There are a number of well-known strategic planning models. To bring your team up to speed on the evolution of strategic planning itself, write a white paper of 1200-1500 words, addressing the following specific models of strategic planning:
- Michael Porter's 5 Forces
- Adrian Slywotzky's Value Migration
- W. Chan Kim and Renee Mauborgne's Blue Ocean Strategy
Using the Web resources provided and any others you find, make sure to address the following specific questions in your white paper:
- The premise underlying each of the three models of strategic planning and the advantages each brings to the process
- How to apply or implement strategic planning using each of the 3 methods
- The pros and cons of each strategic planning method