Figure 1 strategic planning at cbak according to professor fred r. Analysis of internal factor evaluation matrix ife, external. This page is about the meanings of the acronymabbreviationshorthand qspm in the business field in general and in the general business terminology in particular. Qspm matrix quantitative strategic planning matrix. At all the levels like corporate, business, functional etc, qspm is. Corporate level strategy mcdonalds grand strategy matrix and qspm 40. Read online the quantitative strategic planning matrix qspm applied. Strategic management in urban environment using swot and. An improvement of quantitative strategic planning matrix. The data is collected and a matrix is developed by using quantitative method for strategic planning. The quantitative strategic planning matrix qspm applied. This area contains the aggressive strategies in according to four types of strategies recommended for each which company tries to. Quantitative strategic planning matrix strategic management. Analisis strategi pemasaran menggunakan matriks swot dan qspm.
Weaknesses, opportunities and threats analysis and qspm quantitative strategic planning matrix were used for. Originally introduced in a 1986 long range planning article, the quantitative strategic planning matrix qspm has become widely used in strategic management but is only rarely used in marketing strategy. J quantitative strategic planning matrix qspm the quantitative strategic planning matrix is a tool that allows strategists to evaluate alternative strategies objectively, based on previously identified external and internal critical success factors. Which analytical tool determines the relative attractiveness of various strategies based on the extent to which key. The left column of a qspm consists of key external and internal factors, and the top row consists of feasible alternative strategies. A the qspm technique determines which of the selected strategic options is feasible, and it actually prioritizes these strategies. Results identified 8 weaknesses, 8 strengths, 7 opportunities and 7 threats for general office of sports and youth regarding championship sport. Quantitative strategic planning matrix qspm and strengths, weaknesses, opportunities and threats swot to determine necessary guidelines for development of tourism in the city of galugah, iran.
The quantitative strategic planning matrix qspm is a useful tool to prioritize strategies at any level including corporate, business and functional. Quantitative strategic planning of general office of sports and youth in regard to championship sport using qspm in kermanshah. This is used to determine or rank the best alternative strategies for the business. Strategic management is not a box of tricks or a bundle of techniques. Quantitative strategic planning matrix qspm what is a quantitative strategic planning matrix or a qspm. David three stage strategy formulation framework, this study integrates ahp in the input stage to. By using swot matrix and quantitative strategic planning matrix qspm, strategies alternative obtained were maintain the image of the company, the restaurant facility, sustaining services and products quality to attract customers, improve management capabilities and cooperation for companys goal achievement, providing delivery order service. Quantitative strategic planning matrix pdf this article presents the quantitative strategic planning matrix qspm, an analytical tool used in formulating strategies. Pdf selecting alternative strategy using quantitative.
Paper open access analysis of ife, efe and qspm matrix. This research used internal eksternal ie matrix, strenght, weakness, opportunity, threat swot matrix and quantitative strategic planning matrix qspm. Aug 10, 2012 introduction quantitative strategic planning matrix qspm is a highlevel strategic management approach for evaluating possible strategies qspm provides an analytical method for comparing feasible alternative actions the qspm method falls within socalled stage 3 of the strategy formulation analytical framework. Evaluation matrix for internal and external factors was equal to 1. This article introduces a new strategy formulation analytical tool called the quantitative strategic planning matrix.
First introduced in a long range planning 3, the qspm has become. Oct 24, 2009 the quantitative strategic planning matrix is a strategic tool which is used to evaluate alternative set of strategies. Quantitative strategic planning of general office of sports. Qspm provides a framework which helps in prioritizing strategies. Quantitative strategic planning matrix qspm has become widely used in strategic management but is only rarely used in marketing strategy. Introduction quantitative strategic planning matrix qspm is a highlevel strategic management approach for evaluating possible strategies qspm provides an analytical method for comparing feasible alternative actions the qspm method falls within socalled stage 3 of the strategy formulation analytical framework. The study first uses swot to categorize different factors and then qspm is.
