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Criterion
Paper illustration for TOWS Matrix.
Business Strategy
TOWS Matrix
Anonymous individual judgments pass through feedback loops to form a distribution.
Decision Making
Delphi Method
Paper illustration of a six-field PESTLE grid
Business Strategy
PESTLE Analysis
Paper illustration of a SWOT matrix with four separated quadrants and marked strategic options.
Business Strategy
SWOT Analysis
Purposedifferent
The TOWS Matrix connects internal strengths and weaknesses with external opportunities and threats into action-oriented strategies. It goes a step further than a pure stocktaking.When knowledge is distributed and direct dominance should be avoided, groups quickly fall under the sway of their opinion leaders. The Delphi Method gathers assessments iteratively and gradually brings expert judgments closer together.PESTLE Analysis makes political, economic, social, technological, legal, and environmental influences visible. The environment of an initiative is thereby read systematically instead of through isolated trends.SWOT Analysis arranges strengths, weaknesses, opportunities, and threats into a compact picture of the situation. It keeps internal capabilities and external influences separate before strategic options emerge from them.
Complexitydifferent
MediumHighMediumLow
Timedifferent
1-2 h1-4 Wochen1-3 h30-60 min
Participantsdifferent
3-106-30 Experten2-103-12
Formatdifferent
WorkshopAsyncWorkshop + asyncWorkshop
Outputdifferent
TOWS Matrix, Strategic Options, Priority ActionsExpert Forecast, Consensus Range, Assumption NotesPESTLE Map, External Risks, Strategic QuestionsSWOT matrix, Strategic options, Action list
Tags1 shared
StrategyAnalysisOptions
ForecastingExpertsDecisionStrategy
StrategyMarketAnalysis
StrategyAnalysisMarketPositioning
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