CLC - Space Matrix, Grand Matrix, and Quantitative Strategic Planning Matrix GO TO GROUP Start Dat ...
CLC - Space Matrix, Grand Matrix, and Quantitative Strategic Planning Matrix GO TO GROUP Start Date Aug 22, 2024, 12:00 AM Due Date Aug 28, 2024, 11:59 PM Points 40 Rubric View Rubric Status Upcoming Assessment Traits Group Requires Lopeswrite Assessment Description This is a Collaborative Learning Community (CLC) assignment. Throughout this course, you will work in a CLC group on a strategic case analysis project. This project consists of different parts you will complete each week that build on each other. Go to the Strategy Club website and review the "Sample Strategic Plan for Colgate-Palmolive" (2019) under the student resources section. This sample strategic plan is an example of what your completed strategic case analysis should look like at the end of the course. To complete the assignment deliverable, you will be following the directions and steps listed below. These steps are provided to assist you in delivering appropriately complete work. Note: Be sure that the matrices are completed by the 5th day of the topic, so that you have time to complete your individual analysis of the matrices. Complete the following three parts with your CLC group: Part I: SPACE Matrix Construct a strategic position and action evaluation (SPACE) matrix by doing the following. Step 1: Review your company’s business, its most recent Form 10K and quarterly report, and review industry and competitive information pertaining to your company to assist you. Step 2: Follow guidelines provided in Chapter 6 of Strategic Management: A Competitive Advantage Approach, Concepts, and Cases to learn how to create a SPACE matrix. Step 3: Use your Strategic-Planning Template to develop a SPACE matrix for your company. Step 4: In 150-200 words, explain what strategies you recommend, given your SPACE analysis. Avoid generic, vague terms such as market development. Part II: Grand Strategy Matrix Construct a Grand Strategy matrix by doing the following: Step 1: Use the data you have previously compiled about your company throughout the course to assist you. Follow guidelines provided in Chapter 6 of Strategic Management: A Competitive Advantage Approach, Concepts, and Cases to learn how to create a Grand Strategy matrix. Specifically refer to Figure 6-13. Step 2: Use your Strategic-Planning Template to develop a Grand Strategy matrix for your company. Step 3: When developing the Grand Strategy matrix be sure to rank the X axis from 1 (extremely weak competitive position) to 9 (extremely strong competitive position). Rank the Y axis from 1 (extremely slow market growth) to 9 (extremely rapid market growth). Part III: Quantitative Strategic Planning Matrix (QSPM) Construct a Quantitative Strategic Planning Matrix by doing the following: Step 1: Use the data you have previously compiled about your company throughout the course to assist you. Follow guidelines provided in Chapter 6 of Strategic Management: A Competitive Advantage Approach, Concepts, and Cases to learn how to create a Quantitative Strategic Planning Matrix (QSPM). Specifically refer to Tables 6-4 and 6-5. Step 2: Use your Strategic-Planning Template to develop a Quantitative Strategic Planning Matrix for your company. Deliverables Part I: Submit the SPACE matrix. Part II: Brief explanation (150-200 words), explaining what strategies you recommend, given your SPACE analysis. Part II: Submit the Grand Strategy matrix. Part III: Submit the QSPM. Additional information for the Deliverable(s) Submit the Strategic Planning Template with the completed matrices to the digital classroom. Submit the Strategic Planning Template with the completed matrices to the digital classroom. All analysis in the paper should be substantiated with a minimum of five relevant and credible sources in support of your content. Credible sources need to be relevant to the assessment and can include GCU Library databases, corporate websites and peer-reviewed sources, or those provided in the topic Resources. While APA style is not required for the body of this assignment, solid academic writing is expected, and in-text citations and references should be presented using APA documentation guidelines, which can be found in the APA Style Guide, located in the Student Success Center. This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion. You are required to submit this assignment to LopesWrite. A link to the LopesWrite technical support articles is located in Class Resources if you need assistance.
