War Game Simulation

SWOT analysis, Porter’s industry, strategic group analysis and ratio analysis are some of the techniques used in determining competitive analysis. There are many steps that need to be taken to find all of the proper information to make sure they the research is correct. For instance, Environmental scanning is the way companies can look at all information and find which is useful, this is done be obtaining the information internally and externally within the corporation. By analyzing all of the data obtained corporations are able to make the best decision for them and their companies. It is important to have reliable information before making a business decision. Environmental scanning is broken up into several parts: Natural environment, societal environment and task environment. By having each one of these companies are able to use the different analysis groups. War Game Simulation is when you play a certain …show more content…
Porter’s four-corners help the company itself in expanding. It helps the companies gather enough information that can be used to make them successful, by getting the employees involved and allowing them to give their ideas. Treacy and Weirsema value discipline shows you were each company is on the successful business meter. The information gathered shows you were each company stands with operationally excellence, product leader and customer intimacy. All of these are very important and should be used in all companies. Blind spot analysis would not be the first analysis I would pick. It’s a type of analysis were you are just taking a leap of faith that something will work. Each and every one of these analysis can be used to help companies be successful. It is important for them to find which one works best for them. It seems that they all go hand and hand, which allows them to work in junction with one another. It all goes back to Environmental scanning and the different parts of how that