5/30/2023 0 Comments Bcg matrix of microsoftPorter’s five forces is a framework that helps an organization understand the intensity of competition in an industry, and its attractiveness and profitability level. When it comes to selecting a strategy framework, you need to consider what type of organization yours is, what you are trying to achieve, and your strengths and weaknesses.īelow we have listed 7 strategic frameworks for businesses, and you can decide which ones to use based on the explanations provided. And strategy consultants often use them to communicate their solutions to their clients. They can also be used to analyze business issues and develop strategies. Strategy frameworks are tools that help structure business thinking and guide businesses as they grow and accomplish their missions. That’s why we have rounded up the most commonly used strategy frameworks from among them to help you select the one that best suits your purpose. There is one for any scenario and there’s a chance that selecting one may actually overwhelm someone new to the field.
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