I need a list of strategic tools that any business (small or large; manufacturing or service; domestic or international) can apply for basic strategies development.
Can check tools like SWOT analysis, pareto,Ishikawa diagramme,etc.They can help in the analysis in strategic planning.
If I had to choose 3 I would say:
- Business Canvas, is really useful to design and understand a business project or company,
- 5 Forces of Porter, the same and would add its property to understand the level of competitiveness
- Customer Journey as a practical scheme to provide value to clients
T.R. Anandan
Strategic tools forms a range of tools that are used to plan, implement and evaluate a strategy for an organization. They provide a clear and measurable goals that helps leaders to identify the strengths, weaknesses and gaps in their business. Examples of these strategic tools and techniques for a business may include: Gap planning and analysis, VRIO framework analysis, Value chain analysis, SWOT analysis, PESTEL analysis, Blue ocean strategy, Balanced scorecard, Porter's 5-competitive forces analysis. These tools can be useful for strategic analysis, strategic management process, strategic planning, strategic sourcing, strategic thinking e.t.c. The following are just a few of the various research studies that have been done on this topic to help understand in more details about these strategic tools and techniques in organization success;
i) Afonina A (2015): Strategic management tools and techniques and organisational performance.
ii). Berisha A, Ehaja Q, & Kutllevci E (2017): Strategic management tools and techniques usage (
III). Aforina A, Chalupsky V (2013).Investigation of Strategic management tools and techniques
iv). Nouri BA & Solton M (2017): Analysis of the use of strategic management tools between Iranian firms.
v). Pasanen M (2011): Strategic management tools and techniques in Small Scale Enterprises.
One strategy which I would suggest is the following: 'Tweak the usage of 'Call centres' that seem to purposefully stifle essential communication from clients.' Every organization or business still needs to have the Old Auntie! (lucratively employed) who knows the system and answers back to front. I can't tell you have many times I have taken my business elsewhere because of being stymied by an hour long wait and my month's phone time wasted. This so smacks of 'manipulation' and 'disregard.' Excellent communication is the name of the game!
Stephen Fouche - A different perspective. I agree, communication is vital.
First undestand the three types of methods to build a compagny : organisational (from the business environment and the study of the market to the product, the straegic objectiv and then the strategy), effectual methods (based on the already existing asset), and lean methods (based on iterations). In each methods, you have different tools. Free to have a discussion about it if needed.
Thanks Adeline Leroy . Suggest some frequently used tools in each category.
T.R. Anandan for the organisational way of doing => Pestel porter swot but in a strategic way of analysing it (not in a scholarship way ^^) and then strategic objective => best strategic option => description in marketing/HR/finance/operation => application road map => KPI (relevant not just financial ones => risks factors and solutions. For the effectual methode : core competencies analysis and assets and then matching with the industry needs/costomer attempts. For lean => Ries book :D
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