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The strategic environment can significantly impact business outcomes. It can determine the most effective strategies for a business to adopt, influence decision-making processes, and shape the overall direction of a business. Understanding the strategic environment can help businesses to navigate challenges, seize opportunities, and ultimately achieve their objectives.
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With such an abundance of strategic frameworks to choose from, it's easy to get overwhelmed with options. Harvard Business Review (HBR) recommends using a "strategy palette" when navigating different options and choosing a framework based on the strategic environment. The five strategy environments, according to HBR, are:
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Learn from some of the most useful and popular business strategies and frameworks from our compilation. Apply the content, diagram, and graphs from th...