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Strategy
Major dimensions
Strategy • Strategic management
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Strategic planning • Game theory
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Michael Porter • Rita Gunther McGrath
Bruce Henderson • Gary Hamel
Candace A. Yano • C. K. Prahalad
Jim Collins • Liddell Hart
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J.C. Wylie • Adrian Slywotzky
Sharon Oster • Chris Zook
Henry Mintzberg
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Balanced scorecard • Ansoff matrix
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PEST analysis • Growth–share matrix
STP • MECE principle
Business Model Canvas • Kraljic matrix
Strategic Grid Model • Strategy map • VRIO
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Strategic fit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment. The matching takes place through strategy and it is therefore vital that the company has the actual resources and capabilities to execute and support the strategy. Strategic fit can be used actively to evaluate the current strategic situation of a company as well as opportunities such as mergers and acquisitions (M&A) and divestitures of organizational divisions. Strategic fit is related to the resource-based view of the firm which suggests that the key to profitability is not only through positioning and industry selection but rather through an internal focus which seeks to utilize the unique characteristics of the company's portfolio of resources and capabilities.[1] A unique combination of resources and capabilities can eventually be developed into a competitive advantage which the company can profit from. However, it is important to differentiate between resources and capabilities. Resources relate to the inputs to production owned by the company, whereas capabilities describe the accumulation of learning the company possesses.
^Grant, Robert M. (1998). "Analyzing resources and capabilities". Contemporary Strategy Analysis: Concepts, Techniques, Applications (3rd ed.). Malden, MA: Blackwell. pp. 105–140. ISBN 0631207805. OCLC 38120557.
Strategicfit expresses the degree to which an organization is matching its resources and capabilities with the opportunities in the external environment...
market analysis, customer experience, product features, product cost, strategicfit, and product architecture. A product concept should describe how the...
matches with the external opportunities is expressed by the concept of strategicfit. Internal factors are viewed as strengths or weaknesses depending upon...
Somvanshi, Kiran Kabtta. "Berger Paints: Sherwin Williams unit buy is a strategicfit". The Economic Times. Retrieved 2 April 2022. "Berger's new unit at...
adaptation (sometimes referred to as strategicfit and organizational congruence) is a concept in organization theory and strategic management that is used to describe...
ideas from one project can help another project (positive spillovers). Strategicfit, also known as complementarity that yields economies of scope, is the...
In the field of management, strategic management involves the formulation and implementation of the major goals and initiatives taken by an organization's...
A. Benckiser (now known as JAB Holding Company) in 1992. Coty was a strategicfit for Benckiser, which had another beauty subsidiary, as well as an international...
Burt's Bees. In 2010, Clorox shed businesses that were no longer a good strategicfit for the company, announcing that it was selling the Armor All and STP...
operate within Bloomsbury's Academic & Professional division as "a good strategicfit with Bloomsbury's existing publishing lists".. Zed's authors include...
abandoned when Corel's shares fell and it became clear that there was no strategicfit. InterBase 6.0 was made available as open-source software in July 2000...
Apple could take over, once again citing the Trump tax bill and Apple's strategicfit. This analysis predated to Disney's announcement that it would acquire...
ChevronTexaco. Unocal's oil interests in Central Asia were considered a strategicfit for the company. On July 20, 2005, Unocal announced that it had accepted...
should serve as a link between human resource management and the overall strategic plan of an organization. Ageing workers population in most western countries...
business had become cosmetics and fragrances and that cleaners had no strategicfit in their company. As of 2014, regional marketing has left brand recognition...
requires a "long term course of action" and this is where strategy fits in. Strategic planning is an organisation’s process to outlining and defining its...
2014. Retrieved April 29, 2016. Fields, Anna. "Rovi To Acquire TiVo. StrategicFit Or A Synergy Play?". Forbes. Archived from the original on October 9...
Wilhelm Voutilainen (2021-02-22). "Here's why Glu is an excellent strategicfit for EA". GamesIndustry.biz. Retrieved 2024-04-20. {{cite web}}: |last=...
comparison becomes the gap analysis. Such analysis can be performed at the strategic or at the operational level of an organization. Gap analysis is a formal...
'Fast fit' (often capitalized and written as Fast Fit,) refers to a method of handling the shipping and sampling processes typical of multinational organizations...
which can be disappointing for fans of RPGs who want more of a strategic challenge. Ring Fit Adventure debuted at #3 in the UK, and #1 in Japan and South...
its foreign policy goals. As outlined by Huth, a policy of deterrence can fit into two broad categories: preventing an armed attack against a state's own...
primarily released in a plastic ROM cartridge called the Game Pak. This strategic choice of high-performance but lower-capacity medium was met with some...
The Business Model Canvas is a strategic management template used for developing new business models and documenting existing ones. It offers a visual...
management Financial viability Economic viability Demonstrated need and strategicfit Siting and design Hydrological resource Asset reliability and efficiency...
measurement. Manufacturers try to design and manufacture bras that correctly fit the majority of women, while individual women try to identify correctly fitting...
reaction to his publicized gaffes. Biden has repeatedly said that he is fit for the presidency. According to The New York Times, Biden often embellishes...
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