Educating People for Humanity
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...
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...
When formulating strategic choices for sustainable competitive advantage, there are several key factors that organizations need to consider. These factors include: Overall, formulating strategic choices for sustainable competitive advantage requires a deep understanding of...
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...
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...
Strategic management is the process of formulating and implementing strategies that help organizations achieve their goals and objectives. The three core areas of strategic management are:
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...
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...
Financial analysis is the process of evaluating an organization’s financial performance and health. It involves examining financial statements, such as the income statement, balance sheet, and cash flow statement, to understand how the organization...
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...
Formulating Strategic Choices for Sustainable Competitive Advantage
February 16, 2023
Analytical Tools / Management Approach / Strategy
Force field analysis – Change Issues
February 19, 2023
Analytical Tools / HRM / Performance Management
Concept of Performance Improvement Plan
March 7, 2023
