Analysis of internal factor evaluation matrix, external. Oct 21, 2008 the efe matrix allows strategies to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information. This can be done using the swot analysis,space matrix an alysis, bcg matrix model, or the ie matrix model. Efe matrix and competitive profile matrix, an ife matrix can be developed in five steps. Efe matrix evaluates the external position of the organization or its strategic intent. While the ife matrix deals with internal factors, the efe matrix is concerned solely with external factors. Formation of ife and efe matrix ife matrix is an instrument for assessing internal factors weaknesses and strengths 25 efe matrix is an instrument for analyzing external opportunities and threats. Designing strategies using ife, efe, ie, and qspm analysis. Mar 19, 2016 the external factor evaluation matrix efe matrix is prepared by considering certain key external factors.
Jul 16, 2012 external factors consist of opportunities and threats which needs to be identified and should be responded in order to utilize the available opportunities and eliminate or reduce the impact of threats. Nov 29, 2009 read this literature case study and over 89,000 other research documents. Mar 01, 2012 external factor evaluation efe matrix method is a strategicmanagement tool often used for assessment of current business conditions. These key external factors need to be properly summarized in order to develop an effective e xternal factor evaluation matrix. The firm is executed and owned by bob lger, the chief executive officer and continue reading efe matrix for walt disney company. Efe matrix for walt disney company premium assignment help. Strengths, weaknesses, opportunities and threats swot. The external factor evaluation efe and competitive profile cpm matrices.
Highend inhome entertainment sales are growing nationally. Operationsscm no operation limitations third party developers increase safety stock management selfinterest change strategy develop contracts for third party contractors, total cost. Internal factor evaluation ife matrix key internal factors weight rating weighted score strengths strong brand name, image and reputation. Research on the sustainable development of mining industry. Efe matrix steps to prepare external factor evaluation. External factor evaluation efe matrix method is a strategicmanagement tool often used for assessment of current business conditions.
First, the strengths and weaknesses were listed and a weight 26 between 0 not important to 1 very important was allocated to every. The external factor evaluation efe and competitive profile. The excel matrix templates that you see here would come in handy in a number of situations. Identify a list of key external factors critical success factors. To enable you to closely analyze yourself and the environment surrounding you. Strategic management concepts and cases fourteenth edition global edition fred r. Ife matrix ife matrix is an analytical technique related to the swot analysis. Furthermore, quantitative strategies planning matrix qspm is used to decide and determine which alternative strategies can best be. Sep 09, 2009 the efe matrix is the strategic tool used to evaluate firm existing strategies, efe matrix can be defined as the strategic tool to evaluate external environment or macro environment of the firm include economic,social,technological,government,political, legal and competitive information. External factor evaluation efe matrix is a strategic management tool which allows the strategists to examine the cultural, social, economic, demographic, political, legal, and competitive information. The company was established in 1923 by walt and roy disney. Evaluation of the strategic factors of the management of. In a similar fashion to a competitive analysis template, a competitive profile matrix, once completed will give you the insight you need to. The information from both matrices can be used for other purposes, such as to build swot analysis, ie matrix or other strategy tools.
Dantis deli bakery main business is to provide pastry product and distribute to other food and everage outlet all around jakarta. Oct 29, 20 the matrix identifies a firms key competitors and compares them using industrys critical success factors. The external factor evaluation efe matrix 80 the competitive profile matrix cpm 81 assurance of learning exercises 86 assurance of learning exercise 3a. Pdf ife matrix, efe matrix, and qspm matrix are business strategy tools. External factor evaluation efe matrix mba lectures. Strategic planning, mission, strategy formulation, swot, david. Strategic matrices free download as excel spreadsheet. Formulation of the type of the strategy we would like to pursue. The goal of dantis deli bakery is to provide pastry product and distribute to other food and beverage outlet all around jakarta. Ife matrix, efe matrix, and qspm matrix are business strategy tools that. Efe matrix is an analytical technique related to the swot analysis. External factor evaluation efe matrix key factors weight ratings weighted scores. Essay, 12 pages introduction cocacola, the product that has given the world its best known taste was born in atlanta, georgia on may 8, 1886. Efe matrix is an analytical technique for evaluation of external position of the organization or its strategic intents.
