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strategy frameworks

Strategy frameworks are tools that help organizations plan and achieve their goals effectively. Think of them as blueprints that provide structured ways to analyze situations and make decisions. Common frameworks include SWOT analysis (assessing strengths, weaknesses, opportunities, and threats), PEST analysis (examining political, economic, social, and technological factors), and Porter’s Five Forces (analyzing industry competition). By using these frameworks, businesses can better understand their environment, differentiate themselves from competitors, and create actionable plans to succeed in their objectives.