Category: Strategic Management

What is Institutional Theory?

Institutional Theory is a strategic framework that examines how external social, cultural, and regulatory forces shape organizational behavior.…
What is a MABA Analysis?

MABA Analysis, short for Market Attractiveness / Business Attractiveness, is a strategic portfolio evaluation tool used to assess…
What is Complexity Theory?

In traditional management paradigms, organizations are often viewed as machines, predictable, controllable, and optimizable through linear cause-effect logic.…
What is Systems Thinking?

In an increasingly interconnected and dynamic business landscape, traditional linear thinking often fails to capture the complexity of…
What is the Three Horizons Framework?

Originating from McKinsey & Company, the Three Horizons Framework is a strategic tool designed to help businesses systematically…
What is Scenario Planning?

Scenario Planning is a strategic management tool used to help organizations anticipate and prepare for multiple plausible futures.…
What is Mintzberg’s Emergent Strategy?

Traditional strategic management often emphasizes deliberate strategy, a top-down, planned approach where senior leaders define objectives and allocate…
What is the McKinsey 7-S Model?

The McKinsey 7-S Model, developed by Tom Peters and Robert Waterman while working at McKinsey & Company in…
What is Agency Theory?

Agency Theory examines the relationship between principals (owners or shareholders) and agents (managers or executives) who are delegated…
What is Transaction Cost Economics (TCE)?

Transaction Cost Economics (TCE), developed by Ronald Coase and expanded by Oliver Williamson, explores why firms exist and…