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SOAR Template

Get a customized report with this SOAR template in 3 steps: fill in the fields, choose your favorite SOAR model template, and download the result!

Table of Contents
(clickable)
  1. ⚙️ How Does It Work?
  2. ❓ FAQ
  3. ⚡ Pros & Cons
  4. 🔢 SOAR Tips
  5. 👀 SOAR Samples
  6. 🔗 References

⚙️ SOAR Template: How Does It Work?

If you are assigned to prepare a marketing plan presentation or complete a business project, you will probably have to display the key features. A good illustration can add quite a lot of points to your score. So, convey what you have to say in an engaging manner with our SOAR template!

All you have to do is:

  • List all the strengths of your company/plan/proposal/etc.
  • Communicate the opportunities it has or will obtain.
  • Discuss its aspirations and goals for the near future.
  • Offer possible results and their role in the plan.

Then, you can choose the best color and design option for your SOAR model, preview it, and download the one you liked!

❓ SOAR Model Template: FAQ

📌 What does SOAR mean?
According to Collin's dictionary, the verb "to soar" refers to rising very quickly to a high level. Yet, when we talk about strategic planning, it's a completely different beast. SOAR is a technique that emphasizes an organization's existing strengths and future vision to generate tactical goals.
📌 What does SOAR stand for in business?
There are different ways to decode an abbreviation, but when it comes to business, it stands for Strengths, Opportunities, Aspirations, and Results. It is a framework that can be used when setting goals and making plans. You can also use SOAR to identify opportunities that are available to you and figure out how they fit into your overall strategy.
📌 What is a SOAR tool?
A SOAR strategic tool is an automatic instrument that helps you plan out and organize your objectives, actions, and desirable results. It can help you figure out what you want to achieve, how to get there, and how you'll know whether or not you have reached your goal.
📌 Why is this SOAR template free?
This SOAR template is a visualization tool that simply allows you to create a good-looking matrix in no time. However, it won’t do everything you need for your project. As a student using it, you still have to identify the strengths, opportunities, aspirations, and results by yourself. Therefore, we believe it should be free for you to use.

⚡ Pros & Cons of SOAR Template

Naturally, each business tool has its advantages and disadvantages. Though many prefer a SWOT analysis for strategies and companies' examination, a SOAR model template can greatly benefit you if you understand its limitations. So, let's talk about its pros and cons.

✔️ Pros ❌ Cons
SOAR is easy to memorize when compared with other frameworks. The model can be hard for people unfamiliar with business jargon.
It's simple to use, even if you don't have much experience with management and leadership. It's more of a broad overview than a complete step-by-step process.
A SOAR model allows you to identify the resources a business will need to achieve its goals. SOAR doesn't take into account crucial factors like culture and world events.
It helps you anticipate potential barriers, evaluate upcoming challenges, and succeed. If you are too focused on implementing a specific solution, it can be difficult to see potential pitfalls.

🔢 Excelling at SOAR: Template Tips

As we've mentioned, our SOAR template won't determine the given organization's qualities. It's up to you! Below, see how you can analyze a company before creating a 2x2 matrix diagram on this page. For more tips, see business essay examples.

SOAR template and questions to ask.

Strengths

Strengths are the areas in which a business excels. For example, it could be how attentive the given company is to its products’ quality. Or it may be the way it connects with its consumers. Whatever they are, strengths are current internal qualities that make a business more effective at what it does.

Questions to ask:

  • What are the business’ strengths?
  • How can they be used to reach the organization’s goals?
  • What are the company’s greatest achievements?

Opportunities

Opportunities are the things that the company can benefit from soon or in the near future. They could be new products or services that haven't been released yet but could be soon. Or maybe there's a possibility to expand into another market or demographic. Opportunities are existing external factors that can help a business grow.

Questions to ask:

  • What opportunities are available?
  • How can an organization take advantage of them?
  • Does the company need additional resources to use these?

Aspirations

Aspirations are goals that a company sets for itself. They're not necessarily related to growth or profits. A business might also have aspirations for how they want their customers to feel about their products and services. These are future internal objectives that the given company wants to achieve.

Questions to ask:

  • What does this organization want to become?
  • What does the company care about?
  • What strategy should they follow to achieve that?

Results

Results are what happens when all of the above factors come together. They’re measured in different ways depending on the industry, manufacturer, goal, etc. These are considered eventual external outcomes that the company will receive.

Questions to ask:

  • What results do these factors produce?
  • How can they help a business achieve its goals?
  • When will it know that it has achieved these goals?

👀 SOAR Template Samples

Once you have your SOAR table visualized, you need to examine it and draw appropriate conclusions. If you’re unsure how you can do so, we recommend you read these free samples:

International Business Manager Skills Development Self Evaluation See how SOAR can help one evaluate themselves and work on their issues.
Personal Strengths, Opportunities, Aspirations, Results Essay The author of this essay uses SOAR to analyze their academic potential.
SOAR Personality Diversity Analysis and Results The paper analyzes an individual's personal traits using the SOAR framework.

Thank you for reading the article! Remember that our SOAR template is always here for you or any other student.

Need more options for business analysis? Check other instruments we have! Try our SWOT template, VRIO model, PESTLE analysis maker, and Porter’s 5 Forces tool.

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🔗 References