Quote by MICHAEL PORTER - Deepstash
MICHAEL PORTER

"Strategy is about making choices, trade-offs; it's about deliberately choosing to be different."

MICHAEL PORTER

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mrparedes

High School Reading Teacher. Book lover. Sharing insights to inspire discovery. "Reading is to the mind what exercise is to the body." – Joseph Addison

Strategic analysis is a cornerstone of effective business decision-making. It involves the systematic collection, interpretation, and application of data to understand the current state of the business, anticipate future trends, and identify opportunities and threats. By processing information into actionable insights, strategic analysis enables businesses to make informed decisions that align with their goals and values. This guide explores ten powerful strategic analysis tools that can empower you to make better decisions.

Similar ideas

Competitive strategy is about being different. It means deliberately choosing a different set of activities to deliver a unique mix of value.

MICHAEL PORTER

Life at the Frontier

Those that are far from the frontier can focus on improving each element. You can improve by reorganizing your work to get more done.

But once you are on the productive frontier, things are different. Improvement comes from making hard choices about trade-offs.

Barry Schwartz

The necessity of making trade-offs alters how we feel about the decisions we face; more important, it affects the level of satisfaction we experience from the decisions we ultimately make.

BARRY SCHWARTZ

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