SWOT Analysis Templates:

Identify Bad Factors:

For any type of business, the strength of the company depends on the ability to adapt to changing external circumstances. Businesses may experience sudden outages due to a natural disaster. A change in consumer preferences for products and services, or competition from other companies in a particular industry.

Other factors that can cause temporary weakness include poor planning, budgetary constraints, and poor quality. Because these factors impact the company’s ability to remain competitive, they require immediate adjustments. This process can be made more difficult if the business is operating with limited knowledge and expertise.

Help you Deal with Changes:

In addition, external issues can force companies to adapt quickly to changing conditions. When external issues are identified, a business can use its SWOT analysis templates and spreadsheets to determine which specific actions to take, in order to overcome those issues. Using appropriate SWOT tools can help you deal with changes and emerging problems in your business more effectively.

Saves Time:

A popular application for business managers is the “SWOT Analysis” template program, which allows users to input key performance indicators and event data and have them appear on a map. Further, this program also allows users to select specific groups of factors for the purposes of analyzing trends, productivity, customer satisfaction, and many other important areas.

Excel versions of swot templates provide a great deal of flexibility and convenience for users. In most cases, they do not require the expertise of programming skills of Excel users, allowing business managers to free up time for other tasks.

Customizable:

The basic structure of many of the Excel workbooks that comprise swot analysis templates is similar. However, some have been available specifically to work specifically with specific types of indicators. Therefore, the business managers who need specific indicators should make sure that the template they choose works with the appropriate indicators. Therefore, this ensures that they will be able to customize it to meet their unique needs.

How to create a SWOT Analysis?

Select a Template:

There are a number of sites on the internet that offer a variety of free templates, as well as paid versions. One of the best places to search for these types of templates is at Google. The site provides a wide range of different types of spreadsheets, including many that are designed specifically for use with the SWOT formula. Many of these websites allow users to download the templates as well as a handful of practice scenarios to test the application of the formula. It is possible to find a number of third-party tools that will help users to create custom spreadsheets using the SWOT formula.

Utilize the Tools:

By utilizing the tools available to users of swot analysis templates, it becomes much easier to formulate and implement strategic planning. The process of strategic planning is vital for the successful management of organizations. It is imperative that the plans are developed to incorporate an assessment of the strengths, weaknesses, opportunities, and threats posed by a particular industry or situation. Therefore, this assessment is crucial in providing the necessary direction for organizations.

Add Data:

There are also third-party tools that allow users to enter the data that is needed from the various SWOT analysis templates into the application itself. These tools will then generate the necessary reports for the end-user. However, SWOT diagram templates can be edited in a number of different applications. The most popular application is Microsoft Excel.

16 Free SWOT Analysis Templates:

This is a simple SWOT analysis template. Meanwhile, you can use this template to track the four aspects of a business. It includes the strengths, weaknesses, opportunities, and threats. This template contains four blocks and a combination of two colors. However, you just need to enter the required data into all the fields.

 

Swot-Analysis-Template-01

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It is a descriptive SWOT analysis. In short, this template defines the strengths, weaknesses, and opportunities. It allows you to a deep track of every aspect. This template defines everything in a sequence for a good understanding. It is very easy to download this template from here.

Swot-Analysis-Template-02

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This is another SWOT analysis template. Meanwhile, you can use this template to know your own strengths and weaknesses. It also defines the opportunities for you. This template identifies threats available in the market. It contains four rows for a better understanding. You can modify this template according to your wish.

 

Swot-Analysis-Template-03

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It is another SWOT analysis template. In short, this template defines the factors that are good and not good for your business.

 

Swot-Analysis-Template-04

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Source By: Smartsheet.com

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