Technology Business Business Strategy Management Strategy Product Management
Paweł Huryn
Paweł Huryn

@PawelHuryn

8 Tweets Apr 01, 2023
Twitter
Execution is impossible without a strategy.
Top 6 strategic frameworks every PM should know to be successful in 2023: 🧵
#productmanagement #strategy
1. SWOT Analysis
#SWOT (strengths, weaknesses, opportunities, and threats) analysis is a framework used to evaluate a company's competitive position and to develop strategic planning
More: youtu.be (6:27)
2. PESTEL Analysis
#PESTEL analysis is commonly used to evaluate the business environment in which a company operates.
The acronym stands for Political, Economic, Social, Technological, Environmental, and Legal factors.
youtu.be (9:49)
3. Porter’s Five Forces
#Porter's Five Forces is a model that identifies and analyzes five competitive forces that shape every industry and helps determine an industry's weaknesses and strengths.
youtu.be (8:13)
4. Value Chain Analysis
Value Chain Analysis is an analytical framework that assists in identifying business activities that can create value and competitive advantage for the business.
youtu.be (13:15)
5. Ansoff Matrix
The #Ansoff Matrix often called the Product/Market Expansion Grid, is a 2x2 framework used to help plan and evaluate growth initiatives
youtu.be (13:50)
6. McKinsey 7S Model
@McKinsey #7S model illustrates the ways in which seven elements of businesses can be aligned to increase effectiveness.
youtu.be (10:41)
You can watch those videos in 60 minutes.
If you like this post, follow me for more tweets and threads on #productmanagement and #strategy: @HurynPawel

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