How to conduct a SOAR analysis?

To get the best possible outcome of the SOAR analysis, participants with a
wide range of perspectives must be chosen. The group should consist of
people from a different level within the organization. Other stakeholders like
suppliers, clients, and partners can also be included in this group. SOAR
analysis can be implemented in the following ways for the strategic planning
of an organization. They are:
 Objectives: One sentence and a clear objective should be set before
the beginning of the analysis
 Brainstorm: Different ideas and inputs need to be collected.
 Collate: Next clarification of the collected content, the grouping of
similar ideas and duplicate ideas should be deleted.
 Prioritize: Issues should be voted and arranged according to the
priorities to calculate the impact of the ideas on the organization.
 Action Plan: An action plan should be created for assigning the
required responsibilities for a single issue to an individual or a group.
 Share: The relevant information, outcomes, and the action plans should
be shared within the organization and the stakeholders.