SPACE Analysis or the SPACE Matrix with an example - Simplest Explanation Ever

It is important to understand internal and external aspects that help us understand where we are as a business. It is then important to understand the strategic direction that we head towards to get better results. The SPACE analysis or SPACE Matrix is a renowned model that helps us understand the strategic decisions that need to be made to get better results and grow.Space analysis calculation template:https://docs.google.com/spreadsheets/d/1GyBn2mHNk2a_w7tH_57_K3TBgTRpcn5BNbLvW435tbM/edit?usp=sharing