Comparing the Resulted Strategies from the SWOT and the SPACE (Electricity Company as Case Study)

Abolfazl Sherafat (), Khadijeh Yavari (), Sayyed Mohammad Reza Davoodi () and Nima Bozorgzadeh ()
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Abolfazl Sherafat: University of Tehran, Iran
Khadijeh Yavari: Yazd University, Iran
Sayyed Mohammad Reza Davoodi: Islamic Azad University, Isfahan, Iran
Nima Bozorgzadeh: Islamic Azad University, Isfahan, Iran

Acta Universitatis Danubius. OEconomica, 2013, issue 9(3), 60-69

Abstract: The present study was aimed to compare the implementation of two models in terms of strategic planning. In order to this, firstly, several field studies have been done in terms of the SWOT and the SPACE analysis. In the next step, a team of the middle and senior managers that have studied in terms of SWOT analysis seek to identify the organization’s strengths, weaknesses, opportunities, and threats and then develop their related strategies. They also develop and indicate the SPACE questionnaire. Based on the results of this questionnaire and determining the organization’s strategic position, they strive to develop the appropriate strategies. Finally, the strategies that have been derived from these models were compared to each other and their strengths and weaknesses were analyzed.

Keywords: Strategic Plan; SWOT Analysis; SPACE Model (search for similar items in EconPapers)
Date: 2013
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