SWOT analysis is one kind of model of different strategic management models. It is a strategic planning technique used to support an individual or organization. This trick detects the Strengths, Weaknesses, Opportunities, and Threats...
For analyzing a company situation, value chain analysis system is one of the most important Strategic Management Models. Value chain analysis in strategic management is undertaken to evaluate a company’s value chain elements. In...
Michael Porter had major drawbacks of his Porter’s Five Forces Model. To solve the situation, Thompson and Strickland introduce another new strategic management model. This new model is called the Thompson and Strickland Strategic...
For stakeholders of HigherStudy.org; there is written another article base on the strategic management model with examples. If anyone can pinpoint with one of these setups, this article is for him/her Underneath are several...
Managers in a firm/company can use various models for analyzing the industry environment. However, the most widely used model for an industry’s competition analysis is Porter’s 5 Forces or Michael Porter’s Five Forces Model....
At first, we can try to understand the organizational environment before the discussion about the types of organizational environment. Organizational environment is a dynamic and changeable thing. This change appears frequently. Every move stands...
The Prime Minister is the chief advisor of the President. He/She heads the Cabinet Division or Council of Ministers and also takes decisions, who will become cabinet members. The Council of Ministers or Cabinet...
Competitive advantage is the exceptional edge that allows an organization or business company to deal with the marketplace and environmental forces better than its competitors. It derives from strategies that lead to some uniqueness...