Develop an efe matrix for your university 85 assurance of learning exercise 3e. Ife matrix, efe matrix, and qspm matrix are business strategy tools that can. Matrix algebra for beginners, part i matrices, determinants. The analysis also reveals companys relative strengths and weaknesses against its competitors, so a company would know, which areas it should improve and, which areas to protect. The below diagram shows the structure of ie matrix. Through ife and efe matrix models, the key internal and external factors affecting the sustainable development of some mining in the southwest of the hubei. Review underlying strategy prepare revised ife prepare revised efe compare with originals step 2. Pdf designing strategies using ife, efe, ie, and qspm analysis. Analysis of ife, efe and qspm matrix on business development. Its headquarters are in the united states, california burbank. Use total of from ten to twenty internal factors, including both strengths and weaknesses. The numbers range from 4 to 1, where 4 means a superior response, 3 above average response, 2 average response and 1 poor response. Efe matrix and ife matrix develop both an external factor evaluation efe matrix and an internal factor evaluation ife matrix for a chosen organization, and write an analysis of the pros and cons and applications for use of each of these analytical tools. External factor evaluation efe matrix mba knowledge base.
The efe matrix allows strategies to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information. Qspm matrix dell retail strategic management free 30. Process the table of internal factors such as key 5s and 5w of swot. The impact of foreign currency fluctuation and interest rates, and political instability 0. The excel templates here would be perfect if you need to deal with data analysis or excel sheets on a daily basis. I need a competitive profile matrix and efe matrix for microsoft corporation. I am uploading a document which will give you the detailed external factor evaluation efe matrix industry analysis and you can use it for your project. External ie matrix 216 0 the grand strategy matrix 219 the decision stage 220. May 17, 2014 the external factor evaluation efe matrix is similar to internal factor evaluation efe matrix. As discussed earlier the ie matrix is composed of nine cells, each division plotted in one of the cell based on division ife and efe total weighted score. Pdf analysis of ife, efe and qspm matrix on business. The external factor evaluation matrix efe matrix is prepared by considering certain key external factors. The steps to rectify an unplanned failover are identical to those of a planned failover. External factor evaluation matrix key external factors weighted weight rating 0.
Cpm allows business owners, stockholders and other interested parties to see the strengths and weaknesses of all major competitors in an industry on a single page. Efe is an acronym of the external factor evaluation. Microsoft strategic analysisdocx download as word doc doc docx, pdf matrix 12 7 matching stage. The efe matrix template could be used to find out how a firm has been responding to the external factors. The information related to economic, social, demographic, cultural, technological, legal, political.
The facilitator agrees the scope of the swot with the participants being careful to also define whats outofscope for the exercise as well as whats inscope, e. To search for a master data infoobject, do the following. The efe matrix presents the current situation of in terms of opportunities and threats the company faces. Perform an external assessment 85 assurance of learning exercise 3d. Strategic management analysis of fedex publish your. Solved i need a competitive profile matrix and efe matrix. You can search for master data using an infoobjects description, technical name, or both. The ie matrix have to important dimensions ife total weighted score on xaxis and efe total weighted score on yaxis. An external factor evaluation efe matrix allows strategists to summarize and evaluate economic, social, cultural, demographic, environmental, political, governmental, legal, technological, and competitive information. Developing an efe matrix for mcdonalds corporation 86 assurance of learning exercise 3b.
Efe matrix indicates whether the firm is able to effectively take advantage of existing opportunities along with minimizing the external threats. Analysis of ife, efe and qspm matrix on business development strategy article pdf available in iop conference series earth and environmental science 1261. The efe matrix is the strategic tool used to evaluate firm existing strategies, efe matrix can be defined as the strategic tool to evaluate external environment or macro environment of the firm include economic,social,technological,government,political, legal and competitive information. A matrix is a visual presentation of your business data using rows and columns. External factors consist of opportunities and threats which needs to be identified and should be responded in order to utilize the available opportunities and eliminate or reduce the impact of threats. The matrix product is one of the most fundamental matrix. External factor evaluation efe matrix is a strategicmanagement tool often used for assessment of the current business conditions. Ife matrix, efe matrix and qspm matrix are business strategy tools that can be used to identify threat, opportunity, weakness, strength as internal external business factors. The ratings in external matrix refer to how effectively companys current strategy responds to the opportunities and threats. Pdf designing strategies using ife, efe, ie, and qspm. Attached files external factor evaluation efe matrix industry analysis. The matrix matrix product is a much stranger beast, at.
