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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