User:Dr el namaki

Critique of strategic management conceptual frameworks

Time renders many long held analytical frameworks less effective. Some may even pose an analytical peril induced by ill fit and blurred function. El Namaki  measurs  today’s relevance of three of the most quoted and applied strategic management frameworks: Ansoff’s matrix, Porter’s five force competitive analyses and Drukcer’s management by objectives. Their intrinsic value and present day relevance were explored.

The article concludes by affirming the timelessness relevance of Ansoff’s matrix, raising questions as to the fitness of Porter’s five force analysis within the emerging structural changes in capital markets and finally raising more questions with regards to present day applicability Ducker’s management by objectives given, again, the increasing complexity of the environments of organizations and the changing urgency of strategic change. Porter’s concept in particular,  was introduced in the mid-eighties, a near three decades ago at a point of time when Reagan’s capital market deregulation was gathering steam. Structured finance, shadow investment banking and generous leverage ensued. They changed the nature of competition and with that the relevance and applicability of Porter’s intellectual product.