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Illustrative case study 405<br />

Stage 4 Check strategies for feasibility<br />

Strategies need to be screened to check that they are feasible (e.g.<br />

capable of being funded or capable of being supported logistically<br />

and technologically). In this case it is assumed that all three strategies<br />

are feasible.<br />

Stage 5 For each lower level objective in the objectives hierarchy:<br />

(a) rank all of the strategy-scenario combinations from best (1) to worst (6) in<br />

terms of performance against that objective:<br />

Examples of ranks for two of the objectives are given below.<br />

Objective: Maximize long-term profit<br />

Strategy<br />

Scenario<br />

DOG FIGHT MAIL MOUNTAIN<br />

STATUS QUO 6 2<br />

R&D 5 1<br />

DIVERSIFY 4 3<br />

Thus the R&D strategy, under the MAIL MOUNTAIN scenario, would,<br />

it is thought, lead to the best long-term profit, while the STATUS QUO<br />

strategy, under the DOG FIGHT scenario, would yield the worst.<br />

Objective: Maximize share of letter market<br />

Strategy<br />

Scenario<br />

DOG FIGHT MAIL MOUNTAIN<br />

STATUS QUO 5 = 1 =<br />

R&D 4 1 =<br />

DIVERSIFY 5 = 1 =<br />

(b) Allocate a score of 100 to the best strategy-scenario combination and 0 to<br />

the worst.<br />

(c) Allocate scores between 0 and 100 to represent the performance of intermediate<br />

strategy-scenario combinations against the objective.

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