Strategic planning Introduction to Strategic Planning Strategic planning is the systematic process through which organizations define their vision, mission, and long-term goals, and then devise a set of actionable strategies
Environmental analysis Introduction to Environmental Analysis: Environmental analysis is a critical component of strategic planning in business and management. It involves the systematic examination of the external and internal factors
Strategy formulation Introduction to Strategy Formulation: Strategy formulation is a critical phase in the strategic management process. It involves the development of a clear and effective strategy that aligns with
Strategy Implementation Introduction to Strategy Implementation: Strategy implementation is the phase in the strategic management process where organizations take concrete actions to put their strategic plans into practice. It involves
Strategy Evaluation Introduction to Strategy Evaluation: Strategy evaluation is the final, crucial phase in the strategic management process. After a strategy has been formulated and implemented, organizations must assess its
Corporate Social Responsibility (CSR) Introduction to Corporate Social Responsibility (CSR): Corporate Social Responsibility (CSR) is a business approach that emphasizes an organization's commitment to ethical, social, and environmental responsibilities beyond
Strategic Leadership Introduction to Strategic Leadership: Strategic leadership is a critical aspect of effective management, encompassing the ability to envision and communicate a compelling strategic direction for an organization while
Competitive Advantage Introduction to Competitive Advantage: Competitive advantage is the strategic edge that a company possesses over its competitors in the marketplace. It is the unique combination of resources, capabilities,
Industry Analysis Introduction to Industry Analysis: Industry analysis is a systematic process of examining the structure, dynamics, and competitive forces within a specific industry or market. It helps organizations gain
Resource-based View of the Firm Introduction to Resource-based View of the Firm (RBV): The Resource-based View of the Firm (RBV) is a strategic management framework that focuses on the internal