Strategic Management
Grand Strategy Matrix Template
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Grand Strategy Matrix Template

The Grand Strategy Matrix Template guides organizations step-by-step through strategic planning, ensuring a competitive position and successful implementation.
1
Identify the organization's strengths and weaknesses
2
Evaluate the company's external opportunities and threats
3
Compile and organize the information on a SWOT matrix
4
Determine the company's competitive position in the market
5
Plot the quadrant point based on internal and external factors
6
Draw the Grand Strategy Matrix
7
Approval: Executive Committee for Matrix
8
Identify and list the applicable strategies for each quadrant
9
Decide on a strategy based on the organization’s position in the matrix
10
Create a detailed action plan for implementing the chosen strategy
11
Assign responsibility for each action item to specific team members
12
Set timeline and milestones for implementing the strategy
13
Identify the key metrics for evaluating the strategy's effectiveness
14
Approval: Board of Directors for Strategic Plan
15
Communicate the strategic plan to the entire organization
16
Initiate the implementation of strategic plan
17
Monitor the progress and adjust strategies as needed
18
Update Grand Strategy Matrix annually or as the environment changes
19
Approval: CEO for Updated Matrix