Management and Organizational Studies 4410A/B Chapter Notes - Chapter 6: Swot Analysis, Ken Wilber, Horizontal Integration

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 4410A/B
• Professor: Maria Ferraro

Document Summary

Stage 1 of the formulation framework consists of the efe matrix, ife matrix, and the competitive profile matrix (cpm) Called the input stage summarizes the basic input information needed to formulate strategies. Stage 2 (matching stage) focuses upon generating feasible alternative strategies by aligning key external and internal factors. Swot matrix, strategic position and action evaluation (space) matrix, boston consulting group (bcg) matrix, internal-external (ie) matrix and grand strategy matrix. Stage 3 (decision stage) is the quantitative strategic planning matrix (qspm) Uses input information from stage 1 to objectively evaluate feasible alternative strategies identified in stage 2. Reveals the relative attractiveness of alternative strategies and this provides objective basis for selecting specific strategies. Information derived from efe matrix, ife matrix, and cpm provides basic input information for matching and decision stage matrices. Input tools requires strategies to quantify subjectivity during early stages of the strategy- formulation process. Consists of 5 techniques that can be used in sequence.