Question
Some other models for ideological and practical analysis of an organization include the PESTEL Analysis, which considers Political, Economic, Social, Technological, Environmental, and Legal factors affecting an organization. The Value Chain Analysis, which breaks down the organization's activities to understand the behavior of costs and the sources of differentiation. The Balanced Scorecard, which provides a balanced view of the organization by looking at financial, customer, internal process, and learning and growth perspectives. The Ansoff Matrix, which helps an organization decide their product and market growth strategy. And the BCG Matrix, which helps with the analysis of product lines or business units in terms of their market share and market growth.
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- a framework developed by Michael Porter at Harvard Business School, which focuses mainly on an industry analysis for a strategic plan. The 4 Ps – a marketing framework that forms factors around products' and services' marketing workflows and processes. – an organizational model created by Tom Peters and Robert Waterman, which concentrates on a venture's strategic vision and its internal design. (Strengths, Weaknesses, Opportunities, Threats) – a model for ideological and practical analysis of an organization to improve strategic planning operations. (RCA) – a process for identifying "root causes" of problems or events and an optimal approach for effective responses to them. – a process of comparing a company metrics to the metrics of the competition or progressive companies outside the industry. – a framework for following core aspects of business strategy and for facilitating improvement. The BCG Growth-Share Matrix – a quadrant matrix, developed by Boston Consulting Group (BC...
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