Core competencies are the fundamental capabilities that differentiate a company from its competitors and provide a strategic edge in the marketplace.
Posts tagged as “Strategic Analysis”
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.
SWOT Analysis is a tool that equips businesses with a comprehensive framework to assess internal strengths and weaknesses, and external opportunities and threats.
Strategic Analysis refers to analyzing where the business is now by looking at its current situation, and where it aims to be in the future.
Without strategic management, business decision would be made only within each functional department, and without considering external constraints.
Strategy is important in business organizations of all sizes ranging from commercial for-profit-only businesses to social not-for-profit business organizations.