FUNCTIONS OF MANAGEMENT
Management An organized group of activities is called Management, which is One of the most essential aspects of the economic life of humans. In the modern social organization, management is considered an essential institution. When efforts of humans are carried…
The Fall and Rise of Strategic Planning
The Fall and Rise of Strategic Planning – Summary The Fall and Rise of Strategic Planning by Henry Mintzberg highlights the three crucial issues regarding Strategy and Planning. Firstly, the difference between Strategic Planning and Strategic Thinking is explained in…
6 Steps to Make Your Strategic Plan
6 Steps to Make Your Strategic Plan Really Strategic – Summary The article “6 Steps to Make Your Strategic Plan Really Strategic”, a real strategic planning article written by Graham Kenny, discusses the flows and six steps technique to make…
How Competitive Forces Shape Strategy
How Competitive Forces Shape Strategy – Summary The article “How Competitive Forces Shape Strategy”, a strategic planning article written by Micheal E. Porter, discusses the nature and degree of competition in an industry hinge on five forces: The threat of…
Why Do Good Managers Set Bad Strategies?
Michael Porter Asks, and Answers: Why Do Good Managers Set Bad Strategies? – Summary This article identifies the factors behind the crucial question “Why do good managers come up with bad strategies?” and also highlights self-inflected corporate errors due to…
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