Go to the Strategy Club website and review the “Sample Strategic Plan for Sanderson Farms under the student resources section. This sample strategic plan is an example of what your completed strategic case analysis should look like at the end of the course.Construct a strategic position and action evaluation (SPACE) matrix by doing the following.
- Step 1: Review your company’s business (Chick-Fil-A), its most recent Form 10K and quarterly report, and review industry and competitive information pertaining to your company to assist you.
- Step 2: Follow guidelines provided in Chapter 6 of Strategic Management: A Competitive Advantage Approach, Concepts, and Cases to learn how to create a SPACE matrix.
- Step 3: Use your Strategic-Planning Template to develop a SPACE matrix for your company.
- Step 4: In 150 words, explain what strategies you recommend, given your SPACE analysis. Avoid generic, vague terms such as market development.