Teece’s win-lose innovation model was named after the economist David Teece who created this framework for companies that want to capitalize on their innovations and turn them into their comparative advantage. Main Benefits of TEECE’S WIN-LOSE INNOVATION MODEL Teece’s win-lose innovation model helps you: Protect your innovation from the imitators Turn your innovation into a...
PMESII-PT is a tool that stands for Political, Military, Economic, Social, Information, Infrastructure, Physical Environment, and Time. It was developed by the army of the United States to structure large amounts of information and formulate a robust strategy. Main Benefits of PMESII-PT PMESII-PT helps you: Understand the environment you newly entered Organize a large amount...
Donald Hambrick and James Fredrickson created the Strategy Diamond to illuminate how different strategy parts align with one other. Main Benefits of HAMBRICK AND FREDERICKSON’S STRATEGY DIAMOND The STRATEGY DIAMOND helps you: Measure and review the effectiveness of your strategies Identify the extent of competition which businesses could fate Create a direction for the future...
The Five-Step Strategy Model, developed by A.G. Lafley, and Roger Martin, is a step-by-step strategic planning tool. Main Benefits of FIVE-STEP STRATEGY MODEL FIVE-STEP STRATEGY MODEL helps you: Build a coherent strategy Focus on the most critical aspects of strategic planning Clarify your thoughts with its question-based structure. Explanation of FIVE-STEP STRATEGY MODEL Regardless of...
4Ps of Marketing, one of the most famous concepts in marketing, is developed by Philip Kotler, one of the most famous people in marketing. According to Kotler, 4Ps are the key factors that you should consider while developing your marketing strategy and deciding your marketing mix. Those are Product, Price, Place and Promotion. Although...
The 7S framework, developed by Richard A. D’Aveni, is a set of approaches to direct an organization in high-speed or hypercompetitive markets. Main Benefits of D’Aveni’s 7S Framework D’Aveni’s 7S framework helps you: put disruption in the center of your business strategy, compete in the market in an unexpected manner, force your organization out...
Van Westendorp’s Price Sensitivity Meter, was developed by Peter Van Westendorp to identify optimal price corridor through 4 questions to be asked customers. Main Benefits of Van Westendorp’s Price Sensitivity Meter: Van Westendorp’s Price Sensitivity Meter helps you: define optimal price interval for your product, understand potential impacts of price change, determine pricing strategy....
RFM (Recency, frequency, and monetary value) is an analysis methodology enabling companies to segment their customers based on past purchases. Main Benefits of RFM Analysis & Segmentation RFM helps you: tailor your strategy based on customers’ past purchasing behavior transform occasional buyers into regular ones calculate customer lifetime value (CLTV, LTV), and identify most...
The ADL Matrix (or Strategic Condition Matrix), developed by Arthur D. Little, is a strategy tool that will clarify your thoughts while shaping portfolio strategy. Main Benefits of the ADL Matrix The ADL Matrix helps you: categorize your products based on their potential to generate profit decide which distinctive strategy to pursue for each...
The CAGE Distance Framework -denoting cultural, administrative, geographic, and economic differences among countries- is a tool that helps businesses adjust their strategies to new markets/locations. Main Benefits of the CAGE Distance Framework Making it possible to examine the practical aspects of entering a new market, CAGE Distance Framework helps you: Determine which elements* of...
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