Michael Porter’s Contribution to Strategic Management

A model approach Generating strategic options by Adrian Sims

Michael Porter’s Three Generic Strategy model is one of the best known in strategic management. However in the Management Accounting – Business Strategy exam, few marks are awarded just for explaining such a model. Candidates must also be able to assess the quality of the model, suggest how it may be used and apply it to relevant cases. Strategic option generation forms an important part of the...

Structural Analysis of Engineering Consulting and Design Industry

Strategic management models have been evolving in the business domain on a continuous basis but the overwhelming majority of works in this field gives the impression that it is only the manufacturing industry that needs strategy and strategic models, or that the strategy in the professional services industry is the same as in the manufacturing industry despite their distinctive characteristics ...

A Strategic Assessment of The Higher Education Industry: Applying the Porter’s Five Forces for Industry Analysis

Resource-based view and competitive strategy: An integrated model of the contribution of information technology to firm performance

The contribution of IT to business performance has been studied from two main perspectives: a ‘strategy as positioning perspective,’ which underlines a market power imperative, and a resourcebased view perspective, which conceptualizes the enterprise as a ‘bundle of unique resources.’ The objective of the present study is to improve our understanding of the contribution of IT to firm performanc...

Strategic Contribution of a Business Process to Company’s Performance

The study is aimed at assessing the strategic importance of a business processes for achieving sustainable competitive advantage, therefore, in this article the theoretical approach for measuring the strategic contribution of a business process to an enterprise’s business system is presented.  For evaluating of a business process strategic importance the study proposes the system of economic an...