Category: Analytical Tools

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Bowman’s Strategy Clock

Bowman’s Strategy Clock is an adaptation of Porter’s generic strategies that offers a more nuanced and detailed framework for developing competitive strategies. It was developed by Cliff Bowman, a British strategy expert, and is...

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Porter’s Generic Strategies

Porter’s generic strategy is a framework developed by Michael Porter that describes three basic strategies that a business can adopt to achieve and sustain competitive advantage. These strategies are based on a company’s relative...

SWOT Analysis 0

SWOT Analysis

Concept: SWOT is a conceptual framework for a systematic analysis that helps organize the external threats and opportunities with the internal weaknesses and strengths of the organization. SWOT analysis is the simplest way to...

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Value Chain Analysis

Value chain analysis was first introduced by Michael Porter in his book “Competitive Advantage: Creating and Sustaining Superior Performance” in 1985. Porter is a renowned scholar and strategist who has made significant contributions to...

VRIN Analysis 0

VRIN Analysis

VRIN analysis is a framework for evaluating the strategic resources and capabilities of a business to determine whether they provide a sustained competitive advantage. VRIN stands for Valuable, Rare, Inimitable, and Non-substitutable. Valuable: Resources...

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Ansoff’s Product-Market Matrix

The Ansoff Matrix is a strategic planning tool developed by Igor Ansoff, a Russian-American mathematician and business theorist. The matrix is designed to help businesses identify new growth opportunities by analyzing four strategic options....