Tag Archives | strategy development

Porter’s Five Forces

Porter’s Five Forces analysis is a business framework for industry analysis and business strategy development. It draws upon industrial organization economics to derive five forces that determine the competitive intensity and therefore attractiveness of a market. Attractiveness in this context refers to the overall industry profitability. An unattractive industry is one in which the combination [...]

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Six Thinking Hats

Six Thinking Hats is a book by Edward de Bono. The term Six Thinking Hats is used to describe the tool for group discussion and individual thinking. “Six Thinking Hats” and the associated idea parallel thinking provide a means for groups to plan thinking processes in a detailed and cohesive way, and in doing so [...]

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