strategic management posts. Management tools for the manager

Eight Dimensions of Quality

by Erika van VeldenQuality ManagementSeptember 20, 2020September 20, 2020

The eight dimensions of quality help producers to meet these expectations. It is a strategic management tool that can be used as a framework to analyse characteristics of quality.

Benchmarking

by Ben JanseMarketingAugust 16, 2020August 21, 2020

Benchmarking is the measurement of an organization’s internal processes and performance data and a comparison with those of related and comparable organizations.

Blue Ocean Strategy (BOS)

by Ben JanseStrategyJuly 27, 2020July 27, 2020

The Blue Ocean Strategy (BOS) is the strategic organizational approach that is based on the principle that companies should not engage in a competitive struggle but that they should focus more on uncontested markets.

Materials Management

by Daniela AvendañoManagementJuly 22, 2020July 22, 2020

Materials Management is a method for planning, organizing and controlling the activities that are related to the flow of materials in a company.

Ansoff Matrix

by Ben JanseStrategyJuly 13, 2020October 5, 2020

The idea behind the Ansoff Matrix is simple; a company or organization gains a clear insight into the possible growth strategies based on the combination of existing and new products and existing and new markets.

Perceptual Map

by Ben JanseMarketingJune 7, 2020August 12, 2020

Perceptual Mapping is the graphical technique used by marketeers to visualize the perceptions and opinions of (potential) customers about products.

Strategic Business Unit (SBU)

by Ben JanseStrategyMay 19, 2020August 21, 2020

A Strategic Business Unit (SBU) is a fully independently operating entity or unit of a business with its own vision and course.

Mission Statement

by Ben JanseStrategyMay 12, 2020July 19, 2020

A mission statement is a brief description of why an organisation exists, what the overall purpose of the organisation is, and what distinguishes it from its competitors.

Resource Allocation

by Ben JanseStrategyApril 29, 2020August 21, 2020

Resource allocation is the process in which a company decides where to allocate scarce resources for the production of goods or services.

Business Transformation

by Ben JanseStrategyApril 26, 2020July 19, 2020

Business transformation is synonymous with change management; a strategy that involves aligning people, processes, and technology with the company strategy.

strategic management