Applying frameworks Flashcards
Best for profitability
Revenue
Price per unit
No. of units sold
Costs
Fixed Cost
Variable Cost
Best for new business
3C and P
Customers Company Competition Product
Best for marketing
4P
Product Place Promotion Price
Best for merger and acquisition
M and A McKinsey
Stand-alone value of the targeting company:
Synergy of the two companies:
Other factors:
Best for strategy implementation
McKinsey 7-S Model
Structure Strategy Systems Style Staffing Skills Shared Values
Best for business strategy development
Porter’s Five Forces Threat of New Entrants: Threat of Substitute Products or Services: Bargaining Power of Suppliers: Bargaining Power of Buyers: Rivalry Competition:
Best for cases of new business
SWOT
Strengths Weaknesses Opportunities Threats
Best for cases of product analysis
Value Chain framework Inbound Logistics Operations Outbound Logistics Marketing and Sales Service
Best for cases of market research
STP
Segmenting
Targeting
Positioning
Supply and Demand framework
Best for decision making process
Cost and Benefit framework
Best for new product, product development opportunities
BCG 2x2
on x-axis: Market share -> low-high
on y-axis: Market growth -> low-high
1-4 quadrants -> stars; question marks; dogs; cash cows.
SWOT
Strengths Weaknesses Opportunities Threats
Best for new product
3P&C
Customers Company Competition Product
Best for new market entry
3P&C
Customers Company Competition Product
Supply and Demand framework
Porter’s Five Forces Threat of New Entrants: Threat of Substitute Products or Services: Bargaining Power of Suppliers: Bargaining Power of Buyers: Rivalry Competition:
Best for growth strategy
3P&C
Customers Company Competition Product
Best for company assessment/improvement
3P&C
Customers Company Competition Product
McKinsey 7-S Model
Structure Strategy Systems Style Staffing Skills Shared Values