3 articles with this tag
SWOT Analysis examines your organization's internal Strengths and Weaknesses alongside external Opportunities and Threats. This powerful business tool helps assess efficiency, manage risks, discover opportunities, and improve strategic planning. Simple to conduct yet highly effective for organizational improvement.
The Ansoff Matrix is a strategic planning tool that helps businesses analyze four growth strategies: market penetration, product development, market development, and diversification. Each strategy carries different levels of risk, with diversification being the riskiest approach requiring careful planning and execution.
Organizational strategy is a dynamic long-term plan mapping the route to your goals. Learn how to set SMART goals, choose between Porter's three generic strategies, and develop functional strategies across finance, marketing, sales, production, and human resources to achieve your vision.