Strategy Map

The Strategy Map is a 2x2 matrix used to visualize a company's strategy. It is divided into four quadrants, each representing a different aspect of the strategy.

At a very high level, the Strategy Map is used in the context of business, strategy.

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What is the Strategy Map?

A visual explanation is shown in the image above. The Strategy Map can be described as a matrix with the following quadrants:

  1. Financial Perspective: Objectives related to the financial performance of the company, such as increasing revenue, reducing costs, and improving profitability.
  2. Customer Perspective: Objectives related to customer satisfaction and loyalty, such as increasing customer satisfaction, improving customer service, and increasing customer retention.
  3. Internal Process Perspective: Objectives related to the internal processes of the company, such as improving operational efficiency, increasing quality, and reducing cycle times.
  4. Learning and Growth Perspective: Objectives related to the development of the employees, such as increasing employee engagement, providing training and development opportunities, and improving employee morale.

What is the purpose of the Strategy Map?

The Strategy Map is a 2x2 matrix used to visualize a company's strategy. It is divided into four quadrants, each representing a different aspect of the strategy. The four quadrants are: Financial Perspective, Customer Perspective, Internal Process Perspective, and Learning and Growth Perspective. Each quadrant contains objectives that are related to the overall strategy of the company.

The Financial Perspective quadrant focuses on objectives related to the financial performance of the company. These objectives might include increasing revenue, reducing costs, and improving profitability. The Customer Perspective quadrant focuses on objectives related to customer satisfaction and loyalty. These objectives might include increasing customer satisfaction, improving customer service, and increasing customer retention. The Internal Process Perspective quadrant focuses on objectives related to the internal processes of the company. These objectives might include improving operational efficiency, increasing quality, and reducing cycle times. The Learning and Growth Perspective quadrant focuses on objectives related to the development of the employees. These objectives might include increasing employee engagement, providing training and development opportunities, and improving employee morale.

The Strategy Map is a useful tool for visualizing a company's strategy and objectives. It can help to identify areas of focus and ensure that all objectives are aligned with the overall strategy of the company.


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What templates are related to Strategy Map?

The following templates can also be categorized as business, strategy and are therefore related to Strategy Map: Effort Impact Matrix, Gap Analysis Matrix, Growth Share Matrix, Kraljic Matrix, Outsourcing Matrix, Quadrant Analysis, Risk Analysis Matrix, Risk Value Matrix. You can browse them using the menu above.

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