Strategy The Hedgehog Concept The Hedgehog Concept is a strategic framework that helps organisations identify and commit to the single area of activity in which they can be truly exceptional.
Strategy BHAG: Big, Hairy, Audacious Goal A Big, Hairy, Audacious Goal (commonly abbreviated to BHAG and pronounced ‘bee-hag’) is a long-term strategic goal that is bold, compelling, and ambitious to the point of being daunting.
Strategy Porter's Five Forces Michael E. Porter's Five Forces model helps business strategists understand and evaluate the external factors affecting the competitive position of an organisation.
Strategy The McKinsey 7-S Framework The McKinsey 7-S Framework is a diagnostic tool designed to help management effectively organise a company. The premise of the model is that the seven elements provide mutual support and must therefore be aligned.
Strategy Blue Ocean Strategy Blue Ocean Strategy encourages innovation by focusing on product development within new markets, rather than within the limits of existing market boundaries.
Strategy Boston Consulting Group (BCG) Growth-Share Matrix Originally developed by the Boston Consulting Group, the BCG Growth-Share Matrix (often referred to as the BCG Matrix) is a simple model that uses relative market share and rate of market growth as criteria to help companies with multiple lines of business prioritise investment.