Walt Disney Strategic Position and Action Evaluation (space) Matrix

walt disney

Step 1 Identify the firm's existing vision, mission, objectives, and strategies.

Step 2 Develop vision and mission statements for the organization.

Step 3 Identify the organization's external opportunities and threats.

Step 4 Construct a Competitive Profile Matrix (CPM).

Step 5 Construct an External Factor Evaluation (EFE) Matrix.

Step 6 Identify the organization's internal strengths and weaknesses.

Step 7 Construct an Internal Factor Evaluation (IFE) Matrix.

Step 8 Prepare a Threats-Opportunities-Weaknesses-Strengths (TOWS)

Matrix, Strategic Position and Action Evaluation (SPACE) Matrix

Boston Consulting Group (BCG) Internal-External (IE) Matrix, Grand

Strategy Matrix, and Quantitative Strategic Planning Matrix (QSPM) as

appropriate. Give advantages and disadvantages of alternative strategies.

Step 9 Recommend specific strategies and long-term objectives. Show how

much your recommendations will cost. Itemize these costs clearly for

each projected year. Compare your recommendations to actual strategies planned by the company.

Step 10 Specify how your recommendations can be implemented and what

results you can expect. Prepare forecasted ratios and pro forma financial

statements. Present a timetable or agenda for action.

Step 11 Recommend specific annual objectives and policies.

Step 12 Recommend procedures for strategy review and evaluation.

Step 1 Identify the firm's existing vision, mission, objectives, and strategies.

Step 2 Develop vision and mission statements for the organization.

Step 3 Identify the organization's external opportunities and threats.

Step 4 Construct a Competitive Profile Matrix (CPM).

Step 5 Construct an External Factor Evaluation (EFE) Matrix.

Step 6 Identify the organization's internal strengths and weaknesses.

Step 7 Construct an Internal Factor Evaluation (IFE) Matrix.

Step 8 Prepare a Threats-Opportunities-Weaknesses-Strengths