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SPACE Matrix Template Excel

  • SPACE Matrix Chart Template
  • SPACE Matrix Excel Template
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$12.95
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MW041
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Product Description

 

SPACE Matrix Template Excel

 

The Excel SPACE Matrix template allows you to easily and quickly develop a great looking SPACE Matrix Chart for your organisation.

It comes with a comprehensive User Guide  which you can download and check out before you purchase.

All our products come with a No Quibble 10-day Money Back Guarantee.

 

What is the SPACE matrix strategic management method?

The SPACE matrix is a strategic planning tool that can be used to determine what type of a strategy assessment the organization should undertake.

The term SPACE matrix is derived from Strategic Position & ACtion Evaluation matrix and it focuses on strategy formulation especially as related to the competitive position of an organization.

The SPACE matrix strategy outcome can be used as a basis for other analyses, such as the PEST analysis, SWOT analysis, BCG matrix model, Ansoff or GE-McKinsey models for which we have a comprehensive portfolio of Strategic Planning templates .

The SPACE matrix method breaks the matrix chart down into four quadrants (see image below) where each quadrant suggests a different type of a strategy depending on which quadrant the outcome of the analysis places the organization in.

These are:

  • Aggressive
  • Conservative
  • Defensive
  • Competitive

space-matrix-chart-template.jpg

 

How to create a SPACE Matrix in Excel?

The SPACE Matrix analysis framework incorporates two internal and two external strategic dimensions in order to determine the organization's strategic positioning in the industry.

An internal strategic dimension score and an external strategic dimension score are calculated.

These are then plotted on the matrix chart to suggest the most appropriate strategy.

 

The internal dimension is based on the analyses of two areas.

Internal strategic dimensions:

  • Financial strength (FS)
  • Competitive advantage (CA)

The scores for the two areas are added to give a give an internal strategic dimension score.

 

The external dimension is based on the analyses of two areas.

External strategic dimensions:

  • Environmental stability (ES)
  • Industry strength (IS)

The scores for the two areas are added to give a give an external strategic dimension score.

 

A number of factors that contribute to each of the four areas are identified, e.g. Product quality, market share, distribution channels might all contribute to Competitive Advantage (CA)

Each factor is rated on a scale of 1 to 6 as follows:

  • Competitive Advantage factors from – 6 worst to -1 best
  • Industrial Strength factors from +1 worst to +6 best
  • Environmental Stability factors from – 6 worst to -1 best
  • Financial Strength factors from +1 worst to +6 best.

space-matrix.jpg

The average for all Competitive Advantage (CA) factors is then calculated to give a CA score

The average for all Industrial Strength (IS) factors is then calculated to give a IS score

The average for all Environmental Stability (ES) factors is then calculated to give a ES score

The average for all Financial Strength (FS) factors is then calculated to give a FS score.

The CA score is added to the IS score to give the total X-axis score

The FS score is added to the ES score to give the total Y-axis score.

This point of intersection is then plotted on an X-Y graph.

The quadrant that the point of intersection is in will suggest which of the following strategic approaches are most appropriate:

  • Aggressive
  • Conservative
  • Defensive
  • Competitive

A comprehensive User Guide provides full details.

All our products come with a No Quibble 10-day Money Back Guarantee.

 

Check out our full portfolio of Excel and Word Strategic Planning templates and our attractively priced packages that combine multiple templates at significant discount on individual prices.

 




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  1. very useful 5 Star Review

    Posted by on 13th Apr 2013

    easy to use


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