Business Strategy Prioritization Tool

Resource Overview

Use this tool to evaluate your strategic initiatives based on their strategic fit, economic impact, and feasibility.

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Your Problem

You need to determine which strategic initiatives are of the highest priority. Without business stratetgy prioritization, it can be difficult to determine and implement key company strategies. In the process of determining this strategic initiative prioritization, it is important that you document and outline your decision making process.  

Our Solution

Use this tool to evaluate your strategic initiatives based on their strategic fit, economic impact, and feasibility. Once you have ranked each project, view the bubble matrix chart and communicate the findings of your analysis. For background info, read our Executive Summary: Writing Business Strategy Plans

This tool enables you to rank projects and to score on a scale of 1-10. Once you have done so, a bubble matrix chart is automatically generated to communicate the findings of your analysis. This bubble matrix chart will help you get a visual understanding of the different projects you are working on.

Key Benefits

  • simple color-coded format
  • easy to use with drop-down boxes
  • faciliates communication with team
  • save 10 hours on formatting
  • automatically generates bubble chart

 

Estimated Time Required: 4 Hours

Skills Required: Excel (Basic)

Microsoft Excel Spreadsheet