Porter's model that identifies how firms can compete based on cost, differentiation, and focus.
Porter's Three Generic Strategies
This analysis examines external macroeconomic factors
What is PESTLE Analysis?
A strategic analysis that identifies internal and external opportunities and threats for a company or project.
What is SWOT Analysis?
This tool is used to categorize inventory (suppliers) or distributors (customer) based on its importance, focusing on category levels based on the 80/20 rule.
What is ABC Analysis?
This technique involves identifying forces that are driving or restraining a particular decision or change.
What is Force Field Analysis?
This force looks at how much power customers have to drive down prices.
What is Buyer Power?
This model analyzes a company's position in the market using a matrix that shows relative market share and market growth.
What is the BCG Matrix?
A model that looks at cultural dimensions like individualism versus collectivism, power distance, and uncertainty avoidance.
What are Hofstedeās Cultural Dimensions?
This technique uses percentages to rank items based on their importance and select the most impactful ones to focus resources. (80/20)
What is Pareto Analysis?
A decision-making matrix that helps compare different options based on various criteria and weight
What is Grid Analysis?
The likelihood that new competitors will enter the market is addressed by this force.
What is Threat of New Entrants?
This theory focuses on how managers view strategic positioning, from planning to positioning in the market.
What are Mintzberg's 5 P's?
This analysis is used to understand the future impact of a trend or decision by visualizing the consequences of possible actions.
What is the Future's Wheel?
This economic principle involves comparing the additional benefits and costs of a decision to determine the optimal level of activity.
What is Marginal Analysis?
A decision-making approach that uses anonymous rounds to reach a consensus among experts.
What is the Delphi Approach?
This model helps a company assess its activities to create value and gain competitive advantage.
What is the Value Chain?
This framework focuses on four perspectives: financial, customer, internal processes, and learning & growth.
What is the Balanced Scorecard?
A decision-making tool that helps analyze complex situations by considering various perspectives of risk and uncertainty.
What is Stacey Matrix?
A decision-making tool that involves comparing alternatives based on a set of criteria to help make a choice.
What is Paired Comparison Analysis?
A theory that explains how decisions are often messy and influenced by the randomness of factors, by including opportunities, solutions and problems mixed together
What is the Garbage Bin Model?
A framework that explains how national competitive advantage is created. It looks at factors like factor conditions, demand conditions and chance.
What is Porter's Diamond Model?
This model helps businesses decide on growth strategies based on existing products and new markets.
What is the Ansoff Matrix?
This tool is used to assess the core strengths and abilities that differentiate a company in its market.
What is Core Competency?
This analytical method applies mathematical models, statistics, and algorithms to help organizations optimize decision-making and resource allocation.
Operations Research
This structured decision-making method helps groups generate and prioritize ideas by having individuals brainstorm silently before discussing and voting.
What is Nominal Group Technique (NGT)?