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featured management models

three generic strategies: Porter, Michael E.
 

three generic strategies

Porter, Michael E.

  • topic: strategic management
  • period: 1980
Michael Porter regarded the selection of a defendable position within an industry as the end result of a competitive strategic analysis. He argued that successful, profitable companies generally choose to compete on either low costs or by differentiating their products to meet specific customer needs. Although these two strategic options are mutually exclusive,...
 
gods of management: Handy, Charles B.
 

gods of management

Handy, Charles B.

  • topic: culture & internationalisation and leadership & management
  • period: 1978
The British management writer, Charles Handy, classified organisational culture by the power of individuals' roles and functions within an organisation. He identified four archetypes: 1. ZEUSor Club Culture. Power is concentrated in the hands of one individual, the top boss. Control radiates from the centre's use of personal contacts...
 
value chain analysis: Porter, Michael E.
 

value chain analysis

Porter, Michael E.

  • topic: finance & accounting, marketing & sales, org. design & development and strategic management
  • period: 1985
Michael Porter published the Value Chain Analysis in 1985 as a response to criticism that his Five Forces framework lacked an implementation methodology that bridged the gap between internal capabilities and opportunities in the competitive landscape. This framework focused on industry attractiveness as a determinant of the profit potential of all companies...
 
swot analysis: Andrews, Kenneth R., Christensen, C. Roland, Guth, William D., Learned, Edmund P.
 

swot analysis

Andrews, Kenneth R., Christensen, C. Roland, Guth, William D., Learned, Edmund P.

  • topic: marketing & sales and strategic management
  • period: 1966
SWOT analysis was developed by the middle of the 1960s for large organisations to determine the strategic fit between an organisation's internal, distinctive capabilities and external possibilities and to prioritise actions. SWOT stands for Strengths, Weaknesses, Opportunities and Threats. In the early 1950s, two professors of business policy at Harvard,...