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Strategy

Major dimensions[hide]

 Strategy • Strategic management

 Military strategy • Maritime strategy
 Strategic planning • Game theory
 Strategic studies • Strategic thinking

Major thinkers[hide]

 Michael Porter • Rita Gunther McGrath

 Bruce Henderson • Gary Hamel
 Candace A. Yano • C. K. Prahalad
 Jim Collins • Liddell Hart
 Carl von Clausewitz • Sun Tzu
 Julian Corbett • Alfred Thayer Mahan
 J.C. Wylie • Adrian Slywotzky
 Sharon Oster • Chris Zook
 Henry Mintzberg • Clay Christensen

Concepts[hide]

 Business model
 Competitive advantage • Experience curve
 Value chain • Portfolio theory
 Core competency • Generic strategies
 Uberisation
 Sharing economy • Performance effects

Frameworks and tools[hide]

 SWOT • Five forces

 Balanced scorecard
 PEST analysis • Growth–share matrix
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Business administration

Management of a business

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Types of management[show]

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In the field of management, strategic management involves the formulation and implementation
of the major goals and initiatives taken by an organization's top managers on behalf of owners,
based on consideration of resources and an assessment of the internal and external
environments in which the organization operates.[1][need quotation to verify][2][3]
Strategic management provides overall direction to an enterprise and involves specifying the
organization's objectives, developing policies and plans to achieve those objectives, and then
allocating resources to implement the plans.[4] Academics and practicing managers have
developed numerous models and frameworks to assist in strategic decision-making in the
context of complex environments and competitive dynamics.[5] Strategic management is not static
in nature; the models often[quantify] include a feedback loop to monitor execution and to inform the
next round of planning.[6][7][8]