STRATEGIC PLANNING TOOLS

Essay specific features

 

Issue:

Business

 

Written by:

Mary T

 

Date added:

April 5, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

15 / 4105

 

Was viewed:

8527 times

 

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Essay content:

While strategic planning requires a significant amount of time and can be quite frustrating, if done properly, it can enable a firm to recognize its most effective position within its industry. There are a variety of perspectives, models and approaches used in strategic planning. The development and implementation of these different tools depend on a large number of factors, such as size of the organization, nature and complexity of the organization's environment, and the organization's leadership and culture...
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The development and implementation of these different tools depend on a large number of factors, such as size of the organization, nature and complexity of the organization's environment, and the organization's leadership and culture. Five strategic planning tools are presented below: the Boston Consulting Group Matrix; the GE Market Growth/Market Share Matrix; SWOT Analysis; Porter's Generic Competitive Strategies; and Porter's Five Forces Model...
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