Category Archives for Strategy

Mintzberg’s 5 Ps of Strategy

Mintzberg’s 5 Ps of Strategy is a model to which can help you develop your strategy by examining it from five different perspectives. Most people and companies take a very simplistic approach to strategy development. Perhaps they brainstorm their way through a SWOT analysis and then from this try to plot their way to world […]

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Core Competencies Model

The Core Competencies Model was introduced by two business management theorists called Hamel and Prahalad. They introduced the model in a 1990 paper called, The Core Competence of the Corporation. The Core Competencies Model is a strategic tool. Many people believe that strategy is about competing to be the best. It isn’t. It’s about competing […]

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Porter Diamond Model

Michael Porter’s Diamond Model was first published in his 1990 book, The Competitive Advantage of Nations. The model is a strategic economic one. It attempts to explain why one nation is more competitive than another in a particular industry. The model is often used by businesses to analyze the external competitive environment. This information can […]

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GE McKinsey Matrix

The GE McKinsey Matrix, also know as the McKinsey Nine Box Matrix is a strategic tool used for business portfolio planning. A business portfolio is a group of businesses that collectively make up a company. These individual businesses are often referred to as strategic business units (SBUs). As an example of a business portfolio, consider […]

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