Porter’s Five Forces
Porter’s Five Forces is a simple but powerful tool for understanding the competitiveness of your business environment, and for identifying...
Category: Management
Growth Share (BCG) Matrix
The BCG Matrix, also known as the Boston Consulting Group Matrix, is a strategic planning tool that helps businesses analyze...
McKinsey’s 7s Model
The model was developed in the late 1970s by Tom Peters and Robert Waterman, former consultants at McKinsey & Company....
Strategist & Strategic Planner
A strategist is someone who formulates and implements plans and actions in order to achieve specific goals or objectives. They...
Organizational Scope and Purpose
Organizational scope refers to the range and diversity of products, services, markets, and geographic locations in that an organization operate....
Mintzberg’s 10 School of Thought
Mintzberg’s 10 schools of thought is a classification framework of different theories, approaches, and perspectives on management. It was proposed...
Strategy, Mission, Vision, and Objective of a Company
The mission, vision, and objectives of a business are all important components of the overall business strategy. The mission, vision,...
Component of Business Plan
A business plan is a comprehensive document that outlines a company’s goals and strategies for achieving those goals. It serves...
Prescriptive (Deliberate or Intended) & Emergent Strategy
Prescriptive (or deliberate) strategy Prescriptive (or deliberate) strategy refers to a strategic approach that is carefully planned and intentionally designed...
An Introduction to Management
Concept of Management: Management refers to the process of planning, organizing, directing, and controlling the activities of an organization in...
