Category: Strategy

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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...

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Strategic Business Unit (SBU)

According to management scholar Kenneth R. Andrews, a strategic business unit (SBU) is a “separate, identifiable part of a company that formulates its own strategy and is accountable for its own results.” An SBU...

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Corporate Social Responsibility (CSR)

Corporate Social Responsibility (CSR) is a business practice that involves companies taking responsibility for their social, environmental, and economic impacts on society. It is a voluntary initiative that goes beyond legal and regulatory requirements...

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...