M RahmanAdvantages and disadvantages of franchising This article examines some of the advantages and disadvantages of franchising. Franchising is a business model in which a company…
Definition of organic growth There are certainly many paths to business growth. Organic growth is one of them. It is the primary method of growth…
Ansoff growth matrix is a well-known strategic planning tool. The matrix identifies four potential growth strategies for businesses of any size, and these are market…
Joe DavidDefinition of strategic alliance A strategic alliance is a very useful market entry strategy. It can surely help a company expand into a new market…
Michal Porter’s five forces is an important strategic planning tool. It is a powerful tool that helps strategy analysts understand how competitive their industries…
Advantages and disadvantages of strategic planning This detailed article explores the key advantages and disadvantages of strategic planning. When done correctly, strategic planning can help…
What is BCG matrix? BCG matrix is an important strategic planning tool. It was developed by Bruce D. Henderson for the Boston Consulting Group (BCG)…
Last updated: November 2016 What is strategic planning? Strategic planning is an important topic in strategic management. Organisations engage in strategic planning in order to…
M RahmanLast updated June 2016 Organisations need to carry out a situation analysis before making any strategic decisions. PESTEL is one the tools which many strategic…
Strategies are usually divided into three broad categories, namely corporate strategy, business strategy, and operational strategy. Corporate strategic decisions are taken by the highest level…