Know all about the best strategic analysis models for excellent management dissertation

Know All About The Best Strategic Analysis Models For Excellent Management Dissertation

Dr. Nancy Agnes, Head, Technical Operations, Tutorsindia info@ tutorsindia.com

I. INTRODUCTION II. THE BEST STRATEGIC ANALYSES If you search for strategic analyses models

MODELS

to use in a management dissertation, you are in the right place. The digital business world

The best strategic analyses models or

is

frameworks depend on their contribution to

continuously

with

rapid

technology

and

the organization's strategic planning process.

globalization. Hence students need to write

It involves many steps that include. Step -1

management

different

is about the mission, vision, and values of

strategic analysis models to be up to date.

the model Step -2 is the strategy formulation

Only such

will

Step-3 is about the strategy description Step

enhance their prospects of getting job

-4 is strategy cascadingStep-5 is strategy

opportunities in organizations globally. All

execution.

Depending

on

of them, big or small, need strategic analysis

subjective

score

strategic

models to have clarity of the internal

contribute, two significant types include

positive attributes. Also, the models help to

Strategy execution models like Balanced

identify the strength of both external and

Scorecard for overall organization strategy

internal

and OKR for specific challenges Strategy

development

changing in

dissertations

excellent

resources

for

on

dissertations

increasing

their

the

how

much models

competitive advantage to sustain and be

formulation

successful. Check out the different strategic

PESTEL, Three Horizons, and Constraints

analyses models to use in a management

Analysis, among others.

models

include

SWOT,

dissertation.

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The third is the external analysis, in which the organization has no control over the internal affairs and plays a vital part in selecting the suitable strategic analyses model. The fourth concept is sharing the key findings of the internal and external analyses in a strategy meeting to ensure achieving the goals.

IV DIFFERENT STRATEGIC ANALYSES MODELS USED IN MANAGEMENT DISSERTATION III. THE FOUR CORE CONCEPTS OF After knowing the core concepts of strategic

STRATEGIC ANALYSES

analyses and how models contribute to it, it Depending on the strategy level, you need to

is time to check the different strategic

choose from the different strategy analyses

analyses models used in a management

models for the management dissertation.

dissertation.

Hence it is essential for you as a management student to know the four core

V. GAP ANALYSIS

concepts involved in all strategic analyses.

The first concept is to understand the

Gap analysis is one of the best internal

strategy level like corporate, business, and

analysis models to identify the gaps in

functional for completing the analysis as

organizations that create hurdles to achieve

each level's aims differ from one another.

the goals. It compares the current state to

The second concept of internal analysis

the desired future state to find the gap and

helps to decide on the strategic analysis

the series of actions to fill it.

models

used

to

assess

the

internal

environment to identify the organization's strengths and weaknesses.

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VI. VRIO ANALYSIS

organization both internally and externally.

It leverages the strength to improve the

VRIO Analysis is another internal analysis

weakness for minimizing the threats and

tool that identifies the many available

maximum

resources' traits and moves it to the next step

organizations' development Tows.

for

development

into

use

the

opportunities

for

competitive

advantages.

VII. VALUE CHAIN ANALYSIS

Like VRIO, Value Chain analysis identifies and helps to establish the organization's competitive advantage by examining the many activities to understand the values of each that contribute to making the final product or service. Its concept is that both

Source: creately.com

the primary and supportive activities should directly or indirectly add value to bring the

IX. PORTER'S FIVE FORCE ANALYSIS

product or service to increase profits efficiently.

Porter developed the five force analysis in 1980 to determine the primary competitive VIII. SWOT

influence in the market. The five forces include the competition, potential of new

SWOT is a simple but the most effective

entrants, threat of substitute products,

strategic analysis model for organizations'

suppliers,

internal and external perspectives. For the

knowing the strength of these five forces,

past nearly half a century, it is the most

organizations can develop strategies to

popular strategic analysis model to plan and

overcome the competition and be profitable.

manage

the

effectively.

business

for

the

and

customers'

power.

By

future

SWOT means the strength,

X. PESTEL ANALYSIS

weakness, opportunities, and threats of the

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educational

If there is one best external strategic analysis model, it is PESTEL analysis as it helps to

in

Palestinian

Marketing and Management (IJBMM), 5(3), 11-

understand the current status and the potential impact of the following five

service

Universities. International Journal of Business

26.

3.

Cragun, O. R., Olsen, K. J., & Wright, P. M. (2020). Making CEO narcissism research great:

elements.

A

Political

review

and

meta-analysis

of

CEO

narcissism. Journal of Management, 46(6), 908936.

Economic 4.

Social

Rodríguez-Rivero, R., Ortiz-Marcos, I., DíazBarcos, V., & Lozano, S. A. (2020). Applying the

Technological

strategic

Environmental

management in a development project in

prospective

Colombia. International

Legal

approach

Journal

to

of

project

Project

Management, 38(8), 534-547.

By giving an aerial view of the environment, this strategic analysis helps organizations to predict the complicated external factors that could affect the organization now and in the

5.

Yang,

L.,

&

Huo,

B.

(2020).

Doctoral

dissertations in supply chain management: a review of Chinese contributions from 1995 to 2019. The International Journal of Logistics Management.

future.

Strategic management and its models exist since ancient times, and with the changing business world, there is more to come. The above few strategic analysis models will sure help you to use in management dissertation. And for more, seek help from the best dissertation writing services.

REFERENCES: 1.

Bigelow, L. S., & Barney, J. B. (2021). What can strategy

learn

from

approach?. Journal

the of

business

model

Management

Studies, 58(2), 528-539.

2.

Alayoubi, M. M., Al Shobaki, M. J., & AbuNaser, S. S. (2020). Strategic leadership practices and their relationship to improving the quality of

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