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.

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...

The Positioning School of Strategy Formation is one of the ten schools of thought on strategy formation proposed by Henry Mintzberg,

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...

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...

What are Mintzberg's Five Configuration of Strategic Management? · Operating Core · Strategic Apex · Middle-Level Managers · Technostructure · Support Staff.

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...

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.

This Video Explains Motivational Orientation in a Negotiation

This Video Explains Mitigating the Effects of Social Comparison in a Negotiation

According to Henry Mintzberg, the three most typical approaches, or mode of strategic decision making are entrepreneurial, adaptive and planning.

It concerns an appraisal of an organization's resources and capabilities in the context of value creation opportunities and other external developments. Resources are the organization's assets, knowledge and skills. Capabilities can be...

The resource-based view (RBV) argues that a firm's sustained competitive advantage is based on its valuable, rare, inimitable, and nonsubstitutable resources (Barney, 1991). The capability of firms to create or acquire these resources...

Resource dependence theory is the study of how the external resources of an organization affect the behavior of the organization. The procurement of external resources is an important tenet of both the strategic and tactical management...

The razor-razorblade model is a pricing tactic in which a dependent good is sold at a loss (or at cost) and a paired consumable good generates the profits.

Profit Oriented Pricing Strategy

Price Skimming

Price Corridor of the Mass is a tool managers can use to determine the right price to unlock the mass of target buyers.

Also, Mintzberg (1985) classifies the political games played at organizations, as: insurgency, disapproval of insurgency, power building, nullifying rivals, etc.

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.

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.

the interaction or cooperation of two or more organizations, substances, or other agents to produce a combined effect greater than the sum of their separate effects.

Strategy implementation is the process used to ensure a strategic plan is executed. It involves translating the high-level goals and objectives outlined in a company's strategic plan into specific actions and initiatives that can be...

Use Hambrick and Fredrickson's strategy diamond to build a strategy that aligns arenas, vehicles, differentiators, staging, and economic logic.