How to Make IT/Software SWOT Analysis Document in Google Docs?

In the 1960s, Albert Humphrey invented the SWOT analysis at the Stanford Research Institute. This diagram analyzes the strengths, weaknesses, opportunities, and threats of a certain business or institution. It comes in various kinds, such as analysis worksheets, personal SWOTs, SWOT matrix, PowerPoints, and more. If you plan on creating a SWOT analysis for your IT/software company, we have a few tips below that you can follow.

1. Analyze the Situation

Get all the IT/software reports from different departments of your company. Analyze them and see where your business stands in the market. Go over each document and determine the aspects of the company that needs improvement or those parts that should remain as it is.

2. Define the Objective

After studying the current situation, you have to state your objectives. Be realistic and just aim for goals that are achievable for you and your team. If you don't have a clear objective for your company yet, perhaps a strategic software flowchart can help with that.

3. Fill the Categories

Now that you have your objective ready, it's time to fill in each part of the SWOT analysis. Make sure that each factor that you have come up with fits in the right category. Create a file in Google Docs and start filling the data you have gathered in four different tables. Each table should contain data on specific SWOT aspects.

4. Come Up with Plans and Conclusions

With every factor you have come across, think of a solid conclusion to finish your analysis document. This can support your plans on addressing the problems of your company, as well as pushing it to bring more benefits. Our software planner templates can help you plan your next move.

General FAQs

  • What are the internal factors of a business in a SWOT analysis?

  • What are the external factors of a business in a SWOT analysis?

  • Does only one factor in the SWOT analysis affect your business?

  • Where do you get the information needed to begin the SWOT analysis?

  • What are the common strengths, weaknesses, opportunities, and threats in a business?

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