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7 Perspectives Of Management By Henry Mintzberg
The field of management theory and practice has greatly benefited from the outstanding work of Henry Mintzberg, a distinguished Canadian management expert. Mintzberg's noteworthy contributions include the recognition and explication of the 7 Perspectives of Management, which provide a wealth of information about the complex and ever-changing duties and accountabilities that come with being a manager.
Enterneering® Process at a Glance
Enterneering® does not describe a one-off process, but rather the continuous work of company management on the further development and transformation of the company in its core areas of culture, people, and organisation. Nevertheless, four development phases can be methodically derived: aligning awareness, initial application, initial expansion, and continuous improvement.
Mastering Strategy: The Essence of STEP Analysis
The STEP Analysis, a potent strategic management tool, traces its origins to the world of business academia. It stands on the shoulders of giants like Igor Ansoff, Michael Porter, and Harry Mintzberg. The STEP acronym represents Societal, Technological, Economic and Political factors, emphasizing the critical external elements that influence an organization’s strategic decisions.
OKR Tableau for Strategic Management
Objectives and key results (OKRs) is a goal-tracking framework through which key metrics can be tracked and reported via Tableau, a data visualization software. It is an innovative strategic management tool that emerged from the collaboration of leading strategy experts and data visualization specialists. Rooted in the principles of data-driven decision-making, it has quickly gained prominence as a transformative solution for modern businesses.
Strategic Management with Strategy Mapping
Strategy Mapping is a dynamic tool in the world of Strategy Management that was born from the works of Kaplan and Norton, the creators of the balanced scorecard, in the early 1990s. It evolved as a response to the need for a more comprehensive and adaptable approach to strategic planning.
The 5 Power Model by Porter
The 5 Power Model, a cornerstone of strategic management, traces its roots to the prolific work of Michael E. Porter, a renowned Harvard business school professor and strategy guru. Porter introduced this model in the 1980s, cementing his status as a leading authority in the field of strategic planning.
The Power of SWOT Analysis
SWOT Analysis, an acronym for Strengths, Weaknesses, Opportunities, and Threats was first introduced in the 1960s as a strategic planning tool by Albert Humprey and his team at the Stanford Research Institute. Since then, SWOT Analysis has been a cornerstone of strategic management.
Understanding the Balanced Scorecard System
In the continuously developing realm of commerce, enterprises persistently search for efficient methods to assess and direct their operations. The Balanced Scorecard (BSC), a strategic performance management system, has surfaced as a transformative tool.
Unleashing Strategic Insights: The BCG Matrix
The BCG Matrix, which is also known as the Boston Consulting Group Matrix, is a renowned strategic management tool developed by the Boston Consulting Group in the early 1970s. It was designed to assist businesses in analyzing their product portfolios and making informed strategic decisions.