Difference between revisions of "Wheelen and Hunger's Strategic Management Model"
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+ | == What is Wheelen & Hunger's Strategic Management Model? == | ||
+ | Wheelen & Hunger's Strategic Management Model is a descriptive model used to help companies understand their strategic environment and their own capabilities. The model consists of five key components: Core Competencies, Resources, Business Strategy, Organizational Structure, and Performance Measures. Each of these components are integral for a company to be able to effectively manage its resources and operations in order to maximize profitability and success within its industry. McGraw-Hill Inc.'s Emphasis Etched Model for Morrow Text Free Value Creation can be used as a tool for assessing the effectiveness of the Strategic Management Model in order to ensure that it is meeting the company’s goals. | ||
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==See Also== | ==See Also== | ||
− | + | *[[Business Strategy]] | |
+ | *[[Mintzberg's 10 Schools of Strategic Thought]] | ||
Revision as of 21:22, 12 December 2022
What is Wheelen & Hunger's Strategic Management Model?
Wheelen & Hunger's Strategic Management Model is a descriptive model used to help companies understand their strategic environment and their own capabilities. The model consists of five key components: Core Competencies, Resources, Business Strategy, Organizational Structure, and Performance Measures. Each of these components are integral for a company to be able to effectively manage its resources and operations in order to maximize profitability and success within its industry. McGraw-Hill Inc.'s Emphasis Etched Model for Morrow Text Free Value Creation can be used as a tool for assessing the effectiveness of the Strategic Management Model in order to ensure that it is meeting the company’s goals.
See Also