Business – Page 2 – mist of management

Entrepreneurial Diary – Week 1 – Creativity and Opportunity Theory

Posted by David McClory MBAon 22 January, 201516 May, 2021in Business, Entrepreneurship, MBA studies, Personal reflection, Theory in practice6 Comments

Becoming an entrepreneur - week 1 Academic theory behind setting up a new venture business and applying entrepreneurial theory in practice. Creativity and Opportunity Theory, Porter's Four Forces of Entrepreneurial Opportunity

Stakeholder theory

Posted by David McClory MBAon 18 November, 201314 May, 2021in MBA studies, Stakeholders, Strategy, Theory1 Comment

Stakeholder management theory. Who are stakeholders? What is the difference between stakeholders and shareholders for businesses and organisations? All organisations need to be concerned about stakeholder relationships, whether private businesses, public sector organisations or third sector charities, stakeholder theory unites all. Milton Friedman, Edward Freeman, Starik, Drucker

Understanding the industry environment

Posted by David McClory MBAon 16 November, 201314 May, 2021in Business, MBA studies, Strategy, Theory1 Comment

Assessing the strategic industrial environment through Porter's Five Forces. Assessing the attractiveness of markets, industries and the macro-environment Porter's 5 Forces: Competition, Consumers, Suppliers, New Entrants, Potential substitute products. PESTLE: Political, Economic, Social, Technological, Legal and Environmental