Strategic Management:

Strategy Formulation

Business Environment

A Combination of Political, Economic, Social, and Technological (PEST) Forces

 

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Founder, Ten3 Business e-Coach Inspiration and Innovation Unlimited!

   

Business Environment Business Ecosystem Strategic Landscape Business Designs Enterprise Business Process Management

  

 

Differentiation Strategies

 

 

PEST Analysis

Politics / legislation

list major trends

Economics

list major trends

Social

list major trends

Technological

list major trends

Business Environment Defined

Business environment is a set of political, economic, social and technological (PEST) forces that are largely outside the control and influence of a business, and that can potentially have both a positive and a negative impact on the business.1

New Economy: Key Features

PEST Analysis

Today's world is a rapidly changing place. Developments across a range of factors will have an impact on your business or industry. The classic PEST framework (political, economic, social, technological)  identifies four major categories of  external factors that affect the ability of your organization to survive and prosper.

Jack Welch's 5 Strategic Questions

Business Ecosystem

Business ecosystem   an economic web is a community of organizations and stakeholders (players) operating within a particular business environment, which collaborate and compete in an economic web of relationships.  >>>

Strategy Formulation

Corporate Strategy: 2 Logics

Competitive Strategies: 2 Types

Surprise To Win: 3 Strategies

Strategy formulation is the process of determining appropriate courses of action for achieving organizational objectives and thereby accomplishing organizational purpose... >>>

3 Strategies of Market Leaders

Blue Ocean vs. Red Ocean Strategy

 

References:

1. Managing Complexity, Robin Wood

2. Turning Your Business Around,. Mark Blayney

3. ICT for SMEs, Vadim Kotelnikov

4. Leading Change, Vadim Kotelnikov