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Key metrics serve as vital signposts that guide businesses on their journey toward fulfilling their
The BCG Growth-Share Matrix is a strategic planning tool that was developed by the Boston Consulting Group in the early 1970s.
The Balanced Scorecard is a strategic planning and management system that organizations use to align business activities with the vision and strategy of the organization.
The Baldrige Excellence Framework is a globally recognized, comprehensive management tool that helps organizations achieve their strategic goals.
The Bass Diffusion Model is a fascinating and highly useful strategic framework that offers a mathematical approach to forecasting the adoption of a new product or innovation within a market.
Benchmarking is a strategic approach that involves comparing one's business processes and performance metrics to industry bests or best practices from other industries.
The Blue Ocean method is a strategic framework that encourages businesses to create new market space or "Blue Ocean" rather than compete in existing industries.
The term 'Business Scope' refers to the areas of expertise and the range of activities that a business is involved in. It outlines the extent of operations and the breadth of its reach in its industry
A business model is a conceptual structure that supports the viability of a business and explains how it operates, makes money, and how it intends to achieve its goals.
A business strategy is a long-term plan of action designed to achieve a particular set of goals or objectives. It is a roadmap that guides businesses from where they are now to where they want to go.
At its core, competitive advantage is about being different. It's about distinguishing your business from others in the marketplace in a way that is valuable to customers.
Core competency is a combination of multiple resources and skills that distinguishes a firm in the marketplace. It's about recognizing the unique capabilities that give your company a competitive edge
Corporate strategy is the lifeblood of any large organization. It is the blueprint that guides a company's decisions and actions, ensuring it stays on course towards its objectives.
The Cradle to Cradle (C2C) concept is a revolutionary approach to strategic planning that emphasizes the importance of creating systems that are not only efficient but also essentially waste-free.
Curry's Client Pyramid is a strategic framework that allows businesses to categorize their customers based on their value and potential for growth.
Disruptive innovation refers to a process where a smaller company is able to successfully challenge established incumbent businesses by introducing innovations that disrupt the market.
The EFQM Model is a globally recognized management framework that allows organizations to achieve success by measuring where they are on the path to excellence, helping them understand the gaps and st
The Eight Phases of Change is a strategic framework that guides organizations through the process of implementing change.
The Growth Model is a strategic framework that is crucial for any organization aiming to expand and evolve.
The 'Hierarchy of Needs' is a strategic framework that has been widely applied in various fields, including business, education, and psychology.
Hofstede's Dimensions are a set of cultural dimensions that provide a framework for understanding the impact of culture on the behavior of people in organizations.
The industry cost curve is a strategic tool that provides a visual representation of the costs associated with different levels of production in a specific industry.
Key Performance Indicators are measurable values that demonstrate how effectively a company is achieving key business objectives. They serve as a navigational tool, guiding businesses towards success.
MABA stands for Market Attractiveness-Business Assessment. It is a matrix that helps organizations to evaluate their business units or product lines to make strategic decisions.
Market segmentation involves dividing a broad target market into subsets of consumers who have common needs and priorities, and then designing and implementing strategies to target them.
A mission statement is a brief description of a company's fundamental purpose. It answers the question, "Why does our business exist?"
Network Analysis is a powerful strategic tool that allows businesses to visualize and understand the complex relationships within their organization, industry, or market.
At its core, Operational Strategy is about making the most of what you have. It's about aligning your resources, processes, and systems with your strategic objectives.
Opportunity Segments Mapping is a strategic framework that allows businesses to identify, analyze, and prioritize potential opportunities in their market.
Organizational configuration is a strategic framework that refers to the arrangement and interplay of various elements within an organization.
PESTEL Analysis is a strategic framework that allows businesses to understand the macro-environmental factors that can impact their operations.
Porter's Five Forces is a powerful strategic framework that allows businesses to understand the competitive forces in their industry.
The Purchasing Model is a strategic framework that guides businesses in making effective and efficient purchasing decisions.
The process of resource allocation involves making decisions about the deployment of resources such as time, money, and personnel to maximize the organization's performance chance of success.
Risk-Reward Analysis is a strategic framework that plays a crucial role in decision-making processes across various business sectors.
The SWOT Analysis is a strategic planning tool that stands for Strengths, Weaknesses, Opportunities, and Threats. It is a framework that helps inform decision-making.
Schein’s Three Levels of Culture is a strategic framework that provides a comprehensive understanding of organizational culture.
Six Sigma is a highly disciplined, data-driven approach and methodology for eliminating defects in any process – from manufacturing to transactional and from product to service.
The Six Thinking Hats is a powerful tool for decision making and problem-solving, developed by Edward de Bono.
It is a philosophy that focuses on the continuous improvement of processes in manufacturing, engineering, and business management.
The Stage-Gate Model provides a structured approach to move a new product or service from a conceptual idea to a final product launch.
Strategic Dialogue is a crucial component of any strategic framework, acting as the bridge between planning and execution.
Strategic alignment refers to the process of bringing the actions of an organization's business units and employees in line with the organization's planned objectives.
Strategic decision making is a critical component of any organization's success. It involves the process of making choices about the direction of an organization, and is often based on analysis.
The strategic gap is the difference between where an organization currently stands and where it aspires to be in the future. It is this gap that drives the need for strategic planning.
Strategic leadership is a style of leadership that involves making complex decisions for the long-term benefit of an organization. It requires a deep understanding of the organization.
Strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's top management, based on consideration of resources.
Strategic objectives are the stepping stones that guide your business towards its goals. They provide a sense of direction, help to align your team, and offer clear focal points.
Strategic partnerships are a critical component of any successful business strategy. They involve two or more organizations joining forces to achieve common goals, leveraging each other's strengths.
Strategic vision is not just about having a goal. It is about having a clear, compelling, and long-term picture of the future that is grounded in reality but also stretches the organization to strive.
The Strategy Development Mode provides a structured approach to ensuring that organizations are well-equipped to navigate the complexities of the business environment.
Tactical strategy, as the name suggests, involves tactics - the specific actions or steps taken to achieve a short-term goal that supports the overall strategy.
The Value Chain Model, a strategic framework developed by Michael Porter in 1985, is a powerful tool that helps organizations identify their core competencies and derive competitive advantage.
Value Disciplines is a strategic framework that allows businesses to gain a competitive edge in their respective markets.
Value Stream Mapping (VSM) is a strategic framework that visualizes and analyzes the flow of materials and information necessary to bring a product or service to a consumer.
The value proposition is a fundamental cornerstone of any business strategy. It outlines the unique value a company offers to its customers compared to its competitors.
Value-based management (VBM) is a management philosophy that seeks to align a company's operations with its ultimate goal, which is to create value for its shareholders.
