SWOT and SOAR are strategic tools used for better decision-making.
• SWOT focuses on analyzing Strengths, Weaknesses, Opportunities, and Threats. It is used to assess the current situation and identify challenges.
• SOAR emphasizes Strengths, Opportunities, Aspirations, and Results. It is used to create a positive vision and plan for growth.
In short, SWOT addresses problems and identifies risks, while SOAR fosters creativity and focuses on developing growth and excellence strategies.
At WEALTH VENTURES, we help you create and discuss investment plans. Don’t hesitate to contact us.
