Reference no: EM132205625
Describe the three-stage framework for strategy analysis and selection. Apply strategic formulation tools to a business scenario.
This writing assignment requires you to apply the three-stage framework and the strategic formulation tools to analyze and select a strategy for your selected organization.
Step 1: Complete two of the five tools for the Matching-Stage formulation by gathering the appropriate information about the organization that you selected for your project. Review the input needed for the SWOT Matrix, the SPACE Matrix, the BCG Matrix, the IE Matrix, and the Grand Strategy Matrix.
Gather relevant information and complete the best two tools for your selected organization.
Step 2: Review the information needed for the Decision Stage tool, and complete the QSPM for your selected organization. Leverage any previous information. (For strategy application to small businesses, nonprofit or government organizations.
Step 3: Include: Your completed matrices from the Matching-Stage. Your conclusions on the strategies that would best match the organization’s current situation, based on those matrices. Your completed QSPM from the Decision Stage. Don’t worry if your data is incomplete. Use all relevant public information available to you and then state your assumptions and limitations. Your decision and strategic recommendations based on the completed matrices.