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Article Review: Three Strategic Frameworks

   

Added on  2023-04-19

6 Pages1216 Words384 Views
Running head: ARTICLE REVIEW
Article Review
Name of the Student
Name of the University
Author note

1
ARTICLE REVIEW
Introduction
The article helps in the analysis of the three kinds of strategic framework which are
useful at the time of decision-making along with implementation of the respective strategies.
In this aspect, the involvement of the strategy will be based on the analysis of the strategy
which will be used as the lecturer and consultant in the university. The three forces which
will be explained in the review of the article includes the opposing forces, managing forces
and the competitive advantage which will play a vital role in managing the different
operations. The competitive advantage is inclusive of identifying the perceived value which
is differentiating aspect.
Objective and Purpose
The primary objective of the given paper was to present and analyze the three forces
as presented by the author on the subject of Business Management. During his study, the
author had presented a set of three different frameworks with respect to the formation of the
decision making as well as implementing the different decisions as well. For this reason, the
primary purpose of the paper is to present an analysis of the different frameworks and define
their usefulness in the realm of the firm.
Literature Review
As commented by Will (2008), the first framework deals with opposing forces which
is the approach related to problem solving as it will maximise the added value to the
organization. As opined by Will (2008), it can be analyzed that while a firm tries to expand
its market share, the opposing forces can be used which will assist them in using the
aggressive pricing strategy along with raising the sales and profitability in the market.
However, on the contrary, Will (2008),has commented that the potential disadvantage of the

2
ARTICLE REVIEW
opposing forces is that the competitors can react in a strong manner which can be caused due
to the loss of the share in the market.
Additionally, Will (2008), has commented that the second framework named
managing forces which could be improving the overall scenario through managing the
products of the company while entering the new market. It will be helpful for the company in
setting a new vision and it will be beneficial for the overall growth as well. As opined by Will
(2008), the main motive of the managing forces is to set a new strategic vision which will
provide new opportunities for the company to gain and communicate the vision
appropriately.
Furthermore, as commented by Will (2008), it is regarded as the improving the
overall competitive advantage in the market through perceiving the differentiation aspect.
The differentiation plays a major role in the organizational success in which the main concern
is to satisfy the needs of the customers. Will (2008), has opined that the differential value is
the most crucial element which emphasizes mainly on the quality of the products and the
features of the same which will prove to be positive and it will engage more customers
towards purchasing the products in the market. However the author has opined that although
the competitive advantage is essential, however, the firms require to make the profits
adequate which will improve their brand image in the market.
Methodology
The style of the paper can be essentially described as descriptive in nature. No
particular methodology or research style can be defined or identified with respect to the fact
that this paper proposes the different business strategy frameworks which are ideally used by
the different companies or can be used. As strategy forms an integral part of the business, all
organizations need to make use of different strategic tools which will go a long way in

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