Whether you are investing large amounts of precious company capital,
evaluating your own spending plans, or you want to anlyze your investment in time, this 2 X 2 Matrix on Investment
Decisions is super handy! The notion is to compare importance on one axis
and expected performance on the other. Run to the hills when you identify
those options with low importance and low expected performance! Create a
strategy to move an important option with limited expected results into the
high expected performance box.
A two-by-two matrix is a simple and effective way of presenting information.
It provides a big picture, single-glance view of options that are mutually
exclusive and collectively exhaustive. This matrix is divided into four
boxes, which indicate different strategic actions for each option. Single
options are plotted into the matrix taking two key decision criteria into
account. The chosen two dimensions are independent from each other. A good
matrix takes thought to develop and is then simple to utilize!