Essays on Strategy Page 3

Human nature insists on a definition for every concept. The field of strategic management cannot afford to rely on a single definition of strategy, indeed the word has long been used implicitly in different ways even if it has traditionally been defined formally in only one. Explicit recognition of multiple definitions can help practitioners and…

Introduction in the negotiation process Negotiation is a basic human activity. It is a process we undertake in everyday activities to manage our relationships, such as between husband and wife, children and parents, employers and employees, buyers and sellers and business associates. In business relationships, parties negotiate because they think they can influence the process…

            In the aftermath of war there is usually one side that emerges victorious while the other raises the white flag of surrender. When the commander of the triumphant side can discern the fluttering piece of white cloth then it is time to meet the leader of the vanquished army in order to discuss the…

H. Igor Ansoff, also known as “Father of Strategic Management,” propounded a model of Strategic Management, which is a profit enhancing model that predicts the future environment turbulence of companies and helps measure the company’s own strategic model. The Ansoff model of corporate strategy is predictive and mathematical which provides a clear understanding of the…

Strategy is the science of formulating decisions, implementing them and then evaluating cross-functional decisions in an organization. Strategy helps organization to achieve their aims and objectives. It provides a competitively superior fit between the organization and its environment or culture so that the organization can achieve its goals. Strategy basically focuses on integrating management, marketing,…

Table of Contents INTRODUCTION:  It is important for organizations operating and competing at global level to understand how it fits into the external environment that it operates in. The twenty first century has witnessed frequent fluctuations in these international environment in which businesses operate which in turn has encouraged these businesses to concentrate heavily on…