Question: Develop a Quantitative Strategic Planning Matrix (QSPM) on your chosen company. Use input information from Stage 1 (EFE, IFE, and CPM) to objectively evaluate feasible
- Develop a Quantitative Strategic Planning Matrix (QSPM) on your chosen company. Use input information from Stage 1 (EFE, IFE, and CPM) to objectively evaluate feasible alternative strategies identified in Stage 2 (SWOT). Provide a thorough analysis of your QSPM.
(Exxon Mobil IFE) Internal Factor Evaluation (IFE) for ExxonMobil.
| Strengths | Weight | Rating | Weighted Score | |
| 1 | Huge producer in 21 different nations | 0.10 | 4 | 0.40 |
| 2 | Powerful compared to its competitors | 0.08 | 4 | 0.32 |
| 3 | Earns more revenue from upstream operations | 0.09 | 3 | 0.27 |
| 4 | Has a larger market share outside the United States | 0.07 | 3 | 0.21 |
| 5 | More production in North America | 0.06 | 4 | 0.24 |
| 6 | Utilizes advanced technology | 0.06 | 4 | 0.24 |
| 7 | Exxon is the largest global refiner | 0.07 | 4 | 0.28 |
| 8 | The lubricants business continues to expand | 0.04 | 3 | 0.12 |
| 9 | Among the leading petrochemical businesses globally | 0.04 | 4 | 0.16 |
| Total Weighted for Strengths | 2.24 |
| Weaknesses | Weight | Rating | Weight Score | |
| 1 | Exon lacks a mission or vision statement. | 0.04 | 1 | 0.04 |
| 2 | The organization's management is lacking and bias | 0.04 | 1 | 0.04 |
| 3 | Environmental pollution | 0.03 | 1 | 0.03 |
| 4 | Downstream revenues account for only about 10% of all revenues | 0.03 | 2 | 0.04 |
| 5 | Exxon's transitioning | 0.04 | 2 | 0.08 |
| 6 | Weak Downstream business | 0.04 | 2 | 0.08 |
| 7 | Unpromising future in refining | 0.04 | 1 | 0.04 |
| 8 | Refining business | 0.06 | 1 | 0.06 |
| 9 | High debts affecting forms of part of SBU | 0.04 | 2 | 0.08 |
| 10 | The decline in Chemical SBU | 0.03 | 1 | 0.03 |
| Total Weighted for Weaknesses | 0.52 |
- Assess the leadership strategy needed to support your preferred alternative strategy. What characteristics are critical (i.e., Planning, Organizing, Motivating, and Controlling)?
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