Analysis Templates are simple formats using which complex problems are broken down into simpler ones for better understanding. These broken down aspects are then analyzed thoroughly to arrive at practically feasible solutions. Analysis Templates help understand the complexities in an in-depth manner focusing on every aspect of the issue meticulously.
Many types of assessments can be done using the Analysis templates which may be personal or official. Analysis templates are of different kinds and are used mostly for business purposes. Some frequently used Analysis Templates are SWOT Analysis Template, Stake Holder Analysis template, Market Analysis Template, Root Cause Analysis Template and Gap Analysis Template.
Template Analysis, in general terms, means analyzing a given template which may contain data in text form. The source of the text in a given template may be obtained through various methods. The text in the template will be analyzed for ascertaining the gaps or root causes in an existing system. Such analysis can be done on a periodical basis whose periodicity may be set by the users to suit their requirement.
The main advantage Template Analysis offers is the lack of rigidity it exercises on a specific format which allows complete flexibility to the users to create their own ones with a pragmatic approach
Some key differences exist between Template Analysis and Thematic Analysis are enlisted below
While the method of analyzing a given textual data after arranging the same in an analyzable manner is termed as Template Analysis, recording patterns after examining the theme within a given set of data is termed as Thematic Analysis.
While Thematic Analysis is dependent on the data in the Analysis Template, Template Analysis does not require any basic data to get initiated the text in the Template Analysis can be obtained through various data collection methods. However, Thematic Analysis does not require a separate data collection process
While Template Analysis enables assessing issues splitting down the same into simpler points, Thematic Analysis just assesses issues looking for themes present in the data presented through the Template Analysis
Article on Analysis Essay basically means evaluating the arguments or ideas that are communicated through an article. Writing an Article on Analysis Essay has its own rules. It usually comprises of an introductory paragraph which leads to the analysis of the main argument presented. The analysis is generally carried out in a minimum of three paragraphs followed by a conclusion which summarizes the overall essay.
Every essay analysis must have a clearly stated objective which sets the expectation of the user right in terms of what to expect at the end of the analysis. Analyzing an article involves a great amount of research.
SWOT Analysis stands for analyzing the strengths, weakness, opportunities and threats of an individual or a business entity as a whole. By capturing the strengths, weakness, opportunities and threats of an entity, this analysis helps understand the probable opportunities available to be tapped at any point in time.Through the weaknesses captured, SWOT Analyses highlights the possible threats that need to be faced.
For example, if the major portion of the revenue of a retailer comes from a particular product line, a SWOT analysis on the retailer would highlight market monopoly as his strength. At the same time, the threat highlighted would be, chances for huge business loss for the retailer if competition strategically takes over the complete product line all of a sudden.
The right way to perform a gap analysis is to capture the requirements and compare the same with the actual deliveries. Gap Analysis Template aims to capture the gap between the real potential of individuals or a system as a whole viz-a-viz the actual productivity. It helps to arrive at realistic logical solutions to plug in the existent gap in systems and processes so that productivity leakage can be contained at the right time in the right areas.
Whenever a business is on track or we taste success, it is only natural to feel lethargic or casual about performing analysis of various types. Business is an ongoing process that is highly dependent on external factors more than the internal ones. Most of the times, external factors are not under our control and get influenced even by a minuscule happening in an obscure corner of the globe.
This may create a contingency business situation forcing threats on the very existence of the business. Performing different types of analysis in a periodical manner helps businesses to manage any type of crisis that arises from various unexpected quarters. Analysis carried out in a genuine manner provides honest outputs that are highly invaluable for organizations. They help not only to survive unanticipated threats but also to overgrow competition in the marketplace. This makes analysis a highly important aspect which helps in the successful sustenance of business at all points of time
Analysis Templates are available in the form of software nowadays. Many applications have been created to enable usage of analysis templates as and when required by the users. These are preloaded formats that are fully customizable by users to suit their needs and preferences. When such applications are installed, they allow the users to create their own analysis formats which automatically get saved in the system for future reference.
People who want to use the Analysis template in the traditional manner can do so with the help of Excel which allows them to create their own formats to capture the desired outputs. Caution need to be exercised when this is done manually since referring or comparing the earlier analysis to the current one may become a tedious process. Performing analysis with the help of customized software applications makes referencing and comparing easier year over year.