Develop Strategic Decision Making Matrix
This prompt helps business leaders, strategists, and consultants create a comprehensive Strategic Decision Making Matrix tailored to complex organizational challenges. By structuring decisions according to key criteria such as impact, feasibility, cost, and risk, users can prioritize initiatives effectively and make data-driven choices. The matrix enables the evaluation of multiple options systematically, fostering alignment across stakeholders and reducing cognitive bias in decision-making. This prompt is ideal for executives, project managers, and strategic planners seeking a clear framework to compare alternatives, forecast outcomes, and identify the most beneficial course of action. It also supports scenario analysis, allowing users to anticipate potential risks and opportunities before committing resources. Using this tool results in more transparent, rational, and defensible strategic decisions, saving time, enhancing collaboration, and improving organizational agility.
AI Prompt
How to Use
1. Begin by clearly defining the context or project for which decisions are being made.
2. List all potential strategic options or initiatives to evaluate.
3. Choose relevant evaluation criteria that reflect organizational priorities.
4. Assign relative importance to each criterion to ensure objective weighting.
5. Score each option accurately against the criteria. Use realistic estimates and, if possible, data to support scores.
6. Generate the matrix table and review the ranking results.
7. Interpret the results, providing rationale and actionable recommendations.
Tips: Avoid too many criteria, which can dilute focus. Ensure weights and scores are consistent. Double-check that all options are comparable.
Use Cases
Prioritizing corporate investments and projects
Evaluating new market entry strategies
Assessing product development initiatives
Guiding mergers and acquisitions decisions
Structuring organizational change priorities
Allocating limited resources across strategic initiatives
Risk vs. reward analysis for business decisions
Executive decision support during board meetings
Pro Tips
Use realistic, data-driven scores for accuracy.
Adjust weightings to reflect changing organizational priorities.
Limit options to a manageable number for clarity.
Use visuals or color-coding to enhance readability.
For complex decisions, include sensitivity analysis by testing different weightings or scenarios.
Combine with SWOT or PESTEL analyses for a more holistic strategic assessment.
Related Prompts
Design Customer Journey Mapping Strategy
This prompt is designed to help business professionals, marketing strategists, and customer experience managers create a comprehensive customer journey mapping …
Act as a business strategist and customer experience expert. Design a detailed customer journey mapping …
Create A 5-Year Strategic Business Plan
This prompt is designed to help business leaders, entrepreneurs, and strategic planners develop a comprehensive 5-year strategic business plan. It …
Create a detailed 5-year strategic business plan for \[Company Name], a \[industry/type of business] based …
Create Strategic Budget Allocation Plan
This prompt is designed to help business leaders, finance managers, and strategic planners develop a comprehensive budget allocation plan that …
Act as a strategic financial planner. Develop a detailed budget allocation plan for \[Organization/Department Name] …
Build Performance Dashboard For Executives
This prompt helps business leaders, data analysts, and consultants create a comprehensive performance dashboard tailored for executive-level decision-making. It enables …
Create a professional executive performance dashboard based on the following specifications: Industry: \[Insert industry, e.g., …
Build Customer Lifetime Value Strategy
This prompt helps business strategists, marketing managers, and customer experience professionals design a comprehensive Customer Lifetime Value (CLV) strategy tailored …
Act as a business strategist and help me build a Customer Lifetime Value (CLV) strategy …
Develop Product Lifecycle Management Strategy
This prompt is designed to help business leaders, product managers, and strategists create a comprehensive Product Lifecycle Management (PLM) strategy. …
Develop a comprehensive Product Lifecycle Management (PLM) strategy for \[Company/Product Name]. Analyze the current product …
More from Business Strategy
Create A 5-Year Strategic Business Plan
This prompt is designed to help business leaders, entrepreneurs, and strategic planners develop a comprehensive 5-year strategic business plan. It …
Create a detailed 5-year strategic business plan for \[Company Name], a \[industry/type of business] based …
Conduct Competitor Swot Analysis
This prompt helps businesses and professionals conduct a comprehensive SWOT analysis (Strengths, Weaknesses, Opportunities, Threats) of their competitors. By using …
Conduct a detailed SWOT analysis of \[Competitor Name] in the \[Industry/Market] sector. Provide structured insights …
Design Customer Journey Mapping Strategy
This prompt is designed to help business professionals, marketing strategists, and customer experience managers create a comprehensive customer journey mapping …
Act as a business strategist and customer experience expert. Design a detailed customer journey mapping …
Build Revenue Diversification Plan
This prompt helps business leaders, strategists, and financial planners create a comprehensive revenue diversification plan tailored to their organization. It …
Act as a business strategist. Help me build a revenue diversification plan for \[Company Name]. …
Develop Market Penetration Strategy For New Products
This prompt is designed to help businesses, entrepreneurs, and strategists develop a comprehensive market penetration strategy for new products. It …
Act as a business strategist. Develop a detailed market penetration strategy for a new product. …
Create Crisis Management Communication Plan
This prompt is designed to assist business leaders, communications managers, PR teams, and crisis management professionals in developing a comprehensive …
Act as a crisis management and communications expert. Create a detailed crisis communication plan for …
Design Digital Transformation Roadmap
This prompt is designed for business leaders, digital strategists, IT managers, and transformation teams seeking to create a structured and …
“Act as a digital transformation strategist. Design a detailed digital transformation roadmap for \[Company Name]. …
Develop Pricing Strategy For Premium Products
This prompt is designed to help businesses create a comprehensive and effective pricing strategy specifically for premium products or services. …
Act as an expert pricing strategist. Develop a comprehensive pricing strategy for the premium product …