Section 3
Internal Analysis Inputs to Strategy
Book
Version 10
By Boundless
By Boundless
Boundless Management
Management
by Boundless
5 concepts
The Mission Statement
A mission statement defines the fundamental purpose of an organization or enterprise.
Porter's Competitive Strategies
Michael Porter classifies competitive strategies as cost leadership, differentiation, or market segmentation.
SWOT Analysis
A SWOT analysis allows businesses to assess internal strengths and weaknesses in relation to external opportunities and threats.
Forecasting
Forecasting is the process of making statements about expected future events, based upon evidence, research, and experience.
The Resource-Based View
In the resource-based view (RBV), strategic planning uses organizational resources to generate a viable strategy.