SPACE Analysis (Strategy)

SPACE Analysis (Strategy)

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Interactive Video

Business

University

Hard

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The video tutorial explains the SPACE analysis, a strategic planning tool used to evaluate a company's position and determine the most suitable competitive strategy. It involves assessing four key factors: financial strength, environmental stability, competitive advantage, and industry attractiveness. Each factor is scored, and the results are plotted on a quadrant to suggest strategies like aggressive, competitive, conservative, or defensive. The tutorial details the criteria for evaluating each factor and how to interpret the results to guide strategic decisions.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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