When it comes to building a strategic vision, a SWOT analysis is a crucial first step. It’s an important step for businesses and organizations to gain insights into their internal and external core strengths, weaknesses, opportunities, and threats. Use SWOT analysis examples from Canva Whiteboards and assess the competitiveness of your brand or business with our easy-to-use features and tools.
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A SWOT analysis is a strategic planning technique, developed by Albert Humphrey, to assess your brand or business objectively and develop competitive strategies. It’s a 2x2 grid that looks into internal and external factors that could be your strengths, weaknesses, opportunities, and threats. It’s ideally done before a new strategy so teams can evaluate how they fare in aspects such as people, resources, systems, and procedures.
The market is always changing. As a brand or business, you’re expected to continuously adapt and develop strategies that make you competitive. Creating a SWOT analysis(opens in a new tab or window) can be one of your first steps to having a viable and successful company.
Doing a SWOT analysis uncovers challenges, risks, and negative assumptions that can be affecting your business’ performance. What you want to come out of your SWOT analysis are fresh insights and strategies to bank on your strengths, turn around weaknesses, take advantage of opportunities, and ward off potential threats.
A great strategy doesn’t come overnight. It takes a lot of factors and pieces to consider to get the right insights. Analyze the strengths, weaknesses, opportunities, and threats that you have as a brand or business. Plus, create an impactful design that brings more clarity. Choose a SWOT analysis template from our collection and customize it with tools and features from Canva Whiteboards.
Make your SWOT analysis diagram always presentation-ready. Align with the company’s look and feel by using brand colors and fonts throughout your SWOT matrix. Instead of purely using lines and text, make an impact with striking images, illustrations, and icons. Upload your own, use one from our library, or visualize a new image with a prompt using Text to Image(opens in a new tab or window).
In order to create a truly detailed SWOT analysis that takes all aspects of an organization or business into consideration, it’s best to get input from various teams or departments within your company. Call the marketing team and more. Invite them to your SWOT chart design and collaborate. Run a workshop on Canva Whiteboards, complete with a timer and sticky notes.
Make space for more insights and fresh takes on your company. Expand to an infinite canvas and get all those brainstorming ideas coming. You can also work seamlessly across any device, so you can start from your desktop and carry on using your mobile. When you’re ready to present your findings, you can switch to a presenter’s view, share it online via a link, or add it to your Canva Docs.
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