SWOT assesses the strategic landscape by looking at internal (strengths and weaknesses) and external factors related to the market (opportunities and threats). SOAR sets strategic goals primarily by looking at strengths and opportunities, neglecting potential threats. Both tools can complementarily have a more complete internal and external understanding of competition to set strategic goals.




Read Next: SWOT, SOAR, Balanced Scorecard, OKR, Agile Methodology, Value Proposition, VTDF Framework.
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