Get The Quantitative Strategic Planning Matrix (qspm) Applied To A Retail Computer Store Meredith E

This guide provides a step-by-step approach to successfully fill out the Quantitative Strategic Planning Matrix (QSPM) for a retail computer store. Designed to streamline strategic planning, the QSPM enables users to analyze key factors influencing their business decisions.

Follow the steps to effectively complete the QSPM form.

1. Press the ‘Get Form’ button to access the QSPM document and open it for editing.
2. Begin by familiarizing yourself with the structure of the QSPM. The first section requires you to input external factors, which should be derived from the External Factor Evaluation Matrix (EFEM). Each factor should have a weight assigned to it based on its importance.
3. Next, input the internal factors in the subsequent section, referencing the Internal Factor Evaluation Matrix (IFEM). As with external factors, each internal factor should also have a weight that reflects its significance.
4. For each key factor, assess strategies from the SWOT Matrix. Assign an Attractiveness Score (AS) for each strategy listed alongside the factors. The scores can range from 1 (least attractive) to 4 (most attractive). Ensure to rationalize your scoring based on the strategy’s impact.
5. Once all factors and scores are entered, calculate the Total Attractiveness Score (TAS) for each strategy. This score will help determine which strategy is more favorable based on the given factors.
6. Review the overall results and ensure that no row has the same AS score for both strategies. Adjust any factors if necessary for clarity and accuracy.
7. Finally, save the completed QSPM document. You can choose to download, print, or share it as needed for further review and strategic planning.

Begin completing your QSPM online today to optimize your strategic planning process.