Two distinct strategic approaches have emerged where competition is a constant current: the red ocean strategy and the blue ocean strategy.
Posts published in “GROWING A BUSINESS”
Return on Capital Employed (ROCE) serves as a beacon for businesses navigating the complexities of strategic decision-making.
Here is where Decision Trees emerge as powerful tools, offering a structured approach to navigate these complex situations.
The Fishbone Diagram is a powerful tool that empowers businesses to systematically dissect problems and identify their root causes.
Force Field Analysis (FFA), developed by social psychologist Kurt Lewin, offers a powerful tool to navigate the complexities of change.
Here is where Investment Appraisal emerges as a critical tool, equipping businesses with a framework to analyze potential investments.
The Ansoff Matrix, developed by Igor Ansoff, serves as a strategic compass, guiding businesses towards effective growth strategies.
Benchmarking is a structured process that involves meticulously identifying Key Performance Indicators (KPIs) relevant to strategic objectives.
In strategic choice, sales forecasting sheds light on the potential future of sales performance of a business organization.
Market Research is crucial for effective decision-making, empowering businesses to gather valuable insights about target audience, competitors, and trends.
Core competencies are the fundamental capabilities that differentiate a company from its competitors and provide a strategic edge in the marketplace.
In strategic analysis, The Porter’s Five Forces Model can help understand and navigate competitive landscape of your business organization.
As analytical tool, The Boston Matrix can serve as a strategic compass for navigating product portfolio in your business organization.
Ratio Analysis can become financial microscope to examine financial health, performance, and efficiency of any business organization.
Vision Statement and Mission Statement can chart the course of the business organization for the future as strategic beacons.
PEST Analysis emerges as a powerful tool for strategic analysis, enabling businesses to assess the macro-environment.