Enhanced SWOT Analysis Spreadsheet
Originally published: 01/12/2021 08:54
Publication number: ELQ-96478-1
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Enhanced SWOT Analysis Spreadsheet

This spreadsheet is more than just “enter 5 forces to create a SWOT analysis. Our approach consists of 4 stages in which you get to know your business anew

Description
====Enhanced SWOT Analysis to guide you through====
We have prepared a worksheet for you consisting of 4 short steps that will guide you to create the perfect SWOT analysis.

==Step 1 Input with “Impact Rate”==
Most SWOT analysis templates end at this step. All you have to do is to provide a list of your strengths, weaknesses, opportunities, and threats. Then, assign an Impact Rate to them and try to determine the impact rate for your competitor. For instance, you can identify your strength as an “Innovative Product”. Since it’s probably the most important strength, so you set “Impact Rate” as 9. However, your competitor cannot boast of this, so you rate this strength for him only at 5.

==Step 2 Comparision==
This is the moment for an in-depth analysis of your strengths, weaknesses, opportunities, and threats. Therefore, this sheet will help you to correct what you entered in step 1 and will also help you bring out new insights

==Step 3 Strategy==
The purpose of this sheet is to help you to create an action plan.

-> Strategies to Build Strengths

Review your Weaknesses as well as your Top Opportunities and Threats. Then make an action plan for these 2 strategies that will turn your Weaknesses into Strengths

-> Attacking and Defensive Strategies

Review your Strengths as well as your Top Opportunities and Threats. Then make an action plan for these 2 strategies to maximize Opportunities and minimize Threats

==Step 4 Summary==
Summary consolidates all sheets into one place. In conclusion, get your SWOT analysis at a glance, your insights, and an action plan to implement one or more strategies. Ready to print template.

Compatible
Excel 2013, 2016, 2019, 365
Format: xlsx

This Best Practice includes
2 Excel files (clean + sample data)

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