Advanced Techniques for Strategic Management

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Technique	Description
SWOT Analysis	Assessing strengths, weaknesses, opportunities, and threats to make informed strategic decisions.
Scenario Planning	Creating multiple scenarios to anticipate future events and plan accordingly.
Blue Ocean Strategy	Identifying uncontested market spaces to create new demand and make competition irrelevant.
Agile Strategic Management	Adopting agile methodologies to quickly adapt to changing market conditions.

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Authentic source of data: Strategic Management Journal