Then the potential strategies of the company will be offered by swot analyze and will be determined by using other methods like space matrix and bcg matrix. How to develop external factor evaluation efe matrix. On the master data maintenance screen, select the search criteria and enter a search value. The external factor evaluation efe and competitive. This paper aims to analyze fedexs current strategy using some strategical analytical tools like the external factor evaluationefe matrix, and the internal factor evaluation ife matrix. Develop an efe matrix for hershey company 84 assurance of learning exercise 3c. External factor evaluation matrix is a strategic tool used for the external evaluation of a firm. Ife and efe matrix of microsoft research paper example. Using an ife matrix to identify and prioritize internal factors fosters. Ife, efe, and space matrix of cocacola free essay example. Ife matrix, efe matrix, and qspm matrix are business strategy tools that can be used to identify the threat, opportunity, weakness, strength as internal, external business factors. Ife matrix evaluates the internal position of the organization or its strategic intent. Ife efe of nike amirul aswad sazali faris firdaus mohd.
Strategic management sixteenth edition concepts and cases. Oct 28, 2014 ife matrix and efe matrix best way to evaluate your internalexternal environments, identify the key factors and assess them. The ratings range from 4 to 1, where 4 means a superior response, 3 above average response, 2 average response and 1 poor response. Further, tools like the swot analysis and other matrix methods will be utilized to strategically analyze the strengths, weaknesses, opportunities, and. Are you on the lookout for an excel matrix to present your business data. State farm insurance pdr pricing matrix for state farm. External factor evaluation efe matrix summarizes and evaluates economic. Ife matrixstrategic managementebook free to read download. This helps visualize and communicate the competitive landscape.
You can extend the rows and columns of your data in an excel sheet without repeating the numbers. An efe matrix summarizes the results of an external audit. Cpm, or the cpm matrix, stands for competitive profile matrix and is a powerful strategic analysis tool. Efe matrix steps to prepare external factor evaluation matrix. Ife is an acronym of the internal factor evaluation. The external factor evaluation efe and competitive profile cpm matrices free download as powerpoint presentation. The result of efe analysis was obtained through a number of indicators of opportunities and threats. You just have to know how to use balance sheet templates and which ones would be appropriate for you. The competitive profile matrix cpm is a strategic analysis that allows you to compare your company to your competitors, in such a way as to reveal your relative strengths and weaknesses. Nov 22, 2016 the efe matrix is a good tool to visualize and prioritize the opportunities and threats that a business is facing. Efe matrix evaluates the external position of the organization or its strategic intents. The efe matrix is a good tool to visualize and prioritize the opportunities and threats that a business is facing. Ife matrix and efe matrix best way to evaluate your internalexternal environments, identify the key factors and assess them.
Since youre on a phone, i would recommend you clicking download below when you get back to your laptopdesktop. The major difference between the efe matrix and the ife matrix is the type of factors that are included in the model. Efe matrix for nike key external factors weight rating weighted score threats 1. State farm insurance pdr pricing matrix for state farm insurance paintless dent repair agreement effective date. Comparing chipotle mexican grill to panera bread and moes southwest grill 85. B for the matrix product if that helps to make formulae clearer. The overall strategic management analysis is used to identify key strategic factors. List key internal factors as identified in the internalaudit process. Jan 08, 2015 efe matrix for walt disney company walt disney is a multinational firm in america, which specializes in the mass media industry. Then, you can check out excel matrix templates available online. It is a good tool used to visualize and prioritize the opportunities and threats that a business is facing. Nov 02, 2017 the efe matrix presents the current situation of in terms of opportunities and threats the company faces.