For this purpose, the quantitative strategic planning matrix qspm is used david, 1986. Quantitative strategic planning matrix qspm with regarding to the bass, add weighted scores for weaknesses and strengths. Qspm matrix quantitative strategic planning matrix qspm is a highlevel strategic management approach for evaluating possible strategies. The ratings and attractive scores used in qspm, however, require judgmental decisions and should be based on experts opinion to ensure the applicability of chosen strategies. The ultimate goal of the qspm method is to pick the right strategy to move forward with based on the information available at hand. When that is the case, the quantitative strategic planning matrix or qspm is a helpful tool. Analisis strategi pemasaran menggunakan matriks swot dan.
Evaluate alternative strategies based on external and internal strategic factors that have identified previously. The study first uses swot to categorize different factors and then qspm is applied to prioritize various factors. However, the qspm has not been widely adopted by strategic planning consultants and organizations. Download as docx, pdf, txt or read online from scribd.
Qspm introduction quality of environment has been considered as one of the important dimensions of ideal urban planning. Initially developed for strategic planning, the qspm. David this article introduces a new strategy formulation analytical tool called the quantitative strategic planning matrix qspm. Indicators are derived from the previous internal and external factors. Describe the positive features and limitations of the quantitative strategic planning matrix qspm. The qspm incorporate earlier stage details in an organize way to calculate the score of multiple strategies in order to find the best match strategy for the organization. The reliability of the model was verified by cronbachs alpha coefficient. Strategic planning matrix qspm, the identified strategies were evaluated and judged as objectively without. Quantitative strategic planning matrix qspm is a highlevel strategic management approach for evaluating possible strategies. The strategic planning matrix a quantitative approach fred r. Then, qspm was used as it provides a transparent framework for prioritization process 9. Ultimately, quantitative strategic planning matrix qspm was performed based on the results and analysis.
Based on space matrix, appropriate group strategies were identified for corrugated firms. Quantitative strategic planning matrix qspm is a highlevel strategic. Quantitative strategic planning matrix 8jlkoqwoy745. Quantitative strategic planning matrix qspm mba tutorials. Pdf this article presents the quantitative strategic planning matrix qspm, an analytical tool used in formulating strategies. Quantitative strategic planning matrix or a qspm provides an analytical method for comparing feasible alternative actions.
Using qspm for comparing feasible alternative actions. E strategic position and action evaluation matrix b quantitative strategic planning matrix the top row of a qspm consists of alternative strategies derived from all of the following except. Aug 10, 2017 introduction quantitative strategic planning matrix qspm is a highlevel strategic management approach for evaluating possible strategies qspm provides an analytical method for comparing feasible alternative actions the qspm method falls within socalled stage 3 of the strategy formulation analytical framework 3. Strategy is defined as determination of fundamental and longterm objectives and causes of a company as well as adoption of a.
This paper reveals how and why the qspm should be commonly used in marketing strategy to assess the relativeness attractiveness of alternative strategies being considered. Internal and external matrix ie, swot and quantitative strategic planning matrix qspm were used for strategic analysis. This article presents the quantitative strategic planning matrix qspm, an analytical tool used in formulating strategies. Pdf the quantitative strategic planning matrix qspm applied to a. All books are in clear copy here, and all files are secure so dont worry about it. Quantitative strategic planning matrix qspm strategic. Qspm quantitative strategic planning byalvin pault. The quantitative strategic planning matrix is a strategic tool which is used to evaluate alternative set of strategies. The qspm method falls within socalled stage 3 of the strategy formulation analytical framework. This site is like a library, you could find million book here by using search box in the header. Strategic sustainable management for water transmission.
May 20, 2016 there are a number of alternative strategies and the quantitative strategic planning matrix qspm can be used to objectively evaluate the most suitable strategy among the list of all the alternative strategies. Results reveal this strategy is more attractive in the set of. Study 51 terms chapter 6strategic management flashcards. Pdf the quantitative strategic planning matrix qspm. The purpose of this study were to determine alternative of strategy planning and the priority of strategy development at big burger restaurant malang. Strategy formulation for performance improvement of indian. This paper reveals how and why the qspm should be commonly used. The qspm fits into the first stage, strategy formulation, and is an excellent tool for deciding among feasible alternative strategies. A basic tenet of the qspm is that firms need to systematically assess their. Pdf originally introduced in a 1986 long range planning article, the quantitative strategic planning matrix qspm has become widely used.
