PORTERS MODEL FOR INDUSTRY ANALYSIS: Perhaps the best known tool for formulating strategy is the model developed by Michael E. Porter, an internationally acclaimed strategic management expert. Essentially, Porter’s model outlines the primary forces that determine competitiveness within an industry and illustrates how those forces are related. The model suggests that in order to develop […]
Tag: STRATEGY
STRATEGY IMPLEMENTATION & STRATEGIC CONTROL
Strategy Implementation, the 4th step of the strategy management process, is putting formulated strategies into action. Without successive implementation, valuable strategies deeloped by managers are virtually worthless. The successful implementation of strategy required 4 basic skills: INTERACTING SKILL ALLOCATING SKILL MONITORING SKILL ORGANIZING SKILL INTERACTING SKILL: Interacting Skill is the ability to manager people during […]
Strategy Forumulation: GE Multifactor Portfolio Matrix
GE Multifactor Portfolio Matrix: GE Multifactor Portfolio Matrix is a tools that helps managers develop organizational strategy that is based primarily on market attractiveness and business strengths. The GE Multifactor Portfolio was deliberately designed to be more complete than the BCG Growth Share Matrix. Each of the organization’s SBUs are plotted on a 2 dimensional […]
STRATEGY PLANNING – ENVIRONMENTAL ANALYSIS
The 1st step of the strategy management process is environmental analysis. An organization can only be successful if it is appropriately matched to its environment. ENVIRONMENT ANALYSIS is the study of the organizational environment to pinpoint environmental factors that can significantly influence organizational operations. MANAGERS commonly perform environmental analyses to help them understand what is […]
FUNDAMENTALS OF STRATEGIC PLANNING
STRATEGIC PLANNING: Strategic Planning is the long range planning that focuses on the organization as a whole. In doing strategic planning, managers consider the organization as a total unit and ask themselves what must be done in the long term( 3 to 5 years) to attain organizational goals. In strategic planning, managers try to determine […]
ETHICS IN THE MARKET – Theories and Definitions
PERFECT COMPETITION: A free market in which no buyer or seller has the power to significantly affect the prices at which goods are being exchanged. PURE MONOPOLY: A market in which a single firm is the only seller in the market and which new sellers are barred from entering. OLIGOPOLY: A market shared by a […]
THINGS TO CHECK IN A BUSINESS PLAN
We have been consulting an investor ( a strategic VC Operations) on investing in various projects. Common findings: The entrepreneurs who had approached the investors were operating more from their gut feelings than from data. They are very optimistic about their future prospects, even though they have been facing tough times for a long time. […]
TOWS – Threat, Opportunity, Weakness, Strengths
SWOT has been the standard approach for any business analysis and personal analysis. Now the trend is to look at the Threats first, and hence the reverse approach to start with T O W S. SWOT can be said to be Inside out way of thinking and TOWS can be said to be the outside […]
Recommended Readings for Recession Times
If you have not read by now, or even if you have read it once, good time to re- read the extra ordinary book and concept by Management Guru – C.K. Prahlad – “The Fortune at the Bottom of the Pyramid”. The biggest innovations in the management field have been the new, out of the […]
Profile for Your Reference
manoj_onkar_-_president coo ceo director Also check http://www.linkedin.com/in/manojonkar Write to manojonkar@gmail.com; managementinnovations2020@gmail.com; 919375970812
What is your vision? What is your dream?
What is your dream and vision for your organization, we are here to support you in fulfilling the same. Write to us on managementinnovations2020@gmail.com If you want support in articulating your vision? Getting clear on the plans for your business? or creating strategies for your business growth or dealing with any other challenges like Marketing/Sales/HR/Systems/Processes/Training feel […]
SALES, MARKETING & MARKET RESEARCH (Make your company recession proof)
Sales, marketing, market research are a dynamic cycle of continuous study and implementation. Researching the various target customers based on our best ability to serve their needs in the most effective manner, creates a great relationship between the customers and the company. As the customer needs keep changing, mapping the needs on a regular basis, […]
Strategy Creation – SWOT, TOWS & Blue Ocean Thinking
Strategy creation begins with SWOT or actually better is TOWS i.e. SWOT in reverse. Starting with Threats, Opportunities, Weakness and Strengths. As we facilitate the TOWS analysis, you will see lot of inputs on which you can create the strategy. Industry Analysis, Competition Analysis and Blue Ocean Thinking. Organizational Strategy will also include product strategy, […]
Terms and Conditions for FREE Consulting Services
Terms and Conditions for FREE Consulting Services: Consulting Services available will include Consulting,Mentoring,Coaching, Training, Counselling. All companies and individuals requesting the FREE Consulting will be sending the details of their company and the topics on which they want these advisory services by email or on the blogs. For any further clarity on any of the […]
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