Porters 5 Forces
Porter’s Five Forces is a framework developed by Michael Porter to analyze the competitive forces within an industry. It identifies five key factors—threat of new entrants, bargaining power of buyers, bargaining power of suppliers, threat of substitute products or services, and intensity of competitive rivalry—that shape the level of competition and profitability in a given market.
BCG Growth Matrix
The BCG Growth-Share Matrix, created by the Boston Consulting Group, is a strategic business analysis tool. It categorizes a company’s product portfolio into four quadrants—Stars, Cash Cows, Question Marks, and Dogs—based on relative market share and market growth rate, helping management allocate resources effectively and make informed investment decisions.
GE-McKinsey Nine box matrix
The GE/McKinsey Nine-Box Matrix is a strategic management tool that evaluates business units based on two factors: industry attractiveness and business unit strength. It classifies units into nine cells, guiding companies in resource allocation, investment decisions, and strategic planning by providing a comprehensive view of the overall portfolio and suggesting appropriate strategies for each business unit.
Ansoff Matrix
The Ansoff Matrix is a strategic planning tool that outlines four growth strategies for businesses – market penetration, market development, product development, and diversification, providing a framework for companies to consider various approaches to expand and grow.
Scenario Planning
Scenario planning is a strategic foresight technique that involves the creation of multiple plausible future scenarios to help organizations anticipate uncertainties and prepare for different possible outcomes.
Value Chain Analysis
Value chain analysis involves breaking down a company’s activities into primary and support activities to identify areas where value is created. By examining each step in the production and delivery process, businesses can optimize their operations, reduce costs, and gain a competitive advantage by understanding how each activity contributes to the overall value of the final product or service.
Price Corridor of Mass
The Price Corridor of the Target Mass, aids managers in determining the optimal price to appeal to a broad target audience. This strategic pricing tool involves identifying a price corridor, selecting a level within it, and considering factors such as legal protection and resource exclusivity to prevent imitation by competitors.
MECE
The MECE (Mutually Exclusive, Collectively Exhaustive) framework is a structured problem-solving approach that ensures information is organized in a way where categories do not overlap (mutually exclusive) and together cover all possible options (collectively exhaustive).
McKinsey 7S
The McKinsey 7S Framework is a management model that identifies seven interconnected elements critical for organizational effectiveness: Strategy, Structure, Systems, Shared Values, Skills, Style, and Staff.
PESTEL analysis
PESTEL analysis is a strategic framework that evaluates the external macro-environmental factors affecting an organization. It examines Political, Economic, Social, Technological, Environmental, and Legal factors to assess their impact on business operations and decision-making.
Blue Ocean Strategy
Blue Ocean Strategy is the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. It is about creating and capturing uncontested market space, thereby making the competition irrelevant.
The Three Horizon Model
The Three Horizons Model is a strategic framework that was developed by McKinsey & Company to help organizations manage their innovation and growth strategies over different time horizons. Horizon 1 focuses on core business & short term gains, Horizon 2 involves developing emerging opportunities for mid-term growth, and Horizon 3 focuses on creating entirely new business opportunity for long term growth
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