Educating People for Humanity
A Balanced Scorecard (BSC) is a strategic management tool that helps organizations to measure and monitor their performance across multiple perspectives or dimensions. It was developed by Drs. Robert Kaplan and David Norton in...
Strategic drift is the tendency for strategies to develop incrementally on the basis of historical and cultural influences but fails to keep pace with a changing environment. According to Whittington, strategic drift occurs when...
Kotter’s 8 Steps to Successful Change is a model developed by John Kotter to help organizations successfully implement changes. The model consists of eight steps that organizations should follow to create a successful change...
The Cultural Web is a model developed by Gerry Johnson and Kevan Scholes that helps to analyze the organizational culture of a company. The cultural web shows the behavioral, physical, and symbolic manifestations of...
Force field analysis is a decision-making technique used to analyze the forces that support or oppose a proposed change in a system or organization. This method was developed by Kurt Lewin, a social psychologist,...
The Change Kaleidoscope model, developed by Hope Hailey and Balogun, is a framework that provides a comprehensive approach to change management. The model is designed to help organizations understand the different elements involved in...
These are four common types of strategic change that organizations may undergo, as identified by Donaldson and O’Toole: In summary, these four types of strategic change reflect different levels of disruption and cultural change...
A. Do it Yourself: “DIY (Do-It-Yourself) Strategy Delivery” approach involves a company developing and implementing its strategy on its own, using its own resources, people, and technology. This method is suitable for companies with...
Drivers for diversification refer to the factors that motivate an organization to expand its operations beyond its core business or enter new markets. The drivers for diversification may vary based on the organization’s strategic...
The Directional Policy (GE-McKinsey) Matrix is a strategic planning tool used to evaluate a company’s business portfolio and determine which business units to invest in and which to divest. The matrix is a 9-cell...
Analytical Tools / HRM / Performance Management
Concept of Performance Improvement Plan
March 7, 2023