Quantitative strategic planning matrix commercial break kaley braunsdorf nichole clayton mary mcmahon miranda peretti final descent expanding domestically received a higher score in the qspm. Qspm matrix qspm matrix qspm matrix quantitative strategic. Selecting alternative strategy using quantitatie strategic planning matrix qspm astien setianingrum department of industrial. Selecting alternative strategy using quantitative strategic planning matrix qspm. Public participation role in sustainable urban management. Strategic planning for spatial development in the historical tissue of yazd city with a. Abstractoriginally introduced in a 1986 long range planning article, the quantitative strategic planning matrix qspm has become widely used in strategic management but is only rarely used in marketing strategy. The strategic planning matrix a quantitative approach. Qspm j quantitative strategic planning matrixqspm the. The using of quantitative strategic planning matrix q spm for alternative determination priority strategy business tapis s tudy in umkm tapis ruwa jurai bandar lampung abstract by dini safitri this research purpose to identify the alternative strategy priority of business tapis in umkm tapis ruwa jurai bandar lampung by qspm analysis. Paper open access analysis of ife, efe and qspm matrix on. Analysis of internal factor evaluation matrix, external. This process provided a comprehensive model for sustainable urban development as sustainable development urban landscape pattern.
Pdf selecting alternative strategy using quantitative strategic. May 18, 2014 quantitative strategic planning matrix qspm a is a strategic management tool useda in the evaluation of strategic options and determination of relative attractiveness of strategies. This paper reveals how and why the qspm should be commonly used in marketing strategy to assess the relativeness attractiveness of. Public participation role in sustainable urban management by. Opportunities, and threats matrix and through qspm quantitative strategic planning matrix and maut multi attribute utility theory models. Quantitative strategic planning matrix qspm weighted through a madebyresearcher questionnaire. Quantitative strategy planning matrix qspm alternative strategies that have been obtained through the process of the approach of ie matrix analysis and swot matrix analysis, then the priority strategy is determined by the qspm quantitative strategic planning matrix analysis approach. Qspm represents an objective approach for evaluating and choosing among alternative strategies in both small and large organizations. Rabu, oktober 31, 2012 qspm merupakan alat analisis yang digunakan untuk memutuskan strategi yang akan digunakan berdasarkan dari kemenarikan alternativealternatif strategi yang ada.
The strategic planning matrixa quantitative approach. The top row of a qspm consists of alternative strategies derived from all of the following except. David, an effective process for strategic planning is to develop an efe matrix and ife matrix followed by a swot and bcg and then finally a qspm. Strategic planning for tourism industry using swot and qspm. Analysis of internal factor evaluation matrix ife, external factor evaluation matrix efe, strenghts weakness opportunity threat matrix swot and quantitative strategic planning matrix qspm study of bank rakyat indonesia bri. When you know how to use this tool effectively, it can provide you with some justification for the choices you make. There are a number of alternative strategies and the quantitative strategic planning matrix qspm can be used to objectively evaluate the most suitable strategy among the list of all the alternative strategies. The quantitative strategic planning matrix qspm other than ranking strategies to achieve the prioritized list, there is only one analytical technique in the literature designed to determine the relative attractiveness of feasible alternative actions. Selecting alternative strategy using quantitative strategic. Qspm quantitative strategic planning matrix is a very important and strategic tool that helps the company or organization to identify the best strategy by considering all. First introduced in a long range planning 3, the qspm has become widely used among strategic management professors and students for two decades. Quantitative strategic planning matrix qspm mba knowledge. The strategies were classified and prioritize by quantitative matrix. Qspm quantitative strategic planning matrix menurut david, 2010 dalam wijaya, 20, pada analisis qspm ini, bebarapa alternatif strategi dilakukan evaluasi secara obyektif berdasarkan faktorfaktor internal dan eksternal perusahaan yang sebelumnya sudah diidentifikasi.