SCOR Analysis

What is SCOR Analysis?

SCOR Analysis is a strategic planning tool used to evaluate your business or project by identifying internal and external factors. It helps you understand your current situation, potential hurdles, and future prospects. This makes it ideal for decision-making and creating actionable plans.

When to Use SCOR Analysis:

• Starting a new project

• Launching a new product or service

• Entering a new market

• Evaluating existing strategies

• Making informed decisions in uncertain situations

Template Sections:

The Miro template provides a structured framework with four quadrants:

• Strengths: Identify internal positive factors that give you a competitive advantage. These are resources, capabilities, or assets that you can leverage.

  • Examples: Strong brand reputation, skilled workforce, efficient processes.

• Challenges: Pinpoint internal negative factors hindering your progress. These are weaknesses or limitations you need to overcome.

  • Examples: Lack of funding, outdated technology, insufficient marketing.

• Opportunities: Identify external positive factors you can exploit. These are favorable situations or trends in the market.

  • Examples: Emerging markets, changing customer needs, technological advancements.

• Risks: Identify external negative factors that could pose threats. These are potential problems or challenges outside your control.

  • Examples: Economic downturn, increased competition, regulatory changes.

Actions:

The template also includes an "Actions" section to capture next steps and assign responsibilities based on your SCOR analysis. This helps translate your insights into concrete plans.

Key Benefits:

• Provides a holistic view of your situation.

• Facilitates strategic thinking and planning.

• Encourages collaboration and idea sharing.

• Helps prioritize actions and allocate resources effectively.

• Enables proactive risk management.