IFE Matrix (Internal Factor Evaluation)
by IFE (Internal factor evaluation) matrix is one of the best strategic tool to perform internal audit of any firm. IFE is use for internal analysis of different …
Tag: Strategic Management
VRIO Framework
VRIO Analysis is an analytical technique briliant for the evaluation of company’s resources and thus the competitive advantage. VRIO is an acronym from the initials …
Resource Based View (RBW) Analysis
The resource-based view (RBV) is a model that sees resources as key to superior firm performance. If a resource exhibits VRIO attributes, the resource enables …
The Internal Environment
The internal environment consists mainly of the organization’s owners, the board of directors, employees and culture. 1. Owners Owners are people who invested in the …
Internal Appraisal
The strategic analysis of the firm we consider the objective conditions which exist within the organization. The assessment of the internal position is of importance …
Environmental Scanning: Factors Considered, Approaches
Organizational environment consists of both external and internal factors. Environment must be scanned so as to determine development and forecasts of factors that will influence …
Organization structure and systems in Strategy implementation
Strategies do not take place against a characterless background but must take account of the features of the organization in which they will be implemented. …
Projects and Procedural issues in Strategy implementation
Following the procedures laid down for implementation constitutes an important component of strategy implementation in the Indian context : Licensing Procedure Foreign Collaboration Procedure FERA …
Integration of functional plans
Some of the functional activities or plans may be enterprise specific, such as production and marketing plans. Other functional plans may apply to the whole-farm, …
Values, Ethics and Social Responsibility
Values Important and lasting beliefs or ideals shared by the members of a culture about what is good or bad and desirable or undesirable. Values …