Key Models
Boost performance, prepare for change and implement effective strategies
Strategy
StrategyThe BCG growthshare matrix
The BCG ‘growth-share matrix’ is a simple model to help with priorities
StrategyBlue ocean strategy
Emotional intelligence is the ability to monitor your own and other people’s emotions
StrategyFive forces analysis
This is a way of analysing the attractiveness of an industry
StrategyGame theory: the prisoner’s dilemma
Game theory provides a set of models, such as the ‘prisoner’s dilemma’, which help a firm plan its strategy, taking all such factors into account
StrategyGeneric strategies
Generic strategies are the basic choices firms make – low cost, differentiated, focused – that enable them to develop competitive advantage
StrategyThe McKinsey 7S framework
Emotional intelligence is the ability to monitor your own and other people’s emotions
StrategyCorporate strategy: parenting advantage
Parenting advantage is a way of making sense of the portfolio of businesses within such a firm, and identifying which businesses to focus on
StrategyCore competence and the resourcebased view
These models help a firm to understand and to develop their internal capabilities so that they become a source of competitive advantage
StrategyCorporate social responsibility: the triple bottom line
making CSR practical is to think about your ‘triple bottom line’ – making money for your shareholders, while also measuring the contribution you make to the communities you operate in, and to the sustainability of the planet’s scarce resources
StrategyThe ambidextrous organisation
For a firm to be successful over the long term, it has to be profitable today while also investing in its future
