Strategy has always existed, but Michael Porter was the first to create a comprehensive framework for thinking about strategy. His initial framework, and those that followed, are rooted in basic economics, but they extend economics from an aggregated view of the world down to the industry and organizational level. Porter’s original strategic framework from the … Read more
PESTLE Analysis – also referenced as PESTEL, PEST, and a number of other variants – is a framework or evaluating macro context factors as part of strategy development. PESTLE is an acronym for Political, Economic, Social, Technological, Legal, and Environmental. The PESTLE analysis framework is becoming increasingly popular and relevant with the rise of environmental … Read more
The SWOT Analysis – an analysis of Strengths, Weaknesses, Opportunities, and Threats – was developed in the 1960s at Harvard Business School and is one of the earliest strategy frameworks. As simple as it is, it is powerful and can open your eyes to the reality of your situation, both positively and negatively. It can … Read more
Any project is being executed in order to ‘get a job done’. A critical, up front, strategic action for the project manager is to gain clarity on the ‘job to be done’ by the project. This is often also called the ‘product of the project’ – but maybe it goes deeper. This article looks at … Read more