Category: Strategic Management

What are Core Competencies?

The concept of core competencies was introduced by C.K. Prahalad and Gary Hamel (1990) in their seminal Harvard…
What is the GE / McKinsey Matrix?

The GE / McKinsey Matrix (also termed “GE multi-factor model” or “nine-box matrix”) is a strategic planning tool…
What is the BCG Growth-Share Matrix?

The Boston Consulting Group (BCG) Growth-Share Matrix is a strategic framework designed to help companies analyze and manage…
What is the Ansoff Matrix?

The Ansoff Matrix, developed by Igor Ansoff in 1957, is a strategic planning tool that helps businesses identify…
What is Value Chain Analysis?

Value Chain Analysis is a strategic framework developed by Michael Porter in his 1985 book Competitive Advantage. It…
What are Porter’s Five Forces?

Porter’s Five Forces, developed by Michael E. Porter in 1979, is a strategic framework for analyzing the competitive…
What is a SWOT Analysis?

SWOT Analysis is a strategic framework used to evaluate a company’s Strengths, Weaknesses, Opportunities, and Threats. It provides…
What is a Business Vision and Mission Statement?

A business vision and mission statement are essential components of strategic management, shaping the long-term direction and identity…