Space Strategy: Strength Weakness Opportunity And Strategies

Submitted By levelstothis
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SWOT (Strength Weakness Opportunity and Threats):
SWOT helps explore possibilities for new efforts or solutions to problems. It makes decisions about the best path for your initiative. Identifying your opportunities for success in context of threats to success can clarify directions and choices. It helps determine where change is possible. If you are at a juncture or turning point, an inventory of your strengths and weaknesses can reveal priorities as well as possibilities. It can also adjust and refine plans mid-course. A new opportunity might open wider avenues, while a new threat could close a path that once existed. SWOT also offers a simple way of communicating about your initiative or program and an excellent way to organize information you've gathered from studies or surveys.

SPACE (Strategic Position and Action Evaluation):
The Space strategy evaluates different variables and assigns them a score considering how important they are for the situation of the company. It analyzes four different areas (two internal to the company and two external) that will represent four quadrants in a graphic. The purpose of this matrix is to situate the company in one of these four quadrants and give a suggestion –according to which quadrant results- about what type of strategies a company should follow: conservative, aggressive, defensive or competitive

BCG (Boston Consulting Group):
BCG brings deep industry and functional expertise to the challenges faced. They have developed approaches to mobilizing and enabling organizations that are unique, practical, and proven. BCG works in deep partnership with their clients, viewing their successes as their own. They focus on working together. They develop new