Strategic Management

ETOP Analysis Environmental scanning is the monitoring, evaluating, and disseminating of information from the external and internal environment to key...

Inventory appears in current asset in an organization’s balance sheet. It is a major activity of any business operation. For...

Unfreeze-Change-Refreeze Kurt Lewin was a German-American psychologist, known as one of the modern pioneers of social, organizational and applied psychology in the United States. Lewin...

Use decision cycle for precision Decision making is the process to select a course of action from a number of...

Use Balanced Scorecard for effective strategic implementation Emerging out of the worst economic downturn in its history, Tolko Industries Ltd....

Henry Mintzberg’s 5 Ps for strategy Henry Mintzberg is an internationally acclaimed academician and author on business and management. He...

Want to Innovate? Use Design Thinking The concept of design thinking can be described as a "way of thinking." Herbert...

Changing and Aligning of Vision and Mission Statements Mission Statement A mission statement describes the overall purpose of an organization....

Trouble-free Brand Integration Is a Must in M&A Mergers and acquisitions is common practice in the business world. It allows...

Porter’s Generic Strategies In 1980 Michael Porter described three generic strategies which a company of any size (small, medium or...