The Balanced Scorecard
A Balanced Scorecard (BSC) is a strategic management tool that helps organizations to measure and monitor their performance across multiple...
Category: Management Approach
Strategic Drift
Strategic drift is the tendency for strategies to develop incrementally on the basis of historical and cultural influences but fails...
Kotter’s 8 Steps to Successful Change
Kotter’s 8 Steps to Successful Change is a model developed by John Kotter to help organizations successfully implement changes. The...
The Cultural Web
The Cultural Web is a model developed by Gerry Johnson and Kevan Scholes that helps to analyze the organizational culture...
Force field analysis – Change Issues
Force field analysis is a decision-making technique used to analyze the forces that support or oppose a proposed change in...
Change Kaleidoscope – Change Management Models
The Change Kaleidoscope model, developed by Hope Hailey and Balogun, is a framework that provides a comprehensive approach to change...
Types of Strategic Changes
These are four common types of strategic change that organizations may undergo, as identified by Donaldson and O’Toole: In summary,...
Methods of Strategy Delivery
A. Do it Yourself: “DIY (Do-It-Yourself) Strategy Delivery” approach involves a company developing and implementing its strategy on its own,...
Drivers for Diversification of Business
Drivers for diversification refer to the factors that motivate an organization to expand its operations beyond its core business or...
The Directional Policy (GE-McKinsey) Matrix
The Directional Policy (GE-McKinsey) Matrix is a strategic planning tool used to evaluate a company’s business portfolio and determine which...
