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Know All About The Best Strategic Analysis Models For Excellent Management

Dissertation

Dr. Nancy Agnes, Head, Technical Operations, Tutorsindia

info@ tutorsindia.com

I. INTRODUCTION

If you search for strategic analyses models

to use in a management dissertation, you are

in the right place. The digital business world

is continuously changing with rapid

development in technology and

globalization. Hence students need to write

management dissertations on different

strategic analysis models to be up to date.

Only such excellent dissertations will

enhance their prospects of getting job

opportunities in organizations globally. All

of them, big or small, need strategic analysis

models to have clarity of the internal

positive attributes. Also, the models help to

identify the strength of both external and

internal resources for increasing their

competitive advantage to sustain and be

successful. Check out the different strategic

analyses models to use in a management

dissertation.

II. THE BEST STRATEGIC ANALYSES

MODELS

The best strategic analyses models or

frameworks depend on their contribution to

the organization's strategic planning process.

It involves many steps that include. Step -1

is about the mission, vision, and values of

the model Step -2 is the strategy formulation

Step-3 is about the strategy description Step

-4 is strategy cascadingStep-5 is strategy

execution. Depending on how much

subjective score the strategic models

contribute, two significant types include

Strategy execution models like Balanced

Scorecard for overall organization strategy

and OKR for specific challenges Strategy

formulation models include SWOT,

PESTEL, Three Horizons, and Constraints

Analysis, among others.

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III. THE FOUR CORE CONCEPTS OF

STRATEGIC ANALYSES

Depending on the strategy level, you need to

choose from the different strategy analyses

models for the management dissertation.

Hence it is essential for you as a

management student to know the four core

concepts involved in all strategic analyses.

The first concept is to understand the

strategy level like corporate, business, and

functional for completing the analysis as

each level's aims differ from one another.

The second concept of internal analysis

helps to decide on the strategic analysis

models used to assess the internal

environment to identify the organization's

strengths and weaknesses.

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

After knowing the core concepts of strategic

analyses and how models contribute to it, it

is time to check the different strategic

analyses models used in a management

dissertation.

V. GAP ANALYSIS

Gap analysis is one of the best internal

analysis models to identify the gaps in

organizations that create hurdles to achieve

the goals. It compares the current state to

the desired future state to find the gap and

the series of actions to fill it.

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VI. VRIO ANALYSIS

VRIO Analysis is another internal analysis

tool that identifies the many available

resources' traits and moves it to the next step

for development into 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

the primary and supportive activities should

directly or indirectly add value to bring the

product or service to increase profits

efficiently.

VIII. SWOT

SWOT is a simple but the most effective

strategic analysis model for organizations'

internal and external perspectives. For the

past nearly half a century, it is the most

popular strategic analysis model to plan and

manage the business for the future

effectively. SWOT means the strength,

weakness, opportunities, and threats of the

organization both internally and externally.

It leverages the strength to improve the

weakness for minimizing the threats and

maximum use the opportunities for

organizations' development Tows.

Source: creately.com

IX. PORTER'S FIVE FORCE ANALYSIS

Porter developed the five force analysis in

1980 to determine the primary competitive

influence in the market. The five forces

include the competition, potential of new

entrants, threat of substitute products,

suppliers, and customers' power. By

knowing the strength of these five forces,

organizations can develop strategies to

overcome the competition and be profitable.

X. PESTEL ANALYSIS

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If there is one best external strategic analysis

model, it is PESTEL analysis as it helps to

understand the current status and the

potential impact of the following five

elements.

Political

Economic

Social

Technological

Environmental

Legal

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

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.

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