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Price Corridor Map
Price Corridor of the Mass is a tool managers can use to determine the right price to unlock the mass of target buyers.
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Politics and Power in an Organization
Power refers to the ability to influence others, while politics refers to the use of power to achieve personal or organizational goals.
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Political Power Games in an Organization
Also, Mintzberg (1985) classifies the political games played at organizations, as: insurgency, disapproval of insurgency, power building, nullifying rivals, etc.
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Pioneer Migrator Settlor Map
The pioneer-migrator-settler map tool guides you to target the area where you have the most to gain by the blue ocean journey and helps you select the right scope for your blue ocean initiative.
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PEST (EL) Analysis
What is a PESTEL Analysis? A PESTEL analysis is a framework or tool used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization, company, or industry.
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Overfished Ocean Strategy
The Over-Fished Ocean strategy is an alternative to red and blue ocean strategies that addresses resource limits and the need to focus on conserving and maximizing resources along the value chain. Resources refers to any of the inputs...
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Organizational Strategy
Organizational strategy is a tool to help businesses structure their resources in a way that supports their business activities.
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Organizational Responses to Environmental Pressures
Organizations often use standard responses to changes in the external environment
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Organizational Dymanics
Organizational Dynamics' domain is primarily organizational behavior and development and secondarily, HRM and strategic management.
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Operational Strategy
An operations strategy refers to the system an organization implements to achieve its long-term goals and mission.
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Niche Market Strategy
A niche marketing strategy is an approach that focuses on serving a particular segment of the market with unique needs and preferences. It involves identifying a specific group of customers with distinct requirements and tailoring...
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Modes of Management
Modes of management include management styles that can be categorized by three major types: Autocratic, Democratic, and Laissez-Faire, with Autocratic being the most controlling and Laissez
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Mobile First Strategy
A mobile-first strategy is one whereby the mobile version of a website is given priority over its desktop version. This practice was relatively rare in the past, but has become increasingly common.
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Mintzberg's Schools of Strategic Development
Prof. Henry Mintzberg proposed that the practice of strategic management observes three main perspectives (or ―streams). Within these streams there are a total of ten different schools of thought concerning how strategist perceive the...
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Mintzberg's Power School of Strategic Development
The Power School of Strategy Formation. This school sees strategy formation as a process of negotiation.
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Mintzberg's Positioning School of Strategic Development
The Positioning School of Strategy Formation is one of the ten schools of thought on strategy formation proposed by Henry Mintzberg,
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Mintzberg's Planning School of Strategy
The Planning school focuses on procedure formalization as a strategy. As such, it takes a planned, procedural approach to strategy development. Strategies results from a controlled, conscious process of formal planning, divided into...
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Mintzberg's Modes of Strategic Decisionmaking
According to Henry Mintzberg, the three most typical approaches, or mode of strategic decision making are entrepreneurial, adaptive and planning.
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Mintzberg's Learning School of Strategy
The Learning School of strategy sees strategy creation as an evolving, emergent process that is driven by learning. Specifically, individuals within an organization develop strategy as they experience situations, learn form them, and...
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Mintzberg's Entrepreneurial School of Strategic Development
The Entrepreneurial school focuses on the company founder or top management as the creators of company strategy.
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Mintzberg's Design School of Strategy
The design school is one of the ten strategic management schools of thought that was coined by Mintzberg et al. The design school views strategy formulation as a process of conception where the central challenge is to establish a fit...
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Mintzberg's Cognitive School of Strategy
The Cognitive School focuses on the creative processes that take place in the mind of the strategist. It is very individualistic, in that that strategist creates a strategy based upon her personal knowledge, experiences, and perceptions.
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Mintzberg's 5Ps of Strategy
Each of the five P's represents a distinct approach to strategy. This includes Plan, Ploy, Pattern, Position and Perspective. These five elements enable a company to develop a more successful strategy.
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McKinsey's 7s Model
The McKinsey 7-S Model is a change framework based on a company's organizational design. It aims to depict how change leaders can effectively manage organizational change by strategizing around the interactions of seven key elements:...