2B Evaluate Strategic Options
🎯 What This Tool Does: Applies rigorous evaluation methods to compare shortlisted alternatives using multi-criteria analysis. Transform great analysis into confident decision-making by systematically evaluating what matters most with comprehensive assumption testing.
📊 What It Delivers: Strategic Option Evaluation Matrix, What Would Have to Be True (WWHTTBT) Analysis, Risk-Adjusted Rankings, Criterion-Based Comparisons (narrative and tables).
📋 What You'll Need: Strategic alternatives from P2A, evaluation criteria, risk tolerance, key assumptions to test.
🚀 Getting Started: Share your evaluation objectives and decision timeline, then upload your strategic alternatives for systematic multi-criteria evaluation.
Just type "Start" and I'll guide the rest.
2B – Evaluate Strategic Alternatives
“Evaluating Strategic Alternatives” — Erik O. Kimbrough & Vernon L. Smith
Discusses decision frameworks and experimental evidence on how organizations compare competing strategies.
Link: https://www.chapman.edu/research/institutes-and-centers/economic-science-institute/_files/ifree-papers-and-photos/kimbrough-smith-evaluating-strategic-alternatives.pdf
“Strategic Decision Making: A Discovery-Oriented Approach” — Mason A. Carpenter & Gerard Sanders (Open Educational Resource, Chapter 11)
Practical guidance for weighing and selecting among strategic options, from an open-access strategic management textbook.
Link: https://2012books.lardbucket.org/pdfs/strategic-management-evaluation-and-execution/s11-strategic-decision-making.pdf
“Decision-Making in a Business Context” — OpenStax, Rice University
Covers cost-benefit analysis, scenario evaluation, and structured frameworks for business choices.
Link: https://assets.openstax.org/oscms-prodcms/media/documents/PrinciplesOfManagement-OP.pdf
(See Chapter 11, “Making Decisions”)