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Vishu Bheda
AI did the magic • 1y
Top 7 Business Frameworks for Success: 1. SWOT Analysis: Assess strengths, weaknesses, opportunities, and threats to strategize effectively. 2. PESTLE Analysis: Examine political, economic, social, technological, legal, and environmental factors impacting your business. 3. Porter's Five Forces: Analyze industry competition to determine profitability and strategic positioning. 4. Business Model Canvas: Visualize and innovate business models with key elements like value propositions, customer segments, and revenue streams. 5. Lean Startup Methodology: Emphasize rapid experimentation and validated learning to create successful businesses with minimal waste. 6. Balanced Scorecard: Align business activities to the vision and strategy, improve internal and external communications, and monitor organizational performance against strategic goals. 7. Blue Ocean Strategy: Create uncontested market space and make competition irrelevant by focusing on differentiation and low cost.
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