compare and select strategies. It is NOT THE SAME to SWOT analysis There is a trade – off between internal and external factors. The four TOWS strategies are Strength/Opportunity (SO), Weakness/Opportunity (WO), Strength/Threat (ST) and Weakness/Threat (WT). INTERNAL EXTERNAL MATRIX
It is another strategic management tool
used to analyze working conditions and strategic position of a business. It is based on an analysis of internal and external business factors which are combined in one suggestive model. GROW AND BUILD I,II,IV Intensive (Market Penetration, Market Development, Product Development), Integrative (Backward, Horizontal, Forward) HOLD AND MAINTAIN III, V, VII Market Penetration, Product Development
HARVEST OR DIVEST VI, VIII, IX Divestiture,
Retrenchment GRAND STRATEGY MATRIX
It is the instrument for creating
alternative and different strategies for the organization. All companies and divisions can be positioned in one of the Grand Strategy Matrix’s four strategy quadrants. GRAND STRATEGY MATRIX
It is based on two dimensions :
competitive position and market growth. QUANTITATIVE STRATEGIC PLANNING MATRIX
It is a high level strategic management
approach for evaluating possible strategies. It provides analytical method for comparing feasible alternative actions. It falls within the so-called stage 3 of the strategy formulation analytical framework.