Strategies
- Review your SFAS Matrix and identify what you believe to be the two most strategic S,W,O, and T factors facing your firm.
- Place these eight factors on your TOWS matrix, with the two Opportunities and the two Threats going down the first right column.
- Place your two Strengths and your two Weaknesses in the first row at the top of the TOWS matrix.
Review a sample TOWS matrix example template to ensure you have your - S,W,O, and T factors correctly positioned.Designate each factor as either #1 or #2.
- Crate what you think are the four best strategies using the S,W,O, and T factors.
- Create a SO Strategy using either one of your Strengths and Opportunities.
- Create a WO Strategy using either of your Weaknesses and Opportunities.
- Create a ST Strategy using either of your Strengths and Threats.
- Create a WT Strategy using either of your Weaknesses and Threats.
- Designate which factor (S2/T1, W1/T1) you are using.