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Strategic Management
• QSPM (The Decision Stage)
• IFE, EFE and CPM (The Input Stage)
• SWOT, SPACE, BCG, IE and Grand Strategy
Matrix (The Matching Stage)
• QSPM (The Decision Stage)
The Quantitative Strategic Planning
Matrix (QSPM)
• Quantitative Strategic Planning Matrix
(QSPM)
– objectively indicates which alternative strategies
are best
– uses input from Stage 1 analyses and matching
results from Stage 2 analyses to decide objectively
among alternative strategies
6-3
The Quantitative Strategic Planning
Matrix (QSPM)
6-4
Steps in a QSPM
1. Make a list of the firm’s key external
opportunities/threats and internal
strengths/weaknesses in the left column of the
QSPM.
2. Assign weights to each key external and internal
factor.
3. Examine the Stage 2 (matching) matrices, and
identify alternative strategies that the organization
should consider implementing.
6-5
Steps in a QSPM (cont.)
4. Determine the Attractiveness Scores (AS)
ranging from 1 to 4. 1= not attractive,
2=somewhat attractive, 3= reasonably
attractive and 4= highly attractive.
5. Compute the Total Attractiveness Scores.
6. Compute the Sum Total Attractiveness Score.
6-6
A QSPM for a Retail
Computer Store
6-7
A QSPM for a Retail
Computer Store
6-8

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Strategic Management Details Introduction.pptx

  • 1. Strategic Management • QSPM (The Decision Stage)
  • 2. • IFE, EFE and CPM (The Input Stage) • SWOT, SPACE, BCG, IE and Grand Strategy Matrix (The Matching Stage) • QSPM (The Decision Stage)
  • 3. The Quantitative Strategic Planning Matrix (QSPM) • Quantitative Strategic Planning Matrix (QSPM) – objectively indicates which alternative strategies are best – uses input from Stage 1 analyses and matching results from Stage 2 analyses to decide objectively among alternative strategies 6-3
  • 4. The Quantitative Strategic Planning Matrix (QSPM) 6-4
  • 5. Steps in a QSPM 1. Make a list of the firm’s key external opportunities/threats and internal strengths/weaknesses in the left column of the QSPM. 2. Assign weights to each key external and internal factor. 3. Examine the Stage 2 (matching) matrices, and identify alternative strategies that the organization should consider implementing. 6-5
  • 6. Steps in a QSPM (cont.) 4. Determine the Attractiveness Scores (AS) ranging from 1 to 4. 1= not attractive, 2=somewhat attractive, 3= reasonably attractive and 4= highly attractive. 5. Compute the Total Attractiveness Scores. 6. Compute the Sum Total Attractiveness Score. 6-6
  • 7. A QSPM for a Retail Computer Store 6-7
  • 8. A QSPM for a Retail Computer Store 6-8