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The common thread between strategy jobs, professions, and careers is that they all involve developing and implementing plans and tactics to achieve specific objectives. Whether it’s developing a long-term business strategy, identifying growth opportunities,...
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....
Porter’s Five Forces is a simple but powerful tool for understanding the competitiveness of your business environment, and for identifying your strategy’s potential profitability. This is useful, because, when you understand the forces in...
The BCG Matrix, also known as the Boston Consulting Group Matrix, is a strategic planning tool that helps businesses analyze their product portfolio in terms of market share and growth potential. The matrix was...
The model was developed in the late 1970s by Tom Peters and Robert Waterman, former consultants at McKinsey & Company. McKinsey’s 7S Model is a framework for analyzing and improving an organization’s effectiveness. The...
A strategist is someone who formulates and implements plans and actions in order to achieve specific goals or objectives. They analyze and interpret data and information, identify strengths and weaknesses, and make decisions based...
Organizational scope refers to the range and diversity of products, services, markets, and geographic locations in that an organization operate. It encompasses the breadth of an organization’s operations and the extent to which it...
Mintzberg’s 10 schools of thought is a classification framework of different theories, approaches, and perspectives on management. It was proposed by Henry Mintzberg, a leading scholar and author on management and organizational behavior. The...
The mission, vision, and objectives of a business are all important components of the overall business strategy. The mission, vision, and objectives serve as the foundation for the development of a company’s strategy by...
Henry Mintzberg, a prominent management theorist, identified five different forms of strategy: In conclusion, these five forms of strategy provide a useful framework for understanding the different ways in which organizations can approach strategy,...
Business / Management / Strategy
Strategy, Mission, Vision, and Objective of a Company
February 14, 2023
Analytical Tools / Management Approach / Strategy
Drivers for Diversification of Business
February 17, 2023
Analytical Tools / Management Approach / Strategy
Drivers for Diversification of Business
February 17, 2023
