A strategy canvas is a line graph that plots a business's key factors (such as price, customer service, convenience, etc.) against the level to which those factors meet customer needs. The key factors are set on the horizontal axis (x),...

Strategy is a plan of actions that fit together to reach a clear destination. That destination is dictated by a set of decisions that sets the organization apart from its competitors, derives from the organization's unique...

Strategic maneuvering in argumentative discourse consists in reconciling two simultaneous tendencies: aiming for effectiveness and maintaining reasonableness.

What is Strategic Cost Management? Strategic Cost Management is an approach focusing on making a business more competitive by reducing costs of operations. More specifically, it integrates cost information into the decision-making...

What is a Strategic Acquirer in a Startup? What is a strategic acquisition? Strategic acquisition is more concerned with ensuring that the merger fits within the expectations of the company's long-term plans for the business. To achieve...

Status Quo Pricing Strategy

Stakeholder mapping is the visual process of laying out all the stakeholders of a product, project, or idea on one map.

What are the 7 stages of the strategic planning process?

As the name implies, a stability business strategy seeks to maintain operations and market size and position. This strategy is characteristic of small risk-averse firms or firms operating in a very precarious market that is comfortable...

SPACE Analysis is an analytical technique used in strategic management and planning. SPACE is an acronym of Strategic Position and ACtion Evaluation. The analysis allows to create an idea of the appropriate business strategy for the...

The Six Paths Framework developed by Chan Kim and Renée Mauborgne allows managers to address the search risk many companies struggle with.

What is the 4C Situational Analysis? The 5C Situation analysis is a method of conducting both an internal and external analysis of a company.

This Video Explains the Role of Creativity in Negotiations

Retrenchment is a strategy that some organizations use to prevent further profit losses.

A strategic alliance is an arrangement between two companies that have decided to share resources to undertake a specific, mutually beneficial project. A strategic alliance agreement could help a company develop a more effective process.

In economics, vertical integration is the term used to describe a business strategy in which a company takes ownership of two or more key stages of its supply chain.

The Value Reporting Foundation is a global nonprofit organisation that offers a comprehensive suite of resources designed to help businesses and investors

The term zero-cost strategy refers to a trading or business decision that does not entail any expense to execute. A zero-cost strategy costs a business or individual nothing while improving operations, making processes more efficient, or...

What is the Window of Opportunity? How does the window of opportunity relate to exploiting an entrepreneurial opportunity? The "window of opportunity" states the accurate time for a firm to enter into a new market and grab an opportunity...

VRIO is a business analysis framework that forms part of a firm's larger strategic scheme, proposed by Jay Barney in 1991. The basic strategic process of any firm begins with a vision statement, and continues on through objectives,...

VMOST Analysis helps you clearly see if your organization's vision, mission, objectives, strategies, and tactics are well-aligned.

Value engineering is the review of new or existing products during the design phase to reduce costs and increase functionality to increase the value of the product. The value of an item is defined as the most cost-effective way of...

Value Disciplines is a really powerful strategy framework. Value Disciplines can be quite flexible, but it is not for everyone.

The Value Creation Index (VCI) is a tool designed to quantify the link between an organization's non-financial performance and its valuation in the markets.