Difference between Qualitative and Quantitative

Difference between Qualitative and Quantitative Research
It provides insights into the problem or helps to develop ideas or hypotheses for potential quantitative research. Qualitative Research is also used to uncover trends in thought and opinions, and dive deeper into the problem. Qualitative data collection methods vary using unstructured or semi-structured techniques.

Full: Difference between Qualitative and Quantitative

Competency Management Model

In the competency management model, has three levels of competency. Such as:-

1. Competence or Competency
2. Core Competence or Core Competency
3. Distinctive Competence or Distinctive Competency

 Full: Competency Management Model

Internal Environment Factors Analysis

The conditions and forces that exist within the organization, it is called the internal environment factors of an organization. Internal environment factors portray an organization’s ‘in-house’ situations. An organization has full control over these situations. Unlike the internal environment, the internal environment is much more directly controllable. It includes various internal factors of the organization such as resources, owners/shareholders, the board of directors, employees and trade union, goodwill, and corporate culture.

These internal environment factors are detailed out below.
1. Resources of the organization
2. Owners/Stockholders/Shareholders
3. Board of Directors
4. Organization’s Culture
5. Organization’s Image/Goodwill

Full: Internal Environment Factors Analysis

External Environment Factors of Organisation

the external environment factors of organisation are what might affect externally it. For the convenience of analysis, we can divide external environment factors of organisation into two groups: One General environment (or remote environment), and other Industry environment (or the immediate operating environment).

External Environment Factors are:-
1. Lobbying
2. Influencing Customers
3. Influencing Suppliers
4. Boundary Spanning
5. Environmental Scanning
6. Strategic Response
7. Organizational Combinations

Full: External Environment Factors of Organisation

PESTLE Analysis Example for Business

PESTLE Analysis Example for Business
If we want to analyze our business in the proper way, we have to understand the analyzing process. When you come to understand the analyzing process, you can see some wonderful models. This model name is the business model, strategic model, strategic management model etc. However, there is described the PEST model or the PESTLE Analysis Example.

Full: PESTLE Analysis Example for Business

Strategic Objectives Examples and Explanation

Meaning of SMART. There are described about the Meaning and Nature of Strategic Objectives, Examples of SMART Strategic Objectives, Examples of Financial Performance Objectives, Classification of Strategic Objectives

The necessity of Strategic Objectives, Approaches to Strategic Objectives Setting: Top Down or Bottom-up Approach? and Long-Term Strategic Objectives and Competitive Strategy

Full: Strategic Objectives Examples and Explanation

Value Chain Analysis in Strategic Management

Value Chain Analysis of Strategic Management has two activities. Such as:-
01. Primary Activities in Value Chain Analysis
02. Supportive Activities in Value Chain Analysis

The primary activities are inbound logistics, operations/production, outbound logistics, marketing, and services.

Supportive activities in value chain analysis is comprised of several indicators as like Firm’s infrastructure, Human resource management, Technological development and Procurement of resources, finance, inventory etc.

Full: Value Chain Analysis in Strategic Management

Steps of SWOT Analysis in Strategic Management

The steps of SWOT analysis of strategic management are five. Such as:-

1. External Environmental Analysis
2. Industry and Competitive Analysis
3. Identification of Opportunities and Threats
4. Internal Environmental Analysis and Identification Internal Strengths & Weaknesses
5. Concluding SWOT Analysis and Drawing Conclusion

 Full: Steps of SWOT Analysis in Strategic Management

Thompson and Strickland Strategic Management Model

The seven factors of the Thompson and Strickland strategic management model are as follows:-

01. Dominant Economic Features of the Industry
02. Sources of Competitive Pressures and Strengths of Competitive Forces
03. Driving Forces in the Industry
04. Market Position of the Competitors
05. Strategic Moves of the Competitors
06. Industry’s Key Success Factors
07. Industry Analysis Plan

 Full: Thompson and Strickland Strategic Management Model

Strategic Management Process 6 Steps

There are included the Strategic management process 6 steps. Strategic management process 6 steps are:-

01. Developing Organization’s Vision and Mission
02. Strategic Analysis of the Organization
03. Establishing Objectives
04. Strategy Formulation
05. Strategy Implementation
06. Strategic Evaluation and Control

Full article: Strategic Management Process 6 Steps

Types of Strategies in Strategic Management

There are mentioned the different types of strategies in management. Such as:-
# Competitive Strategy
# Corporate Strategy
# Business Strategy
# Functional Strategy and
# Operating Strategy

Full Article: Types of Strategies in Strategic Management

Types of Organizational Environment

The organizational environment comprises its surroundings things. These affect its activities, operations, and steps favorably or unfavorably.

The types of organizational environment is the main topic of this discussion. However, we can classify the organizational environment into two broad categories. External and internal are the types of organizational environment. These are:-
01. External Environment, and
02. Internal Environment

Full Article: Types of Organizational Environment

Strategic Management Model

Strategic Management Model
There are mentioned thirteen most important Strategic Management Model and diagrams with examples: Such as:

01. Balanced Scorecard
02. Strategy Map
03. SWOT Analysis
04. PEST Model
05. Gap Planning
06. Red-Blue Ocean Strategy
07. Porter’s Five Forces Model
08. Thompson and Strickland's Model
09. VRIO Framework
10. Andrew's Model, Glueck's Model
11. The Schendel and Hofer Model
12. Korey's Model
13. Schematic Model

Full Article:  Strategic Management Model