Exploratory Factor Analysis

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ValueReporting Framework

The ValueReporting Framework, now known as the Corporate Reporting Framework, is a business approach developed by PricewaterhouseCoopers (PWC) for measuring and managing corporate performance and structuring communications about that performance. It identifies information that all industries and companies share in common: market overview, strategy and structure, managing for value, and performance, all underpinned by relevant performance [...]

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Three Dimensional Business Definition

The Three Dimensional Business Definition framework from Harvard Professor Derek F. Abell is a model that can be used for defining the business of a company. The definition of a business is an issue that should not be taken lightly. In his book “Defining the Business – The Starting Point of Strategic Planning” Abell says [...]

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Competitive Advantage Framework

Competitive Advantage is a business theory proposed by Michael Porter in 1985. This theory suggests that states and businesses should pursue policies that create high-quality goods to sell at high prices in the market. Porter emphasizes productivity growth as the focus of national strategies. Competitive Advantage rests on the notion that cheap labor is ubiquitous [...]

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PEST Analysis

PEST analysis (Political, Economic, Social and Technological analysis) describes a framework of macro-environmental factors used in the environmental scanning component of strategic management.    Strategy consultants use PEST analysis to scan the external macro-environment in which a firm operates. PEST is an acronym for the following factors: Political factors are basically to what degree the [...]

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Twelve Principles of the Network Economy

In a superb and revolutionary article in Wired, Kevin Kelly described the Twelve Principles of the Network Economy.  (Read New Rules of the New Economy here.) According to Kelly, the emerging new economy represents a tectonic upheaval in our commonwealth, a social shift that rearranges our lives. More than mere hardware or software ever can. [...]

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BCG Growth-Share Matrix

The BCG Growth-Share Matrix (aka B-Box, B.C.G. analysis, BCG-matrix, Boston Box, Boston Matrix, Boston Consulting Group analysis, portfolio diagram) is a chart that had been created by Bruce Henderson for the Boston Consulting Group in 1970 to help corporations with analyzing their business units or product lines. This helps the company allocate resources and is [...]

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Blue Ocean Strategy

Blue Ocean Strategy is growth strategy framework focused on the idea of creating an uncontested market space–i.e. a “blue ocean.” This framework is very innovative, as its principles challenge the conventional business strategy principles of fighting competitors head-on. The Blue Ocean Strategy framework evolved from a framework called Value Innovation developed by Gemini Consulting (now Capgemini [...]

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Rule of Three

What is the Rule of Three? The Rule of Three method from Jagdish Sheth and Rajendra Sisodia holds that 3 big companies will evolve/adapt to dominate any industry. Name the players in almost any industry; from airlines (United, America, and Delta) to fast food (McDonalds, Burger King and Wendy’s) and you’ll find that 3 is [...]

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Delta Model

Delta model is a customer-based approach to strategic management. Compared to a philosophical focus on the characteristics of a product (product economics), the model is based on customer economics.   The Delta Model is a strategy framework that was developed by Dean Wilde, along with other members of Dean & Company, and Arnoldo Hax of the [...]

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