Write a 500 words analysis of the significance of these three matrices Part I – SPACE Matrix Part II – Grand Strategy Matrix, and Part III – Quantitative Strategic Planning Matrix (QSPM) regarding their relevance for strategic planning. Describe the key information for each and how information from each will influence recommendations for strategy selection, planning, and implementation.
Without prematurely determining and formalizing strategic goals and objectives, begin thinking about possible strategies to capitalize and add value to the organization based on the analysis of this information.
Be sure to cite three to five relevant and credible sources in support of your content. .